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.
Read: Brandon Admin Warns About Higher Energy Prices This Winter »