Cheap energy stalled by Obama
The US is the Saudi Arabia of gas. Gas is 4.5 cents per kw compared to 15 to 5o cents for solar. So why are we wasting billions of taxpayer dollars on solar?
By Michael Whipple, Editor usACTIONnews.com
US is the Saudi Arabia of gas. Gas is 4.5 cents per kw compared to 15 to 5o cents for solar. So why are we wasting billions of taxpayer dollars on solar?
The Obama administration seems to be doing everything it can to prevent energy production in the US. The economy runs on energy and rising energy costs work their way into almost every product and service. Before his election Obama promised his plan would make electricity rates ’skyrocket’. Since he took office the price of oil has skyrocketed 117% and gasoline has increased 67%. While talking big on energy independence and mythical “green” jobs Obama’s real energy agenda is pushed by his tyrannical EPA.
The cost per kilowatt of energy production is: Natural gas: 3.5-4.5 cents, Coal: 4-5 cents, Hydro: 4 cents, Nuclear: 8 cents, Wind: 7-9 cents, Solar: 15-50 cents. The only explanation for pumping hundreds of millions into the bankrupt solar industry is to continue fueling the campaign contributions of Obama supporters who rake in millions from this green scam.
This CNBC video points out the potential for cheap clean energy and thousands of jobs from domestic energy:
Can we afford four more years of Obama crippling our energy driven economy?
Electricity rates are poised to climb 40% – 60% as EPA’s new Air Toxics Standards for Utilities would be an early retirement of around 20% of coal plant capacity in the next five years or so. Just as Obama promised.
It is economic suicide to use a disproved theory of global warming as an excuse to minimize energy production of our own US resources. The EPA is waging a war on oil.
We have an administration that ignores the will of the people and its congress and seems to be doing all it can to destroy jobs and the economy while promising to make jobs and economic growth its first priority. Are we going to believe what they say or what they do?
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