Three Myths About Energy in America

For most population centers across the lower 48 states, consumers' prices for natural gas and electric power are set by the free markets. Energy wholesalers deliver their product to auctions, the lowest offers win, the highest offers are rejected, and everything in between shares margins.

Not only is energy auctioned, but the utility's right to use assets is also auctioned. In particular, reservations to use pipelines, transmission lines and power plants are also auctioned....698 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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