Too good. Must read.

Watts Up With That?

Guest Post by Willis Eschenbach

To start the four tales of the title, I noticed a couple of stories in the news lately about how critical inexpensive energy is for the poor. The first story said:

Wall Street may be growing anxious about the negative impact of falling oil prices on energy producers, but the steep declines of recent weeks are delivering substantial benefits to U.S. working-class families and retirees who have largely missed out on the fruits of the economic recovery.

Just last week, the U.S. Energy Information Administration estimated that the typical U.S. household would save $750 because of lower gasoline prices this year, $200 more than government experts predicted a month ago. People who depend on home heating oil and propane to warm their homes, as millions do in the Northeast and Midwest, should enjoy an additional savings of about $750 this winter.

“It may not have…

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