Report: Texas Energy Costs Could Spike $1.5B with Consumers Footing the Bill [LISTEN]

Texas (WBAP/KLIF) – Changes to how ERCOT manages the grid post-Winter Storm Uri could add $1.5 billion to customer bills this year. That, from Carrie Bivens, VP at Potomac Economics, the state appointed market monitor overseeing ERCOT. Biven’s told a state House panel that. “It isnt’ clear if the higher costs are justified.” She said,…MORE

American Airlines Posts First Post Pandemic Aid Profit

(WBAP/KLIF) — One North Texas airline achieves it’s first profit without COVID aid. American Airlines is reporting a $476 million profit for the second quarter as summer travelers pack planes. It was American’s first profit without government pandemic aid in the COVID-19 era. American said, Thursday, that it achieved record revenue of more than $13…MORE