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The price of electricity in the United States for May was 13.1 cents per kilowatt hour (KWH), which is the highest it has been on record for that month, according to data from the Bureau of Labor Statistics (BLS), which tracks the price going all the way back to 1984.
Thirteen cents per KWH is the highest price for the month of May in 29 years, according to the BLS numbers.
These price data come at a time when President Barack Obama has announced a “new national climate action plan” to reduce carbon dioxide emissions to combat alleged man-made global warming and spend more federal money on “clean energy” projects. The coal industry, which produces about 45% of the electricity in America is expected to be the hardest hit by the federal regulations, raising its costs and the cost of electricity for consumers. Sen. Joe Manchin (D-W.Va.) said that Obama’s plan is “a war on America” because the regulatory burden and costs will severely damage the U.S. coal industry.
Energy costs soaring, unemployment and economic grow in the toilet, and what do we see, Obama starting his war on coal, his war on CO2, and giving away $7 billion to other countries to improve their energy production.
The price of electricity in the United States for May was 13.1 cents per kilowatt hour (KWH), which is the highest it has been on record for that month, according to data from the Bureau of Labor Statistics (BLS), which tracks the price going all the way back to 1984.
Thirteen cents per KWH is the highest price for the month of May in 29 years, according to the BLS numbers.
These price data come at a time when President Barack Obama has announced a “new national climate action plan” to reduce carbon dioxide emissions to combat alleged man-made global warming and spend more federal money on “clean energy” projects. The coal industry, which produces about 45% of the electricity in America is expected to be the hardest hit by the federal regulations, raising its costs and the cost of electricity for consumers. Sen. Joe Manchin (D-W.Va.) said that Obama’s plan is “a war on America” because the regulatory burden and costs will severely damage the U.S. coal industry.
Energy costs soaring, unemployment and economic grow in the toilet, and what do we see, Obama starting his war on coal, his war on CO2, and giving away $7 billion to other countries to improve their energy production.
So if energy prices go up, it's Obama's fault, but if it goes down it's not Obama's fault?
Nope- either way he enacts policies which can effect electricity and gasoline prices, for better or worse.
One simply needs to look at gas prices and electricity prices in the Bush administration. Only a fool would believe that waging a war on coal (which accounts for the lion's share of electricity in the US) and banning drilling on federal land would LOWER energy costs. That "fool" would be a liberal.
Thankfully, drilling on private lands, INSPITE OF OBAMA, has helped to increase oil production, although it has not achieved 1980s levels.
That was the disaster left to us by Jimmy Carter I, Obama is Jimmy Carter II
Reagan was still blaming Jimmy Carter after four years of being president?!?
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