will be higher because consumers begin storing it for the winter. And during
the winter
months the demand is high, where as during the spring months the demand decreases
from
the other months. This commodity is greatly influenced by the climate and
the type of
region consumers live in. For example, people in Florida do not have the
same type of
energy bill as the people in Pennsylvania do.
The market of a commodity is determined by many things,
one of those being the
nature of the commodity’s prices, which is influenced by the demand
of that particular
commodity. For the commodity, energy consumers can see that the quantity
demanded is
very sensitive to changes in prices. And factors such as climate and the
region in which
they live underlie the market demand curve for this commodity.