Hardware stores ran out of batteries and flashlights immediately following an ice storm that took down power lines across the area. But within a few days, special deliveries brought in extra batteries and flashlights, allowing everyone who wanted to purchase either to do so. This situation is best described by the idea that markets allocate things efficiently.
A winter storm that produces freezing rain is an ice storm, often referred to as a glazing event or a silver storm. An ice storm, according to the U.S. National Weather Service, is one that leaves at least 0.25 inches (6.4 mm) of ice on exposed surfaces. The majority of the time, they are considered to be light rainstorms that happen at temperatures slightly below freezing rather than intense storms. Overlying a layer of air with temperatures below freezing and closer to the surface is where ice first forms. In the warm air layer, frozen precipitation melts to rain before starting to refreeze in the cold layer below. While remaining in the atmosphere, the precipitate will refreeze, causing.
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