ERCOT vs Heatwave: Power Demand to Hit Record High

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Lone Star Stories

ERCOT Predicts Record-Breaking Electric Demand Amid High Heat

The Electric Reliability Council of Texas anticipates record-breaking electricity usage due to extreme heat. However, previous forecasts have been off due to power outages and energy conservation efforts. Despite a decline in gas output in June, hotter weather forecasts suggest an increase in gas demand.

Cox Operating's Bankruptcy: Local Suppliers Left High and Dry

Louisiana oil company Cox Operating LLC files for bankruptcy, citing the pandemic, price wars, and hurricanes, endangering local suppliers with its $500 million liabilities. The future remains uncertain with failed debt restructuring and a court transfer to a more debtor-friendly Texas.

Reader Question of the Day

What is the difference between sour and sweet crude oil?

The difference between sour and sweet crude oil lies in their sulfur content. Sour crude contains hydrogen sulfide (H2S), whereas sweet oil does not. Typically, oil with an H2S content above 0.5% is considered sour. The names originated from an old technique of tasting oil to check if it contained H2S; oil without H2S has a slightly sweet taste. This method is no longer used due to safer and more accurate techniques. Hydrogen sulfide is a colorless, extremely toxic, and flammable gas that is soluble in oil and forms a weak acid when dissolved in water, capable of corroding metals. Because it's more difficult and costly to refine, sour oil is usually priced lower than sweet crude. The process of removing sulfur from oil before it can be turned into fuels and other light distillates adds to the complexity and hazards of processing and transporting sour crude oil.

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