Wind power is important in Texas- ice stops the blades from turning- so they need to use more gas.
Interestingly, Brent has been outperforming WTI the last day or two- they seem less synchronised.
And did you note that Biden has stopped the previously announced March auction in the Gulf of Mexico- federal waters. And the ban may be indefinite. Just pause and take that in.
IMHO DYOR
