Monday, April 22, 2024

American utilities have used the pandemic and the Russia-Ukraine war to price gouge the consumer for natural gas

American utilities have used the pandemic and the Russia-Ukraine war to price gouge the consumer. 

Natural gas prices have nosedived 73% since 3Q2022 but utility prices stopped declining a year ago and are down just 14% from peak.

Utility gas actually increased in 4Q2023 and again in 1Q2024.

Look at all that air under the red line.  First time that's happened in decades.

People should be MAKING A STINK!