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France hit by new wave of strikes against Macron’s pension reform

  • Reform would raise retirement age to 64
  • Schools, transport networks, refinery deliveries hit
  • Macron: Reform vital to ensure viability of pension system

SAINT-NAZAIRE, France, Jan 31 (Reuters) – Striking workers disrupted French refinery deliveries, public transport and schools on Tuesday in a second day of nationwide protests over President Emmanuel Macron’s plan to make people work longer before retirement.

Crowds marched through cities across France to denounce a reform that raises the retirement age by two years to 64 and which is a test of Macron’s ability to push through change now that he has lost his working majority in parliament.

On the rail networks, only one in every three high-speed TGV trains were operating and even fewer local and regional trains. Services on the Paris metro were thrown into disarray.

Buoyed by their success earlier in the month when more than a million people took to the streets, trade unions which have been battling to maintain their power and influence urged the public to turnout en masse.

“We won’t drive until we’re 64!” bus driver Isabelle Texier said at a protest in Saint-Nazaire on the Atlantic coast, adding that many careers involved tough working conditions.

Others felt resigned ahead of likely bargaining between Macron’s ruling alliance and conservative opponents who are more open to pension reform than the left.

“There’s no point in going on strike. This bill will be adopted in any case,” said 34-year-old Matthieu Jacquot, who works in the luxury sector.

Unions said half of primary school teachers had walked off the job. TotalEnergies (TTEF.PA) said 55% of its workers on morning shifts at its refineries had downed tools, a lower number than on Jan. 19. The hard-left CGT union said the figure was inaccurate.

For unions, the challenge will be maintaining a strike movement at a time when high inflation is eroding salaries.

At a local level, some announced “Robin Hood” operations unauthorised by the government. In the southwestern Lot-et-Garonne area, the local CGT trade union branch cut power to several speed cameras and disabled smart power meters.

“When there is such a massive opposition, it would be dangerous for the government not to listen,” said Mylene Jacquot, secretary general of the CFDT union’s civil servants branch.

Opinion polls show a substantial majority of the French oppose the reform, but Macron intends to stand his ground. The reform was “vital” to ensure the viability of the pension system, he said on Monday.

A street march in Paris takes place later in the day.

‘BRUTAL’

The pension system reform would yield an additional 17.7 billion euros ($19.18 billion) in annual pension contributions, according to Labour Ministry estimates.

Unions say there are other ways to raise revenue, such as taxing the super rich or asking employers or well-off pensioners to contribute more.

“This reform is unfair and brutal,” said Luc Farre, the secretary general of the civil servants’ UNSA union. “Moving (the pension age) to 64 is going backwards, socially.”

French power supply was down by 4.5% or 3 gigawatts (GW), as workers at nuclear reactors and thermal plants joined the strike, data from utility group EDF (EDF.PA) showed.

TotalEnergies said deliveries of petroleum products from its French sites had been halted because of the strike, but that customers’ needs were met.

The government made some concessions while drafting the legislation. Macron had originally wanted the retirement age to be set at 65, while the government is also promising a minimum pension of 1,200 euros a month.

Prime Minister Elisabeth Borne has said the 64 threshold is “non-negotiable”, but the government is exploring ways to offset some of the impact, particularly on women.

Hard-left opposition figure Jean-Luc Melenchon, a vocal critic of the reform, said parliament would on Monday debate a motion calling for a referendum on the matter.

“The French are not stupid,” he said at a march in Marseille. “If this reform is vital, it should be possible to convince the people.”

Reporting by Forrest Crellin, Benjamin Mallet, Sudip Kar-Gupta, Leigh Thomas, Blandine Henault, Michel Rose, Dominique Vidalon, Benoit Van Overstraeten; Writing by Ingrid Melander and Richard Lough; Editing by Janet Lawrence

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Peru bus plunges off cliff, killing at least 24

Jan 28 (Reuters) – At least 24 people died in northern Peru after a bus carrying 60 passengers plunged off a cliff in early on Saturday, police told local media.

Peru’s transportation supervisory agency (SUTRAN) confirmed the crash in a statement, without providing a number of fatalities or injuries.

Bodies of victims are transported on the back of a pick-up truck, after a bus carrying 60 passengers plunged off a cliff, in the district of El Alto, Peru January 28, 2023. Piura Government/Handout via REUTERS

The tragedy, involving a bus for the company Q’Orianka Tours Aguila Dorada, occurred in the district of El Alto in the far north of Peru, SUTRAN said.

SUTRAN said early investigations showed the bus appeared to have an up-to-date safety inspection and accident insurance.

Road accidents are relatively common in Peru, with many drivers operating vehicles on precarious roads and without proper training. In 2021, 29 people died when a bus plunged off a highway in the Andes mountains.

Reporting by Brendan O’Boyle; Editing by Cynthia Osterman

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Pakistan begins restoring power after second major grid breakdown in months

ISLAMABAD, Jan 23 (Reuters) – Pakistan’s government began restoring power to millions of people on Monday after a breakdown in the grid triggered the worst electricity outage in months and highlighted the weak infrastructure of the heavily indebted nation.

An inquiry has been launched into the outage, which began at around 7:00 a.m. local time (0200 GMT) and has so far lasted more than 12 hours during the peak winter season.

As evening drew on and homes were without electricity in the dark, Energy Minister Khurram Dastgir wrote on Twitter that authorities had started restoring power across the country.

Dastgir had told reporters earlier: “We have faced some hurdles but we will overcome these hurdles, and will restore the power.”

The outage, which the minister had said was due to a voltage surge, is the second major grid failure in three months, and adds to the blackouts that Pakistan’s nearly 220 million people suffer on an almost-daily basis.

Power was beginning to return in parts of the capital Islamabad and the southwest province of Balochistan, said Dastgir.

Pakistan’s largest city and economic hub Karachi is likely to see electricity restored in the next three to four hours, a spokesperson for K-Electric Ltd (KELE.PSX), the southern city’s power provider, said.

Analysts and officials blame the power problems on an ageing electricity network, which like much of the national infrastructure, desperately needs an upgrade that the government says it can ill afford.

The International Monetary Fund has bailed out Pakistan five times in the last two decades. Its latest bailout tranche, however, is stuck due to differences with the government over a programme review that should have been completed in November.

Pakistan has enough installed power capacity to meet demand, but it lacks resources to run its oil-and-gas powered plants. The sector is so heavily in debt that it cannot afford to invest in infrastructure and power lines. China has invested in its power sector as part of a $60 billion infrastructure scheme that feeds into Beijing’s “Belt and Road” initiative.

“We have been adding capacity, but we have been doing so without improving transmission infrastructure,” said Fahad Rauf, head of research at Karachi brokerage Ismail Iqbal Industries.

The outage occurred on a winter’s day where temperatures are forecast to fall to around 4 degrees Celsius (39°F) in Islamabad and 8 degrees Celsius (46°F) in Karachi.

Many people also have no running water due to a lack of power for the pumps.

Earlier, Dastgir told Reuters the grid should be fully functioning by 10:00 p.m. (1700 GMT).

The outage hit Internet and mobile phone services. Several companies and hospitals said they had switched to back-up generators, but disruptions continued across the board.

Reporting by Asif Shahazad, Ariba Shahid and Gibran Naiyyar Peshimam, additional reporting by Jibran Ahmad in Peshawar and Mubasher Bukhari in Lahore and Charlotte Greenfield in Kabul; writing by Shilpa Jamkhandikar, Miral Fahmy and Shivam Patel; editing by Sudipto Ganguly, Simon Cameron-Moore and Bernadette Baum

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UK’s National Grid to pay people to use less power amid cold snap

LONDON, Jan 23 (Reuters) – Britain’s National Grid (NG.L) said it would pay customers to use less power on Monday evening and that it had asked for three coal-powered generators to be warmed up in case they are needed as the country faces a snap of cold weather.

The group said that it would activate a new scheme called the Demand Flexibility Service where customers get incentives if they agree to use less power during crunch periods.

The service, which has been trialled but not run in a live situation before, would run from 5 p.m. to 6 p.m. on Monday, it said, adding that the move did not mean electricity supplies were at risk and advised people not to worry.

The measures were announced in order to “ensure that everyone gets the electricity they need,” Craig Dyke, Head of National Control at National Grid ESO, told BBC Radio on Monday, adding that 26 suppliers had signed up for the scheme.

Below freezing temperatures have been recorded across much of the UK in recent days with the national weather service, the Met Office, last week issuing severe weather warnings for snow and ice.

National Grid’s Dyke said consumers could make small changes to make money by reducing their energy usage, such as delaying cooking or putting on the washing machine until after 6 p.m.

National Grid said in December that over a million British households had signed up to the scheme, which is one of its strategies to help prevent power cuts.

The announcement about the coal-powered generators did not mean they would definitely be used, it said in a separate statement.

Coal-powered generators were last put on stand-by in December when temperatures dropped and demand for energy rose, but they were not needed on that occasion.

Reporting by William Schomberg and Muvija M in London, and Sneha Bhowmik in Bengaluru; editing by Tomasz Janowski, Andrew Heavens, Kirsten Donovan

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One dead, 57 injured in accident on Mexico City metro

MEXICO CITY, Jan 7 (Reuters) – At least one person was killed and 57 were injured in a train collision on Mexico City’s metro early on Saturday, local authorities said.

The person killed in the morning accident was a young woman, city security head Omar Garcia told local media Grupo Milenio.

Garcia shared an updated list of the injured later on Saturday, and the city’s mayor, Claudia Sheinbaum, said on Twitter that she was at the site.

Four others who were trapped on one wagon on Line 3 were rescued and are in good health, Garcia said earlier.

A variety of accidents have taken place on the metro in recent years. The most serious was the May 2021 collapse of a rail overpass on Line 12 that killed 26 people and injured more than 60.

Maintenance shortcomings were identified as one of that accident’s causes.

Reporting by Lizbeth Diaz in Mexico City;
Writing by Julia Symmes Cobb;
Editing by Leslie Adler

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Kosovo closes main border crossing after roadblock in Serbia

  • Merdare crossing most important for road freight
  • Serb president visits troops near border
  • Kremlin backs Serbia, denies Russia is stoking tensions

MERDARE, Kosovo, Dec 28 (Reuters) – Kosovo closed its biggest border crossing with Serbia on Wednesday after protesters blocked it on the Serbian side to support their ethnic kin in Kosovo in refusing to recognise the country’s independence.

Tensions between Belgrade and Pristina have been running high since last month when representatives of ethnic Serbs in the north of Kosovo left state institutions including the police and judiciary over the Kosovo government’s decision to replace Serbian issued car licence plates.

Kosovan Interior Minister Xhelal Svecla said on Tuesday Serbia, under the influence of Russia, was aiming to destabilise Kosovo. Serbia denies it is trying to destabilise its neighbour and says it just wants to protect its minority there.

The Kremlin on Wednesday also denied the Kosovan accusations but said it supported Belgrade. “Serbia is a sovereign country and it is absolutely wrong to look for Russia’s destructive influence here,” Kremlin spokesman Dmitry Peskov said.

For over 20 years, Kosovo has been a source of tension between the West which backed its independence and Russia which supports Serbia in its efforts to block the country’s membership in international organisations including United Nations.

Since Dec. 10, Serbs in northern Kosovo have exchanged fire with police and erected more than 10 roadblocks in and around Mitrovica. Their action followed the arrest of a former Serb policeman accused of assaulting serving police officers.

Serbia on Monday put its troops on highest alert. Late on Tuesday, Serbian President Aleksandar Vucic, who said Serbia was continuing to fight peace and seek a compromise, inspected the troops close to the border.

CROSSING BLOCKED

Serbs in Serbia used a truck and tractors on Tuesday to create the latest roadblock, close to the Merdare crossing on Kosovo’s eastern border, Belgrade-based media reported.

The government in Pristina has asked NATO’s peacekeeping force for the country, KFOR, to clear the barricades. But KFOR has no authority to act on Serbian soil.

Kosovo’s Foreign Ministry announced on its Facebook page the Merdare crossing had been closed since midnight, saying: “If you have already entered Serbia then you have to use other border crossings … or go through North Macedonia.”

The Merdare entry point is Kosovo’s most important for road freight, as well as complicating the journeys of Kosovars working elsewhere in Europe from returning home for holidays.

With two smaller crossings on the Serbian border in the north closed since Dec. 10, only three entry points between the two countries remain open.

Pristina main airport was also closed on Tuesday morning over a bomb threat, Kosovo police said in a statement. Police did not say if it was related to the recent tensions.

Serbian Defence Minister, Milos Vucevic, said Vucic was in talks with the so called Quint group of the United States, Italy, France, Germany and Britain about the current tensions can be resolved.

Around 50,000 Serbs living in ethnically divided northern Kosovo refuse to recognise the government in Pristina or the status of Kosovo as a country separate from Serbia. They have the support of many Serbs in Serbia and its government.

Albanian-majority Kosovo declared independence from Serbia in 2008 with the backing of the West, following a 1998-99 war in which NATO intervened to protect ethnic Albanian citizens.

Reporting by Fatos Bytyci; Editing by Bradley Perrett and Alison Williams

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Battery swapping spurs Kenya’s electric motorbike drive

  • Electric motorbike startups making inroads in Kenya
  • Say battery swapping saves drivers time, money
  • Planning to expand model to Tanzania, Uganda

NAIROBI, Dec 26 (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped up around Kenya’s capital Nairobi, allowing electric motorcyclists to exchange their low battery for a fully-charged one.

It is a sign of an electric motorcyle revolution starting to unfold in Kenya where combustion-engine motorbikes are a cheaper and quicker way to get around than cars but environmental experts say are 10 times more polluting.

East Africa’s biggest economy is betting on electric-powered motorcycles, its renewables-heavy power supply and position as a technology and start-up hub to lead the region’s shift to zero-emission electric mobility.

The battery swapping system not only saves time – essential for Kenya’s more than one million motorcyclists, most of whom use the bikes commercially – but also saves buyers money as many sellers follow a model in which they retain ownership of the battery, the bike’s most expensive part.

“It doesn’t make a lot of economic and business sense for them to acquire a battery…which would almost double the cost of the bike,” said Steve Juma, the co-founder of electric bike company Ecobodaa.

Ecobodaa has 50 test electric motorcyles on the road now and plans to have 1,000 by the end of 2023 which it sells for about $1,500 each – roughly the same price as combustion-engine bikes thanks to the exclusion of the battery from the cost.

After the initial purchase, the electric motorcyle – designed to be sturdy enough to traverse rocky roads – is cheaper to run than petrol-guzzling ones.

“With the normal bike, I will use fuel worth approximately 700-800 Kenyan shillings ($5.70-$6.51) each day, but with this bike, when I swap a battery I get one battery at 300 shillings,” said Kevin Macharia, 28, who transports goods and passengers around Nairobi.

EXPANSION PLANS

Ecobodaa is just one of several Nairobi-based electric motorcycle startups working to prove themselves in Kenya before eventually expanding in East Africa.

Kenya’s consistent power supply which is about 95% renewable led by hydroelectricity and has a widespread network, was a major support for growth of the sector, said Jo Hurst-Croft, founder of ARC Ride, another Nairobi-based electric motorcycle startup.

The country’s power utility estimates it generates enough to charge two million electric motorcycles a day: electricity access in the country is over 75%, according to the World Bank, and even higher in Nairobi.

Uganda and Tanzania also have robust and renewables-heavy grids that could support electric mobility, said Hurst-Croft.

“We’re putting over 200 swapping stations in Nairobi and expanding to Dar es Salaam and Kampala,” said Hurst-Croft.

($1 = 122.9000 Kenyan shillings)

Reporting by Ayenat Mersie; Editing by Emelia Sithole-Matarise

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Blizzard kills 13 in Buffalo, N.Y., area

Dec 25 (Reuters) – A lethal blizzard paralyzed Buffalo, New York, on Christmas Day, trapping motorists and rescue workers in their vehicles, leaving thousands of homes without power and raising the death toll from storms that have chilled much of the United States for days.

At least 30 people have died in U.S. weather-related incidents, according to an NBC News tally, since a deep freeze gripped most of the nation, coupled with snow, ice and howling winds from a sprawling storm that roared out of the Great Lakes region on Friday.

CNN has reported a total of 26 weather fatalities.

Much of the loss of life has centered in and around Buffalo at the edge of Lake Erie in western New York, as numbing cold and heavy “lake-effect” snow – the result of frigid air moving over warmer lake waters – persisted through the holiday weekend.

Erie County Executive Mark Poloncarz said the storm’s confirmed death toll climbed to 13 on Sunday, up from three reported overnight in the Buffalo region. The latest victims included some found in cars and some in snow banks, Poloncarz said, adding that the death tally would likely rise further.

“This is not the Christmas any of us hoped for nor expected,” Poloncarz said on Twitter on Sunday. “My deepest condolences to the families who have lost loved ones.”

New York Governor Kathy Hochul called it an “epic, once-in-a-lifetime” weather disaster that ranked as the fiercest winter storm to hit the greater Buffalo area since a crippling 1977 blizzard that killed nearly 30 people.

“We have now surpassed the scale of that storm, in its intensity, the longevity, the ferocity of its winds,” Hochul told an evening news conference, adding that the current storm would likely to go down in history as “the blizzard of ’22.”

RESCUING THE RESCUERS

The latest blizzard came nearly six weeks after a record-setting but shorter-lived lake-effect storm struck western New York.

Despite a ban on road travel imposed since Friday, hundreds of Erie County motorists were stranded in their vehicles over the weekend, with National Guard troops called in to help with rescues hindered by white-out conditions and drifting snow, Poloncarz said.

Many snow plows and other equipment sent on Saturday and Sunday became stuck in the snow, “and we had to send rescue missions to rescue the rescuers,” he told reporters.

The Buffalo police department posted an online plea to the public for assistance in search-and-recovery efforts, asking those who “have a snow mobile and are willing to help” to call a hotline for instructions.

The severity of the storm was notable even for a region accustomed to harsh winter weather.

Christina Klaffka, 39, a North Buffalo resident, watched the shingles blow off her neighbor’s home and listened to her windows rattle from “hurricane-like winds.” She lost power along with her whole neighborhood on Saturday evening, and was still without electricity on Sunday morning.

“My TV kept flickering while I was trying to watch the Buffalo Bills and Chicago Bears game. I lost power shortly after the 3rd quarter,” she said.

John Burns, 58, a retiree in North Buffalo, said he and his family were trapped in their house for 36 hours by the storm and extreme cold that he called “mean and nasty.”

“Nobody was out. Nobody was even walking their dogs,” he said. “Nothing was going on for two days.”

Snowfall totals were hard to gauge, he added, because of fierce winds that reduced accumulation between houses, but piled up a 5-foot (1.5-meter) drift “in front of my garage.”

Hochul told reporters on Sunday that the Biden administration had agreed to support her request for a federal disaster declaration.

About 200 National Guard troops were mobilized in western New York to help police and fire crews, conduct wellness checks and bring supplies to shelters, Hochul said.

ELECTRICITY HIT HARD

The larger storm system was moving east on Sunday, after knocking out power to as many as 1.5 million customers at the height of outages late last week and forcing thousands of commercial flight cancellations during the busy holiday travel period.

More than 150,000 U.S. homes and businesses were without power on Sunday, down sharply from the 1.8 million without power as of early Saturday, according to PowerOutage.us. In Buffalo, 15,000 residents were still without electricity on Sunday evening, Poloncarz said.

He said one electrical substation knocked offline was sealed off by an 18-foot-tall mound of snow, and utility crews found the entire facility frozen inside.

Christmas Day temperatures, while beginning to rebound from near-zero readings that were widespread on Saturday, remained well below average across the central and eastern United States, and below freezing even as far south as the Gulf Coast, National Weather Service (NWS) meteorologist Rich Otto said.

Nearly 4 feet of snow was measured at Buffalo airport by Sunday, according to the latest NWS tally, with white-out conditions lingering south of Buffalo into the afternoon as continuing squalls dumped 2-3 inches of snow an hour.

In Kentucky, officials confirmed three storm-related deaths since Friday, while at least four people were dead and several injured in auto-related accidents in Ohio, where a 50-vehicle pileup shut down the Ohio Turnpike during a blizzard on Friday.

Other deaths related to extreme cold or weather-induced vehicle accidents were reported in Missouri, Tennessee, Kansas and Colorado, according to news reports.

(The story has been refiled to remove extraneous word in headline)

Reporting by Gabriella Borter and Ahmed Aboulenein in Washington; Additional reporting by Lucia Mutikani, Idrees Ali, Ismail Shakil, Rick Cowan and ; Writing by Steve Gorman; editing by Ross Colvin, Diane Craft, Nick Zieminski, Leslie Adler, Gerry Doyle and Bradley Perrett

Our Standards: The Thomson Reuters Trust Principles.

Ahmed Aboulenein

Thomson Reuters

Washington-based correspondent covering U.S. healthcare and pharmaceutical policy with a focus on the Department of Health and Human Services and the agencies it oversees such as the Food and Drug Administration, previously based in Iraq and Egypt.

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Thousands lose power after three substations targeted in Washington state, sheriff says

Dec 25 (Reuters) – Thousands of residents were without power near Tacoma, Washington, after three electrical substations were vandalized, local authorities said on Sunday, adding that it was not yet clear if the Christmas Day incidents were linked.

The Pierce County Sheriff’s Department said robberies were reported at two substations belonging to Tacoma Public Utilities and another belonging to Puget Sound Energy. Deputies cited forced entry into the fenced-in area, with equipment vandalized but nothing taken from the sites, it said. More than 14,000 customers were affected.

“At this time deputies are conducting the initial investigation. We do not have any suspects in custody. It is unknown if there are any motives or if this was a coordinated attack on the power systems,” the department said in a statement on its website.

Earlier this month, a utility in North Carolina reported outages from what local authorities said were orchestrated shootings now being investigated by federal law enforcement.

The FBI has also been investigating shots fired near a power facility in South Carolina days later, and whether those two incidents could be related, NBC News and other local media have reported.

Utilities nationwide have been strained by a severe cold weather system that swept across the country this week, leaving more than 300,000 without power from the winter storm.

In east Piece County, about 2,700 people serviced by Tacoma Public Utilities remained affected midday on Sunday after an initial 7,300 residents lost power in the area, about 45 miles (72 km) south of Seattle, Tacoma Public Utilities said in a post on Twitter.

“We are working as quickly and safely as possible to restore power,” it said, noting that its substations “were attacked” earlier on Sunday morning and that the incidents were reported to police.

Representatives for Puget Sound Energy could not be immediately reached for comment.

Reporting by Susan Heavey; Editing by Leslie Adler

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Storm cuts U.S. oil, gas, power output, sending prices higher

Dec 23 (Reuters) – Frigid cold and blowing winds on Friday knocked out power and cut energy production across the United States, driving up heating and electricity prices as people prepared for holiday celebrations.

Winter Storm Elliott brought sub-freezing temperatures and extreme weather alerts to about two-thirds of the United States, with cold and snow in some areas to linger through the Christmas holiday.

More than 1.5 million homes and businesses lost power, oil refineries in Texas cut gasoline and diesel production on equipment failures, and heating and power prices surged on the losses. Oil and gas output from North Dakota to Texas suffered freeze-ins, cutting supplies.

Some 1.5 million barrels of daily refining capacity along the U.S. Gulf Coast was shut due to the bitterly cold temperatures. The production losses are not expected to last, but they have lifted fuel prices.

Knocked out were TotalEnergies (TTEF.PA), Motiva Enterprises (MOTIV.UL) and Marathon Petroleum (MPC.N) facilities outside Houston. Cold weather also disrupted Exxon Mobil (XOM.N), LyondellBasell (LYB.N) and Valero Energy (VLO.N) plants in Texas that produce gasoline, diesel and jet fuel.

Sempra Infrastructure’s Cameron LNG plant in Louisiana said weather disrupted its production of liquefied natural gas without providing details. Crews at the 12 million tonne-per-year facility were trying to restore output, it said.

Freeze-ins – in which ice crystals halt oil and gas production – this week trimmed production in North Dakota’s oilfields by 300,000 to 350,000 barrels per day, or a third of normal. In Texas’s Permian oilfield, the freeze led to more gas being withdrawn than was injected, said El Paso Natural Gas operator Kinder Morgan Inc. (KMI.N).

U.S. benchmark oil prices on Friday jumped 2.4% to $79.56, and next-day gas in west Texas jumped 22% to around $9 per million British thermal units , the highest since the state’s 2021 deep freeze.

Power prices on Texas’s grid also spiked to $3,700 per megawatt hour, prompting generators to add more power to the grid before prices fell back as thermal and solar supplies came online.

New England’s bulk power supplier said it expected to have enough to supply demand, but elsewhere strong winds led to outages largely in the Southeast and Midwest; North Carolina counted more than 187,000 without power.

“Crews are restoring power but high winds are making repairs challenging at most of the 4,600 outage locations,” Duke Energy spokesman Jeff Brooks wrote on Twitter.

Heating oil and natural gas futures rose sharply in response to the cold. U.S. heating oil futures gained 4.3% while natural gas futures rose 2.5%.

In New England, gas for Friday at the Algonquin hub soared 361% to a near 11-month high of $30 mmBtu.

About half of the power generated in New England comes from gas-fired plants, but on the coldest days, power generators shift to burn more oil. According to grid operator New England ISO, power companies’ generation mix was at 17% from oil-fired plants as of midday Friday.

Gas output dropped about 6.5 billion cubic feet per day (bcfd) over the past four days to a preliminary nine-month low of 92.4 bcfd on Friday as wells froze in Texas, Oklahoma, North Dakota, Pennsylvania and elsewhere.

That is the biggest drop in output since the February 2021 freeze knocked out power for millions in Texas.

One billion cubic feet is enough gas to supply about 5 million U.S. homes for a day.

Reporting by Erwin Seba and Scott DiSavino; additional reporting by Arathy Somasekhar and Laila Kearney; editing by Jonathan Oatis, Kirsten Donovan, Aurora Ellis and Leslie Adler

Our Standards: The Thomson Reuters Trust Principles.

Scott Disavino

Thomson Reuters

Covers the North American power and natural gas markets.

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