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.