Winter storm continues to hammer businesses - News Summed Up

Winter storm continues to hammer businesses


The storm also forced hundreds of businesses large and small to close their doors. While some businesses have been able to resume operations, many other face days more before they'll be able to return to normal. Oil and gas production were particularly hard-hit by the storm, which closed refineries and other operations in the Permian Basin, the fracking capital of the United States . Most homes and businesses in Midland, Texas, in the heart of the basin, were still without power Wednesday afternoon. Plants in Texas operated by GM and Toyota remained closed Wednesday, as did a GM plant in Fort Wayne, Indiana.


Source: CNN February 17, 2021 23:37 UTC



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