Are you wondering, like me, why your electric bills have doubled or tripled in the last few months and no one seems to know why?
We're being told the reason for the skyrocketing prices is the unusually cold winter, resulting in natural gas price increases. Are we naively waiting for the price to go back down as soon as it warms up?
According to an article by Steven H. Ahle of Columbia Public Policy Examiner, "In May 2012, the U.S. Energy Information Administration released a report [Annual Energy Outlook 2012] showing coal-powered electricity generation had dropped sharply from 44.6 percent to just 36 percent. As a result, PJM Interconnection, the company that operates the electric grid for 13 states, held its auction for 2015 electricity capacity.
"The numbers are shocking. The cost for 2012 was only $16 per megawatt. In 2015, the price will go up to $136 per megawatt, for electricity generated by natural gas. For the mid-Atlantic region... the new price is $167 per megawatt. And in northeast Ohio, the price jumps to an incredible $357 dollars per megawatt."
"These are not speculative prices that can go up and down... [but] a solid offer for electricity... many people will simply have to decide between their mortgage and their heat."
The link to the article is http://www.examiner.com/article/the-next-great-failed-initiative-of-barack-obama
President Obama has made no secret of his intention to "transition" us to renewable energy. He does not intend to let the marketplace naturally determine the pace of this transition but to force it on us by making it exorbitantly expensive.
Thus the emphasis on "climate change" and his continued road-blocking of traditional energy projects, such as the Keystone Pipeline, that would make us energy independent.
This is exactly the same method he's using to force health insurance, making it so dysfunctional and painful that eventually the government will have to administer it entirely.
No one, including me, disputes that we need affordable universal health care and we need to transition to renewable energy as much as possible. But making the American people suffer -- by threatening two of our most basic needs -- is not the way to go about it.