08/28/2017: The real cost of a natural disaster
Share Now on:
With Hurricane Harvey causing many refineries in Texas to temporarily shut down, we’ll chat with Energy Intelligence analyst Barbara Shook about the effects this is having on crude oil and gasoline prices. Afterwards, we’ll chat with University of South Carolina professor Robert Hartwig about why many people are left without flood insurance, and the difference between how much insured damage the industry has to pay out, and the overall economic cost of a natural disaster.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.