Commodities

Texas Refineries Prepare for First Winter Storm, Frigid January

Texas refineries are bracing for an onslaught of cold, snow and freezing rain as the US South’s first major winter storm sweeps in during what’s projected to be a frigid month.

While temperatures in the upcoming storm aren’t expected to hold below freezing for long, the Commodity Weather Group forecasts January will likely be the coldest in 11 years, according to heating degree days value, a way to measure weather-driven energy demand.