The Average American Household’s Energy Bill is 47% Higher in 2022 than 2021

America, and the broader West for that matter, is experiencing a nasty cost of living crisis that’s expressing itself all across the economy. One can see it all over from food all the way to energy prices. On the electricity front, we see this with soaring electric rates. According to a post by Mike Shedlock, electric rates increased by north of 70% at the outset of the summer in states such as Texas. -- More...