By Alex Mills It is well known that if you don’t like the current weather in Texas, wait a minute because it’s going to change. The cold snap that blew through Texas a …
February 16, 2022 — From the US Energy Information Administration: “In our February 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will remain high enough to drive U.S. crude oil production to …
February 15, 2022 — Texans are generally lukewarm on whether changes made by the Legislature will keep the lights on, a new poll indicates, but as always politics is a major determinant. Very …
February 10, 2022 — On the anniversary of a deep freeze that debilitated Texas’ power system and caused at least 246 deaths, a new white paper from Environment America Research & Policy Center, Environment …
February 10, 2022 — As part of the RRC’s ongoing implementation of Senate Bill 3, the agency established rules in November for filing critical infrastructure designation forms (Form CI-D) and filing forms for …
By Alex Mills Crude oil, natural gas and gasoline prices were all up this week. It’s a trend that has been repeated almost weekly since June 2020 when there was an oversupply of …
By Alex Mills Two reports were released recently highlighting the increase in economic activity in the oil and gas industry in Texas in 2021 with anticipation of even more advancements this year. The …
February 1, 2022 — Natural gas saw another up month for the state tax collector as the O&G sector continued to slowly pull out recent bad times. Texas Comptroller Glenn Hegar said in …
February 1, 2022 — While the cold front arriving in Texas Wednesday night is expected to be less dangerous than last February’s power crisis, Governor Greg Abbott is warning that local power outages …
February 1, 2022 — Fourth quarter 2021 profits for Exxon Mobil Corp. were nearly $9 billion, compared to losses in the same period of 2020, the company said Tuesday morning, with the best …
Note: Exxon reports is 2021 4th quarter earnings on Tuesday January 31, 2022 — ExxonMobil on Monday announced a sweeping global reorganization that includes a move from its 30-year headquarters in Irving to …
By Alex Mills Natural gas has been called the fuel of the future for quite some time. It is available in large quantities. It has a complex infrastructure of pipelines, compressors and utilities …
January 27, 2022 — A federal judge on Thursday used climate change as a frame for invalidating the largest offshore O&G lease sale in US history. The underlying legal concept in the judge’s …
January 26, 2022 — Austin management-owned infrastructure company Whitewater Midstream and its partners are welcoming a fourth partner in the BANGL LLC joint venture to bring natural gas from the Permian Basin to …
Dear Texans, THE TRUTH ABOUT ENERGY TRANSFER There have been a number of media reports this week about our disagreement with Vistra subsidiaries Dynegy Marketing and Trade and Luminant Energy Company based on …
By Alex Mills Global energy prices are moving upward. Crude oil, gasoline, and natural gas are all higher than at the beginning of 2022. Crude oil is up 13% from $76 on Jan. …
January 20, 2022 — Commodity price reporting company Argus has launched its WTI-centric Crude Market Ticker application feature. The company touts the new product as providing “unparalleled transparency in two of the world’s …
January 18, 2022 — Houston’s ConocoPhillips has signed a five-year $5 million contract with Austin infrastructure and environmental consultants Atlas Technical Consultants. Atlas says it typically partners with clients “to improve performance and …
By Alex Mills January 18, 2022 — Covid-19 was a major factor in the decline of demand for energy in 2020 and it sent shock waves throughout the oil and natural gas industry. …
January 18, 2022 — A grid management alert has been issued to warn of concerns about upcoming Texas weather, but there are no worries about whether electricity is or will be available — the concern is over strong winds that could affect power lines.
The Electric Reliability Council of Texas issued an Operation Condition Notice at 9:30 am CST, warning of minor frozen precipitation in Texas, especially in Central Texas.
There is no indication of possible problems with the availability of electricity, certainly nothing like last Valentine’s Day.
Strong winds are expected Thursday as a cold front moves through the state, endangering some power lines.
ERCOT said Tuesday morning, “OCN issued for the predicted extreme cold weather event for the ERCOT Region for Thursday, January 20, 2022 through Friday.”
