WTF!! This isn't possible!!!

[LoneLaugher]

FPL expects to reduce rates in 2015 The Miami Herald

All those energy industry regulations are just killing us!

 

[waltky]

Uncle Ferd don't care as long as he don't pay as much at the pump...

Plunging Oil Prices Have Unpredictable Impact on Politics, Economics
October 17, 2014 WASHINGTON — Global oil prices are falling drastically, and a new World Bank study says they may remain low for a year or more. Lower energy costs can often help boost economic growth. Low prices might also increase political tensions and hurt investments in key energy sectors.

The oil market is seeing a production surge from the United States as new techniques dramatically increase oil output, according to La Salle University economic and political expert Edward Turzanski, who spoke via Skype. “Transforming the world energy market and also playing a consequential role in geopolitics, " said Turzanski.

Reduced demand

That transformation comes as economists say slowing economic growth in Europe and Asia is cutting energy demand at a time of plentiful oil supplies. That combination is driving down oil prices. Less money spent on energy leaves families more money to buy other goods and services, boosting economic growth for many nations. But low oil prices can weaken the economies and the political power of oil exporters like Saudi Arabia, Iran and Russia. Russia’s economy already is facing economic sanctions to punish Moscow for its role in Ukraine.

Competing interests

An analyst at Strategic Energy and Economic Research said long term low oil prices will complicate Russian President Vladimir Putin's efforts to maintain domestic political power. Michael Lynch spoke via Skype. “Longer term, the combination of sanctions and weaker oil prices are going to put pressure on him,” said Lynch. Rising oil production is due to techniques like fracking that collect oil that is missed by other methods, but does so at a higher cost -- between $50 and $80 per barrel of oil.
High costs and low prices may make these techniques unprofitable, according to Standard and Poor's analyst Peter Rigby. “U.S. oil production could fall if prices drop below break-even levels for expensive shale oil production, causing drillers to stop drilling,” said Rigby.
Renewable energy alternatives to oil also will find it harder to compete for investment dollars if oil prices drop low and stay there. Lynch said we may be entering a new era of lower energy costs, while S&P's Rigby says oil prices will remain volatile and vulnerable to global economic and financial changes.

Plunging Oil Prices Have Unpredictable Impact on Politics Economics

 

[Judicial review]

Oil prices are falling due to ebola crisis/economy fucking the markets and the people that the all time low of 36% of people that invest in them. The FPL won't be able to sustain these rates long term. Starting in 2015 the new EPA natural fuel standards go into effect and these companies won't be able to keep their rates artifically low so the consumer doesn't feel it for very much longer.

 

[Judicial review]

keep dreaming dudes.

 

[Decus]

FP&L is roundly disliked by Floridians for demanding excessive rate hikes, has been for as long as I can remember. The problem is that as a monopoly the issue of utility charges is often related to the political landscape. As a cynic I would say that the recent promise by FP&L to lower rates in 2015 is another hollow promise from the utility company. The reason for the promise is the upcoming Florida Governor election and that FP&L wants Scott to win - the reason is that Scott will be more likely to appoint members of the Public Service Commission who are favourable to future rate hikes. Here is an article:

"The major utility companies are supporting Scott and the Republican Party in this election cycle, with $3.7 million in contributions through August. They have given the Democratic Party more than $400,000, with no direct major contributions to Crist."

Energy rates and policies hang on outcome of governor x2019 s race News-JournalOnline.com

The list of abusive rate charges by FP&L is extensive but here are some more recent examples:

"Only in the corrupt halls of the Florida Public Service Commission, could a Company such as FPL, get awarded in January 2013 a rate increase and not share one penny of the $42 million in annual operational savings promised on a very expensive project for over 3 years and then come back in August 2013 and get another $2 million in revenue from customers based on “lost savings”."

Florida Power Light s crazy definition of Fair - Dr. Rich Swier

 

[Delta4Embassy]

FPL expects to reduce rates in 2015 The Miami Herald

All those energy industry regulations are just killing us!

Ya right. Chernobyl was unregulated too.

 

[PredFan]

Oil prices are falling due to ebola crisis/economy fucking the markets and the people that the all time low of 36% of people that invest in them. The FPL won't be able to sustain these rates long term. Starting in 2015 the new EPA natural fuel standards go into effect and these companies won't be able to keep their rates artifically low so the consumer doesn't feel it for very much longer.

You're trying to talk truth and sense to an illogical left wing no-nothing. You're wasting your time unless you are bored.