Texas Temperatures Soar Into 70s After Massive Freeze

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Texas Temperatures Soar Into 70s After Massive Freeze

© carrollmt / iStock via Getty Images

The deep freeze that hit Texas and then moved northeast and affected as many as 100 million Americans left millions of Texans without power and water. Declared a local emergency by President Biden, part of the state may not return to normal for weeks or even months. News reports claim that one of the largest utilities in the state was within hours of failing. A crippled The Electric Reliability Council of Texas (ERCOT) which supplies well over three-quarters of the state’s electricity was within hours of “collapsing”.

Temperatures in some of the largest Texas cities dropped to single digits which were close to century-old records. The same was true as parts of the state were hit with heavy snow. The temperature situation reversed itself within days. Temperatures in Houston will rise above 70 degrees today.

Cold weather was blamed for deaths across the state, although the final count may not emerge for days. According to The New York Times, “people died in their bedrooms, vehicles, and backyards”. In one such incident: “In Houston, an Ethiopian immigrant died in her idling car, which was parked in her garage, where she sat while charging her phone. She was talking to a friend when she started to feel tired.”

[nativounit]

Temperatures in the 70s in Houston in February are closer to the rule than the exception. High temperatures will be in the low 70s within hours. Based on a ten-year average from 2010 to 2019, the temperature in Houston for February runs from a high of 68 to a low of 50.

The National Weather Service forecast for Houston today reads “Warmer!!!!”. That is a wide contrast to a storm that brought a disaster to the region where people were killed, the electric grid failed, and tens of thousands of people are without electricity or water. At least, however, the cold that posed such a large potential danger to people and infrastructure has ended.

Click here to read Massive Storms Hit This Huge City The Hardest.

[wallst_email_signup]

 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618