Posted by Brian
Lost in the fog of the 2012 Presidential campaign is what the state of power is going to be in less than three years.
This is one campaign promise that Obama has definitely fulfilled. In 2008, Obama stated "electricity prices would necessarily skyrocket" under his plan of cap and trade. Unable to get Cap and Trade legislation through Congress, Obama has unleashed the EPA on the coal industry.
The result? 212 coal plants shut down by 2015, eliminating over hundreds of megawatts of electrical production. Coal mines are being shut down all over the country. Ohio, West Virginia, and the other coal-producing states are being hit especially hard. Tens of thousands of jobs are being eliminated in the coal industry, and supporting industries. These coal mines, once abandoned, cannot be reopened due to deterioration of the mine. The loss of this power production will also have a devastating effect on the manufacturing industry as a whole. You can't produce goods if there is no power.
A recent capacity auction saw 2015 power go for $167 per megawatt. The price for 2012 was $36. An 800% increase!
Obama is sacrificing the industrial might of the United States for his core belief of the inherent unfairness of America in the world. What better way to "even the playing field" than removing our ability to compete economically on the world stage? His solar and windmill energy policy is risking America's future on the belief that the sun will shine, and the wind will blow 24/7.
The damage that Obama is wreaking on this country is now such, that some of it will not be able to be undone, as with the coal mines. It has never been more important to defeat Obama in November than it is now if we are to turn around those things which we are able to, and minimize the future damage of his policies.
Are you listening Ohio?
Mine Succumbs To Obama's War On Coal, Ohio
Higher Future Electricity Prices Expected
Showing posts with label Energy Prices. Show all posts
Showing posts with label Energy Prices. Show all posts
10/02/2012
7/07/2011
Obama EPA Destroying Coal Industry, 1.4 Million Jobs
Posted by Brian
New EPA rules to devastate coal industry
Published: 6:07 PM 07/07/2011
The coal industry is crying foul over new Environmental Protection Agency (EPA) regulations which they say will be among the most be costly rules ever imposed by the agency on coal-fueled power plants.
The result, industry insiders say: substantially higher electricity rates and massive job loss.
“The EPA is ignoring the cumulative economic damage new regulations will cause,” said Steve Miller, president and CEO of the American Coalition for Clean Coal Electricity (ACCCE). “America’s coal-fueled electric industry has been doing its part for the environment and the economy, but our industry needs adequate time to install clean coal technologies to comply with new regulations. Unfortunately, EPA doesn’t seem to care.”
Read more: http://dailycaller.com/2011/07/07/new-epa-rules-to-devastate-coal-industry/#ixzz1RSeVZN2X
New EPA rules to devastate coal industry
Published: 6:07 PM 07/07/2011
The coal industry is crying foul over new Environmental Protection Agency (EPA) regulations which they say will be among the most be costly rules ever imposed by the agency on coal-fueled power plants.
The result, industry insiders say: substantially higher electricity rates and massive job loss.
“The EPA is ignoring the cumulative economic damage new regulations will cause,” said Steve Miller, president and CEO of the American Coalition for Clean Coal Electricity (ACCCE). “America’s coal-fueled electric industry has been doing its part for the environment and the economy, but our industry needs adequate time to install clean coal technologies to comply with new regulations. Unfortunately, EPA doesn’t seem to care.”
Read more: http://dailycaller.com/2011/07/07/new-epa-rules-to-devastate-coal-industry/#ixzz1RSeVZN2X
Related articles
- New Analysis Finds EPA's Power Plant Regulations Would Increase Electricity Costs; Lose Jobs (pumabydesign001.wordpress.com)
- Media only knows the coal industry for its accidents (bokertov.typepad.com)
- Why Does Obama Want To Shut Down the Coal Industry? (kajunman.wordpress.com)
6/11/2011
"Green" Mandates Costing Families $320 Annually
Posted by Brian
How do you drive a stake through the heart of an economy already struggling to bounce back from a global recession? Double down on inefficient, job-killing green technologies. While President Obama is destroying the coal and oil industries in the U.S., a former British Chancellor is sounding the warning to the British government that wind-farms and mandates on reducing carbon emissions will severely cripple their economy.
Hopefully, the blowback against the enviro-marxists has begun, and will migrate across the pond.
It's time this Government grew up over climate change, says Nigel Lawson
By Political Reporter
Last updated at 4:07 AM on 11th June 2011
The Coalition’s obsession with climate change is damaging Britain’s recovery from recession, former Tory chancellor Nigel Lawson warns today.
Writing in the Daily Mail, Lord Lawson delivers a scathing assessment of David Cameron’s so-called ‘green agenda’ and says it is ‘time this Government grew up’.
Lord Lawson, one of the most respected Tory figures of recent decades, accuses the Prime Minister of risking Britain’s economy to make a ‘symbolic’ point.
In a devastating verdict he writes: ‘The Government’s highly damaging decarbonisation policy, enshrined in the absurd Climate Change Act, does not have a leg to stand on. It is intended, at massive cost, to be symbolic: To make good David Cameron’s ambition to make his administration “the greenest government ever”.
‘My dictionary defines green as “unripe, immature, undeveloped”.’
His comments came after former Civil Service chief Lord Turnbull accused ministers and officials of pandering to global warming ‘alarmists’ and piling huge, unnecessary costs on ordinary families.
READ MORE HERE---> http://www.dailymail.co.uk/news/article-2002333/Nigel-Lawson-says-Coalitions-absurd-energy-policy-damaging-industry-adding-hundreds-pounds-familys-fuel-bills.html#ixzz1OyxaZ7Vd
How do you drive a stake through the heart of an economy already struggling to bounce back from a global recession? Double down on inefficient, job-killing green technologies. While President Obama is destroying the coal and oil industries in the U.S., a former British Chancellor is sounding the warning to the British government that wind-farms and mandates on reducing carbon emissions will severely cripple their economy.
Hopefully, the blowback against the enviro-marxists has begun, and will migrate across the pond.
![]() |
| Beautiful vista mucked up by a bird-killing wind farm |
By Political Reporter
Last updated at 4:07 AM on 11th June 2011
The Coalition’s obsession with climate change is damaging Britain’s recovery from recession, former Tory chancellor Nigel Lawson warns today.
Writing in the Daily Mail, Lord Lawson delivers a scathing assessment of David Cameron’s so-called ‘green agenda’ and says it is ‘time this Government grew up’.
Lord Lawson, one of the most respected Tory figures of recent decades, accuses the Prime Minister of risking Britain’s economy to make a ‘symbolic’ point.
In a devastating verdict he writes: ‘The Government’s highly damaging decarbonisation policy, enshrined in the absurd Climate Change Act, does not have a leg to stand on. It is intended, at massive cost, to be symbolic: To make good David Cameron’s ambition to make his administration “the greenest government ever”.
‘My dictionary defines green as “unripe, immature, undeveloped”.’
His comments came after former Civil Service chief Lord Turnbull accused ministers and officials of pandering to global warming ‘alarmists’ and piling huge, unnecessary costs on ordinary families.
READ MORE HERE---> http://www.dailymail.co.uk/news/article-2002333/Nigel-Lawson-says-Coalitions-absurd-energy-policy-damaging-industry-adding-hundreds-pounds-familys-fuel-bills.html#ixzz1OyxaZ7Vd
Related articles
- Santorum: Man Responsible for Climate Change is "Patently Absurd" (treehugger.com)
6/08/2011
Finally! A Campaign Promise That Obama Has Kept
Posted by Brian
Obama is finally keeping a promise that he made on the campign trail in 2008. The Obama EPA is causing electricity rates to skyrocket with new regulations on the coal industry.
Here is what he said:
For those of you who voted for him expecting free gas and that he would pay your mortgage with all that "Obama money", here is your hope and change..
Coal Regs Would Kill Jobs, Boost Energy Bills
By Paul Bedard
Posted: June 8, 2011
Two new EPA pollution regulations will slam the coal industry so hard that hundreds of thousands of jobs will be lost, and electric rates will skyrocket 11 percent to over 23 percent, according to a new study based on government data.
Overall, the rules aimed at making the air cleaner could cost the coal-fired power plant industry $180 billion, warns a trade group.
READ MORE HERE---> http://www.usnews.com/news/blogs/washington-whispers/2011/06/08/coal-regs-would-kill-jobs-boost-energy-bills
Obama is finally keeping a promise that he made on the campign trail in 2008. The Obama EPA is causing electricity rates to skyrocket with new regulations on the coal industry.
Here is what he said:
For those of you who voted for him expecting free gas and that he would pay your mortgage with all that "Obama money", here is your hope and change..
Coal Regs Would Kill Jobs, Boost Energy Bills
By Paul Bedard
Posted: June 8, 2011
Two new EPA pollution regulations will slam the coal industry so hard that hundreds of thousands of jobs will be lost, and electric rates will skyrocket 11 percent to over 23 percent, according to a new study based on government data.
Overall, the rules aimed at making the air cleaner could cost the coal-fired power plant industry $180 billion, warns a trade group.
READ MORE HERE---> http://www.usnews.com/news/blogs/washington-whispers/2011/06/08/coal-regs-would-kill-jobs-boost-energy-bills
Related articles
- Death By A Thousand Rules: EPA's Drive To Kill Coal - HUMAN EVENTS (gds44.wordpress.com)
- Coal Regs Would Kill Jobs, Boost Energy Bills (usnews.com)
5/26/2011
"Big Oil" Profits Average 5.7 Cents On The Dollar
Posted by Brian
"Big Oil" vs "Big Bureaucracy"
When politicians and their standard bearers, the mainstream media, speak of "obscene" profits by the oil industry they invariably frame their argument in terms of dollars. Lots of dollars. Billions of dollars. But, as a percentage of gross income, how much do the oil companies actually take in? For that matter, how much does the federal government take in from the same gallon of gasoline?
Liberal Democrats (which is virtually all Democrats, anymore), the media, and RINO Republicans love to trot out quarterly earnings statements from the oil companies to "prove" how much the "eeevil" oil barons are screwing you. But the fact is this: Oil companies make far less, as a percentage of gross, than most other industries. The take in a lot of dollars because they are multi-national companies which do business all over the world. And, the sell a lot of their product. But their total margin at the end of the day is only 5.7 cents for every dollar of gas pumped - or 22.8 cents at $4 a gallon. Compare that to the 56 cents that the federal government confiscates from each gallon sold, of which they have zero impact in getting the fuel into your gas tank. The government does NOT: find the oil, drill for the oil, pay for the oil, ship the oil, refine the oil, or deliver the gas to market. It does Zip. Zero, Nada. Yet the federal government collects 14% off the top in excise taxes alone. This does not include state or federal sales taxes. The only thing that government contributes is higher prices through taxes, and a bureaucratic minefield of insane regulations on where to drill, when to drill, how much who can drill and God knows what else. Add to this the fact that the government and environmental groups have stood in the way of companies building any new oil refineries since the 1970's, creating a virtual cap on the amount of gas that can be refined, artificially affecting the supply component of supply and demand.
Finally, the big oil executives do not own the oil companies. This is the impression that those in the media and grandstanding politicians want the public to believe. They bring the CEO's before Congress to grill them in hearings (media circus's to allow politicians to show us how much they "care"), and hold investigations into price gouging by the oil companies (which in every instance has exonerated the oil companies). The truth is that the public own the vast majority of the oil companies, through 4011K's, mutual funds and individual stock investors.
If you are upset with high gas prices, maybe it's time to get upset with "Big Bureaucracy".
Who Owns ‘Big Oil'? Not Who You Think
Thursday, May 26, 2011
By Penny Starr
(CNSNews.com) -- Armed with a Power Point presentation to illustrate the state of American energy, John Felmy, chief economist at the American Petroleum Institute (API), said the majority of “big oil” and natural gas ownership is in good hands – the hands of the American people.
According to a report published in 2007 by Sonecon, an economic advisory firm that analyses U.S. markets and public policy, corporate management owns only 1.5 percent of the U.S. oil and natural gas industry.
READ MORE HERE---> http://www.cnsnews.com/news/article/who-owns-big-oil-millions-american-inves
"Big Oil" vs "Big Bureaucracy"
When politicians and their standard bearers, the mainstream media, speak of "obscene" profits by the oil industry they invariably frame their argument in terms of dollars. Lots of dollars. Billions of dollars. But, as a percentage of gross income, how much do the oil companies actually take in? For that matter, how much does the federal government take in from the same gallon of gasoline?
Liberal Democrats (which is virtually all Democrats, anymore), the media, and RINO Republicans love to trot out quarterly earnings statements from the oil companies to "prove" how much the "eeevil" oil barons are screwing you. But the fact is this: Oil companies make far less, as a percentage of gross, than most other industries. The take in a lot of dollars because they are multi-national companies which do business all over the world. And, the sell a lot of their product. But their total margin at the end of the day is only 5.7 cents for every dollar of gas pumped - or 22.8 cents at $4 a gallon. Compare that to the 56 cents that the federal government confiscates from each gallon sold, of which they have zero impact in getting the fuel into your gas tank. The government does NOT: find the oil, drill for the oil, pay for the oil, ship the oil, refine the oil, or deliver the gas to market. It does Zip. Zero, Nada. Yet the federal government collects 14% off the top in excise taxes alone. This does not include state or federal sales taxes. The only thing that government contributes is higher prices through taxes, and a bureaucratic minefield of insane regulations on where to drill, when to drill, how much who can drill and God knows what else. Add to this the fact that the government and environmental groups have stood in the way of companies building any new oil refineries since the 1970's, creating a virtual cap on the amount of gas that can be refined, artificially affecting the supply component of supply and demand.
Finally, the big oil executives do not own the oil companies. This is the impression that those in the media and grandstanding politicians want the public to believe. They bring the CEO's before Congress to grill them in hearings (media circus's to allow politicians to show us how much they "care"), and hold investigations into price gouging by the oil companies (which in every instance has exonerated the oil companies). The truth is that the public own the vast majority of the oil companies, through 4011K's, mutual funds and individual stock investors.
If you are upset with high gas prices, maybe it's time to get upset with "Big Bureaucracy".
Who Owns ‘Big Oil'? Not Who You Think
Thursday, May 26, 2011
By Penny Starr
(CNSNews.com) -- Armed with a Power Point presentation to illustrate the state of American energy, John Felmy, chief economist at the American Petroleum Institute (API), said the majority of “big oil” and natural gas ownership is in good hands – the hands of the American people.
According to a report published in 2007 by Sonecon, an economic advisory firm that analyses U.S. markets and public policy, corporate management owns only 1.5 percent of the U.S. oil and natural gas industry.
READ MORE HERE---> http://www.cnsnews.com/news/article/who-owns-big-oil-millions-american-inves
5/16/2011
Ahmadinejad: New President Of OPEC?
What could possibly go wrong?
Iran president takes over oil ministry temporarily
Mon May 16, 3:25 am ET
TEHRAN (AFP) – Iranian President Mahmoud Ahmadinejad said he has temporarily assumed the duties of the oil ministry, as the oil cartel OPEC prepares for a biannual meeting in Vienna.
"For now, I myself am the caretaker of the oil ministry," Ahmadinejad said in a televised speech late Sunday, without elaborating.
READ MORE HERE---> http://news.yahoo.com/s/afp/20110516/bs_afp/iranoilopec_20110516072527
Related articles
- Ahmadinejad Asks Three Iran Ministers to Step Down Amid Mergers (businessweek.com)
- Crude Oil Declines; Ahmadinejad Takes Over Iran's Oil Ministry - BusinessWeek (news.google.com)
- Iran president dismisses criticism of appointments (seattletimes.nwsource.com)
5/08/2011
Nancy Pelosi Wants To Kill Seniors and the Poor
Yes. You read me right. Nancy Pelosi, the biggest political hack to ever hold the positions of Speaker of the House, is advocating the killing of senior citizens. And the poor. And Children. Women and minorities will be hardest hit under her plans, as they have been under every liberal plan since FDR and Lyndon Johnson's "Great Society.
Normally, this is the cry of the liberals and progressives in the Democrat Party to any cuts proposed by conservative Republicans. But, as Joe Biden likes to say, "facts are stubborn things".
Lyndon Johnson's "War on Poverty" has been an unmitigated disaster. We have spent well in excess of $7 trillion since 1964 on this "war" and what is there to show for it?
Nearly one-quarter of ALL blacks (23%) live below the poverty line.
62% of black households are single parent homes.
Over 1 in 2 Americans receive some form of government benefit.
According to the Heritage Foundation, the U.S. spends 13 times the amount it spent on welfare in the 1960s—about four times the amount needed to pull every poor family out of poverty. However, welfare programs have failed to address the causes of poverty, and the federal poverty rate remains nearly unchanged.
In fact, nearly every statistic related to poverty has increased since Johnson's "War on Poverty" - crime, out of wedlock biths, abortion, fatherless families, people on food stamps, welfare, WIC, etc. The list goes on and on. It's a national tragedy.
Right on cue, here is Nancy Pelosi, once again going before the microphones attempting to scare the hell out of seniors, many poor and on fixed incomes. Pelosi returns to her hack playbook to slam "Big Oil", a predictable target, and to revisit the worn out tactic of putting seniors in a panic over losing Medicare coverage.
Two problems: One is that the Paul Ryan plan she is attacking doesn't touch Medicare for those over 55 years old. Medicare for that age dynamic stays exactly the same. No vouchers. No cuts. The same cannot be said for Obama's healthcare plan, which Pelosi enthusiastically pushed through, and in which Pelosi famously stated: "We need to pass the bill so that you can find out what is in it."
"What is in it" is billions of dollars in cuts to Medicare, which are transferred to Medicaid. Can you say rationing of services?
Two is the predictable bogeyman, "Big Oil", of whom she and the Democrats continuously hold up as the root of all problems that we face. The oil companies pay about $100 million dollars a day to the federal government in taxes. It is laughable that the Democrats repeatedly trot out the claim that this industry doesn't pay taxes. I know, theoretically they don't, as increases in their overhead costs get passed on to the consumer. In reality, you and I pay those taxes through higher prices at the pump. Now, Pelosi is not stupid. She knows this. Yet, she can't help herself. Progressives in this country have successfully demonized an industry which literally drives the entire economy. And they do it at the expense of those they supposedly care about - the elderly and the poor.
If Pelosi and the Democrats are successful in eliminating tax breaks for the oil industry, gas, heating oil, and diesel will jump in price. In fact, the "trickle down" effect is higher prices in food, clothing, electricity, and other goods and services. In effect, higher costs across the board.
What effect would this have on the poor and the elderly, especially in those states where heating oil is a staple in the winter? The thought of elderly people on fixed incomes, and poor families having to make the choice between food and not freezing to death in the winter, is a tough thought for too many Americans to envision.
Raising taxes, increasing regulations, and blocking new drilling and refineries through EPA mandates will only create higher prices, putting a greater strain on those who are already making tough budget decisions, juggling bills, and pinching pennies to survive month to month.
So Nancy, why do you and the rest of the Democrats want to kill seniors, children, and poor minorities?
Related articles
- Pelosi rips Ryan's budget (thehill.com)
- Pelosi: There is a war on women (politicalticker.blogs.cnn.com)
- Pelosi calls GOP budget 'a war on women' (politico.com)
4/30/2011
Gas Prices: Dems Blame You!
Posted by Brian
The Road To $7 Gas
Back in 2008, when gas prices briefly cracked the $4 mark, Nancy Pelosi told the American people that the high prices were the result of have "two oil men in the White House". Now that gas prices are approaching the $4 national average, and have gone over $4 in some states, Pelosi and the Democrats are strangely silent. Well, almost.
President Obama, when asked at a recent town hall meeting about gas prices, made light of the man and his question by laughing and telling the man that if he's driving a car getting 8 mile per gallon, maybe he should go out and buy a hybrid. In other words, it's your fault if your spending a lot on gas! Quite the contrast to Bill Clinton's "I feel your pain".
This President doesn't feel your pain, and has no intention of trying. He is a cold and calculating. The bottom line is this: He enjoys that gas prices are skyrocketing. It fits right into his overall energy agenda. Remember, then-Senator Obama stated in January 2008: "Under my plan of cap and trade, electricity rates would necessarily skyrocket". Whether it be electricity or gasoline, Obama wants the prices to increase - dramatically. Recently he stated that he wasn't concerned about gas prices going up, only that he was surprised how quickly it happened.
While he is making deals with Brazil to be a major exporter and drilling in the Gulf of Mexico, he is also loaning $2.84B to Columbia for expanding and upgrading refineries. Meanwhile, he and his administration are handcuffing oil companies from drilling, and building or upgrading refineries here in the U.S.
Now Obama has tapped what has become a politically tainted Justice Department to, surprise(!), investigate the oil companies for gouging the public on gas prices. This is the identical tactic that Democrats have used in the past, when gas prices go up. In every case, the investigations find that gouging has not occurred by the companies.
In all of his Alinsky-like glory, Obama has created a crisis and is now using the oil companies as his bogeyman, with the full knowledge that the media will dutifully demonize the companies as being at the root of the problem. Already we are hearing of the "obscene" profits being reported by the oil companies, with absolutely zero context as to the actual profit margin, or what would be even more shocking, how much the government takes in in taxes from gasoline sales.
Our high gas and energy prices are a direct reflection of this President and his socialist policies. He is about "hope and change" alright. He "hopes" that he can convince the American people to become so hostile towards the oil companies and to blame them for high energy prices that they will demand he do something. Anything. His "change" will be a state takeover of the companies, ala Hugo Chavez and Venezuela.
Another brick will have been placed on his way to building a socialist utopia.
The Road To $7 Gas
Back in 2008, when gas prices briefly cracked the $4 mark, Nancy Pelosi told the American people that the high prices were the result of have "two oil men in the White House". Now that gas prices are approaching the $4 national average, and have gone over $4 in some states, Pelosi and the Democrats are strangely silent. Well, almost.
President Obama, when asked at a recent town hall meeting about gas prices, made light of the man and his question by laughing and telling the man that if he's driving a car getting 8 mile per gallon, maybe he should go out and buy a hybrid. In other words, it's your fault if your spending a lot on gas! Quite the contrast to Bill Clinton's "I feel your pain".
This President doesn't feel your pain, and has no intention of trying. He is a cold and calculating. The bottom line is this: He enjoys that gas prices are skyrocketing. It fits right into his overall energy agenda. Remember, then-Senator Obama stated in January 2008: "Under my plan of cap and trade, electricity rates would necessarily skyrocket". Whether it be electricity or gasoline, Obama wants the prices to increase - dramatically. Recently he stated that he wasn't concerned about gas prices going up, only that he was surprised how quickly it happened.
While he is making deals with Brazil to be a major exporter and drilling in the Gulf of Mexico, he is also loaning $2.84B to Columbia for expanding and upgrading refineries. Meanwhile, he and his administration are handcuffing oil companies from drilling, and building or upgrading refineries here in the U.S.
Now Obama has tapped what has become a politically tainted Justice Department to, surprise(!), investigate the oil companies for gouging the public on gas prices. This is the identical tactic that Democrats have used in the past, when gas prices go up. In every case, the investigations find that gouging has not occurred by the companies.
In all of his Alinsky-like glory, Obama has created a crisis and is now using the oil companies as his bogeyman, with the full knowledge that the media will dutifully demonize the companies as being at the root of the problem. Already we are hearing of the "obscene" profits being reported by the oil companies, with absolutely zero context as to the actual profit margin, or what would be even more shocking, how much the government takes in in taxes from gasoline sales.
The left in this country uses the oil companies to further their leftist agenda, pitting them against the public to gain support for even higher taxes on both us and the oil companies. Socialist Senator Bernie Sanders (I-VT) said that the oil companies make huge profits while paying no taxes. This is a lie, but is in keeping with all the other lies that statists tell to dupe the public. The facts are that oil companies pay $86 million in taxes and production fees per
day to the government. They pay, on average a 41% tax, as compared to a 26% rate to other S&P industrial companies.Our high gas and energy prices are a direct reflection of this President and his socialist policies. He is about "hope and change" alright. He "hopes" that he can convince the American people to become so hostile towards the oil companies and to blame them for high energy prices that they will demand he do something. Anything. His "change" will be a state takeover of the companies, ala Hugo Chavez and Venezuela.
Another brick will have been placed on his way to building a socialist utopia.
Related articles
- Stop your cryin', Boehner and nail Obama to the wall on gas prices (bellalu0.wordpress.com)
- Boehner gas gaffe creates opening (politico.com)
- Gasoline$, EPA Blocked Drilling This Week!! (beawaretoday.wordpress.com)
- Obama reissues call to end oil company tax breaks (sfgate.com)
- Gas Gouging? President Announces Task Force (blogs.abcnews.com)
Subscribe to:
Posts (Atom)





