# Oil And Gas Run Low As East Coast Sees Record Snowfall | OilPrice.com

> Northeast power plants that burn oil scrambled to secure supplies as record cold and snowfall hit the East Coast, with oil imports to the region jumping nearly 60% in a week. Cold also cut North Dakota Bakken gas output and raised gas demand for heating.

- Date: 2018-01-05 · published 2018-01-05T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/7025-oil-and-gas-run-low-as-east-coast-sees-record-snowfall-oilprice-com
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Surging distillate and residual oil demand for heating and power tightens East Coast fuel supply and supports diesel and crude prices. Lower Bakken output also tightens gas supply during peak demand.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-01-23 | [US energy sector braces for winter storm as crude and natural gas output fall \| Reuters](https://feedsoft.ai/events/4761-us-energy-sector-braces-for-winter-storm-as-crude-and-natural-gas-output-fall.md) | +8.1% | +12.1% |
| DIESEL | 2026-01-27 | [Marine Gasoil on East Coast Surges as Frigid Weather Pressures Diesel Market Higher - OPIS, A Dow Jones Company](https://feedsoft.ai/events/21250-marine-gasoil-on-east-coast-surges-as-frigid-weather-pressures-diesel-market.md) | -4.8% | +12.0% |
| DIESEL | 2022-12-23 | [Storm cuts U.S. oil, gas, power output, sending prices higher](https://feedsoft.ai/events/38414-storm-cuts-u-s-oil-gas-power-output-sending-prices-higher.md) | +6.4% | +10.3% |
| DIESEL | 2021-02-15 | [Higher diesel prices likely as freeze shuts down Gulf Coast refineries - FreightWaves](https://feedsoft.ai/events/48826-higher-diesel-prices-likely-as-freeze-shuts-down-gulf-coast-refineries.md) | +4.9% | +9.7% |
| DIESEL | 2021-08-27 | [US Gulf Coast refined product prices ahead of Hurricane Ida \| S&P Global](https://feedsoft.ai/events/45746-us-gulf-coast-refined-product-prices-ahead-of-hurricane-ida-s-and-p-global.md) | +4.0% | +9.0% |
| WTI | 2024-11-11 | [U.S. Natural Gas Prices Jump Over 10% After Hurricane Rafael Hits \| OilPrice.com](https://feedsoft.ai/events/7028-u-s-natural-gas-prices-jump-over-10-after-hurricane-rafael-hits-oilprice-com.md) | -4.8% | -2.9% |
| WTI | 2021-02-12 | [Record cold brings a windfall for small U.S. natural gas producers](https://feedsoft.ai/events/5581-record-cold-brings-a-windfall-for-small-u-s-natural-gas-producers.md) | +1.6% | +12.7% |
| WTI | 2026-01-23 | [US energy sector braces for winter storm as crude and natural gas output fall \| Reuters](https://feedsoft.ai/events/4761-us-energy-sector-braces-for-winter-storm-as-crude-and-natural-gas-output-fall.md) | +9.6% | +12.3% |

## Sources

- oilprice.com: https://oilprice.com/Latest-Energy-News/World-News/Oil-And-Gas-Run-Low-As-East-Coast-Sees-Record-Snowfall.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.