Businesses Should Prepare Now for June Electric Rate Hikes
Pressures on the energy market have been mounting and soon consumers will be faced with the fallout. The combination of the pandemic causing workplaces to go dark thus lessoning demand and production, followed by labor and supply shortages, a diminished natural gas supply caused by the invasion of Ukraine, and now inflation, have pushed energy markets to the brink. Couple that with the rising value of exported liquified natural gas overseas, which is driving producers to move more of their supply to Europe where the commodity commands pricing nearly five…
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