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Why do you think prices will go down? That's not at all what's been happening lately or the consensus estimate by analysts.
by danielharan 12y ago
Why do you think prices will go down? That's not at all what's been happening lately or the consensus estimate by analysts.
- ars 12y agoThere is a massive energy glut right now, and it shows no sign of slowing down. Coupled with increasing efficiency that reduces demand, and energy prices should go down, not up. (Adjusting for inflation.)
- alphydan 12y agoAccording to the Energy and Information Administration, retail electricity prices have gone up by 25% over the last 10 years. [0] In comparison inflation has raised prices by 19% over that same period [1] I think it's also not obvious that the natural gas glut is a long term trend. It's a complex issue for sure, but here are some perspectives: http://www.businessinsider.com/arthur-berman-shale-is-magical-thinking-2013-1?op=1 http://www.businessinsider.com/arthur-berman-shale-is-magica... [0] http://www.eia.gov/electricity/data/browser/#/topic/7?geo=g&agg=0,1&endsec=vg http://www.eia.gov/electricity/data/browser/#/topic/7?geo=g&... [1] http://www.usinflationcalculator.com/ http://www.usinflationcalculator.com/