Americans Enjoy Cheaper Gas, But Utility Bills’ Climb Threatens the GOP
Rising electricity costs are linked to spread of data centers to power AI projects.
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I’m Ben Holland, an economics editor in Washington. Today we’re looking at the rising cost of US utility bills. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
The US attack on Venezuela is generating a lot of speculation about long-run consequences for oil markets. But in a US election year, the more immediate and politically crucial question is what’s the prospect for the energy costs consumers pay right now.