A major winter storm has pummeled the US northeast, dropping 2 feet of snow in some areas and triggering widespread power outages. The severe weather has disrupted transportation networks across the region, with flights grounded at major airports and travel chaos expected to continue.

The storm's impact extends beyond transportation, with fuel prices rising as supply chains face disruption. Energy markets are watching closely as the weather system continues to dump snow on the region, potentially affecting heating oil and natural gas supplies. The timing is particularly sensitive as winter heating demand peaks.

Business operations across the northeast are severely affected, with many companies forced to close or operate remotely. The storm's economic impact could be significant, particularly for retail and service sectors already struggling with post-holiday slowdowns. Transportation and logistics companies face mounting costs from delays and cancellations.