Stop Mountaintop Mining!

ohio county wrote:But if they continue mountain mining, we can pave it and rent it out for parking to New Jersey.

ohio county wrote:But if they continue mountain mining, we can pave it and rent it out for parking to New Jersey.

SamCogar wrote:I really think all "greenies", ....... all "anti-CO2 generators" ......... all "anti-Nuclearists" ....... and all "MTR'ers" ....... should really be praying for a cool, wet Summer of 2008.

Because if it is not "cool n' wet" ....... then the $4/gal gasoline, another 20% - 30% increase in food costs, ...... plus increa$e$ in other expenses will only frustrate and PO you ......... but the "rolling blackouts" due to insufficient electrical power will really make you mad as hell and put you in a "whup arse mood".

Feb. 26, 2008

WASHINGTON - In more bad economic news, consumer confidence and home prices posted sharp declines while higher costs for such basics as food and energy left wholesale inflation rising at the fastest pace in a quarter-century.

The new reports Tuesday raised the threat of a return of "stagflation," the economic curse of the 1970s in which economic growth stagnates at the same time that inflation continues racing ahead.

The 1 percent January jump in wholesale prices was led by a surge in the prices of energy, food and prescription drugs and followed a report last week that consumer prices had risen by a bigger-than-expected 0.4 percent because of price pressures in the same areas.

Over the past 12 months, wholesale prices rose by 7.4 percent, the largest yearly gain since late 1981. Analysts warned consumers to brace for more bad inflation news with crude oil prices rising to records above $100 per barrel and with more evidence that the prolonged jump in energy prices is starting to break out into more widespread price problems.

The 1 percent jump in wholesale prices in January followed a 0.3 percent decline in December and a 2.6 percent spike in November.

The wholesale report said energy prices jumped 1.5 percent, as gasoline prices rose by 2.9 percent and the cost of home heating oil soared by 8.5 percent. Food costs jumped by 1.7 percent, the biggest monthly increase in three years.

http://www.msnbc.msn.com/id/23349559/

ziggy wrote:But that electric bill you tried to convince us had doubled is still at the same rate, though.

AEP wants 17% rate increase

$156M will not be profit, Appalachian chief asserts

Electric bills could be going up again.

Appalachian Power and Wheeling Power on Friday asked the state Public Service Commission for a 17 percent rate increase.

The move would increase annual revenues for the company by about $156 million.

Customers using 1,000 kilowatt-hours a month would see their bills rise from $64.55 to $73.94 - a $9.39 hike.

"By far, most of the increase we're requesting today is due to the increase price of new coal supplies and purchased power," Dana Waldo, Appalachian Power president, said in a prepared statement Friday.

"This is simply a pass-through expense that includes no profit for the company."

The $156 million would be split up the following way:

$84 million for the cost of fuel - mostly coal - used to make electricity;

$50 million for purchased power;

$17 million for "scrubbers" at the John Amos and Mountaineer power plants, which are needed to comply with federal and state clean air laws;

$5 million for improvements.

Electric bills have been on the rise over the past few years as Appalachian Power, a subsidiary of American Electric Power, seeks to cover the cost of the scrubber projects.

The projects' total cost is $1.4 billion.

http://www.wvgazette.com/News/200802290725

SamCogar wrote:Electric bills have been on the rise over the past few years as Appalachian Power, a subsidiary of American Electric Power, seeks to cover the cost of the scrubber projects.

The projects' total cost is $1.4 billion.

http://www.wvgazette.com/News/200802290725 [/color]

Aaron wrote:

SamCogar wrote:Electric bills have been on the rise over the past few years as Appalachian Power, a subsidiary of American Electric Power, seeks to cover the cost of the scrubber projects.

The projects' total cost is $1.4 billion.

http://www.wvgazette.com/News/200802290725 [/color]

Of course they've been going up for years. Only a fool believes they've remained the same for 25 years.

Aaron wrote:I won't get into it because I can't bring up what he said on the old board to prove what I know is true.

ziggy wrote:Maybe. So have you abandoned SamCogar's claim about rates having already doubled in the past 15 years- or even 50 years?

Aaron wrote:

ziggy wrote:Maybe. So have you abandoned SamCogar's claim about rates having already doubled in the past 15 years- or even 50 years?

Sam can speak for himself. He doesn't need me to speak for him. I'm merely pointing out that I don't think he said 15 years.

I'm 42. I have no idea what rates were 50 years ago.

I also don't know that the percentage of income rates were 50 or 15 years ago or how inflation has effected the rates in that time so I have no idea if they've doubled, increased by 25% or gone down.

Aaron wrote:I'm saying your blowing smoke when you say 1) he said 15 years and B) rates are the same . Anyone with even the slightest bit of common sense knows that's just not the case, wherther it's 50 or 15 years ago, not when you factor in inflation. Rates may be more, they may be less, but the likely hood that they are unchanged is very small indeed.