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Lower Oil Prices Mean Lower Energy Bills

By Solar energy | December 8, 2008

BELMONT, WI - MAY 10:  A sign about E85 fuel h...
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Lower Oil Prices Mean Lower Energy Bills

Oil prices are down. That means your home energy bill is down. I love lower energy bills!

Today the BBC American reports that OPEC is making efforts to keep oil prices from fall further. The OPEC cartel will meet December 17 and could reduce oil output “up to 2 million barrels per day.”

$147 a barrel oil prices back in July sent wise family budget watchers scurrying for alternative energy sources. Now that oil prices are lower, home energy budgets get a breather.

Some would argue we can wait to purchase solar and other alternative energy.

But in your heart-of-hearts you know oil prices won’t stay down forever. The oil cartel will find ways to manipulate oil prices to get what they want.

So if you’ve begun the solar energy journey, keep going.

It would be a relief to know your home energy supply does not rely on manipulating business practices.

It would be a liberating to know you were not dependent on oil from countries tied to terrorism.

It would feel good to know you have reduced your carbon footprint.

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