Let's get some facts about the oil & gas prices

First off, AEL&P's crisis has nothing to do with prices rising...At all, anyone that pays any attention to the news knows that the barrel price for crude reached $120 with no signs of slowing down. That Juneau, is why prices are so high and climbing. Unfortunately, they aren't gonna go back down. If they do, it won't be significant.

A far as AEL&P goes...

This is the latest!

From KINYRADIO web site

A-E-L & P files for emergency rate adjustmentAlaska Electric Light and Power has filed for an emergency cost of power adjustment with the Regulatory Commission of Alaska.That's covered in regulations adopted in August of 1998 when Snettisham was transferred from federal to state control.It enables the utility to recover the cost of fuel necessary to generate power in the event of a Snettisham shutdown.Cost adjustments are subject to commission review and approval.A-E -L and P Director of Consumer Affairs Gayle Wood says the utility's request is 42 point 9 cents per kilowatt hour.That would bring a residential customer's rate for the month of May up to 52 point 5 cents per kilowatt hour.That represents a 447 percent increase over the current 11 cent kilowatt rate.For a residential customer consuming 1,000 kilowatts per month the new rate would result in an overall increase from $125.43 per month to $561 per month.Wood says customers, whose bills go out in early May, will be seeing consumption from early April, before the avalanches occurred April 16th, into early May.
Wood says according to the rules of the utility's tariff, the cost of power adjustment must go into effect on the 1st of May.She says there's "not any wiggle room as they see it" to change that rule.Wood says, over time, it kind of balances out.Every month the utility will be establishing a new cost of power adjustment rate.June's rate is likely to be reduced slightly, to 38 to 42 cents per kilowatt hour.She says those customers that had their meter read the first of May will be the first to receive the reduced rate for June usage.The rate can be recalculated every 30 days.Wood says it will be adjusted for the estimated cost of fuel over the next 30 day period and estimated sale of kilowatt hours.She says strong conservation and increasing daylight will help to bring the costs down.Avalanches took out the Snettisham line last Wednesday, April 16th, severing Juneau from the vast majority of its cheap hydroelectric power.

Listening to NPR again I heard this interesting story: (shooting my right wing cred)

www.npr.org/templates/story/story.php?storyId=89893155

To sum it up...Biofuels are wiping out the worlds food supplies...Thats right! These idiots are wiping out food crops and destroying rain forests to make fuel that is more expensive, not as efficient, and that makes a much bigger environmental footprint than fossil fuels...The bottom line is that you are being taken to the cleaners for falling in to this crap...Even the hybrid cars have a negative overall energy value from the amount of petroleum used to make the plastic in them as well as the energy used to charge their batteries.