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  • Energy Costs: Why Consumers Aren’t Sinking the Economy

Economy

01 Feb 2008

Energy Costs: Why Consumers Aren’t Sinking the Economy

  • By Bill Conerly
  • In Economy
  • 1 comment

We do not have abnormally high energy costs; we are simply coming off of a period of abnormally low energy costs.  (The thin horizontal lines are for reference, showing the current levels.)

Energy_2

That’s not to say that all is well.  Sudden transitions disrupt plans and habits, forcing consumers who had not anticipated the rising costs to have to spend less elsewhere.  Nonetheless, there’s nothing about recent energy costs that we can’t handle, with a little adjustment time.

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    Comments

  1. Scott
    May 13, 2008

    What about alternative energy like NCEN?

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