Tuesday, October 25, 2022

(part 1)

 Larry Jordan submits:


THE COST OF ENERGY IMPACTS EVERYTHING.
If you think gas prices are high now, if the "Inflation Reduction Act" is signed into law, driving and heating your home will become unaffordable.
The bill imposes more taxes and fees on natural gas, oil, and coal.


excerpt:

“This tax could increase U.S. consumer natural gas bills by 17 percent on average or more than $100 per year for an average American family, according to one estimate in a letter to House and Senate leadership signed by IPAA, the American Gas Association (AGA), the Interstate Natural Gas Association of America and several other state and natural gas supply chain trade associations. “By AGA’s estimates, the tax will increase natural gas bills at a minimum of 12 percent per American family per year.”

The increase could be the difference between buying groceries and paying to heat one’s home during the winter.  The above estimates were made for this past winter and prior to inflation hitting record levels in 2022.

Conclusion

The bill’s oil and gas provisions will have companies questioning whether they want to invest in these fuels since President Biden wants to end these fuels in the United States. He even blames fossil fuels for giving him cancer. The bill’s provisions regarding tax policy, regulatory policy, and access to federal lands goes a long way toward having the President’s goal met in the not-too-distant future. It is unlikely that companies will invest in these fuels if the leader of the country is proud to put this bill forward, which will only make gasoline prices higher at the pump and natural gas prices higher for heating homes, for electricity production, and for industrial uses. Inflation will continue to be a scourge for Americans as energy prices necessarily skyrocket.









As Democrats in US Senate Unilaterally Pass $369 Billion Climate Blowout – Study Finds 

96% of the Data Used to Support Democrat Bill Is Flawed  (excerpts)

by Jim Hoft  |  August 7, 2022

In December 2008, politician Al Gore predicted the North Polar Ice Cap would be completely ice-free in five years.

Gore made the prediction in front of a German audience on December 13, 2008. The Gateway Pundit reported on this at the time.

This wasn’t the only time Al Gore made his ice-free prediction. Gore had been predicting this dire scenario since 2007.

Of course, this was just fear mongering and the North Pole is still covered with ice 13 years later.

In 2021 Arctic sea ice melt was at its lowest level in 15 years. Antarctic sea ice was above average.

In January 2021, Democrat mouthpiece Alexandria Ocasio-Cortez announced that life on the planet is going to end in 12 years unless the US addresses the threat of global warming.

We have less than 11 years left according to AOC.

On Saturday the US Senate passed a $369 billion deal for the “climate emergency” agenda. The legislation is not even based on factual data.

And they passed this behemoth in a straight party line vote during a recession.

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