Electricity Prices On The Rise Thanks To Obama
May 23, 2012 4 Comments
In 2008 candidate Obama brazenly told the San Francisco Chronicle that he wanted energy prices to skyrocket. He specifically said that he wanted to bankrupt anyone who attempted to build a new coal power plant. Obama wasn’t able to pass Cap & Trade legislation which would have aided in his effort to bankrupt the coal industry. But we should never forget that Obama much prefers to do things unilaterally and in this case he’s done just that. Obama has created new regulations which have caused a number of coal plants which produce electricity for many Americans to go offline. He’s achieved his purposes without Congressional action.
The result for Americans? Coal powered electricity is down from 44.6% last year to just 36% this year, all thanks to Obama’s new regulations. There has been no increase in output from other electric sources, be they nuclear, wind or water to offset the loss of coal. As such, prices are set to rise, especially in areas where there were more forced coal plant closings. Northern Ohio in particular has been extremely hard hit by coal plant closings thanks to Obama. Unfortunately most in Ohio won’t notice it until their electric prices increase substantially after the election.
None of this should be a surprise to anyone who actually paid attention to what Obama said he was going to do in 2008. But for the many Americans who went along with hope and change and the novelty of electing a black president you have to wonder if they knew massive electricity price increases were part of the ‘fundamental transformation’ of the nation Obama talked about. Likely not. These electric price increases are 100% thanks to Obama and his policies. Electricity prices were on the downward swing when he entered office because of new technology (not green).
With the substantial increase in electricity prices, you have to wonder what energy industry that Americans rely on Obama will attack next. Gas prices have doubled since he took office, so that’s off the list unless he wants them to double again. How about natural gas? Natural gas prices have plummeted over the last decade thanks to shale drilling. The left originally loved shale drilling because it’s clean and non-intrusive. Of course when natural gas prices dropped the left turned on natural gas and now they complain about shale drilling. Perhaps this is next on Obama’s anti-energy crusade.
President Obama is the most anti-energy President we have ever had. He bragged before he got elected about how he was going to destroy the coal industry and make prices increase. So far he’s done just that. Obama alone is responsible for the increase in your electricity bill. It is Obama and his regulators who have closed coal plants throughout the east and midwest. It is Obama who wants to bankrupt coal companies. It is Obama who bragged that energy prices were going to increase. It is Obama who you can blame when the electric bill increases, just like you can blame him for the price of gas for your car. It is Obama who refuses to drill, it is Obama who refuses to sign off on Keystone etc.
Obama hates energy. He hates the wealth that energy has created for this country. If he isn’t an Earth worshipper, he’s at least someone who has been bought by the Earth worshippers. But these people really aren’t about Earth first. They’re about socialism and control. Obama’s energy policy is about making us dependant on the government. Make no mistake, when electricity prices get high enough the left will clamor for the government to either take over the electricity industry or they’ll demand massive government subsidies. Either way, we’ll be dependant on the state. That’s what they’re after at the end of the day. Obama wants higher energy costs, he so much as said so in 2008. His reason is to make the average American dependant on the state.