No. of Recommendations: 1
"Scripps brings up a good point. If utilities build the generating capacity to serve the DCs, and it's a bubble, most of the DCs are aborted, and the utility companies end up with surplus generating capacity, like automakers that now have surplus EV production capacity, who pays the cost for the underutilized power plants?"
The ratepayer is the bag holder, the buck stops at their mailbox, every month, without
fail, lol.
It sure feels like the costs associated with just plain living are going up for
Americans. It is a certainty that electric rates are going up. In the podcast I
linked to, mention is made of the need to build more generation, likely to be natural
gas powered. So that will raise the cost of NG, and many people heat with NG furnaces, so heating costs will rise. Food costs have already risen, and as a little extra
"bonus", taxpayers get to gift the American farmers a $12B bailout, on top of paying
more for food. The national debt is accelerating at the same time, so at some
point in time, foreigners are going to want a higher interest rate for their
Treasury purchases, which will drive up the cost of debt for American consumers and
businesses.
Seems like everything is lined up to take even more money out of the American
citizen, and it's accelerating.
All is well though, Tariffs are going to solve all of our problems, and
inflation is under control. The Art Of The Deal playing out before our eyes /sarcasm
