Summary
A winter storm affecting two-thirds of the U.S. could significantly reduce the nation's natural gas storage due to increased heating demand and potential disruptions in gas production. The storm is expected to impact electricity and gas supplies, potentially leading to extended power outages in affected areas. Experts advise people in the storm's path to prepare for possible power interruptions.
Key Facts
- Two-thirds of the United States is under some form of winter weather alert.
- Increased demand for heating could significantly deplete natural gas reserves.
- Natural gas is the primary heating fuel in the U.S. and a major source of electricity.
- Gas futures prices have surged over 70%, marking the largest weekly increase since 1990.
- Storm-related cold could disrupt gas production by causing pipelines to freeze.
- The storm may lead to long-duration power outages, affecting heating availability.
- Below-freezing temperatures and freezing rain threaten the U.S. South with ice and further outages.
