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Us Electricity Generators Binge on Ultra-Cheap Gas

by Zero Hedge
October 12, 2024
in Aggregated, News
US Electricity Generators Binge On Ultra-Cheap Gas

Exceptionally low gas prices have driven gas-fired generation to a record high in the United States, in the process eliminating most of the excess inventories inherited from the very mild winter of 2023/24.

U.S. electricity generators produced a record 2,069 billion kilowatt-hours (kWh) in the first six months of 2024, an increase of 98 billion kWh (5%) compared with the same period a year earlier.

Most of the extra electricity came from gas-fired units (+43 billion kWh), solar parks (+24 billion kWh) and wind farms (+19 billion kWh), with smaller contributions from nuclear (+10 billion kWh) and coal (+4 billion kWh).US Electricity Generators Binge On Ultra-Cheap Gas

Gas-fired units produced a record 857 billion kWh, and accounted for 41% of all generation, which was also a record high, according to data from the U.S. Energy Information Administration (EIA). […]

— Read More: www.zerohedge.com






At Last, a Company With Integrity in the Gold IRA Industry

For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.

I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.

After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:

  • Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
  • Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
  • No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.

Reach out to Augusta Precious Metals to learn more about protecting your wealth and retirement with physical precious metals.

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