in

AngryAngry CryCry OMGOMG LOLLOL LoveLove

Biden Plans To Make Living In America Even Less Affordable

Get ready to pay big this winter!

According to the U.S. Energy Information Administration, Americans can expect energy prices to skyrocket this winter and be more expensive than any season since 2007.

“In our October Short-Term Energy Outlook (STEO), we forecast that natural gas spot prices at the U.S. benchmark Henry Hub will average $5.67 per million British thermal units (MMBtu) between October and March, the highest winter price since 2007–2008. The increase in Henry Hub prices in recent months and in our forecast reflect below-average storage levels heading into the winter heating season and strong demand for U.S. liquefied natural gas (LNG), even though we’ve seen relatively slow growth in U.S. natural gas production,” the agency reports.

“The U.S. government said Wednesday it expects households to see their heating bills jump as much as 54% compared to last winter,” the Associated Press explains. “Nearly half the homes in the U.S. use natural gas for heat, and they could pay an average $746 this winter, 30% more than a year ago. Those in the Midwest could get particularly pinched, with bills up an estimated 49%, and this could be the most expensive winter for natural-gas heated homes since 2008-2009.”

During his first week in office, President Joe Biden banned new natural gas drilling and exploration on federal lands, limiting the supply available to Americans. After months of lost production and a lawsuit from affected states, the ban was struck down by a federal judge.

“This is a victory not only for the rule of law, but also for the thousands of workers who produce affordable energy for Americans,” Louisiana Attorney General Jeff Landry released in a June statement. “We appreciate that federal courts have once again recognized President Biden is completely outside his authority in his attempt to shut down oil and gas leases on federal lands.”

“Today’s injunction shows the power of our nation’s Republican attorneys general and their ability to halt harmful actions being handed down by the Biden Administration,” South Carolina Attorney General Alan Wilson added. “This is a victory for Americans who have seen gas prices double since President Biden took office, and the Biden Administration should take note before they try to implement policies through the back door.”

Meanwhile, President Biden announced a major wind initiative from the White House Thursday morning. He’s also been begging OPEC to produce more oil.

Sources: TownHall: Wait… Heating Bills Are About to Go Up By How Much?

What do you think?

-3 points
Upvote Downvote

Written by Joshua Jackson

Comments

Leave a Reply
  1. Biden and his administration are so stupid!

    How stupid are they?

    They are so stupid they think inflation either does not matter or it affects rich people more!

    Why is that stupid?

    Becuase poor people can barely afford thing already and inflation makes things less affordable.

    Second inflation cusses spiraling increases in prices. Left unchecked it does not stop.

    This inflation was started and is facing the growth of this new inflation. He should be put in prison for his crimes against humanity.

  2. Watching the rat b******s leaving a sinking ship. Our problems are just beginning. This new crisis. Transportation and distribution. They hope this will take them to midterms. While we are left to deal with this on our own, they will be trying to pass the 6.5 trillion plus pork bill through to passage. Remember, we’re not supposed to be watching them. Yeah, right!

  3. 2007- I remember the price heist in 2007 2008, along with the stock market manipulation. It was all to get oboma elected.

    I despise being manipulated by the mob. They are trying to force us going to electric, or something else, in which they will again manipulate us-all to steal our income.” Electric heat is HORRIBLE. Everyone I know who has switched to it, hates it. Nothing is as cozy as gas. (except the one, truly toxic gas which emits from these usurpers in government.)

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Biden’s Top Deputies Are Dropping Like Flies

Here’s How Low Biden’s Black Vote Approval Rate Really Is