Concerned about fluctuating energy prices during winters and summers? Worried about crop losses during crucial growing seasons? Understanding the impact of disruptive weather is essential to managing energy and food commodity price volatility. More than 20% of our economy is directly affected by the weather (source: U.S. Dept. of Commerce).
The energy and agriculture sectors are particularly vulnerable to losses resulting from heat waves, droughts, flooding, and periods of unusually cold weather. An exceptionally warm winter, when people need less to heat their homes, leaves energy companies and utilities with excess supplies of natural gas and oil.
The energy and agriculture sectors are particularly vulnerable to losses resulting from heat waves, droughts, flooding, and periods of unusually cold weather. An exceptionally warm winter, when people need less to heat their homes, leaves energy companies and utilities with excess supplies of natural gas and oil.
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