US Power Prices Surge Ahead of Storm

The video discusses the high electricity demand in the US, setting a winter record of 76 gigawatts, and its impact on wholesale power prices, particularly in Texas. It reassures that a repeat of the 2021 Texas storm is unlikely. The video also examines US natural gas output, highlighting significant drops since 2021 and their potential impact on global LNG supplies due to suspended operations at major US LNG facilities.

What was the record demand for electricity in the US during the morning hours mentioned in the text?

How does the current electricity demand compare to the expected demand for the following week?

What are the authorities saying about the potential for a repeat of the 2021 storm in Texas?

What were the three biggest drops in US natural gas output mentioned in the text?

How might the suspension of operations at US LNG facilities impact global LNG supplies?