The Railroad Commission of Texas (RRC) plans to explore “all options” to reduce any financial burdens to consumers brought about because of high natural gas and electricity costs related to last week’s unprecedented winter storms.

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Regulators also were in “daily contact” with producers, pipeline operators and electric regulators to ensure natural gas supplies continue to be delivered.

“Utilities have been purchasing gas to deliver to customers in a commodities market in which prices dramatically increased due to the extremely high demand brought on by the prolonged storm,” the three-member RRC said.
Commission Chair Christi Craddick said she was “committed to utilizing all of the tools available to this agency to assist in the coming weeks. The Railroad Commission...