The administration failed to mention that much of that cost is due to their own policies
US government says all Americans will pay much more for natural gas this winter
The Energy Information Administration (EIA) has released data on projected energy costs, indicating that Americans can expect to pay higher fees for natural gas for the upcoming winter.
The EIA said it forecasted that U.S. households that primarily use natural gas for heating will spend an average of $931 on heating this winter – a whopping 28%, or $206, more than last year.
Nearly half of all U.S. homes rely on natural gas as the primary heating fuel, according to the U.S. Census Bureau’s 2021 American Community Survey.
The expected increase in natural gas bills, according to the EIA, is due to higher retail natural gas prices. The agency said it expected retail natural gas prices to rise 22%, from $13.02 per thousand cubic feet (McF) last winter, to $15.95/McF this winter.
It’s not like the Brandon admin hasn’t worked hard to cause the price of natural gas to spike or anything, right? But, see, the climate cultists want the high prices to happen
(Energy News Network) With natural gas prices climbing, clean energy advocates say regulators need to reconsider a Nixon-era practice that lets utilities pass along fuel costs to customers with little regulatory oversight.
Since the early 1970s, ratepayers have typically been the ones to pay — or benefit from — fluctuations in power plant fuel prices, which often show up on customers’ bills on a separate line called a fuel adjustment clause. It has been a good arrangement for customers for much of this century as the fracking revolution drove down natural gas prices and replaced more expensive coal.
Clean energy advocates say the passthrough nature of fuel costs means utilities have little motivation to change their generation mix in response to rising prices. As a result, critics say there’s less incentive for utilities to seek lower-cost alternatives to natural gas and coal such as wind and solar.
Except, they aren’t lower cost, they aren’t reliable, and aren’t dependable. But, if natural gas continues to spike in price, the climate cult can make solar and wind look better. Of course, it won’t work in the parts of the country that get really cold. Those people can just suffer for the beliefs of the climate cult, who tend not to live in those really cold areas.
(Real Clear Energy) But voters see and feel the downsides of Biden’s war on fossil fuels: the high costs of gasoline, electricity, and other utilities, which in turn increase the costs of food, rent, and consumer goods. Those effects, moreover, coincide with high general inflation, a cratering stock market, and negative GDP growth in two consecutive quarters. Biden tries to blame Vladimir Putin and Big Oil for America’s energy woes. That is nonsense, and the public isn’t buying it.
The Elites do not care.
We heard the warning loud and clear during his campaign.
Of course, electricity prices have spiked as well, so if you use a heat pump or electric baseboard heating, guess what? That’ll cost you more this winter, too! If you use heating oil, the price of that will increase as well, as the price of oil continues to rise.
You know what electricity won’t increase that much? Electricity generated by burning coal, because coal prices have remained relatively flat.
Of course, the next ‘official’ inflation report won’t be released until after the election, but consumers will continue to see prices creeping up, at the grocery store, at the filling station, and in their utility bills.
people in my area are laying in firewood for wood stoves. Despite EPA frowns, wood stoves are still quite popular in my area. This year people will be using woodstoves for primary heating instead of decorative or secondary heating.
[Sigh!] I wish that Mrs Pico hadn’t been so adamantly opposed to a wood stove in our current home, saying that they make too much of a mess. I loved our wood stove in our last house!
But at least we have our propane fireplace in front of recliners!
Alas! Mochi, our chocolate half-lab/half Australian shepherd thinks that the recliners were bought to be her bed.
wood stoves warm you twice. Once when you burn the wood, and a second time when you go outside to gather, cut, split, and stack more wood. In my area, firewood is free. Paying someone to do all that labor and put it in a woodpile is what costs. My winter stock gets delivered Friday. I’m too old (and smart) to do all that work myself.
Teach it is true “elites” don’t care They OWN the energy companies that are making as much money as they possibly can. Are you suggesting that the Dark Brandon should somehow cap their obscene profits??? Why that would be SOCIALISM.
Fossil fuel companies sell at the price that gives them the highest profits. Do you want BIG GOVERNMENT to stop that? Regulate it like states fo with water and electric prices?
Fossil fuel companies are earning all time high record profits. Why should they produce more ?