Change is now all but assured…Drill Baby Drill!! Will be the cry! The Green New Steal is DEAD and relief is on the horizon…At dawn…Look to the east…
It’s Time to Take America’s Energy Choices Back
Summer’s here, and the time is right for driving in the streets. The problem is that gas prices remain high, are likely
headed higher, and still more than $1 a gallon higher than the
$2.33 a gallon they were in January 2021.
Not only that, the cost of electricity is rising as fast as it has since the Iranian Revolution triggered an energy crisis in in 1979-80, causing oil prices to more than double to the equivalent of $100 a barrel in today’s dollars and electricity prices rose 13% over three years. Since 2021, electricity prices have risen by more than 8%, the highest rate of price increases since then, according to a BofA Securities report.These everyday realities and their impact on our wallets are just a few of the financial chickens that will come home to roost at the ballot box in November. When added to higher interest rates and the highest inflation in a generation, families and business owners have every right to be frustrated, and a bit worried, that our energy policies seem to be making the situation worse. The biggest impact on energy price, availability and reliability are misguided and/or restrictive energy policies that lead directly to higher prices, less availability and lower reliability. Because there is often time between the approval of a bad policy and the impact it has on the public, elected leaders either have time course-correct, or– more likely - avoid the blame by safely being out of office.
But consumers (read: voters) are not so easily fooled.
The European Green parties that promulgated restrictive energy policies that increased costs, made energy less reliable and failed to provide any meaningful environmental improvement got walloped at the ballot box in June’s European Union parliamentary elections. While other factors played a role, political analyst Ruy Texeira noted that
“greenlash” played a big part. Which is to say that voters understood who enacted the policies that restricted their choices for vehicles or energy, raised energy prices to unaffordable levels and made farming costlier through aggressive regulations.
https://www.realclearenergy.org/art...ake_americas_energy_choices_back_1044414.html
