Saturday, November 23, 2024
Texas power regulator rejects request to cut $16 billion in charges during freeze- oil and gas 360

Texas power regulator rejects request to cut $16 billion in charges during freeze

Reuters HOUSTON – Texas’ state power regulator on Friday unanimously vetoed a request to cut about $16 billion from state power charges during the final day of the state’s February cold snap, saying even a partial repricing could have unintended effects. The Public Utility Commission deferred voting on a separate proposal to slice service fees that would have saved retail

Texas energy freeze stretches to sixth day, raises Mexico's ire-oil and gas 360

Texas energy freeze stretches to sixth day, raises Mexico’s ire

Reuters HOUSTON – Texas’s freeze entered a sixth day on Thursday, as the largest energy-producing state in the United States grappled with massive refining outages and oil and gas shutins that rippled beyond its borders into neighboring Mexico. The cold snap, which has killed at least 21 people and knocked out power to more than 4 million people in Texas,