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If Americans Won't Buy More Gas Then Raise That Electric Bill - Greed Continues!
12-18-2014, 04:14 PM
Post: #1
Thumbs Down If Americans Won't Buy More Gas Then Raise That Electric Bill - Greed Continues!
December 18, 2014

Cheap Oil Jamming Rails Means Higher U.S. Power Bills

U.S. electricity costs are poised to reach the highest level since 1999 because railroads are too clogged to deliver enough coal to power plants.

While the U.S. has the world’s biggest coal reserves, utilities are forecast by the government to end the year with the lowest stockpiles since 2005. With carriers including BNSF Railway jammed with record shipments of oil and grains, Xcel Energy Inc. (XEL) and other power producers say they can’t get the coal they need.

The rail delays mean utilities haven’t rebuilt inventories that fell to a seven-year low last winter. Power producers filed 10 notices this year warning regulators that...

Time for the 99% to start taking care of themselves and seeking out alternative means to have power without it taking away their livelihood. There are so many clean ways to produce power, but they don't create profits, so that is why most of the world doesn't know about them.

Wake up...explore...have more...

Waiting for truth and history to make a difference.

Waiting for the world to change...for the better!

No Justice...No Peace...

Friendship/Love/Trust/Respect/Unity for all living things...


People4People, proud member of Realist News since May 2011.
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12-20-2014, 11:53 PM (This post was last modified: 12-20-2014 11:53 PM by Thinker.)
Post: #2
So Much For “Economic Patriotism”!
The Corcoran Group Founder Barbara Corcoran discusses the real estate market, small business and consumer sentiment on “Bloomberg Surveillance.”

Thinker, proud member of Realist News since Nov 2013.
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