A winter weather puzzle is raising the risk of meteoric energy inflation
A winter weather puzzle is raising the risk of meteoric energy inflation
A winter forecasting enigma is poised to send prices for energy and food on a bumpy ride in the next few months, with commodities from natural gas to wheat at risk of breakneck gains against a backdrop of geopolitical turmoil.
Earlier in the year, meteorologists expected this December, January and February to be dominated by the La Niña climate pattern, which influences the world’s weather in specific ways. But La Niña has yet to arrive, and if it does, it will probably be weak. That makes the outlook for the northern hemisphere’s winter much more uncertain.
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