Adnd yet they ignore the biggest impact, the increase in OIL production.
Posted on 05/29/2014 3:59:09 AM PDT by markomalley
Setting the stage for upcoming restrictions on coal-fired power plants, the Obama administration is making a concerted effort to cast its energy policy as an economic success that is creating jobs, securing the nation against international upheavals and shifting energy use to cleaner sources.
In a 42-page report to be released Thursday, the White House argues that significant increases in the domestic production of natural gas and reductions in oil consumption have better positioned the United States to advance its economic and environmental goals.
Few of the report's conclusions are new, but it includes a detailed analysis of how past reliance on petroleum imports made the U.S. economy especially susceptible to oil price shocks, a vulnerability that White House economists say has been diminished by a reduced U.S. demand for foreign oil.
The report, obtained in advance by The Associated Press, is designed to inoculate the administration against criticism that new Environmental Protection Agency regulations on coal-fired power plants, expected to be unveiled Monday, will increase electricity costs, cost jobs and be a drag on economic growth. Conservatives and business groups such as the U.S. Chamber of Commerce have argued that the reductions in emissions will be too small and the consequences to the economy too large to justify new restrictions.
(Excerpt) Read more at news.yahoo.com ...
The Obama Regime HATES America as does the
EXEMPT Congress that supports his hate of Americans.
They are still pushing I fear... I believe they want a civil war here in American and people freezing and starving in the Dark is one of the best ways of accomplishing that.
A Summary of Obama’s actions on energy policy since January 2009(this from 2012):
• February 4, 2009 – Just months after Obama’s Energy Secretary said, “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” the Regime begins “scrapping leases for oil-shale development” and cancels 77 leases for oil and gas production in Utah. Gas is $1.91 a gallon.
• March 7, 2009 – ABC News says the White House is “closely monitoring” the expedited Solyndra loan project even as it was delaying new American energy production that would help make us less dependent on foreign energy. Gas is $1.94 a gallon.
• June 27, 2009 - Obama urges the Senate to adopt House Democrats’ “cap and trade” national energy tax – the same plan O once admitted would cause electricity rates to “necessarily skyrocket.” Gas is $2.50 a gallon.
• January 7, 2010 – The Regime announces new bureaucratic hurdles to American energy production that Secretary Salazar admitted “could add delays to the leasing and drilling process.” Gas is $2.67 a gallon.
• March 31, 2010 – Instead of opening new areas to energy exploration and development, Obama blocks deep-ocean energy production on 60% of America’s Outer Continental Shelf. Gas is $2.80 a gallon.
•December 1, 2010 – Obama re-imposes and expands the moratorium on offshore energy production. Gas is $2.86 a gallon.
• January 2, 2011 – TIME reports that the Obama Regime issued the first in a series of regulations designed to unilaterally impose a national energy tax. Gas is $3.05 a gallon.
• May 5, 2011 – The Regime issues a formal statement opposing House-passed Restarting American Offshore Leasing Now Act (H.R. 1230), and Putting the Gulf of Mexico Back to Work Act (H.R. 1229) legislation designed to jumpstart American energy production, address rising gas prices, and help create new jobs. Gas is $3.96 a gallon.
• June 21, 2011 - The Regime opposes the House-passed Jobs & Energy Permitting Act that would unlock an estimated 27 billion barrels of oil and 132 trillion cubic feet of natural gas. Gas is $3.65 a gallon.
• November 8, 2011 – The Regime releases a plan for a five-year moratorium on offshore energy production, placing “some of the most promising energy resources in the world off-limits,” according to the House Natural Resources Committee. Gas is $3.42 a gallon.
•January 18, 2012 – Obama rejects the bipartisan Keystone XL pipeline and the more than 20,000 jobs that would come with it. Gas is $3.39 a gallon.
• April 10, 2012 – Average price of gas: $3.95
But they can’t figure out why gas prices are so high…
“So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted.” — Candidate Barack Obama,
San Francisco Chronicle interview,
January 17, 2008
“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.” — Candidate Barack Obama,
Same interview as above
“We’re going to have to cap the emission of greenhouse gasses. That means that power plants are going to have to adjust how they generate power … but a lot of us who can afford it are going to have to pay more per unit of electricity, and that means we’re going to have to change our light bulbs, we’re going to have to shut the lights off in our houses.” — Candidate Barack Obama,
Iowa PBS interview, November 9, 2007
So much for President Obama’s claims to be for an ‘all-of-the-above’ approach — these regulations are designed specifically to kill coal in American electricity generation, which will significantly raise energy prices on American families. This plan is the most devastating installment of the Obama administration’s war on affordable energy: it achieves their cap-and-trade agenda through regulation instead of legislation.
A study released in September 2011 by National Economic Research Associates, Inc. (NERA) paints a picture of the impact of the EPA rules on existing coal plants. The study concluded:
Over the period from 2012 to 2020, about 183,000 jobs per year are predicted to be lost on net.... The cumulative effects mean that over the period from 2012 to 2020, about 1.65 million job-years of employment would be lost. U.S. GDP would be reduced by $29 billion each year on average over this period, with a cumulative loss from 2012 to 2020 of $190 billion (2010$). U.S. disposable personal income would be reduced by $34 billion each year on average over this period, with a cumulative loss from 2012 to 2020 of $222 billion (2010$).
And those are conservative estimates; the NERA economists note that they do not consider several other variables that would likely drive the total costs and losses higher.
Those figures also do not include the costs that the EPA’s CO2 rules will impose on future energy production.
“a reduced U.S. demand for foreign oil.”
People cant afford to drive as much.
Did they not believe what he was saying? Did they not hear him? Is this what they wanted?
I think the same thing, and this is why I no longer pray for God to heal this land, we made a choice and we knew what we were voting for, we have no excuse for whats coming now,
But instead pray for individuals, those hurting, in need of help, pray we’re delivered from evil,
Dark days are coming to this land because of these choices, and tyranny has been given a free hand to operate here. How far is it going to go? Why would it stop anywhere, when it never does when it gets a hold,
Adnd yet they ignore the biggest impact, the increase in OIL production.
I’m afraid that I share your views.
This is so 1984 Newspeak. Black is white, 2+2=5, etc. Expensive electricity = economic opportunity.
> Did they not hear him?
They did not hear him.
The press ran interference for him, and his opponents did not quote him.
These quotes should have been hammered night and day by the opposition until the demonRAT was FORCED to respond to them.
The opposition candidates did not do that.
Makes you wonder if they were really the opposition, or just fodder for the machine.
They’ve done a good job at regulating against small, homebuilt, low-cost energy systems in favor of their expensive, certified, listed components and local, yocal permitting offices and engineers, BTW (”engineering required”). NIMBYs who supported those efforts will be the ones freezing and crawling back to urban areas. Have fun. Enjoy the slide.
We only saw a trial run on propane last winter. It will go sky high within a couple of years. Natural gas, too.
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