Correction, Aug. 30, 2022: A previous version of this story incorrectly stated the fines that some natural gas companies face if they violate new state rules on preparing their facilities for extreme weather events. The maximum fine is $1 million, not $5,000. The story also incorrectly stated what percentage of power outages during the winter storm were due to problems related to natural gas. Natural gas issues comprised 87% of unplanned outages related to fuel issues, not 87% of all unplanned outages.
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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.
