Freeze

Texas Electricity Suppliers Face Bankruptcy, Lawsuit Stemming from Freeze

Texas Electricity Suppliers Face Bankruptcy, Lawsuit Stemming from Freeze

The impacts of a historic cold snap on the Texas electricity market continued to reverberate on Monday, as one electric power supplier filed for bankruptcy and another was sued by the state attorney general in connection with the crisis. Waco, TX-based Brazos Electric Power Cooperative Inc. said Monday it has filed for Chapter 11 bankruptcy…

March 1, 2021
Oil Production, Demand Drop Amid Energy Crisis in Texas

Oil Production, Demand Drop Amid Energy Crisis in Texas

Crude oil production in the United States plummeted but so too did demand amid last week’s bitter freeze that caused an energy crisis in Texas. Stockpiles ticked up as a result, the Energy Information Administration (EIA) said in its latest Weekly Petroleum Status Report (WPSR) on Wednesday. U.S. commercial crude inventories for the week ended…

February 24, 2021
Legal Battles Loom as Biden Order Pauses Federal Oil, Natural Gas Leasing

Legal Battles Loom as Biden Order Pauses Federal Oil, Natural Gas Leasing

The U.S. oil and gas industry reacted with dismay and the first of perhaps multiple lawsuits Wednesday ahead of an executive order (EO) by President Biden directing the Department of the Interior (DOI) to pause new oil and natural gas leasing on federal lands and offshore waters. The EO published Wednesday afternoon follows a 60-day…

January 27, 2021

Trump Signs Hiring Freeze, Proposes Moratorium on New Federal Regulations

President Trump signed executive orders Monday calling for a federal hiring freeze and withdrawing the United States from the proposed Trans-Pacific Partnership (TPP) trade agreement.

January 23, 2017

Ohio’s Kasich Vetoes Tax Break for Oil/Gas Producers; Ends Renewables Freeze

Ohio Gov. John Kasich on Tuesday vetoed legislation that would have expanded a sales tax exemption for oil and natural gas producers, saying it would have cost the state too much and unfairly favored the industry.

December 28, 2016

North Dakota in Freeze as Production Declines

A deep freeze named Brutus hammered North Dakota with a pre-winter force in November, knocking down oil and gas production from all-time record levels the previous month, according to the latest statistics from the state Department of Mineral Resources (DMR).

January 14, 2013

TransCanada Asks Regulator to Freeze Tolls

TransCanada Corp. is seeking to freeze tolls on its natural gas Mainline at current levels until its grand design for reducing the troubled system’s charges — the proposed “business and services restructuring” — can be put into practice.

November 21, 2011

TransCanada Asks Regulator to Freeze Tolls

TransCanada Corp. is seeking to freeze tolls on its natural gas Mainline at current levels until its grand design for reducing the troubled system’s charges — the proposed “business and services restructuring” — can be put into practice.

November 21, 2011

Congressmen: Leave Shale Regulation to States

The federal government should leave shale regulation to the states, but companies should be ready for changes to the tax code that will likely impact their industry, a bipartisan panel of lawmakers told a Philadelphia audience last Wednesday.

September 12, 2011

Correction

In the article “Southwest Gas Shutoff Aftermath Lingers” (see Daily GPI, March 30), NGI incorrectly stated that during a severe freeze in February “some 40,000 retail gas customers experienced shut-offs in New Mexico, with thousands more in certain areas of southern Arizona.” The 40,000 number is incorrect. The sentence should read “Thousands more were affected in other areas of New Mexico and certain areas of southern Arizona.” NGI regrets the error.

April 1, 2011
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