The U.K. chainsaw cabling massacre

Bloomberg is reporting that over the course of a week, thieves in England used chainsaws to cut down as many as 14 utility poles, then stole the copper-based electrical wiring that the poles supported.

In the neighborhood of 7,000 customers lost power in the period between July 24 and July 31 because of the destruction.

Without witnesses, there's no saying whether or not the pole destruction went anything like this.

In its story, Bloomberg reported that copper prices climbed to a three-month high on August 2 after figures were released showing that U.S. construction spending experienced an unexpected 0.1-percent jump in June.