Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
The Stranded Cost of Powering Your EV
Electric vehicle adoption has surged, but the grid infrastructure is lagging. With WTI crude at ninety-six dollars and gasoline prices steady at four forty-six, the real energy story isn't oil—it's the hidden cost of charging your car. Lucas and Luna explore how local utility monopolies are pricing in massive capital expenditures for transmission upgrades, creating a 'stranded cost' dynamic that raises electricity bills even as gas prices fall. We break down why your monthly power bill might rise despite cheaper fuel, using recent data from the August CPI and core PCE to…
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