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Tower Of Power? US Industries Are Buckling Under Pressure of Surging Electricity Costs (Industrial Electricity Costs UP 24.4% YoY)
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Tower Of Power? US Industries Are Buckling Under Pressure of Surging Electricity Costs (Industrial Electricity Costs UP 24.4% YoY)
The US is the expensive tower of power … but it should be cheap. Getting rid of coal power was idiotic and The Left’s fear of nuclear power is laughable. EIA data by user classification, chart by Mish. Rising energy bills have forced companies to scale back industrial operations, threatening a greater drag on the economy. As of May, electrical energy costs are up 24.4 percent from a year ago. Producer Price Index (PPI) data suggests things are …
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