At the annual shareholder meeting of Vectren, Chairman and Chief Executive Officer Niel C. Ellerbrook predicted that energy prices will continue to experience immense pressure in coming years. "From gasoline to natural gas, our nation's energy prices continue to reach new levels of what's considered 'normal' pricing," Ellerbrook said.
Unfortunately the upward pressure will only get worse. Worldwide demand for energy will increase immensely, especially from India and China. This in turn will increase the price of all natural energy and all countries are competing in the same market for the same products. The solution to the energy crisis is to re-think of how we presently use our energy and what we can do to change or substitute the energy source. This of course will take a lot of time.
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