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Keyword: energyprices

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  • Fed Pauses Rate Hikes… For Now – But 8%+ Mortgage Rates Are Here to Stay

    09/21/2023 7:11:38 AM PDT · by george76 · 14 replies
    Gateway Pundit ^ | Sep. 20, 2023 | Cristina Laila
    Bidenomics = High mortgage rates, high inflation rates, collapsed banks, expensive groceries, record high rent, and dwindling retirement accounts. The Federal Reserve on Wednesday paused rate hikes. The Fed kept the benchmark rate in the range of 5.25% to 5.50%. For now. “We’re prepared to raise rates further, if appropriate, and we intend to hold policy at a restrictive level until we’re confident that inflation is moving down sustainably toward our objective,” Chairman Jerome Powell told reporters on Wednesday. ... Despite what Jerome Powell said, inflation is not cooling. The Biden Regime relies on lies and voodoo math when it...
  • Brace for it: Energy prices in America are going to get much worse than we’ve ever imagined

    09/10/2023 7:22:50 PM PDT · by SeekAndFind · 63 replies
    American Thinker ^ | 09/10/2023 | Andrea Widburg
    Last week, Joe Biden canceled all drilling in Alaska on federal land. Separate from the fact that no president should have that kind of power over the American economy and lifestyle, he paired it with another executive order that will make fuel more expensive than Americans have ever imagined. Joe Biden promised during his basement campaign for the presidency that he was going to “end fossil fuel”:The former vice president and Democratic presidential candidate made the comment Friday after a New Hampshire environmental activist challenged him for accepting donations from the co-founder of liquified natural gas firm.Biden denied the donor’s...
  • Nextrush Unplugged Weekend: Nuclear War A Real Issue Not Dicussed?, You Tube Suspension If Kari Kake Says "Disband The FBI", My Undies Don't Hit Floor For DeSantis, Boeing Gets Jeffrey Epstein Treatment, 38 Percent More For Electricity

    01/29/2023 2:19:50 AM PST · by Nextrush · 14 replies
    Nextrush Free ^ | 1/28/2023 | Nextrush/Self
    "I hope I am wrong. My gut tells me we will fight in 2025" Memo of US Air Force General Mike Minihan Released On Social Media And Confirmed By The Pentagon On Friday... US Secretary of State Antony Blinken set to go to Beijing for talks with China next weekend... Trying to separate the Real Issues from the Fake Issues the Gaslighting frm the Fakeservative sources and Fakegressive ones as well... Russia is getting the same treatment Japan got in 1940 and 1941 folks and will they respond at some to this the folks in the "Deep State" know what...
  • Why Want Bush Do Something about the cost of gas? (ZOT!!! He awaits orders from Juwish Modz.)

    03/23/2005 4:07:55 PM PST · by John Zell · 175 replies · 8,487+ views
    Gas costs so much. I cant afford it. Why want Bush do something? Don't say he can't. His daddy or his handlers could be on the phone in 2 minutes with the Rothchilds and by 1 week, oil prices would be under $20 and gas would be 1 dollar a gallon. You know it and I know it. Why want he? Do you know? Is there sombody we can call? Plaese advice.
  • Half Of UK Households Will Be In Fuel Poverty By January

    08/25/2022 6:46:10 AM PDT · by george76 · 25 replies
    Oil price ^ | Aug 24, 2022 | Irina Slav -
    As many as half of British households may be facing fuel poverty because of the inexorable rise in energy prices, EDF, the French utility that also has business in the UK, has warned. .... The UK's energy market regulator Ofgem is set to announce the latest energy price cap this week, which will see electricity bills for millions of Britons rise considerably. The price cap, aimed to protect households from excessively high bills by capping the price increases that providers can pass on to them, normally gets adjusted twice a year. In April this year, the cap was raised by...
  • Canadian finance minister points to high gas prices are a ‘reminder of why climate action is so important’

    08/02/2022 10:22:54 AM PDT · by george76 · 15 replies
    LifeSite News ^ | Jul 6, 2022 | Jack Bingham
    Chrystia Freeland called climate action 'an insurance policy against higher energy prices.'. Prime Minister Justin Trudeau’s World Economic Forum-linked finance minister told Canadians on Tuesday that record-high fuel prices are a “reminder of why climate action is so important and why as a country we need to work even harder and move even faster towards a green economy.” “It’s an insurance policy against higher energy prices,” Liberal Finance Minister Chrystia Freeland said at a press conference. Freeland’s statements come after the Liberal government increased the cost of fuel overnight by imposing a “carbon tax” on Canadians on April 1. On...
  • Smaller Oil And Gas Producers Blast Biden’s Blame Game On High Energy Prices

    03/23/2022 10:13:28 AM PDT · by george76 · 7 replies
    The Federalist. ^ | MARCH 23, 2022 | Tristan Justice
    Earlier this month, already high gas prices sustained throughout the resident’s 14-month tenure reached a new peak at $4.33 a gallon. A coalition of 10 oil and natural gas trade associations representing small- to mid-size producers blasted resident Joe Biden last week for blaming the industry for high energy prices. “Oil and gas companies shouldn’t pad their profits at the expense of hardworking Americans,” Biden wrote in a Twitter post highlighting the disconnect between crude oil prices and the price of gasoline, dismissing complexities in the supply chain that cause those prices to come down slower than the cost of...
  • Clueless Biden Considers Killing Another US Pipeline as Oil Crisis Continues

    11/06/2021 9:01:48 PM PDT · by SeekAndFind · 22 replies
    Red State ^ | 11/06/2021 | Mike Miller
    As gas prices continue to skyrocket and the feckless President of the United States continues to blame Russia and OPEC for the U.S. oil shortage he and he alone created — on purpose — on day one of his installation in the Oval Office, by killing the Keystone XL Pipeline.Joe Biden is weighing shutting down another oil pipeline, which would all but guarantee further increased fuel prices in the affected region.Two days ahead of the OPEC+ virtual meeting, US President Joe Biden is pointing fingers: “If you take a look at gas prices and you take a look at oil...
  • White House Putting Pressure on OPEC to Increase Oil Production Amid ‘Supply Issues,’ Rising Energy Prices [ PATHETIC! ]

    10/28/2021 8:21:24 AM PDT · by SeekAndFind · 25 replies
    Epoch Times ^ | 10/27/2021 | Katabella Roberts
    The White House on Tuesday promised to put pressure on members of the Organization of the Petroleum Exporting Countries (OPEC) to increase production amid declining supplies and rising energy prices. Press secretary Jen Psaki told reports at a press briefing that the president is “mindful” of the increased prices consumers are facing when it comes to their energy bills and that he “reserves a range of options,” to combat the situation. Psaki said the administration is focusing on raising its concern with “supply issues as it relates to oil” on the international stage. “There’s a power of the president of...
  • $80 oil is sending the market toward demand destruction, Morgan Stanley says

    10/01/2021 2:06:58 PM PDT · by cutty · 37 replies
    CNBC ^ | SEP 29 2021 | Natasha Turak
    With winter ahead and a gas crunch in Europe, the demand picture appears promising. But demand destruction could be imminent as prices climb higher, some experts are warning. Higher energy prices will also fuel even higher inflation, which poses a significant threat to demand. The current energy market picture is looking good for oil bulls. International benchmark Brent crude passed the long-anticipated threshold of $80 per barrel on Tuesday, though it’s since slipped back down to trade at $78.47 as of Wednesday at 10:30 a.m. in London. West Texas Intermediate was trading at $74.73 per barrel around the same time....
  • Soaring Energy Costs Push Eurozone Inflation to Highest Level in 13 Years

    10/01/2021 11:31:58 AM PDT · by MNJohnnie · 5 replies
    The Epoch Times ^ | 10-01-21 | Tom Ozimek
    Inflation in the 19 European countries that share the euro hit a 13-year high, challenging the European Central Bank’s (ECB) view that price pressures are largely benign and will soon fade. Consumer price inflation in the eurozone accelerated to 3.4 percent over the year in September, up from 3 percent a month earlier and 2.2 percent the month before that, according to Oct. 1 data (pdf) from Eurostat, the European Union’s statisics agency. That’s the highest reading since September 2008 and slightly ahead of analyst forecasts of 3.3 percent. A surge in energy costs was behind the bulk of the...
  • Europe’s Natural Gas Shortage Could See Rest of World Paying Larger Heating Bills This Winter: Experts

    09/14/2021 9:23:10 PM PDT · by SeekAndFind · 24 replies
    Epoch Times ^ | 09/14/2021 | Katabella Roberts
    Europe’s record low supply of natural gas could see the rest of the world paying larger heating bills in an effort to stay warm this winter, experts warn.Natural gas prices have risen more than 35 percent in the past month amid lower supplies and a surge in demand as pandemic-hit economies around the world reopen, prompting fears that there is simply not enough gas stored up for the winter if temperatures were to be particularly cold in the northern hemisphere.Some experts are now pointing to Europe, where supply is at 16 percent below the five-year average, a record low for...
  • Europe’s High Energy Prices Are Just The Beginning

    09/09/2021 1:08:06 PM PDT · by george76 · 9 replies
    Oil price ^ | Sep 06, 2021, | Julianne Geiger -
    European energy prices might be at record levels, but there is still room for prices to run... Of course, natural gas prices are soaring everywhere—not just in Europe. The U.S. benchmark price for natural gas has nearly doubled over the last year, ... U.S. gas exports are soaring more, hitting all-time records. ... Germany is battling the highest inflation since 2008, thanks to higher energy prices. Typically, demand for natural gas this time of year is still low. Today’s high prices, at a time when demand is typically low, are worrisome for Europe, which is now looking at a difficult...
  • California's Energy Regulations Hurt the Poor, While 'Green' Subsidies Benefit the Rich

    07/10/2020 11:04:29 AM PDT · by george76 · 5 replies
    Reason Foundation ^ | July.10., 2020 | STEVEN GREENHUT
    Incentive programs for electric cars and solar panels mostly benefit those who can afford those things, while regulations that drive up the cost of energy hurt those who can't afford much to begin with. ... a growing rift on in the environmental world between those who favor the state's far-reaching "green" policies—and those who want to hector us to use less energy. "Wealth is a prominent driver of demand for residential energy, ... a constant theme from the environmental community when it comes to every resource-related policy debate, from electricity production to fossil fuels to water availability. Activists talk about...
  • Obama’s Energy nominee: We need carbon tax to double or triple energy cost

    03/25/2013 2:34:34 PM PDT · by Nachum · 36 replies
    Examiner ^ | 3/25/13 | Joel Gehrke
    President Obama’s Energy secretary nominee regards a carbon tax as one of the simplest ways to move the energy industry towards clean technologies, though he notes that government would have to come up with a plan to mitigate the burden this tax places on poor people, who would pay the most. “Ultimately, it has to be cheaper to capture and store it than to release it and pay a price,” MIT professor and Energy nominee Ernest Moniz told the Switch Energy Project in an interview last year. “If we start really squeezing down on carbon dioxide over the next few...
  • New England electricity prices 47% higher last month than national average

    03/06/2017 12:36:45 PM PST · by george76 · 28 replies
    Mass Live ^ | January 18, 2017 | Jim Kinney
    Households in New England paid electricity prices last month that were 47 percent higher than the national average.. Consumer energy information released by the Bureau of Labor Statistics for its Boston region showed the area's households paid an average of 19.5 cents per kilowatt hour for electricity, compared to the national average of 13.3 cents. The region includes Hampden and Worcester counties as well as Greater Boston and parts of New Hampshire, Connecticut and Maine. The figures came out one day after energy utility Eversource proposed a 10 percent increase in its electricity distribution rates beginning early next year. The...
  • Obama to Crush Middle Class-New Program Will Force Energy Prices To Necessarily SkyRocket (VIDEO)

    08/02/2015 7:31:45 AM PDT · by conservativejoy · 41 replies ^ | 8/2/2015 | Jim Hoft
    We were warned… In January 2008 Barack Obama told the San Francisco Chronicle: “ “Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.” He promised that his plan would cause electricity rates to skyrocket. He wasn’t kidding. Now this… Obama announced his new energy plan on Saturday that will squeeze energy companies and force consumer prices to necessarily skyrocket. Energy prices have risen 38 percent so far since 2001 thanks to Barack Obama’s progressive and anti-business agenda....
  • As Quakes Rattle Oklahoma, Fingers Point to Oil and Gas Industry

    04/04/2015 8:28:04 AM PDT · by rktman · 63 replies ^ | 4/3/2015 | RICHARD A. OPPEL Jr. and MICHAEL WINES
    Many scientists disagree. They say those quakes, and thousands of others before and since, are mainly the work of humans, caused by wells used to bury vast amounts of wastewater from oil and gas exploration deep in the earth near fault zones. And they warn that continuing to entomb such huge quantities risks more dangerous tremors — if not here, then elsewhere in the state’s sprawling well fields.
  • EPA Rules To Force 85 Coal-Fired Generators To Close By The End Of This Year

    03/13/2015 2:41:44 AM PDT · by lowbridge · 45 replies ^ | march 10, 2015 | Michael Bastasch
    Energy companies are preparing to shut down nearly 16 gigawatts of power by the end of this year as the deadline for compliance with new federal environmental regulations looms. In total, some 85 coal-fired generating units at 36 locations are expected to close in the coming months in part because of Environmental Protection Agency regulations. The largest set of retirements is set for June, when electricity demand starts to peak as Americans turn on their air conditioners for the summer. Most of these retirements will come from coal-fired power plants in Appalachia. “We are currently showing nearly 300 GW of...
  • Here's one campaign promise that Obama has (unfortunately) kept

    10/23/2014 4:46:42 AM PDT · by IBD editorial writer · 7 replies
    Investor's Business Daily ^ | 10/22/2014 | IBD Staff
    In early 2008, candidate Obama told the San Francisco Chronicle that "under my plan ... electricity rates would necessarily skyrocket." Obama was referring to his plan to cap greenhouse-gas emissions, which would, among other things, effectively choke off coal as an energy source. He was just as fond of high gasoline prices, telling CNBC in June 2008 — as gas prices shot up to $4 a gallon — that he "would have preferred a gradual adjustment." Six years later, and Obama has succeeded.