your Daily Profit issue [Daily Profit]( WARNING: America Just Broke the Power Grid [By Ian Wyatt] By Ian Wyatt
Tuesday, July 5, 2022 Bad news⦠Expect to see your electric bill jump 40% this year. And it gets even worse⦠In addition to paying a lot more for your electricity â you can expect power shortages and blackouts during the summer heatwave. But I have some good news. Thereâs a solution. Whatâs the solution? Itâs a $4 billion project underway in southwest Wyoming. [Go here for the full story.]( Letâs dig into the two big issues⦠The first problem is that your electric bill is increasing. The typical American household paid $122 per month for electricity last year. This year weâve seen soaring oil and gas prices â primarily due to the war in Ukraine. That pulled a ton of supply off the market â and sent prices jumping. Today, youâre feeling the effects with your electric bill. Natural gas is a critical fuel that provides 38% of electricity in America. And the price of nat gas has jumped from $3 to $8 in the last year. Utilities are simply passing the higher costs on to their customers. Just look at these price jumps in major U.S. metro areas: - +26% in Boston
- +28% in Dallas
- +38% in Miami California has already seen a 25% jump in electricity costs. And the price could increase another 25% by July. Higher costs are hitting regular Americans â especially lower- and middle-class folks. And retirees who are on a fixed income. [Warren Buffett Sparks Next 7,950% Energy Stock Winner.]( A small town of 3k people in Wyoming could transform Americaâs energy grid. And it could help hand windfall profits of 1,368%... 3,004%... Even 7,950% to early investors. [Go here for full details (itâs FREE).]( The second big problem is that we simply donât have enough electric power generation. Utility companies have been closing down outdated coal and oil power plants for years. Their goal is to [replace these with âgreen energyâ]( â like solar, wind and hydro power. However, the adoption to green energy is going slower than expected. Plus, weâre seeing increased demand for electricity. Thatâs happening because more people are working from home and new technologies such as electric vehicles (EVs) create more demand. This means the power grid is simply stretched to the limits. Wildfires in California or heatwaves this summer can reduce capacity or increase demand. And if that happens â you can expect rolling blackouts across America. It could one of the hottest summers on record. And thatâs likely going to strain an already maxed out electric grid. - The Texas grid operator orders customers to keep thermostats at +78 degrees
- California Public Utilities is rushing to find new sources of electricity â and warning that it will not have enough
- One Midwest utility is telling customers to expect rolling power outages this summer Frankly, this is what youâd expect in a developing county. But we donât expect to see this in the U.S.A. OLD technologies canât solve the problem. Thatâs why Bill Gates and Warren Buffett are working on a next generation energy project. In fact, the Microsoft (NASDAQ: MSFT) founder has spent the last 16 years developing this breakthrough technology. And last year he partnered with Warren Buffettâs Berkshire Hathaway (NYSE: BRK-B). Theyâre investing over $2 billion to build a next generation power plant. And it could be the MODEL for clean, safe, cheap and reliable power across America. Thatâs why the Department of Energy is also [investing $2 billion in this project.]( Itâs critical that you get all the details â and get positioned right now. [Simply click here for urgent details.]( Yours in Wealth,
[Ian Wyatt]
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