US Declares Energy Emergency as Cold Snap Hits Northeast [Yahoo! Finance]
Energy Transfer LP Common Units (ET)
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Source: Yahoo! Finance
storage facilities in the region threatened to disrupt deliveries during a severe cold snap. The US Department of Transportation issued a declaration, effective Dec. 12, waiving regulations on how long drivers can be at the wheel without rest as they distribute propane to thousands of customers in New York, New Jersey, Delaware and Pennsylvania. The governors of New Jersey and Pennsylvania already had waived state-level trucking restrictions, a common response to regional issues affecting the transport of commodities. Most Read from Bloomberg Can Netflix Help Save the American Mall? A Train Grows in Brooklyn Extreme Weather Plunges Brazil's Largest City Into Darkness Hudson Tunnel Digging Work to Start as Boring Machines Ready The federal declaration will remain in effect until the end of the emergency or midnight Dec. 26. A prolonged disruption to heating fuel distribution could put pressure on prices, especially during peak winter demand months. The issue stems from
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