Friday, September 30, 2005

Pain in the wallet

Atrios links to some disturbing news:

It's still under most people's radar screen right now," said Carl Neill, an analyst at Risk Management Inc., a natural gas consultant and brokerage firm Chicago. "The public has absolutely no idea how high prices are going to be this year. It's going to be mind-boggling. Price are going to be 50 to 100 percent higher for residential consumers than in previous year.

Glad I don't pay utilities, I guess. But it seems like this is going to feed inflation, and that isn't fun, even for me.

0 Comments:

Post a Comment

<< Home