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Guest “Just a bit outside!” by David Middleton Plunging Natural Gas Supply Shows Texas Still Not Ready for Cold
By Gerson Freitas Jr, Francesca Maglione, and Sergio ChapaTexas’s natural gas industry had almost a year to prepare for last weekend’s cold blast and avoid another loss of production. But yet again, instruments froze, output plunged and companies spewed a miasma of pollutants into the atmosphere in a bid to keep operations stable.
Though Saturday’s cold front wasn’t as severe as the February storm that killed hundreds and knocked out power to much of the state, nearly 1 million cubic feet of gas was burned or wasted due to weather-related shutdowns, according to filings with the Texas Commission on Environmental Quality. At the same time, production plunged to the lowest level since the last freeze, BloombergNEF data shows.
[…] Bloomberg Green The article includes this eye-popping graphic: Bloomberg Green The Bloomberg article is…
The freezing weather over New Year’s weekend did lead some operators to shut in production. However, the media intentionally exaggerated the production drop and willfully ignored the actual failure. EIA Data Suggests 5% Decline in Texas Natural Gas Production – Not 25% As Some Outlets Reported
January 7, 2022
Bloomberg Corrects Gross Exaggeration of Emissions Related to Cold Weather (Corrects 1 Billion cubic feet to 1 Million cubic feet)
AUSTIN – Being quick to blame and slow to listen might get headlines, but it doesn’t deliver facts that are needed to make thoughtful decisions to protect the lives of Texans.Recent media reports and industry hacks have been exaggerating data about the natural gas system related to the recent cold weather. There are no official daily reports of actual flows of natural gas – they are delivered monthly. However, analysts can offer estimates based on market activity, the same type of […]
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