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Energy & Resource Constraints Briefing
Jul 26, 2022 @ 4:00 pm - 5:00 pm
Gasoline prices set an all-time average high at $5.01/gallon on June 13. In May, diesel prices set a new record at $5.51/gallon. Both Dominion Energy and Pepco have recently announced rate hikes for electricity costs in our region. Higher prices are straining an already disrupted supply chain. With peak travel and energy usage times already here, it’s creating a ripple effect on the economy with a greater likelihood of recession.
Hospitality, construction, shipping & logistics, aviation, and many other industries feel these impacts. How can the business community mitigate rising costs and still maintain higher profit margins? In this briefing, our expert panelists will discuss how high energy prices and resource constraints are impacting everything from inflation to increased labor costs, what steps should be taken to protect your company’s bottom line, and how to prepare for future disruptions.
Join us on July 26th for a strategically important briefing on Energy & Resource Constraints, the fifth segment of our Emerging Economic Threats Series presented by McGuireWoods LLP.