Winter Storm Uri

Oklahoma regulators approved to lower and extend the natural gas costs incurred by consumers following Winter Storm Uri last year when wholesale prices skyrocketed. The Oklahoma Corporation Commission (OCC) order in January allows the costs to be securitized under a law passed by the legislature after the deadly emergency event. Without the securitization, it is…

Weeks away from the one-year anniversary of Winter Storm Uri, Oklahoma regulators have approved a plan that would lower and extend the natural gas costs incurred by consumers following the deadly storm. The Oklahoma Corporation Commission (OCC) order issued earlier in January allows the costs to be securitized under a law passed by the state…

Days ahead of a deep freeze forecast to plunge into Texas, a final report filed Tuesday by the state’s electric grid operator with the Public Utility Commission (PUC) said nearly all of the electric generating units and transmission facilities that were required to winterize have done so. “The Texas electric grid is more prepared for…

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…

NGI’s Mexico GPI has narrowed down an eventful year to the five key stories that defined Mexico’s natural gas market in 2021. These stories are:

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…

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…

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,…

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…