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The planned shutdown, announced by Phillips 66 on Wednesday, came just days after Gov. Gavin Newsom signed a bill that could force the state's refineries to store extra gasoline, a move intended ...
Have you noticed a jump in gas prices? The closure of an Indiana oil refinery could be one factor. Shutdown of Indiana oil refinery impacts gas prices with a 21 cent increase from last month
July 12—Greece—Two power plants in Lavrio and Megalopolis shut down due to malfunction within 12 hours of each other during a period of high demand due to a heat wave. That led to a cascading failure causing the collapse of the entire Southern (Power) System, affecting several million people in southern Greece.
Rancho Palos Verdes' sliding land triggers short-notice gas shutoffs to coastal homes, adding to the miseries they have endured. SoCalGas suddenly cuts service to 135 homes in Rancho Palos Verdes ...
Natural phenomena can significantly affect natural gas production and thus supply. Hurricanes, for example, can affect the offshore production and exploitation of natural gas. This is because safety requirements may mandate the temporary shut down of offshore production platforms. Tornadoes can have a similar effect on onshore production ...
The natural gas industry reaped a windfall profit of $11 billion during the crisis. [22] Texas gas utilities were permitted by the Railroad Commission to issue bonds to cover what they paid to suppliers, to be paid off by customers. Municipal gas companies have also added surcharges to bills. [22]
Natural gas prices at the Waha Hub in West Texas have been negative a record number of times so far this year. ... In April, a segment of a pipeline system was shut down following a fire.
The effect of the European Union response to the dispute is clear when you consider that European gas prices went above €200/MWh in 2022, but by August 2023 the price had dropped to around €30, and with EU gas storage near full, [90] some companies began storing gas in war-torn Ukraine. [91]