Former Shell Oil President John Hofmeister, who lives in Houston, argues 'the generators have no financial incentive to prepare for this kind of issue' and so people 'suffer.' Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/

Read More

More in category

FAA Orders Inspections of Some Boeing 777 Engines
February 24, 2021Bloomberg
FAA Orders Inspections of Some Boeing 777 Engines
Nuveen's Doll: 2021 Will Be Best Year for Economy in 36 Years
February 24, 2021Bloomberg
Nuveen's Doll: 2021 Will Be Best Year for Economy in 36 Years
Qantas Sees International Travel Restarting in October: CEO
February 24, 2021Bloomberg
Qantas Sees International Travel Restarting in October: CEO
We Need a Digital Dollar to Counter China, Says Rep. McHenry
February 24, 2021Bloomberg
We Need a Digital Dollar to Counter China, Says Rep. McHenry
Fed Restoring Services After Interbank Payment System Outage
February 24, 2021Bloomberg
Fed Restoring Services After Interbank Payment System Outage
U.S. on Path to Accelerated Recovery, Says JPMorgan's Michele
February 24, 2021Bloomberg
U.S. on Path to Accelerated Recovery, Says JPMorgan's Michele
Bitcoin May Be Alternative to Gold, Not to Currency: Bridgewater
February 24, 2021Bloomberg
Bitcoin May Be Alternative to Gold, Not to Currency: Bridgewater
S&P Likely Not in a Bubble Overall, Bridgewater’s Paterson Says
February 24, 2021Bloomberg
S&P Likely Not in a Bubble Overall, Bridgewater’s Paterson Says
Bonds Are ‘Almost Uninvestable,’ Says CCLA CIO Bevan
February 24, 2021Bloomberg
Bonds Are ‘Almost Uninvestable,’ Says CCLA CIO Bevan
NIO Capital’s Zhu on Autonomous Driving in China, Competition
February 24, 2021Bloomberg
NIO Capital’s Zhu on Autonomous Driving in China, Competition
Trade Needs Reciprocity: MEP Simon on EU Trade Strategy
February 24, 2021Bloomberg
Trade Needs Reciprocity: MEP Simon on EU Trade Strategy
Favor EM Over U.S. Equities, Eastspring Investments' Gupta Says
February 24, 2021Bloomberg
Favor EM Over U.S. Equities, Eastspring Investments' Gupta Says
Making Sense of India’s Markets
February 24, 2021Bloomberg
Making Sense of India’s Markets
EU Vaccines Speed Up After Stumbling Out of the Gates
February 24, 2021Bloomberg
EU Vaccines Speed Up After Stumbling Out of the Gates
Closing the Boardroom Gender Gap
February 23, 2021Bloomberg
Closing the Boardroom Gender Gap
China Eyes Overhaul to Hong Kong Elections
February 23, 2021Bloomberg
China Eyes Overhaul to Hong Kong Elections
500,000 Are Dead From Covid-19 in U.S.
February 23, 2021Bloomberg
500,000 Are Dead From Covid-19 in U.S.
Tiger Woods Hurt in California Single-Car Crash
February 23, 2021Bloomberg
Tiger Woods Hurt in California Single-Car Crash
Starboard 'Might' Do Another SPAC Deal, CEO Jeff Smith Says
February 23, 2021Bloomberg
Starboard 'Might' Do Another SPAC Deal, CEO Jeff Smith Says
Lower Rates Don't Always Equal High Equity Multiples: Chadha
February 23, 2021Bloomberg
Lower Rates Don't Always Equal High Equity Multiples: Chadha
Fed Looking Very Carefully at Issuing a Digital Dollar: Powell
February 23, 2021Bloomberg
Fed Looking Very Carefully at Issuing a Digital Dollar: Powell