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| US hits record for costly weather disasters: $306 billion Costs are adjusted for inflation and NOAA keeps track of billion-dollar weather disasters going back to 1980. Three of the five most expensive hurricanes in U.S. history hit last year. Hurricane Harvey, which caused massive flooding in Texas, cost $125 billion, second only to 2005's Katrina, while Maria's ...
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| As Bomb Cyclone Blew, Energy Prices Spiked, Then Returned To Earth Matt Smith, director of commodity research at ClipperData says that on New Year's Day, temperatures didn't go above 32 F, in 90 percent of the country. "That was fairly balmy compared to what happened with the Bomb Cyclone," Smith says. The price for U.S. benchmark natural gas initially increased 10 ...
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