In this episode, TXOGA President Todd Staples, Director of Government & Regulatory Affairs Shana Joyce and Chief Economist Dr. Dean Foreman discuss industry’s preparations and protocols for winter weather, plus the importance of natural gas in supporting the state’s electric grid and an overview of how natural gas markets work.
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TXOGA: Natural Gas Facts
TXOGA: Winter Ready
TXOGA: A post Winter Storm Heather analysis by TXOGA found the state’s electric grid was largely supported by natural gas. Together, all thermal sources including natural gas accounted for nearly 95% of electricity on the grid during the peak demand period, with weather-dependent sources providing 3% and battery storage 1%.
Reuters: In January 2024, North Dakota production across the Bakken Shale fell by half, largely due to extreme cold weather.