Prices For Home Gas, Electricity Are Spiking And Here’s Why
View Source | February 9, 2023 9:59 am
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- The price of gasoline is ticking higher now that President Biden has depleted our emergency strategic oil supply to artificially bring down sticker shock and help Democrats in the midterm elections.
- But it’s the other gas — natural gas — that is surging in price, ballooning not just home and business heating and operations costs but also electricity rates. Gas is the U.S.’s lead energy source to power the plants that feed electric grids that light our way of life. Natural gas makes electric vehicles, like the $100,000 model Mr. Biden tweeted on Jan. 30, run.
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