by Roby Brock (roby@talkbusiness.net)
As inflation eats into family and business budgets, energy is one component of the economy that has been driving higher prices. Two energy leaders – Chad Kinsley, VP of operations for Black Hills Energy, and Lauren Waldrip, executive director of the Arkansas Advanced Energy Association, shared their perspectives in Talk Business & Politics’ latest State of the State report on energy.
Kinsley, whose company provides natural gas across north Arkansas, said the COVID-19 pandemic disrupted the supply and demand balance that had kept energy prices stable and low.
“We’re seeing inflation across all aspects of the economy and natural gas commodity prices, like you mentioned, certainly are no exception. Unfortunately, that’s impacting our customer’s bills and kind of a short answer is, it’s supply and demand in the marketplace,” Kinsley said…