Originally Posted by HalfManHalfGod
Are you really naive enough to believe that the US Government has NOTHING to do with energy prices?
Moratorium on offshore drilling, keystone pipeline, no lease for drilling on government owned property, no new oil refineries, EPA cracking down on coal power planets, no new permits for nuclear power. Just in Illinois alone we are shutting down a half dozen power planets because it would be to expensive to meet EPA requirements. I could go on and on. So with that said do you not see why speculators are seeing energy prices higher? Simple economics higher demand less supply = higher prices. This is not rocket science.
Edit: also forgot the value of the dollar is going lower with historic low interested. Why? http://www.usdebtclock.org/ |
God forbid power plants have to conform to EPA standards and guidelines. Plus coal fired plants are extremely inefficient and harmful as is so cracking down on them is justified. Government has everything to do on U.S. soil nothing abroad admittedly greener energy option should be sought and aggressively pursued but alas there quite a few limiting "factors" in our government that hampers this.
You cited gas prices going up because of Obama; I said he doesn't control and cant control over seas speculating and price setting. If anything my dear boy its not his fault its the companies that try get as much profit as possibles fault.
2012-04-24, 03:51 PM
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