Texas freezes over (while Ted Cruz flies to Cancún)

Started by The Larch, February 19, 2021, 06:33:20 AM

Previous topic - Next topic

Syt

https://profootballtalk.nbcsports.com/2021/02/17/texas-freeze-allows-jerry-jones-natural-gas-company-to-hit-jackpot/

QuoteTexas freeze allows Jerry Jones' natural gas company to "hit jackpot"

Posted by Charean Williams on February 17, 2021, 9:51 PM EST

As many as 4 million Texans have had no power during the historic winter weather experienced by the state this week. As of Wednesday night, 7 million in the state had water issues with either boil notices or no water at all.

Fingers are pointing. Pipes are bursting. Homes are flooding. Grocery store shelves are emptying. Gas pumps are drying. Nerves are fraying.

The Insurance Council of Texas said insurers are expecting the winter storm of 2021 to become the costliest weather event in the history of the state, topping Hurricane Harvey.

So how, you ask, does this relate to pro football? Glad you asked.

Cowboys owner Jerry Jones owns a Frisco-based natural gas producer that is cashing in on a surge in prices for the fuel, Bloomberg reports.

The billionaire owns Comstock Resources Inc., which has sold gas from its Haynesville Shale wells in East Texas and northern Louisiana at premium prices the past week. Demand has led to gas prices at some regional hubs to soar past $1,000 per million British thermal units, according to Bloomberg.

"This week is like hitting the jackpot with some of these incredible prices," Chief Financial Officer Roland Burns said on an earnings call Wednesday, via Bloomberg. "Frankly, we were able to sell at super premium prices for a material amount of production."


That seems good news for Jones, who, two years ago, had a total investment of $1.1 billion in Comstock. His oil and gas company has become the leading producer in one of the nation's largest natural gas basins.

Jones would make many in the state happy by using some of that money to sign quarterback Dak Prescott to a long-term deal sooner than later. He would even have enough money left over to upgrade to a better bottle of celebratory wine at Target.

I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.

Valmy

Quote from: Tyr on February 20, 2021, 05:08:53 AM
Did I read right here, texas' power grid isn't linked up to the rest of the US? :blink:

Yeah. 80% of our grid is not synchronous to the rest of the US. Quebec is the same way in Canada. So this failure us 100% our fault. Can't blame the Feds for this.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Valmy

El Paso is on the Western Interconnect and not connected to the rest of the state at all, even via a DC tie.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Darth Wagtaros

Quote from: Valmy on February 20, 2021, 01:29:53 PM
Quote from: Tyr on February 20, 2021, 05:08:53 AM
Did I read right here, texas' power grid isn't linked up to the rest of the US? :blink:

Yeah. 80% of our grid is not synchronous to the rest of the US. Quebec is the same way in Canada. So this failure us 100% our fault. Can't blame the Feds for this.
No, it is Biden, AOC, the EPA, and socialism at fault.
PDH!

Grey Fox

Is the Texas grid sync offset too? Ours is both physically disconnected and is a little offset, unless that changed,  from the standard 60hz.
Colonel Caliga is Awesome.

Tamas

Quote from: Grey Fox on February 20, 2021, 09:36:29 PM
Is the Texas grid sync offset too? Ours is both physically disconnected and is a little offset, unless that changed,  from the standard 60hz.

You are the Brits of Canada.  :D You just HAVE to do things differently.

Jacob

Quote from: Tamas on February 21, 2021, 02:10:55 AM
Quote from: Grey Fox on February 20, 2021, 09:36:29 PM
Is the Texas grid sync offset too? Ours is both physically disconnected and is a little offset, unless that changed,  from the standard 60hz.

You are the Brits of Canada.  :D You just HAVE to do things differently.

:unsure:

crazy canuck

Quote from: Jacob on February 21, 2021, 02:38:44 AM
Quote from: Tamas on February 21, 2021, 02:10:55 AM
Quote from: Grey Fox on February 20, 2021, 09:36:29 PM
Is the Texas grid sync offset too? Ours is both physically disconnected and is a little offset, unless that changed,  from the standard 60hz.

You are the Brits of Canada.  :D You just HAVE to do things differently.

:unsure:

:lol:

Tamas may want to change that to the Texans of Canada, but then what do we do with Alberta  :hmm:

Savonarola

Quote from: Caliga on February 19, 2021, 12:28:25 PM
One of my consultants is in Austin.  As of yesterday he still had no water, and every place he checked was out of bottled drinks, so he was starting to melt snow to drink.

This is some real fucking third world shit  :rolleyes:

If he's still having issues, Mozart's Coffee Roasters is offering up to 5 gallons of water (BYOC.)  (Or was as of yesterday, he might want to phone first.)
In Italy, for thirty years under the Borgias, they had warfare, terror, murder and bloodshed, but they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland, they had brotherly love, they had five hundred years of democracy and peace—and what did that produce? The cuckoo clock

Zanza

Quote from: Tamas on February 21, 2021, 02:10:55 AM
Quote from: Grey Fox on February 20, 2021, 09:36:29 PM
Is the Texas grid sync offset too? Ours is both physically disconnected and is a little offset, unless that changed,  from the standard 60hz.

You are the Brits of Canada.  :D You just HAVE to do things differently.
Britain is actually connected to continental grid and imports and exports power.

saskganesh

Quote from: Tamas on February 21, 2021, 02:10:55 AM
Quote from: Grey Fox on February 20, 2021, 09:36:29 PM
Is the Texas grid sync offset too? Ours is both physically disconnected and is a little offset, unless that changed,  from the standard 60hz.

You are the Brits of Canada.  :D You just HAVE to do things differently.

The weirdest analogy I have ever read about the Quebecois
humans were created in their own image

Grey Fox

Colonel Caliga is Awesome.

The Larch

Quote from: Grey Fox on February 21, 2021, 04:37:59 PM
The Brits do things differently from whom?

Almost the rest of the entire world, basically.  :P

In closer terms, Brits tend to not do anything the same way as Europeans, for instance. Say, from driving on the left side, not having IDs, having different electrick sockets to leaving the EU as an extreme thing to do.

Some countries do a few things differently (Ireland also drives on the left, the Scandinavians don't use the Euro...), but Brits do all those things differently.

Grey Fox

The Empire knows best. It's weird because here we do things differently from the Empire.
Colonel Caliga is Awesome.