1 Comment

Well written, Ed. An additional - but well hidden - cost: as less natural gas is used, is the fixed cost of services to remaining customers that will increase that component of the gas bill. Detroit is in that death spiral right now, trying to recover the cost of municipal utilities services that remain in place to serve fewer and fewer consumers in certain areas of the city.

"Thanking the government for 'investing' money is like thanking an ATM for giving you cash."

Expand full comment