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Heating Commodities
Part 1 of Paper ....d to shut down a pipeline due to the need for
repairs. This impending shortage led to the decrease in prices for other
heating commodities, as well as larger profits. The demand for energy was
becoming greater and greater because it was that time of year when consumers
began storing energy in their homes to prepare f.... Part 2 of Paper ....odity they wish to purchase.
This is why consumers, wanting to heat their homes, chose to heat them with
natural-gas's substitutes (crude oil, heating oil, or gasoline) rather than the
natural-gas, the higher priced commodity. The commodity, energy, is something
that people can not go without during the winter months. If their is a shortage,
which means that consumers demand more than the available supply, it leads to an
increase in price.
As shown in the graph below, as the supply decreases,.... |
Number of words: 543 - Approximate pages: 2 |
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