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Of course energy prices are higher. They have been going up by 5% to 10% a year in a lot of places. And were doing so long before the alternatives started being put in place. However, here in Oregon, where most of the power is hydro, with wind providing about 10%, we have lower prices for electricity than most states in the nation.
As for our oil boom, it will be gone in a few years, and most of that new oil will go to South America or Asia. And you cost for gasoline will not come down significantly at all. Because it is the world market that determines the price for petroleum now, not the local US market.
The very fact that the US can reduce its reliance on buying oil from the midde eastern countries that hate us should be incentive enough to become energy independant.
It is a bit of a contradiction to say "it will be gone in a few years" and then say "and most of that new oil will go to South America or Asia." don't you think?
And, exporting oil or any other product is a big plus to the US economy, and lowers our balance of payments as well as our deficit. Those are all good things!
LOL. You are amusing. Resources that are very finite go through a regular boom, bust cycle. Right now, with oil at $100 a barrel, we can afford to frack the shale oil and make money off of it. And when that is gone, and the price of oil goes up to $200 or $300 a barrel, we can afford to recover oil from other sources. However, will be consumer be able to afford to use it?
We have many, many ghost towns in the West that are the result of boom-bust cylcles in natural resources, and oil is no differant.
My electric bill has remained the same for about the last five years
Fuel oil has gone way up, but I switched to natural gas. My house in Maryland is all electric and the prices are very reasonable
Unnoticed by virtually everyone except the sharp-eyed folks at CNSNews.com...
My electric bill has remained the same for about the last five years
Fuel oil has gone way up, but I switched to natural gas. My house in Maryland is all electric and the prices are very reasonable
That's nice.
Now STFU.
My electric bill has remained the same for about the last five years
Fuel oil has gone way up, but I switched to natural gas. My house in Maryland is all electric and the prices are very reasonable
That's nice.
Now STFU.
I just flash my liberal card and I get low cost energy
What do ou pay?
Conservative sound-bites vs actual testimony.
Hmmm...the usual suspects and their ad hominems.
As with virtually all other goods, the price of electricity has risen over the years. Underlying factors affecting this upward trend include higher prices for generating fuel (e.g. coal), the need for new infrastructure, and environmental concerns. Compared to other goods, the increase in electricity prices has been relatively low.
One factor affecting electricity prices is aging infrastructure that will need to be replaced or updated to accommodate the integration of renewables to the electric grid.
Another determining factor in electric rates will be the generation mix used in future years. The uncertainty of todays regulatory environment makes it difficult to predict future capacity planning decisions.
Natural gas plants are faster to site and build than other base load generation. Realizing that natural gas also is less carbon intensive than coal, many companies are shifting this direction. However, even though the plants are relatively easy to site and cheap to build, natural gas, as a fuel source, has a history of price volatility.
The cost of capital has also risen as utility bond ratings have declined over time.
Despite short-term decreases due to weak economic conditions, rates of demand are going projected to continue to rise over time, requiring capacity additions in the future which will be more costly that existing generation assets.
Here are the reasons the electricity industry gives for rising electricity prices:
Infrastructure:
One factor affecting electricity prices is aging infrastructure that will need to be replaced or updated to accommodate the integration of renewables to the electric grid.
Regulations:
Another determining factor in electric rates will be the generation mix used in future years. The uncertainty of todays regulatory environment makes it difficult to predict future capacity planning decisions.
The "Dash to Gas":
Wall Street:
The cost of capital has also risen as utility bond ratings have declined over time.
Growing population/demand:
Despite short-term decreases due to weak economic conditions, rates of demand are going projected to continue to rise over time, requiring capacity additions in the future which will be more costly that existing generation assets.
But again, "Compared to other goods, the increase in electricity prices has been relatively low."
This is another reason Romney lost in 2012. There should have been advertisements of this all over the place just like the democrats did with Rodney's sound bite about 47 percent will always vote democrat because of entitlements.
My electric bill is pretty much the same from month to month. It hasn't changed much at all in the past five years.
Nope, neither has mine.
But hey, if Finger-boy says the sky is falling he must know better than we.
I'm not the one saying it, dipshit.
FTR, my electricity prices have fallen by ~25% over the past five years.
This is another reason Romney lost in 2012. There should have been advertisements of this all over the place just like the democrats did with Rodney's sound bite about 47 percent will always vote democrat because of entitlements.
You know what -- I never even saw that ad or whatever it was. Heard about it, never saw it directly. What I did see was Romney lying about Jeep moving to China.
Awk-ward.
