Soaring Energy Prices Raise Concerns About U.S. Inflation, Economy

The U.S. economic system is dealing with a brand new menace: rising power costs.

Crude oil has risen 64% this yr to a seven-year excessive. Natural-gas costs have roughly doubled over the previous six months to a seven-year excessive. Heating oil has risen 68% this yr. Prices on the pump are up practically a greenback over the previous 12 months to a nationwide common simply over $3 a gallon. Coal costs are at data.

Read Original Content Here

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top