Headlines stating cold weather caused natural gas supplies to “plunge” are just wrong, both in fact and in the impact to consumers, causing unwarranted emotional distress

The following can be attributed to Todd Staples, president of the Texas Oil and Gas Association:

“A great deal of attention is focused on what, if any, impact the sudden temperature drop might have on statewide natural gas production. All reports we’ve received indicate declines are minimal, characteristic of daily fluctuations and within typical operational expectancies. There was and continues to be far excess of daily natural gas production than what is needed for all Texans’ needs, including for electrical power generation and for local distribution. Daily production, combined with natural gas storage, is ample for power generation and local distribution, even in the most extreme conditions, if power generators have firm contracts to purchase natural gas, adequate infrastructure to meet their needs and adequate back up plans based on storage and redundancy. This is what states do that do not have natural gas production in their state.”

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