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California storm leaves over 120,000 still without power

Tuesday, January 10, 2023
California storm leaves over 120,000 still without power © Reuters. FILE PHOTO: A tree blocks a roadway after it fell in high winds during a winter storm in West Sacramento, California, U.S. January 8, 2023. REUTERS/Fred Greaves/File Photo
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(Reuters) - More than 120,000 homes and businesses were still without power in California early on Monday, according to data from PowerOutage.us, after a massive storm last week that disrupted road travel with flash floods, rock slides and toppled trees.

At least 12 fatalities have been reported from weather-related incidents in California in the past 10 days, Governor Gavin Newsom told a news conference.

Forecasters with the National Weather Service warned that northern and central California were still in the path of a "relentless parade of cyclones", promising little relief for the region until the middle of the week.

In the last week, severe weather spawned violent wind gusts that toppled trucks, flooded the streets of small towns along northern California's coast and churned up a storm surge that destroyed a pier in Santa Cruz.

According to PowerOutage.us, the utility with the most outages was Pacific Gas and Electric Co (PG&E (NYSE:PCG)) with over 73,000 customers without power, followed by Sacramento Municipal Utility District at 50,000.

PG&E is a unit of California energy company PG&E Corp.

"More than 4,100 crews along with resources are staged throughout our service area, including regions most impacted by the storms," PG&E said on its website on Sunday.

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07-12-2023 12:06:31 (UTC+7)

EUR/USD

1.0762

0.0000 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

EUR/USD

1.0762

0.0000 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

GBP/USD

1.2550

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (9)

Sell (0)

USD/JPY

146.65

-0.67 (-0.45%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

AUD/USD

0.6531

-0.0018 (-0.27%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (0)

USD/CAD

1.3603

+0.0011 (+0.08%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (7)

EUR/JPY

157.82

-0.74 (-0.47%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (10)

EUR/CHF

0.9422

+0.0005 (+0.05%)

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Moving Avg:

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Sell (9)

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Buy (3)

Sell (6)

Gold Futures

2,043.50

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Sell (12)

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24.148

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3.7557

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69.79

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74.72

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Sell (11)

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Sell (6)

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Sell (12)

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Sell (5)

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16,265.00

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Moving Avg:

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1,852.05

-3.99 (-0.21%)

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Sell (7)

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10,258.10

+19.70 (+0.19%)

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Buy (0)

Sell (6)

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44.440

+0.840 (+1.93%)

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Summary

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Moving Avg:

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    EUR/USD 1.0762 ↑ Buy  
    GBP/USD 1.2550 ↑ Sell  
    USD/JPY 146.65 ↑ Sell  
    AUD/USD 0.6531 Buy  
    USD/CAD 1.3603 ↑ Sell  
    EUR/JPY 157.82 ↑ Sell  
    EUR/CHF 0.9422 ↑ Sell  
    Gold 2,043.50 ↑ Sell  
    Silver 24.148 Neutral  
    Copper 3.7557 ↑ Buy  
    Crude Oil WTI 69.79 Neutral  
    Brent Oil 74.72 ↑ Buy  
    Natural Gas 2.554 ↑ Sell  
    US Coffee C 175.85 ↑ Buy  
    Euro Stoxx 50 4,483.75 ↑ Sell  
    S&P 500 4,549.34 Sell  
    DAX 16,656.44 ↑ Sell  
    FTSE 100 7,515.38 ↑ Sell  
    Hang Seng 16,265.00 ↑ Buy  
    Small Cap 2000 1,852.05 ↑ Sell  
    IBEX 35 10,258.10 ↑ Sell  
    BASF 44.440 ↑ Buy  
    Bayer 32.39 ↑ Buy  
    Allianz 240.95 Buy  
    Adidas 197.00 ↑ Sell  
    Lufthansa 8.585 Sell  
    Siemens AG 160.92 Neutral  
    Deutsche Bank AG 11.670 Buy  
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