Sunday, November 27, 2022

Energy

President Obama was concerned about climate change and promoted green energy which included nuclear but the real attention was on wind and solar. He was up front with people when he said your electric bill will necessarily sky rocket. All of this was interrupted by Trump who pushed for fossil fuels and made the country energy independent. When Biden arrived he went back to the Obama policy without the nuclear. He set in play policies that would reduce fossil fuels and oil production declined from 13 million barrels per day to 11 million. This caused the price of gas, diesels and oil to rise rapidly. Diesel at over $5 is raising the cost of transportation which effects the price of all goods.

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