Winter Storm Uri

Improved Coordination Planned by U.S. Natural Gas, Electricity Markets in Uri’s Wake

Improved Coordination Planned by U.S. Natural Gas, Electricity Markets in Uri’s Wake

The North American Energy Standards Board (NAESB) has unanimously approved an initiative to improve coordination between the natural gas and electric markets in response to Winter Storm Uri in February. The cold snap caused widespread power outages and shut-in oil and gas production across the south-central United States. Gas-fired generation accounted for 58% of all…

December 14, 2021
Following Expected Record 2021, Kinder Morgan Projecting ‘Robust’ Results in New Year

Following Expected Record 2021, Kinder Morgan Projecting ‘Robust’ Results in New Year

Kinder Morgan Inc. (KMI) said it expects to post banner full-year 2021 results and drive even stronger earnings next year. Bolstered by exceptional winter demand for natural gas earlier in the year, the Houston-based operator is projecting it would earn 76 cents/share this year. Seismic first quarter sales gains made amid surging demand and soaring…

December 8, 2021
Texas Regulators Order Hardening of ‘Critical’ Natural Gas Infrastructure Following Winter Storm Uri

Texas Regulators Order Hardening of ‘Critical’ Natural Gas Infrastructure Following Winter Storm Uri

The Texas Railroad Commission (RRC) has adopted rules designating the “critical” natural gas suppliers and customers during energy emergencies in the wake of last February’s Winter Storm Uri. The cold snap caused a 20% plunge in natural gas production in the south-central United States, dented pipeline exports to Mexico by as much as 1 Bcf/d,…

December 6, 2021
Texas Steps Up Oversight of ‘Critical’ Natural Gas Infrastructure in Wake of Winter Storm Uri

Texas Steps Up Oversight of ‘Critical’ Natural Gas Infrastructure in Wake of Winter Storm Uri

The Texas Railroad Commission (RRC) has adopted rules designating the “critical” natural gas suppliers and customers during energy emergencies in the wake of last February’s Winter Storm Uri. RRC Chairman Wayne Christian said the commission “adopted a ‘critical designation’ rule to ensure our natural gas supply is prepared for future energy emergencies…critical facilities including more…

December 2, 2021
FERC Steps Up Energy Industry Oversight in 2021, With Eye on Uri

FERC Steps Up Energy Industry Oversight in 2021, With Eye on Uri

FERC’s enforcement activity in the energy sector increased in fiscal year 2021 and included investigations into possible market manipulation during Winter Storm Uri. “When I became chairman of the Commission last January, one of my top priorities was to ensure vigorous oversight and enforcement of the Commission-regulated markets,” said Federal Energy Regulatory Commission’s Chairman Richard…

November 24, 2021
Natural Gas Issues Blamed for Lion’s Share of Winter Uri Outages, Say Federal Regulators

Natural Gas Issues Blamed for Lion’s Share of Winter Uri Outages, Say Federal Regulators

In an extensive 313-page report, federal regulators have concluded that natural gas-fired generators made up 58% of all unplanned outages, derates or failures to start during the deadly cold weather event in February. The remaining portion of outages was by wind (27%), coal (6%), solar (2%) and other generation types (7%), according to the final…

November 18, 2021
Column: Mexico Gas Market Gears Up for Uncertain Winter Period

Column: Mexico Gas Market Gears Up for Uncertain Winter Period

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The opinions and positions expressed by Prud’homme do not necessarily reflect the views of NGI’s Mexico Gas Price Index. Recent increases in…

October 1, 2021
FERC, NERC Inquiry into February Freeze Spotlights Natural Gas Failures

FERC, NERC Inquiry into February Freeze Spotlights Natural Gas Failures

Natural gas-fired electric generators made up a majority of the failures identified by FERC during an inquiry into the extreme cold weather that rattled power markets in Texas and the Midwest in February. The Federal Energy Regulatory Commission, in a joint effort with the North American Electric Reliability Corp. (NERC), found freezing generator components and…

September 23, 2021
Texas Regulators Looking to Improve Natural Gas Infrastructure Post Uri

Texas Regulators Looking to Improve Natural Gas Infrastructure Post Uri

In an effort to reform the rules following Winter Storm Uri last February, the Railroad Commission of Texas (RRC) has proposed changes to designate critical natural gas infrastructure during energy emergencies. Proposed rule 3.65 specifies the process under which entities that provide natural gas would be designated as critical customers or gas suppliers during an…

September 17, 2021
As Prompt-Month Henry Hub Surpasses $4, North American Gas Buyers Say Price Surge a Mixed Bag

As Prompt-Month Henry Hub Surpasses $4, North American Gas Buyers Say Price Surge a Mixed Bag

Changes in regional and global natural gas pricing, along with the transition to low-carbon energy, are creating challenges and opportunities for large natural gas buyers in North America, a panel of experts agreed Wednesday (July 21). The discussion at the LDC Gas Forums-Northeast event in Boston came a day before prompt-month Henry Hub prices surpassed…

July 23, 2021