Rare Texas Winter Storm Sends Energy Prices Soaring - An unprecedented winter storm that stretched from Canada all the way to the Gulf of Mexico has sparked another electricity price spike across the United States, seeing Texas temperatures trend 12-15 degrees below the long-term average of 45 F. - Natural gas demand skyrocketed with ERCOT gas power burn hitting 7.
4 BCf per day on January 21, up 75% compared to the 2020-2024 average of 4.2 BCf per day, with aggregate loads only 0.6 GW away from reaching an all-time high. - Industrial facilities…Europe's Rush to Secure Natural Gas
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