March 8, 2021 archive

Energy news in brief

** A suspected missile strike on an oil-loading facility used by Turkey-backed opposition forces in northern Syria sparked a massive blaze across a large area where oil tankers are normally parked, aerial and satellite images show. ** A go-to lender for U.S. electric cooperatives, National Rural Utilities Cooperative Finance Corporation has $4 billion in exposure to the …

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Texas utilities ignored previous winter storm experiences

  The Washington Post reports that the corporate and municipal owners of more than 30 power-generation plants in Texas apparently ignored warnings and advice from nearly a decade ago when the state was hit by a cold weather snap. The paper found the same companies experienced similar problems in 2011 and failed to winterize equipment …

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Small Kansas town sues BP Energy over inflated winter gas bills

A small town in far southeast Kansas has sued BP Energy over the February extreme cold weather and the natural gas prices the company charged. The town of Mulberry accused BP Energy of “unconscionable profiteering” after the company inflated gas prices from $2.98 per mmbtu on Feb. 9 to $329.615 from Feb. 13-16 reported the …

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