President Prices must Necessarily Skyrocket Moves to reinstate his will

Really quite simple.....thats his quote and policy and no sooner have prices come down he is mfg policy to drive it back up......
 
The President has won on the issue of energy.

http://www.nytimes.com/2014/11/24/b...-win-on-price-vs-conventional-fuels.html?_r=0

In Texas, Austin Energy signed a deal this spring for 20 years of output from a solar farm at less than 5 cents a kilowatt-hour. In September, the Grand River Dam Authority in Oklahoma announced its approval of a new agreement to buy power from a new wind farm expected to be completed next year. Grand River estimated the deal would save its customers roughly $50 million from the project.

And, also in Oklahoma, American Electric Power ended up tripling the amount of wind power it had originally sought after seeing how low the bids came in last year.

“Wind was on sale — it was a Blue Light Special,” said Jay Godfrey, managing director of renewable energy for the company. He noted that Oklahoma, unlike many states, did not require utilities to buy power from renewable sources.

“We were doing it because it made sense for our ratepayers,” he said.

According to a study by the investment banking firm Lazard, the cost of utility-scale solar energy is as low as 5.6 cents a kilowatt-hour, and wind is as low as 1.4 cents. In comparison, natural gas comes at 6.1 cents a kilowatt-hour on the low end and coal at 6.6 cents. Without subsidies, the firm’s analysis shows, solar costs about 7.2 cents a kilowatt-hour at the low end, with wind at 3.7 cents.

Wind about half the price of dirty coal, solar within 1/2 cent of the price of dirty coal, and both far cheaper than coal with scrubbers. Both still coming down in price.
 
And grid scale batteries make both solar and wind 24/7;

Oncor proposes giant leap for grid batteries Dallas Morning News

“Everyone assumed the price point was five to six years out. We’re getting indications from everyone we’ve talked to they can get us to that price by 2018,” he said in an interview Wednesday.

The Dallas-based transmission company is proposing the installation of 5,000 megawatts of batteries not just in its service area but across Texas’ entire grid. That is the equivalent of four nuclear power plants on a grid with a capacity of about 81,000 megawatts.

Ranging from refrigerator- to dumpster-size, the batteries would be installed behind shopping centers and in neighborhoods. Statewide, Oncor estimates a total price tag of $5.2 billion. A study commissioned by Oncor with the Brattle Group, a Massachusetts consulting firm that provides power market analysis for state regulators, says the project would not raise bills. Revenue from rental of storage space on the batteries, along with a decrease in power prices and transmission costs, should actually decrease the average Texas residential power bill 34 cents to $179.66 a month, the report said.

Of course, you know how those Liberal Texans just latch onto every liberal scheme.
 

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