The Homa Files

Have you glanced at your electrical bill recently?

During Trump’s time in office, electricity prices were flat.

Not so under Biden’s …

In the past year alone, electricity prices have gone up 15.7%

In stats-speak, that’s a number statistically different from zero.

Source: FRED and HFS analysis

Close coal-fueled electricity plants, stiff arm nuclear and that’s bound to happen. … especially with price of natural gas — the main electricity fuel — sky-rocketing.

Source

===================

And, let’s not forget about gas prices!

This entry was posted on August 24, 2022 at 6:50 am and is filed under Bidenomics, inflation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.