Articles tagged Abbott

An investigation into the emergency response by utilities to Beryl, which knocked out power to millions in Houston and surrounding communities after making landfall as a Category 1 hurricane, is underway following a push by Gov. Greg Abbott.

Despite the lack of clarity on the long-term impacts from this week’s Arctic storm, news that power had been restored to most Texas residents on Thursday and warmer weather seen moving into the Lower 48 by next week sent natural gas futures prices crumbling. 

Gulf Coast liquefied natural gas (LNG) export operations were again near a standstill on Thursday as plants were working to comply with Texas Gov. Greg Abbott’s order banning out-of-state gas sales and handling issues related to an Arctic blast that’s still gripping the region.

As overnight weather data shifted warmer, and as traders mulled the implications of an export ban out of Texas, natural gas futures pulled back a few cents in early trading Thursday. The March Nymex contract was down 4.3 cents to $3.176/MMBtu at around 8:50 a.m. ET.

Republican Gov. Greg Abbott of Texas, a supporter of President Trump, on Thursday said the administration’s new tariffs on steel and aluminum imports could threaten future economic growth in the state and across the country.

In a pair of meetings held in recent days officials from Texas, Mexico and representatives of several energy companies discussed oil and natural gas trade across the international border.