Monday, June 16, 2008

HOME ELECTRICITY PRICES SOARING

USA TODAY Utilities across the USA are raising power prices up to 29%, mostly to pay for soaring fuel costs, but also to build new plants and refurbish an aging power grid. Even more dramatic rate increases are ahead. The mounting electric bills will further squeeze households struggling with spiraling gasoline prices. The increases come after rising fuel prices already have driven up utility bills nearly 30% in the past five years, the sharpest jump since the 1970s energy crisis. Fuel costs are again the main culprit.

6 Comments:

At June 16, 2008 3:06 PM, Anonymous Anonymous said...

Humans suck. We sit around and think of brilliant ways to do less with more, then figure out even more brilliant ways to keep these benefits away from 95% of the population. Why have voluntary, enjoyable work for all and sky high standards of living when we can all slave away and justify some sociopath executive class' parasitic philosophy and existence?

I'd bitch more but I gotta get to work.

 
At June 16, 2008 3:15 PM, Anonymous Anonymous said...

The rising utility and fuel costs also in turn affect the costs of other services that cities provide. I live in Los Angeles, and I just got a notice that garbage collection fees are going up from $26/month to $36. That's an increase of around 40%, quite a bit more than the inflation rate of 2% that the government is claiming.

 
At June 16, 2008 11:16 PM, Anonymous Anonymous said...

BushCo. has cooked the inflation rates for years by removing energy costs from the equation.

Any complaints will land you in the Main Core database.

 
At June 17, 2008 4:15 PM, Anonymous Anonymous said...

I could be mistaken, but I believe energy costs have not been counted in the inflation figures for a long time. Long before the Bush years. This blaming everything that ever happened on George W. is getting kind of old.

 
At June 17, 2008 7:31 PM, Anonymous Anonymous said...

The question is: are rising fuel costs (themselves a fraud perpetrated by speculators) causing a rash of fraudulently excessive price hikes in other commodities? The level of predation in the market place today is spectacular.

 
At June 18, 2008 10:46 AM, Anonymous Anonymous said...

"You have to pay attention to every little detail." Robert Anton Wilson

The artificial inflation of oil prices is clearly a fear campaign tied to efforts to increase every kind of oil drilling regardless of environmental impact and a return to building more nuclear terror targets (oops, I mean power plants) with their endless output of lethal poisons.

I can't decide whether the Saudis'promise to increase oil production is an attempt to make it obvious that supply has nothing to do with the price spike, or is just a greedy effort to piggy-back some obscene profits out of the western oil companies' scam.

FoE

 

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