Alabama’s energy cost ranks in the middle of the country, according to a new study released by .The council’s report ranks Alabama 23rd among the 50 states, tied with Ohio.The index ranks states according to two major energy costs affecting small businesses, individuals and families: The price of regular gasoline at the pump and the cost of electricity.
Raymond Keating, the council’s chief economist and author of the report, said making energy more affordable and abundant should be a key objective for policy makers to help small businesses survive the current economic turmoil.
“In tough economic conditions such as these, elected officials at all levels of government need to be aware of how their policies impact energy costs, and in turn small businesses,” Keating said in a news release.
According to the index, the lowest cost states are: 1) Wyoming; 2) Idaho; 3) Utah; 4) Kentucky; and 5) West Virginia.
The highest cost states are: 46) Massachusetts; 47) Rhode Island; 48) Alaska; 49) Connecticut — tied with New York — and 50) Hawaii.
Friday, April 10, 2009
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