by Brant Foy | Feb 19, 2021 | Business
U.S. crude oil production has plunged by as much as 40 percent due to the Polar Vortex that brought freezing temperatures to swathes of the United States, most notably including Texas, where wellheads and pipelines froze. Now, this is turning into a global problem....
by Brant Foy | Feb 18, 2021 | Business
Occidental Petroleum says it is curtailing oil deliveries from the Permian Basin region due to complications from the historic Texas freeze, in the first force majeure among the area’s major oil producers. The company also expects curtailments of shipments...
by Brant Foy | Feb 17, 2021 | Business
An unprecedented winter storm has left more than 1 million North Texans without power. Overnight at DFW Airport, the temperature dropped to -2 degrees. It was the lowest recorded temperature in North Texas since 1949. More than 1.2 million North Texans lost power in...
by Brant Foy | Feb 16, 2021 | Business
Nationwide, airlines halted about 3,200 flights on Monday, according to Flightaware.com. Most flights out of DFW International Airport and Dallas Love Field were canceled for the second day in a row with frigid temperatures and snowy roads wrecking air travel across...
by Brant Foy | Feb 16, 2021 | Business
Amid a winter storm that has plunged temperatures and blanketed much of North Texas in snow, Dallas and the surrounding cities have come to a standstill. State and local officials are urging Texans to conserve energy as more than a million people experience rolling...
