Are you preparing for the economic impacts of the recent Hurricanes?

Are you preparing for the economic impacts of the recent Hurricanes?

Mechanical Enlightenment Home   »   News & Blog   »   Are you preparing for the economic impacts of the recent Hurricanes?

September 13, 2017

Hurricanes can be devastating to those living in the pathway of destruction. For those fortunate enough to live outside of the areas hit hardest by the hurricanes, you will still be faced with the economic impact.

Everyone is already talking about surging prices at the pump due to factors including the oil refinery shutdowns in Texas as well as people fueling up to evacuate or preparing for the aftermath of the hurricane(s).

Another impact The Gulf Coast is home to Ethylene production, which is a flammable gas reported as “arguably the most important petrochemical on the planet,” according to the Ethylene is used to produce a vast array of essential items including plastics and PVC pipes.

Also, the Port of Houston is a highly important trading location for materials such as steel and other metals. KeyBanc analyst Philip Gibbs reports that Houston receives between 30% and 35% of all U.S. steel imports.

What does that mean for you? Commodity prices are likely to go up and up and up. Now it is even more important than ever to include a commodity clause in your contracts.

The Enlightenment Companies already includes a commodity exclusion in our proposals as shown below. For more information on commodity clauses, please call us at (440)-793-6000.        


NOTE: On the topic of pricing, if you come across price gouging during this time of distress, please report it to the price Gouging Hotline at


No comments currently. Be the first to comment!

Leave a Comment

Your Name:

Security Code:

Latest News & Blog

MYTH 1: The cost of outsourcing is too expensive compared to hiring an in-house estimator
Read this article to learn the FACTS of partnering with an outsourced estimating firm.
As a construction business, bulk purchasing can be a highly effective strategy.
Planning for bulk purchasing can get a bit cumbersome, but the long term rewards and impact on your profits could make the effort well worth it. Purchasing in high...

Join Our Mailing List

Join our mailing list and receive $50 off your first estimate!

Join today »

Contact Us

Mechanical Enlightenment
25800 North Depot Street, #201
Olmsted Falls, Ohio 44138>
Phone: 440-793-6000

Enlightenment Companies Siteworks Enlightenment Electrical Enlightenment

All Rights Reserved 2017, Mechanical Enlightenment - Admin Login   |   Web Design by Alt Media Studios