Javier Blas and Sheela Tobben

Business, Fuel

Arctic Blast Cuts US Oil Output by 2 Million Barrels a Day

Pump jacks operate in the Permian Basin in Midland, Texas, Feb. 13, 2021. (Matthew Busch/Bloomberg News) Pump jacks operate in the Permian Basin in Midland, Texas, Feb. 13. (Matthew Busch/Bloomberg News)

U.S. oil production has plunged by more than 2 million barrels a day as the coldest weather in 30 years brings havoc to key producing states that rarely have to deal with frigid Arctic blasts.

February 16, 2021