Runaway power cost?
Anyone else fear what's going to happen to power bills? It seems to me that sooner or later, the coal industry is going to start feeling like they're giving their product away compared to oil suppliers and the price of coal will start it's march up. Since so much power is generated by coal now in this country compared to oil in the past, our cost of electricity has been stable for a long time...drag out your old bills and you'll see about a 10% increase over 20 years. It's been held down by the increase in oil to coal plant conversion. I'd not be surprised to see a doubling in elecricity cost over the next few years. Any other thoughts on this?