How Hurricane Irma Will Impact Commodities

The video discusses the impact of hurricanes on commodity prices, focusing on gas. Hurricane Harvey affected both supply and demand due to refinery outages and power outages. In contrast, Hurricane Irma is expected to primarily impact demand, especially in Florida, a major gas importer. The video also highlights the risks posed by Irma, a Category 5 storm, and the potential for further impact from Hurricane Jose. The discussion emphasizes the difficulty in predicting the effects of multiple storms on energy infrastructure and exports.

What factors contributed to the increase in gas prices during Hurricane Harvey?

How did Hurricane Irma's expected path affect gas demand in Florida?

Discuss the significance of the meteorologists' descriptions of Hurricane Irma.

What are the potential impacts of Hurricane Irma on energy infrastructure?

What challenges arise in predicting the effects of multiple storms on energy markets?