Cars aren't pulled around by horses. Women aren't slimmed down by corsets. Men don't shine their hats with mercury. But the same fuel that's electrified our nation for over a century is still going strong.
Mega-utilities such as FirstEnergy Corp. (NYSE: FE ) and American Electric Power Company (NYSE: AEP ) continue to rely on this fuel for the majority of their electricity generation -- and they don't seem to be in any hurry to change.
Check out the following slideshow to discover which fuel we still use to turn on the lights, and why certain companies are as happy as ever to keep using it to pull their power.
Do you know this energy tax "loophole"?
You already know record oil and natural gas production is changing the lives of millions of Americans. But what you probably haven't heard is that the IRS is encouraging investors to support our growing energy renaissance, offering you a tax loophole to invest in some of America's greatest energy companies. Take advantage of this profitable opportunity by grabbing your brand-new special report, "The IRS Is Daring You to Make This Investment Now!," and you'll learn about the simple strategy to take advantage of a little-known IRS rule. Don't miss out on advice that could help you cut taxes for decades to come. Click here to learn more.