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LetMyPeopleVote

(145,631 posts)
Sat Sep 3, 2022, 04:40 PM Sep 2022

Texas gas companies face fines up to $1 million for failing to prepare for extreme weather

This is a feeble attempt to prepare for the next winter. 700+ Texans died in the big freeze due to the power plants not being weatherized. These power suppliers made billions in the freeze.



https://www.khou.com/article/news/local/texas/texas-gas-companies-extreme-weather/285-7c73d792-72ea-4c3c-9e0e-21e28775d06a

— A year and a half after a severe winter storm nearly collapsed the state’s power grid, Texas oil and gas regulators approved new rules Tuesday that would require natural gas companies to properly prepare their equipment for extreme weather.

The rules will require oil and gas companies to be able to continue operating during a weather emergency, but they do not specify the standards the agency’s inspectors will use to measure readiness. They also require companies to submit annual reports to the Texas Railroad Commission, which regulates the state’s massive oil and gas sector, outlining what they have done to ensure their facilities won’t fail during weather emergencies.

If companies do not comply with the new rules, they would be subject to a minimum $5,000 fine and a maximum fine of $1 million.

Critics are skeptical about whether the Railroad Commission can prevent another catastrophe like the one that struck Texas in February 2021, when extended freezing temperatures shut down natural gas facilities and power plants, which rely on each other to keep electricity flowing. The resulting blackouts left millions of Texans without power for days, and hundreds of people died in the winter storm.
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Texas gas companies face fines up to $1 million for failing to prepare for extreme weather (Original Post) LetMyPeopleVote Sep 2022 OP
The odds of the Texas Railroad Commission levying a $1 million fine TexasTowelie Sep 2022 #1
and had been forever, from what I recall reading. elleng Sep 2022 #2
1 million is chump change for those fuckers Skittles Sep 2022 #3
"Lazy" poor people die, huge profits made off of The Unmitigated Gall Sep 2022 #6
repukes, they do not care Skittles Sep 2022 #8
1 million is chicken feed yankee87 Sep 2022 #4
Exactly what I was thinking. Farmer-Rick Sep 2022 #7
Shithole governor...shithole problems The Unmitigated Gall Sep 2022 #5
Ted Cruz - Tough as Texas... on the road again keithbvadu2 Sep 2022 #11
Huge gas companies get $1 million dollar fines. Wow! That's like me getting a $20. parking ticket. patphil Sep 2022 #9
"California is now unable to perform even basic functions of civilization, like having reliable elec keithbvadu2 Sep 2022 #10

TexasTowelie

(112,491 posts)
1. The odds of the Texas Railroad Commission levying a $1 million fine
Sat Sep 3, 2022, 04:43 PM
Sep 2022

are nearly zero. The TRC is in the pockets of those that they "regulate."

yankee87

(2,181 posts)
4. 1 million is chicken feed
Sat Sep 3, 2022, 04:45 PM
Sep 2022

Even if they ever get a million dollar fine, it’s still a drop in the bucket. That is probably a rounding error on their books.

The Unmitigated Gall

(3,836 posts)
5. Shithole governor...shithole problems
Sat Sep 3, 2022, 04:47 PM
Sep 2022

I wonder where Shithole Senator will head out to this time?

But yes, a tarp should fix it.

patphil

(6,225 posts)
9. Huge gas companies get $1 million dollar fines. Wow! That's like me getting a $20. parking ticket.
Sat Sep 3, 2022, 05:11 PM
Sep 2022

I think there's a couple "0"'s missing after the "1".

And what is a Railroad Commission doing regulating the energy sector of the economy? Couldn't Texas afford a dedicated Energy Commission?

keithbvadu2

(36,949 posts)
10. "California is now unable to perform even basic functions of civilization, like having reliable elec
Sat Sep 3, 2022, 05:47 PM
Sep 2022

“California is now unable to perform even basic functions of civilization, like having reliable electricity,” Cruz wrote back then.



https://www.democraticunderground.com/1017641262
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