Democrat officials in Connecticut, the state’s electric power giants, and their allies in the media are blaming a 50 percent increase in electric prices this winter in the state on Russia’s war with Ukraine, a reliance on fossil fuels, particularly natural gas, and the fact that Connecticut has a deregulated electricity market.
In a press release, dated November 17, state Attorney General William Tong (D) announced that, effective January 1, Eversource will double its rates from 12.05 cents to 24.2 cents per kWh, and United Illuminating will also double its rates from 10.6 cents to 22.5 cents per kWh.
Connecticut energy consumers will be digging deeper into their pockets this winter with the state’s two largest utilities seeking hefty rate increases.
In a filing to the state Public Utilities Regulatory Authority, Eversource is proposing to increase electric rates charged to consumers by nearly 50%, or $85 per month for the average customer.
White House economic adviser Brian Deese on Thursday told CNN that high gas prices were a necessary inconvenience to preserve the “future of the liberal world order,” amid the ongoing Russian invasion of Ukraine.
The average price of gas exceeded $5 per gallon for the first time in U.S. history in early June.
Inflation is running rampant, federal spending is out of control, gas prices are at an all-time high and Americans are pessimistic on the future outlook of the economy. So what is President Joe Biden’s solution?
He has released a budget proposal that includes 36 tax increases on families and businesses totaling $2.5 trillion over the next decade. Alarmingly, this includes 11 tax increases on the oil and gas industry, taxes that will put a burden on households.
The budget doesn’t even include all the tax increases being pushed by Democrats because the budget omits the cost of tax increases within their stalled multi-trillion dollar Build Back Better Act. Instead of detailing these tax increases, the Biden budget includes a placeholder asserting that any new spending will be fully offset.
President Joe Biden has continuously stated that “climate change” is the highest priority of his administration, fueled by Build Back Better spending. We are witnessing the disastrous impacts that establishing the wrong priorities can have.
On the day Biden became President, America was energy independent, our borders were secure, and the world was relatively peaceful.
Biden has done everything possible to shut down, curtail, and undermine American energy production. First, he shut down the permitted Keystone Pipeline. Then he eliminated fracking on federal lands, and slowed permits for new oil fields.
Wednesday morning on The Tennessee Star Report, host Leahy welcomed the original all-star panelist Crom Carmichael in studio for another edition of Crom’s Crommentary.
Monday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Congressman Tim Burchett to the newsmakers line to discuss the gross spending bill recently passed by Congress and what it means for the American consumer.
Energy experts criticized President Joe Biden’s plan to prioritize wind farms, arguing wind power is costly, inefficient and indirectly produces greenhouse gas emissions.
Wind energy, like solar, is often unreliable since it is intermittent, or highly dependent on nature and out of the control of suppliers, according to the experts. Higher reliance on wind to produce even a fraction of a nation’s energy supply, therefore, cou ld lead to higher prices depending on the weather.
“Both wind and solar have Achilles heels in that they’re intermittent,” Dan Kish, a senior fellow at the Institute for Energy Research, told the Daily Caller News Foundation in an interview.