All articles tagged with #doe emergency orders
Natural gas futures for February delivery jumped about 18% to $6.21 per MMBtu, a new 52‑week high and the first time above $6 since Dec. 2022, as Winter Storm Fern provoked widespread outages, flight cancellations and extreme cold across much of the U.S.; the DOE issued emergency orders to stabilize grids amid continued disruption.
A massive winter storm named Fern swept across two-thirds of the United States, causing more than 670,000 power outages and nearly 10,000 flight cancellations as frigid temperatures and ice threaten the Southeast to the Great Plains; federal and state authorities declared emergencies in multiple states, and the Department of Energy ordered backup resources for Texas and the mid-Atlantic grid to avert further blackouts, while airlines adjusted schedules and residents were urged to stock up and stay warm.