Heatwave in Texas and Midwest

SOURCE finance.yahoo.com
The heatwave in Texas and the Midwest is causing increased energy demand as temperatures soar, with record warm overnight lows expected in the Northeast. Severe storms and tornadoes are also forecasted for parts of the US.

Key Points

  • Record warm temperatures in the Northeast
  • Severe storms and tornadoes forecasted for parts of the US
  • Prolonged heatwave expected in Texas

Pros

  • Increased energy demand boosts economy in the short term

Cons

  • High temperatures can lead to health risks for vulnerable populations