Northeast Storm Triggers NYC Travel Ban as Gas Prices Rally
A powerful late-winter storm slammed the U.S. Northeast, bringing heavy snow, winds up to 70 mph and coastal flooding that could affect about 35 million people. New York City declared a local state of emergency, imposed a citywide travel ban for non-emergency vehicles, and schools planned a snow day as outages and flight cancellations spread. Natural gas futures rose more than 3% to about $3.14/MMBtu amid the disruption, with utilities reporting outages across several states and airlines waiving fees for many flights.