Posted on 10/27/2022 6:12:21 PM PDT by massmike
If you thought that American life became expensive under the Biden administration, you haven’t seen the worst of it yet.
The U.S. Energy Department projects heating bills for Americans who rely on natural gas, which is roughly half of Americans, to increase by 28% this winter.
Here is the average increase in costs for heating this winter according to the Energy Information Administration:
Natural Gas: $931 (+28%)
Heating Oil: $2,354 (+27%)
Electricity: $1,359 (+10%)
Propane: $1,668 (+5%)
It’s no surprise that natural gas has become so much more expensive. The United States used to be one of the leading producers of natural gas.
However, Joe Biden kept his promise upon entering office and banned oil and natural gas development on public lands. At the time, economists estimated that this would cost the American economy $670 billion dollars over the next 20 years.
This cost to the American economy was underestimated as economists did not foresee a coming war between Russia and Ukraine.
While this estimate did factor in the loss of energy jobs and the increased cost of importing oil and gas, it did not predict the international supply of natural gas would rapidly increase in price and decrease in supply.
Due to Joe Biden’s ban on domestic energy production, we quickly became reliant on foreign oil and are now paying the price for it.
(Excerpt) Read more at conservativebusinessjournal.com ...
The up tick of diesel exports began in 2010 when one started noting diesel selling much more than gasoline.
What does she know about energy and can she spell thermodynamics? Does she know what a BTU is? Does she know which direction heat flows?
Typical Biden appointee
No worries. Brandon has a fix. A railroad strike after the midterm elections would free up diesel for trucks and heating fuel. Everything works out dandy in Brandon's world.
Biden thoroughly depletes our oil reserves sending much to China. Now we.will have a fuel oil shortage in much of the US. Tonight Tucker claimed we may run out of diesel oil by Thanksgiving. Biden completely shut down our energy independence upon taking office. Biden should be tried for treason.
>>they have a lack of regasification terminals.<<
Run a LNG filled bare pipe through Munich during Oktoberfest and allow the celebrants to relieve themselves on the pipe. Just tell them not to step on the pipe. There is your fossil fuel-free,. practical heat source even Greta would approve.
>>. Diesel and home heating oil are the same thing<<
DO you classify Jet fuel and charcoal lighter in the same category because all are fossil fuels?
Doing my part by burning free firewood this year in my stove…. and selling it too.
We’re all gonna have clean air and put an end to climate change by driving electric cars and burning wood for heat….yesireee!
It’s already more than doubled from last year.
Heating Oil: $2,354 (+27%)
Just goes to show these people cannot tell the truth. Heating oil is already up 100% from this time last year. And single tank of Kerosene is already almost 2K. People are so gullible to listen to any of these propaganda entities.
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