Copper Theft Slowing

spot-copper-5y-Large An upside to the decline in worldwide copper prices from recent peaks is that copper thefts are slowing, least in southern California. People are apparently no longer cutting power lines, stealing piping or blowing up irrigation systems, all of which were happening regularly at the peak.

Check these figures from San Diego Gas & Electric on power line theft incidents per year:

2007: 51

2008: 13

2009 (ytd): 0

[via SOSD]

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