WHERE ARE THEY NOW?
In the 1980s, Natural Gas was supposed to save consumers from energy price shocks and solve foreign oil dependence, to some large degree.
For a while, it worked. Prices were steady, going up from $6 to $8, 33% over a span of maybe 10 years (probably 15 years), during the 1990s, or about 3% a year.
Under Bush-Cheney and the go-go Republicans, prices have gone up from $8 to $14-15. True, there was Katrina, but still, the trends were in place before that, right?
[click on chart to embiggen]
Thursday, January 17, 2008
Who's Your Supplier?
