Thursday, March 29, 2012

A promise from Obama -- higher utility rates

"If someone wants to build a coal-fired plant, they can but we'll bankrupt them because they will be charged  a huge sum for the greenhouse gases  being emitted."  This is a direct quotation by Obama and it   can be seen and heard all over the internet.

That promise -- or threat -- is being carried out with the new regulations being imposed on coal-fired electric generating plants.  The Obama administration  is convinced this will keep any other such plants from being built and will begin to force others to close.  Remember when Obama made the promise to eliminate coal-fired plants, he also promised much higher utility rates.  Rates have already been increasing and if this summer is hot and dry, brown-outs are certain in parts of the country.

With gasoline prices soaring (which is what the Obama group wants according to the energy secretary) and utility rates doubling, Obama will have a lot of what he promised. 

I have commented many times about energy -- that we must become self-sufficient, which will create jobs, aid the economy, and improve  national security.  We have huge reserves of coal; now we know we have ample supplies of natural gas and enormous reserves of petroleum.  By developing these resources we would create millions of jobs.  To accomplish this we must defeat Obama.

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