Forbes and Bloomberg news sites are denying it, or just watching. Talk about a burrrrn, people go economic crazy for Gas, and then China switches to electric, that's a burrrrn dude. Major Burn! That's like eating and getting the guy next to you to pay the bill.
What will be interesting is if Electricity companies in the States start trying to be the new Barons. They already cheat the Americans. Electricity is dirt cheap. The whole reason why Industries are switching to electric is because it's DIRT cheap, easy to make, and no reliance on foreign imports.
Electricity companies in the States charge 200.00 for 500wats, something like that. Average one bedroom about 100.00 a month. Oncor Electricity is the worst! Stealing from their own nation, pathetic.
