ET 13:23

US Winter Storm Threatens Power Outages, Travel Disruptions Across Northeast and Texas

IMP7.0
SNT-1.0
CONF80%
Macro

A winter storm spanning from the Southern Rockies to New England is expected to disrupt travel and threaten blackouts as freezing rain and snow arrive in Texas by Friday evening. The storm will move toward the Northeast, prompting emergency declarations by Texas and New York governors. Over 1,700 flights were canceled for Saturday, with Dallas Fort Worth International Airport experiencing significant disruptions. Electricity prices in the Ercot region reached $1,000 per megawatt-hour over the weekend, while natural gas prices surged over 70% ahead of the storm. PJM Interconnection, serving 13 states, prepared cautiously, asking generators to pause maintenance before the storm hits. Natural gas prices spiked, reaching $100 on Enbridge’s system and $75 on Williams Co.’s Transco pipelines.

EditorWong Mei Ling