Over the past few years, production of more and more natural gas allowed prices to fall, saving consumers money on their heat and light bills and allowing multiple electric facilities to convert from coal to cleaner-burning gas. That era of inexpensive natural gas has come to an end.
Thanks in a large part to the Biden administration’s policies that promote green energy at the expense of oil and gas production, natural gas prices are up 96 percent from a year ago, and further increases are expected. Just another example of how the Democrats are hitting middle class and lower income Americans in their pocketbooks.
Because of rising gas prices, coal is gaining market share on the international market, which will cause even more greenhouse gas production. It just goes to show you that green policies often have unintended side effects.Continue reading “An Unintended Consequence of Green Policies is Higher Prices”