Fifty years ago, uranium fever hit Wall Street. It was then just a few years after a Navajo shepherd in New Mexico, by the name of Paddy Martinez, discovered yellow rocks on his property, mistaking them at first for gold. An avalanche of 1950s dollars (more valuable than the ones we have today) poured into mutual funds and uranium mining stocks, sending their values to astronomical levels. Get ready for déjà vu all over again, as Yogi Berra once said. Trend spotter, James D…
Will Chinas New Five-Year Plan Force U.S. Utilities to Ration Your Electricity?
Taking your electrical needs for granted? A new five-year plan announced by the Chinese government may put the reliability of your electrical supply at risk. China may snap up all the available uranium over the next few years. U.S. utilities depend upon uranium to power their nuclear reactors, which provide 20% of your electricity.
Sales Tax On Electricity: Does Your Business Really Owe It…Or Not?
One of the most common overcharges we encounter is in the area of sales tax. We find that many non-taxable uses of electricity are taxed, anyway. Evidently electric companies — at least some of them — elect to play it safe: when in doubt they collect the tax and turn it over to the taxing authority, whether its owed or not.