Texas Winter Storm 2021. Impact of Export Ban on Natural Gas.

What’s happening? During the power outages in Texas last week, Governor Abbott declared a statewide emergency that led to an order prohibiting oil and gas companies from exporting natural gas. Priority of natural gas was given to residents and facilities in Texas.

Why is this important? 60% of Mexico’s power generation relies on Texas natural gas supply.

How will this be important? “The Electric Reliability Council of Texas, known as ERCOT, that oversees most of the state’s electrical power grid, also did not have an actual number of power generation plants forced offline due to insufficient natural gas.  ” One of the big questions Texas officials will resolve.

WFAA | Abbott’s natural gas export ban causes energy crisis across the border in Mexico