The northeast of the United States is facing its worst March snowstorm since 1993, with heavy snowfall in New England and the country’s Middle Atlantic region. This has boosted regional gas prices and will increase price volatility over the coming weeks as forecasts suggest the cold weather will continue.
The region is being affected by a Nor’easter – a large cyclone – that has forced multiple states to declare an emergency. Weather forecasts suggest a 55% chance of below-average temperatures in New England and the Middle...
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