by Melody Meadows | Feb 23, 2021 | Business
The claim: “The Texas power grid is not part of the U.S. power grid because they wanted to avoid federal regulation.” — Facebook post. The winter blackouts that have forced millions of Texans to bear freezing temperatures without heat or power have drawn attention to...
by Melody Meadows | Feb 22, 2021 | Business
The oil companies are discovering widespread damage from the deep freeze. Four of Texas’ largest refineries are discovering widespread damage from the deep freeze that crippled the state this week and expect to be down for weeks of repairs, raising the potential for...
by Melody Meadows | Feb 22, 2021 | Business
Gas prices are coming back with a vengeance. When the pandemic hit last year, Americans hunkered down at home, demand for gasoline plunged, and prices dropped. Last April, the national average for all grades fell below $2 a gallon for the first time in over four...
by Melody Meadows | Feb 21, 2021 | Business
Crude prices surge around world as weather cuts U.S. exports Because of disruptions caused by the winter storm, what began as a power crisis for a handful of U.S. states is sending a ripple through the world’s oil market. More than 4 million barrels a day of...
by Melody Meadows | Feb 19, 2021 | Health
When St. David’s South Austin Medical Center ran out of water and lost heat on Wednesday amid a historic cold burst in Texas, the hospital was forced to ask staffers to use trash bags to remove feces from toilets, KVUE reported. That dire scene captured a growing...