Electricity Prices Soar As Government Regulation Surges

[bripat9643]

The libturds have denied that Obama's regulatory assault on the energy sector will have any affect on energy prices. The empirical evidence indicates something else.

Electricity Prices Soar As Government Regulation Proliferates - Investors.com

The Cost Of Green: In the midst of an unparalleled energy boom, U.S. electricity prices have skyrocketed to new highs. This paradox is a result not of the free market, but of runaway government "green" regulation.

Unnoticed by virtually everyone except the sharp-eyed folks at CNSNews.com, new federal data show that electricity prices have never been higher.

In November, the Bureau of Labor Statistics' Electricity Price Index hit 202.284, an all-time record and nearly 20% higher than just six years ago.

This might strike some as strange, given the private-sector shale-fracking boom going on in the Midwest, Northeast and Texas, which has led to soaring new domestic supplies of natural gas and oil.

According to the U.S. Energy Information Administration, as recently as 2008 the U.S. produced 2.1 billion cubic feet of natural gas per day. Today, it's 12.3 billion cubic feet and growing fast — truly astounding growth.

Meanwhile, the U.S. is on the verge of producing more oil than it ever has, and domestic sources now outstrip foreign ones. Thanks to fracking, more's on the way.

But as energy booms, electricity prices are going up.

Is it just another case of greedy energy companies and utilities sticking it to consumers? Hardly. You might hear that from your local Democratic politician, but it ain't so.​

 

[Indeependent]

NYS energy prices are dropping quite drastically due to State Regulations.
It might depend on whether it's a Red State or a Blue State.

 

[rdean]

Actually, natural gas is cheaper than coal. We need to move our power plants to natural gas and ship the coal off to China. States that have already made the switch are finding power costs are less. Anyone who knows how to use Google knows this for a fact.

 

[Mr. H.]

NYS energy prices are dropping quite drastically due to State Regulations.
It might depend on whether it's a Red State or a Blue State.

NY energy prices are dropping because of the cheap natural gas being delivered from out of state. NY is too fucking stupid to allow hydraulic fracturing, otherwise they'd have their own gas and plenty of jobs to go with it. Fuck them.

 

[auditor0007]

My electric bill is pretty much the same from month to month. It hasn't changed much at all in the past five years.

 

[TemplarKormac]

I'll just leave this here...

[ame=http://www.youtube.com/watch?v=HlTxGHn4sH4]Obama: My Plan Makes Electricity Rates Skyrocket - YouTube[/ame]

 

[Pogo]

My electric bill is pretty much the same from month to month. It hasn't changed much at all in the past five years.

Nope, neither has mine.

But hey, if Finger-boy says the sky is falling he must know better than we.

 

[Gracie]

We warm our house with the gas burners on the stove. Heats up the whole place. But, the inlaws go in their room, shut the door, turn on their electric heaters and this month our electric bill is 300 bucks!!! I call bullshit on that. Even the roomie out in the garage leaves her door open during the day and the heat from those two little burners warm it up out there (it is connected to the laundry room and kitchen). We turn on the burners at around 5pm....turn them on low (like for simmering a pot of food) and turn them off around 8pm. When it gets cold again, we turn them back on again for a few hours, then turn them off when we go to bed...which is around 11pm. I, of course, stay up til 2am or 3 am but by then, the house is toasty so it's not needed. Except the inlaws hunkered in there room with that damn electric heater blasting away.

Got news for them. They are going to turn the damn thing off or pay more than their share because the rest of us are doing fine. Why pay for them to use what is not needed?

Wish I had a fireplace. That would be great.

 

[DoItMyself]

Here in South Carolina, libtard Nikki Haley has put a LIMIT on solar power use by one building. So, for example, Furman University could be self sufficient with only solar energy. But, Nikki Haley's regime put in limits so big business power companies could ensure they remain profitable.

Libtards never learn.

 

[Pogo]

Here in South Carolina, libtard Nikki Haley has put a LIMIT on solar power use by one building. So, for example, Furman University could be self sufficient with only solar energy. But, Nikki Haley's regime put in limits so big business power companies could ensure they remain profitable.

Libtards never learn.

"Libtard"?

Number one, liberals don't put limits for big bidness...

Number two, Nikki's a Republican.

Duh?

 

[Old Rocks]

Here in South Carolina, libtard Nikki Haley has put a LIMIT on solar power use by one building. So, for example, Furman University could be self sufficient with only solar energy. But, Nikki Haley's regime put in limits so big business power companies could ensure they remain profitable.

Libtards never learn.

Huh? Seems to me that it is the 'Conservatives' that are doing everything that they can to prevent the use of solar by individuals and businesses. And your governor is a Republican, so his actions are right in line with the GOP support for big energy, no matter what the cost to businesses or homeowners.

 

[Old Rocks]

The libturds have denied that Obama's regulatory assault on the energy sector will have any affect on energy prices. The empirical evidence indicates something else.

Electricity Prices Soar As Government Regulation Proliferates - Investors.com

The Cost Of Green: In the midst of an unparalleled energy boom, U.S. electricity prices have skyrocketed to new highs. This paradox is a result not of the free market, but of runaway government "green" regulation.

Unnoticed by virtually everyone except the sharp-eyed folks at CNSNews.com, new federal data show that electricity prices have never been higher.

In November, the Bureau of Labor Statistics' Electricity Price Index hit 202.284, an all-time record and nearly 20% higher than just six years ago.

This might strike some as strange, given the private-sector shale-fracking boom going on in the Midwest, Northeast and Texas, which has led to soaring new domestic supplies of natural gas and oil.

According to the U.S. Energy Information Administration, as recently as 2008 the U.S. produced 2.1 billion cubic feet of natural gas per day. Today, it's 12.3 billion cubic feet and growing fast — truly astounding growth.

Meanwhile, the U.S. is on the verge of producing more oil than it ever has, and domestic sources now outstrip foreign ones. Thanks to fracking, more's on the way.

But as energy booms, electricity prices are going up.

Is it just another case of greedy energy companies and utilities sticking it to consumers? Hardly. You might hear that from your local Democratic politician, but it ain't so.​

Of course energy prices are higher. They have been going up by 5% to 10% a year in a lot of places. And were doing so long before the alternatives started being put in place. However, here in Oregon, where most of the power is hydro, with wind providing about 10%, we have lower prices for electricity than most states in the nation.

As for our oil boom, it will be gone in a few years, and most of that new oil will go to South America or Asia. And you cost for gasoline will not come down significantly at all. Because it is the world market that determines the price for petroleum now, not the local US market.

 

[TooTall]

Here in South Carolina, libtard Nikki Haley has put a LIMIT on solar power use by one building. So, for example, Furman University could be self sufficient with only solar energy. But, Nikki Haley's regime put in limits so big business power companies could ensure they remain profitable.

Libtards never learn.

Huh? Seems to me that it is the 'Conservatives' that are doing everything that they can to prevent the use of solar by individuals and businesses. And your governor is a Republican, so his actions are right in line with the GOP support for big energy, no matter what the cost to businesses or homeowners.

Nikki Haley is a woman and the regulations the Obama regime has put on energy is responsible for rising prices.

 

[TooTall]

The libturds have denied that Obama's regulatory assault on the energy sector will have any affect on energy prices. The empirical evidence indicates something else.

Electricity Prices Soar As Government Regulation Proliferates - Investors.com

The Cost Of Green: In the midst of an unparalleled energy boom, U.S. electricity prices have skyrocketed to new highs. This paradox is a result not of the free market, but of runaway government "green" regulation.

Unnoticed by virtually everyone except the sharp-eyed folks at CNSNews.com, new federal data show that electricity prices have never been higher.

In November, the Bureau of Labor Statistics' Electricity Price Index hit 202.284, an all-time record and nearly 20% higher than just six years ago.

This might strike some as strange, given the private-sector shale-fracking boom going on in the Midwest, Northeast and Texas, which has led to soaring new domestic supplies of natural gas and oil.

According to the U.S. Energy Information Administration, as recently as 2008 the U.S. produced 2.1 billion cubic feet of natural gas per day. Today, it's 12.3 billion cubic feet and growing fast — truly astounding growth.

Meanwhile, the U.S. is on the verge of producing more oil than it ever has, and domestic sources now outstrip foreign ones. Thanks to fracking, more's on the way.

But as energy booms, electricity prices are going up.

Is it just another case of greedy energy companies and utilities sticking it to consumers? Hardly. You might hear that from your local Democratic politician, but it ain't so.​

Of course energy prices are higher. They have been going up by 5% to 10% a year in a lot of places. And were doing so long before the alternatives started being put in place. However, here in Oregon, where most of the power is hydro, with wind providing about 10%, we have lower prices for electricity than most states in the nation.

As for our oil boom, it will be gone in a few years, and most of that new oil will go to South America or Asia. And you cost for gasoline will not come down significantly at all. Because it is the world market that determines the price for petroleum now, not the local US market.

The very fact that the US can reduce its reliance on buying oil from the midde eastern countries that hate us should be incentive enough to become energy independant.

It is a bit of a contradiction to say "it will be gone in a few years" and then say "and most of that new oil will go to South America or Asia." don't you think?

And, exporting oil or any other product is a big plus to the US economy, and lowers our balance of payments as well as our deficit. Those are all good things!

 

[The Rabbi]

The libturds have denied that Obama's regulatory assault on the energy sector will have any affect on energy prices. The empirical evidence indicates something else.

Electricity Prices Soar As Government Regulation Proliferates - Investors.com

The Cost Of Green: In the midst of an unparalleled energy boom, U.S. electricity prices have skyrocketed to new highs. This paradox is a result not of the free market, but of runaway government "green" regulation.

Unnoticed by virtually everyone except the sharp-eyed folks at CNSNews.com, new federal data show that electricity prices have never been higher.

In November, the Bureau of Labor Statistics' Electricity Price Index hit 202.284, an all-time record and nearly 20% higher than just six years ago.

This might strike some as strange, given the private-sector shale-fracking boom going on in the Midwest, Northeast and Texas, which has led to soaring new domestic supplies of natural gas and oil.

According to the U.S. Energy Information Administration, as recently as 2008 the U.S. produced 2.1 billion cubic feet of natural gas per day. Today, it's 12.3 billion cubic feet and growing fast — truly astounding growth.

Meanwhile, the U.S. is on the verge of producing more oil than it ever has, and domestic sources now outstrip foreign ones. Thanks to fracking, more's on the way.

But as energy booms, electricity prices are going up.

Is it just another case of greedy energy companies and utilities sticking it to consumers? Hardly. You might hear that from your local Democratic politician, but it ain't so.​

Of course energy prices are higher. They have been going up by 5% to 10% a year in a lot of places. And were doing so long before the alternatives started being put in place. However, here in Oregon, where most of the power is hydro, with wind providing about 10%, we have lower prices for electricity than most states in the nation.

As for our oil boom, it will be gone in a few years, and most of that new oil will go to South America or Asia. And you cost for gasoline will not come down significantly at all. Because it is the world market that determines the price for petroleum now, not the local US market.

The very fact that the US can reduce its reliance on buying oil from the midde eastern countries that hate us should be incentive enough to become energy independant.

It is a bit of a contradiction to say "it will be gone in a few years" and then say "and most of that new oil will go to South America or Asia." don't you think?

And, exporting oil or any other product is a big plus to the US economy, and lowers our balance of payments as well as our deficit. Those are all good things!

Psst, he's a liberal. Therefore he doesnt understand math or economics. And history isn't so great either.

The denials from the libs are hysterical. It's like the guy who claims there is no inflation because his bank balance is the same today as it was yesterday.

 

[Old Rocks]

The libturds have denied that Obama's regulatory assault on the energy sector will have any affect on energy prices. The empirical evidence indicates something else.

Electricity Prices Soar As Government Regulation Proliferates - Investors.com

The Cost Of Green: In the midst of an unparalleled energy boom, U.S. electricity prices have skyrocketed to new highs. This paradox is a result not of the free market, but of runaway government "green" regulation.

Unnoticed by virtually everyone except the sharp-eyed folks at CNSNews.com, new federal data show that electricity prices have never been higher.

In November, the Bureau of Labor Statistics' Electricity Price Index hit 202.284, an all-time record and nearly 20% higher than just six years ago.

This might strike some as strange, given the private-sector shale-fracking boom going on in the Midwest, Northeast and Texas, which has led to soaring new domestic supplies of natural gas and oil.

According to the U.S. Energy Information Administration, as recently as 2008 the U.S. produced 2.1 billion cubic feet of natural gas per day. Today, it's 12.3 billion cubic feet and growing fast — truly astounding growth.

Meanwhile, the U.S. is on the verge of producing more oil than it ever has, and domestic sources now outstrip foreign ones. Thanks to fracking, more's on the way.

But as energy booms, electricity prices are going up.

Is it just another case of greedy energy companies and utilities sticking it to consumers? Hardly. You might hear that from your local Democratic politician, but it ain't so.​

Of course energy prices are higher. They have been going up by 5% to 10% a year in a lot of places. And were doing so long before the alternatives started being put in place. However, here in Oregon, where most of the power is hydro, with wind providing about 10%, we have lower prices for electricity than most states in the nation.

As for our oil boom, it will be gone in a few years, and most of that new oil will go to South America or Asia. And you cost for gasoline will not come down significantly at all. Because it is the world market that determines the price for petroleum now, not the local US market.

The very fact that the US can reduce its reliance on buying oil from the midde eastern countries that hate us should be incentive enough to become energy independant.

It is a bit of a contradiction to say "it will be gone in a few years" and then say "and most of that new oil will go to South America or Asia." don't you think?

And, exporting oil or any other product is a big plus to the US economy, and lowers our balance of payments as well as our deficit. Those are all good things!

LOL. You are amusing. Resources that are very finite go through a regular boom, bust cycle. Right now, with oil at $100 a barrel, we can afford to frack the shale oil and make money off of it. And when that is gone, and the price of oil goes up to $200 or $300 a barrel, we can afford to recover oil from other sources. However, will be consumer be able to afford to use it?

We have many, many ghost towns in the West that are the result of boom-bust cylcles in natural resources, and oil is no differant.

 

[bripat9643]

Actually, natural gas is cheaper than coal. We need to move our power plants to natural gas and ship the coal off to China. States that have already made the switch are finding power costs are less. Anyone who knows how to use Google knows this for a fact.

Power prices have gone up, and how does shipping coal to China help the so-called problem of global warming?

 

[bripat9643]

My electric bill is pretty much the same from month to month. It hasn't changed much at all in the past five years.

Nope, neither has mine.

But hey, if Finger-boy says the sky is falling he must know better than we.

I'm not the one saying it, dipshit.

 

[Old Rocks]

My electric bill is pretty much the same from month to month. It hasn't changed much at all in the past five years.

Nope, neither has mine.

But hey, if Finger-boy says the sky is falling he must know better than we.

I'm not the one saying it, dipshit.

Really? Then what are you saying, silly ass

 

[bripat9643]

Nope, neither has mine.

But hey, if Finger-boy says the sky is falling he must know better than we.

I'm not the one saying it, dipshit.

Really? Then what are you saying, silly ass

Note the article I quoted, dipshit.