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News Articles: Texas storm

A shopper walks past a mostly bare shelf as people stock up on necessities at the H-E-B grocery store in Austin, Texas, on Feb. 18. A devastating winter storm that hit the middle of the country last month helped send retail sales tumbling.

Tagged as: 

  • Economy

'This Was Bad': Retail Sales Suffer Big Chill In February Amid Stormy Weather

Retail sales dropped sharply last month after a winter storm blanketed much of the country's midsection, but forecasters expect a sharp rebound in sales.

March 16, 2021
|
By:
  • Scott Horsley
Power lines are seen on Feb. 16 in Houston. The Texas Public Utility Commission has declined to reverse $16 billion in charges from the worst of February's winter storm.

Tagged as: 

  • Energy

Texas Won't Reduce $16 Billion In Electricity Charges From Winter Storm

The state public utility commission had faced requests to reverse billions of dollars' worth of charges. But doing so might end up causing unintended consequences, the PUC said.

March 06, 2021
|
By:
  • Matthew S. Schwartz
Millions of Texans lost power when the winter storm hit the state and knocked out coal, natural gas and nuclear plants that were unprepared for the freezing temperatures.

Tagged as: 

  • Business

Texas Energy Co-Op Files For Bankruptcy After Storm, High Bill

Brazos Electric Power Cooperative cites a massive bill from the Electric Reliability Council of Texas as the reason for the bankruptcy filing.

March 01, 2021
|
By:
  • Jaclyn Diaz
Five out-of-state members of a major Texas electricity grid operator are resigning following winter storm Uri that hit the state and knocked out coal, natural gas and nuclear plants that were unprepared for the freezing temperatures brought on by the storm.

Tagged as: 

  • Energy

Board Members Resign From Texas Electric Grid Operator After Mass Power Outages

The Electric Reliability Council of Texas has been heavily criticized after last week's winter storm left more than 4 million Texans without power for several days.

February 24, 2021
|
By:
  • Jaclyn Diaz

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