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Re: jbsliverer post# 65409

Sunday, 05/08/2022 11:36:15 AM

Sunday, May 08, 2022 11:36:15 AM

Post# of 87867
Bigger impact than water shortage caused power issues, as hydro makes up small percentage of the electric grid, is rising natural gas prices. The increased shipments to Europe and demand in the US has driven it to new heights. That makes up about 38% of electricity so power bills are going to see significant increases as utility companies pass the higher costs to consumers.

This year has seen an odd hot/cold makeup with the northern tier seeing colder than usual and winter storms into May, while southern tier seeing hotter than usual spring temps (this causes increased natural gas demand for heating/cooling). That comes together in the middle of the US along with moisture streaming from the gulf, creating a dangerous mix of floods, tornados, & lightning storms. This is hitting the breadbasket of the US. It'll be interesting to see what hurricane season brings.
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