Related Articles
Forward article link
Share PDF with colleagues

Letter from the US: Oil and gas sector faces cold hard facts

Glacial temperatures in southern states showcase lack of provision against extreme weather

February is typically bad for US states west of the Mississippi River in terms of winter weather. But the recent bout of Arctic cold has been extreme. Parts of the electric grid in Texas failed, the state diverted its stores of gas from power to heat and many of the region’s refineries have been shut down. While clearly unusual, the situation put the energy-rich US south on the back foot. And it could be a much-needed wake-up call for industry investments as supposedly rare events like these become more common. A state of emergency was declared on 12 February across Texas as the state grappled with unprecedented cold and snow. The following week, the frigid temperatures forced some refiner



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
More Chinese firms enter global LNG market
5 March 2021
Niche buyers in China are starting to make waves in the global LNG market, spurred by reforms that have opened up the country’s vast pipeline network
Gulf of Guinea piracy worsens
5 March 2021
Maritime regulators and the shipping industry issue warnings over escalating frequency, severity and range of pirate attacks
Latin America plays catch-up
4 March 2021
The pandemic wreaked havoc on NOC balance sheets in 2020, but the region still has some competitive advantages
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video