Wednesday, September 12, 2007

Electricity

Power prices set to surge
From expensive construction costs to uncertainty over global warming laws, experts say electricity bills are only headed higher.

I wouldn't be so bold as to say it was a certainty. There's no such thing as a sure thing. However, I am tempted to agree. There are plenty of inflationary pressures (in addition to the obvious deflationary ones).

"We've been used to really cheap energy to drive our society," he said. "But the days of the energy bargain in this world are over."



See also: A More Serious Chart

Source Data: Energy Information Administration: Electricity

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