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
New Home Sales Increase to 664,000 Annual Rate in November
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The Census Bureau reports New Home Sales in November were at a seasonally
adjusted annual rate (SAAR) of 664 thousand.
The previous three months were revis...
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