EU energy crisis: warnings of rolling blackouts.
Weekly EIA petroleum report, link here:
- US crude oil inventories decreased by 0.9 million bbls week/week. Yawn.
- US crude oil inventories now stand at 433.1 million bbls. Yawn.
- US crude oil imports were up by 168,00 bopd, still averaging 6.3 millio bopd, almost 20% more than the same four-week period last year -- last year was the year of the plague; a better comparison would be with 2019;
- refineries are operating at 88.8% of their operable capacity
- distillate inventories increased by 2.2% million bbls; 9% below the five-year average;
- jet fuel supplied was 34.5% y/y -- one of the smallest changes in the past several months;
****************************
Monthly Personal Electricity Statement
We do not have natural gas in this apartment, only electricity.
This will, no doubt, be our low month for the year. This is in our new apartment, slightly smaller than our previous apartment, billing period ending November 22, 2021:
This is from a year ago, in our previous apartment, slightly larger than our current apartment, billing periods ending November 4, 2020, and December 6, 2020:
See that you are paying close to 19 cents/kwh, here in Maryland I'm paying about 11.5 cents/kwh by Potomac Edison. Cost is about 50% for generation and 50% for transmission, distribution, and about 10 more small add on charges.
ReplyDeleteYes, you are correct to the best of my knowledge. Texas is well known for high electricity prices due to deregulation and renewable energy (wind). It is what it is.
DeleteThere's a reason the "movers and shakers" want to get into renewable energy. It is incredibly lucrative. We're seeing that in ISO NE. And that's why I'm tracking ISO NE. A reader has provided a possible explanation for the spikes in pricing in ISO NE.
I just went back and looked at the price breakdown for the most recent utility bill shown above:
energy charge: 353 kwh @ 14 cents / kwh = $49.92
gross receipts tax reimbursement: 99 cents
sales tax: 2.00% = $1.01
total = $51.42
"The average price you paid for electric service this month (per kWh): $0.140."
As long as we're beating a dead horse, for me, it's not so much the price per kwh, it's the total bill due. As I've said many, many times, US postage stamps (1 ounce Forever stamps = 50 cents or thereabouts) are incredibly expensive .... for those who use USPS stamps.
I know in California my sister-in-law, in a much bigger house, pays much less than I do each month for electricity because she watches very carefully when to use the dryer and washer (in the middle of the night before the rates go up). Before they retired, she and her husband both went into work before 6:00 a.m. and thus used hot water in the morning before the higher rates kicked in. It's quite a game for those who watch this stuff. I never did, until recently, but now I find it fascinating.