When Barack Obama was running for president in 2008, he stated that under his plan “electricity rates would necessarily skyrocket”. Well, now it looks like he is finally getting around to keeping his promise. New EPA rules that are designed to cripple the coal industry could send electricity rates soaring by up to 40 percent in many rural areas. And even though we have enough coal in the ground to provide hundreds of years of energy at current levels of consumption, Obama’s plan is going to force large numbers of coal plants to completely shut down because they are simply going to become too expensive to operate. If Americans living in rural communities didn’t care for Obama before, they really are not going to like him much when these new EPA regulations start kicking in. (Read More...)
Coal
The United States Has Plenty Of Oil: 10 Facts About America’s Energy Resources That Will Blow Your Mind
The United States is not running out of oil. In fact, nobody on the entire globe has more energy resources than the United States does. The truth is that we are absolutely swimming in oil and natural gas and we have so much coal that we have no idea what to do with it all. At current consumption rates, America has enough energy resources to completely satisfy all of its needs well into the 22nd century. If we would just access those resources, we would not have to import a single drop of foreign oil. But most Americans don’t realize that we have plenty of oil. In fact, our education system has brainwashed most Americans into believing that our energy resources are rapidly being depleted and that we will soon enter a great energy crisis. We are all constantly told that we must transition to “green energy” before it is too late. But the reality is that America is an energy rich nation and new discoveries of oil and natural gas deposits are being made all the time. Shouldn’t someone tell the American people the truth about these things? (Read More...)