# What we’ve learned from the Texas freeze

> Financial Times newsletter on the aftermath of the Texas freeze, noting Macquarie expects higher profits from gas shipping and asking whether the oil price rally will run out of steam. It also notes shale producers are considering a production boost once prices allow.

- Date: 2021-02-23 · published 2021-02-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48809-what-we-ve-learned-from-the-texas-freeze
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expected shale output growth would add supply and could cap crude prices later in 2021, which weakens the energy-cost support for feed and freight.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- ft.com: https://www.ft.com/content/977f3ed2-bcbe-4517-a14f-80893f7ebf97?syn-25a6b1a6=1

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.