Extreme cold and snowy weather left Oklahoma utility companies pleading for help from consumers and regulators as they are facing a potential shortage of natural gas for home heating purposes. State regulators might hold an emergency meeting on Monday, a federal holiday to help respond with possible increased allowable production of natural gas. As …
February 14, 2021 archive
New Mexico Senators plea for help from Biden administration
The two Democratic U.S. Senators in New Mexico recently had a chance to ‘bend the ear’ of National Climate Advisor Gina McCarthy about the impact of President Biden’s anti-fossil fuel steps. They specifically asked whether the Biden administration can offer aid to New Mexico, the hardest hit state by the pause on few federal …
Record natural gas prices in Oklahoma amidst cold spell
The bitter cold weather in Oklahoma brought a record price for natural gas. Bloomberg reported natural gas traded at $600 per million British thermal units in the state over the weekend as the state and the Midwest were in a deep freeze. The temperature plunge resulted in other hubs reporting high prices including $350 …