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re: Zero Hedge piece: America’s Power Bill Shock Is Just Getting Started
Posted on 1/29/26 at 6:41 pm to ragincajun03
Posted on 1/29/26 at 6:41 pm to ragincajun03
Locked in my heating oil price over the summer at $2.65/gal. Current prices are $4.50/gal. I feel like a champ
0
Posted on 1/29/26 at 8:06 pm to KamaCausey_LSU
quote:
Seems like if there is enough natural gas to have multiple mega-sized export projects going on; then there would be enough supply domestically to keep prices under control.
Europe is willing to pay significantly more for it.
Posted on 1/29/26 at 10:00 pm to ItzMe1972
quote:
Elon said AI will hit the wall the year with lack of electricity. Watch NVDIA
Watch nvidia? Watch it what?
Posted on 1/29/26 at 10:04 pm to Camp Randall
quote:
Zero hedge is a Russian rag. I don’t believe anything they post anymore. Spin and outright propaganda.
Retard alert. You must watch Maddow
Posted on 1/29/26 at 10:22 pm to altTD
quote:
I thought we had an abundance of natural gas in this country? Anyone know what’s driving up the natural gas cost?
Fuel isnt the problem. It’s generations units. There’s a 7 year backlog on natural gas gen units.
Posted on 1/30/26 at 4:49 am to ragincajun03
quote:
Doesn’t negate the fact that home energy costs continue to rise pretty significantly.
Our ancestors had no ac or heating. We will live.
Use less energy and costs go down. I know it’s not fun but it’s reality.
I’m not going to complain about costs this or costs that. It is what it is, we are here now so we have to move forward and buckle up.
We have all been saying this for years now. Spend less and be conservative during these economic periods and find solid investments to buy over the time period.
Patience and a unshakeable discipline is the key.
Posted on 1/30/26 at 4:51 am to NukemVol
“People are complaining that rates are high because rates aren’t high enough”
Bro what?
Bro what?
Posted on 1/30/26 at 5:17 am to Hateradedrink
quote:
“People are complaining that rates are high because rates aren’t high enough” Bro what?
People are getting a discounted rate. They are used to nobody needing electricity due to de-industrialization and energy efficiency. Now somebody needs it. But the regulators are telling them no.
If the utilities could bid out the electricity it would raise rates, force demand reduction, and spur investment. Like any other product.
Posted on 1/30/26 at 5:25 am to billjamin
quote:
Fuel isnt the problem. It’s generations units. There’s a 7 year backlog on natural gas gen units.
This is the correct answer.
Natural Gas fuel cells are starting to become popular again because of this because you can usually install them in 5 or 6 months. Doesn't produce as much power but it makes a difference.
This post was edited on 1/30/26 at 5:30 am
Posted on 1/30/26 at 5:45 am to ragincajun03
quote:
electricity demand is growing rapidly, driven in part by the expansion of data centers
Posted on 1/30/26 at 5:50 am to ragincajun03
what higher interest rates?
They've been going down for over a year. Furthermore, interest rates are far lower today than when all of those power plants were originally built. That is a 100% bullshite bullet point.
They've been going down for over a year. Furthermore, interest rates are far lower today than when all of those power plants were originally built. That is a 100% bullshite bullet point.
Posted on 1/30/26 at 6:41 am to NukemVol
But people would still be complaining about rates being high because rates would be even higher. I’m not following
Posted on 1/30/26 at 7:30 am to NukemVol
My rate is high enough, thank you. Summer bills are brutal bc of air conditioner (which I keep turned up when done to work) and most of my appliances are gas.
Posted on 1/30/26 at 7:42 am to ragincajun03
quote:
Rising natural gas prices are pushing up electricity generation costs. At the same time, electricity demand is growing rapidly, driven in part by the expansion of data centers
Meanwhile, we're sitting on ~35.8 trillion cubic feet (Tcf) of natural gas here in the Gulf Coast that hasn't been tapped yet (it's pretty far down). On the plus side, as the price of natural gas goes back up, that sort of exploration and production becomes more attractive (like we saw in the mid-Aughts), at least for those who aren't going to get fricked by CCS blooms.
This post was edited on 1/30/26 at 7:43 am
Posted on 1/30/26 at 7:50 am to Dixie2023
quote:
My rate is high enough, thank you. Summer bills are brutal bc of air conditioner (which I keep turned up when done to work) and most of my appliances are gas.
If you aren’t willing to pay the same as the data center then you can be the first to roll off during load shedding.
I’m not actually an advocate of this. I’d much rather raise rates now to build out our energy infrastructure. But I also don’t understand why the public thinks they can dictate the use of a commodity. And the tech companies will eventually buy the right congressmen to give them the grid access they need, and frankly it’s capitalism and will ultimately result in the public realizing they can’t just stop investing in infrastructure.
Posted on 1/30/26 at 7:50 am to Bard
quote:
Meanwhile, we're sitting on ~35.8 trillion cubic feet (Tcf) of natural gas here in the Gulf Coast that hasn't been tapped yet (it's pretty far down).
shite ton of deep, dry gas in the Permian as well. But as you stated in your next sentence...price. There has to be value. I THINK that value in the Permian could be data centers and power generation facilities purchasing that gas, though at a rate that makes it enticing for operators to go get it.
Sort of like everyone promoting Venezuela's largest oil reserves in the world. What percentage of those reserves are economically recoverable at $60/bbl? $80/bbl? What percentage will remain in the ground until oil is $120/bbl?
Posted on 1/30/26 at 8:05 am to ragincajun03
I am about to go live in a cave.
Posted on 1/30/26 at 8:21 am to NukemVol
I hear what you are saying. I feel those AI and tech centers should foot the bill for growth and subsidize. We don’t need them to exist. They are nothing but a profit for someone else. Utilities are something we need in this age and it shouldn’t come down to the haves and have nots being a keep to afford. In the end, we will be subsidizing the centers and folks who can’t afford it. We already do to some extent with the latter.
Posted on 1/30/26 at 8:30 am to Dixie2023
quote:
those AI and tech centers should foot the bill for growth
100% agree.
Posted on 1/30/26 at 8:34 am to billjamin
quote:
Fuel isnt the problem. It’s generations units. There’s a 7 year backlog on natural gas gen units.
Too many eggs into the “renewable” basket has hamstrung our (United States) ability to produce power. Seemingly every (industrialized) country around the globe is facing this issue. Germany is firing up old coal-fire plants to meet demand.
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