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Texas Desperate For Out-Of-State Plumbers Amid Broken Water Pipe Chaos

by Tyler Durden
Friday, Feb 26, 2021 - 11:20 AM
Since the deep freeze and two winter storms rolled through Texas earlier this month, disrupting power grids and knocking out power and heat to millions, homeowners and businesses have been swamped with broken pipes with the urgent need for plumbers.
The Arctic blast swept through the state cut power to millions of customers, with estimates of 15 million people had no electricity for days as temperatures were well below freezing. Across much of the state, some homes and businesses were not properly winterized for cold weather, experienced broken water pipes and valves that caused immense damage. ....

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AccuWeather Expects $50 Billion In Economic Damage After Winter Storms Pound US

AccuWeather Expects $50 Billion In Economic Damage After Winter Storms Pound US
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Google Trends Reveals The Catastrophe On The Ground In Texas

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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18Feb2021 Midday Update: Wall Street Opened Sharply Lower On Mixed Financial Numbers, DOW At 11:30 ET -230 Points, Nasdaq Down -1.3%, Jobless Benefit Claims Climb To 861,000 And Show US Layoffs Still Severe

Texas freeze causes largest ever US production decline (SPY -0.8%). Lumber futures hit record high $1000. Biggest movers: Walmart, Hormel Foods, Marriott.
Here is the current market situation from CNN Money
North and South American markets are mixed. The Bovespa is higher by 0.03%, while the S&P 500 is leading the IPC lower. They are down 0.88% and 0.74% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Texas Governor Bans Natural Gas Exports
Texas Governor Greg Abbott has banned the exports of natural gas until normal power supply is restored, Reuters reports, citing a statement by the governor. The export ban is in effect until Sunday, with Abbott noting, That will also increase the power thats going to be produced and sent to homes here in Texas. What social media users are calling the Texas freeze wreaked havoc on the Texas grid and its energy industry as wellheads and production pads have not been insulated against ....

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"Disasters Within Disaster" - Death Toll Rises To 30 As Texas Energy Crisis Hits Sixth Day

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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