(VIDEO) BREAKING: OBAMA FINALLY FULFILLS A PROMISE BUT IT’S NOT GOOD NEWS FOR THE MIDDLE CLASS

Obama told the San Francisco Chronical in 2008 exactly what he’d do about energy:

“Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.”

YOU CAN’T SAY HE DIDN’T WARN US:

He then appointed Energy Secretary Chu who had this to say about energy:

“Coal is My Worst Nightmare.”— Secretary of Energy, Steven Chu, April 23, 2007, presentation at U.C. Berkeley

“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.”— Secretary of Energy, Steven Chu, September 2008
THE WHITE HOUSE RELEASE THIS TWEET TO ANNOUNCE OBAMA’S PLAN TO RELEASE THE NEW ENERGY POLICY ON MONDAY:

BREAKING: On Monday, President Obama will release the final version of America’s Clean Power Plan—the biggest, most important step we’ve ever taken to combat climate change. If you agree that we can’t condemn our kids and grandkids to a planet that’s beyond fixing, share this video with your friends and family. It’s time to ‪#‎ActOnClimate‬.

OBAMA’S ENERGY ACTION PLAN

ENERGY RATES HAVE ALREADY GONE UP 38% UNDER OBAMA:
Gasoline prices are plummeting and natural gas prices are relatively low, but electricity prices are still climbing. Not only that, residential electricity prices are expected to hit record levels in 2015 and 2016, according to federal government projections.

U.S. average electricity rates will hit a record high, this year, at 38 percent higher than they were in 2001, according to the Energy Information Administration. That record is expected to be beaten in 2016, as prices hit 12.86 cents per kilowatthour (kWh)– the highest annual average price in the 21st century.

Electricity prices have been creeping up since 2001, according EIA data, and prices are set to rise even further as coal-fired power plants are shut down due to Environmental Protection Agency clean air regulations. So far, 381 coal-fired generators are slated to shutdown over the coming years due to EPA rules.

The Energy Information Administration (EIA) expects retail electricity prices to “increase by 1.1 percent in 2015 and by 1.8 percent in 2016.” Pretty much the whole country will see their electricity rates rise in 2015, says EIA, with the highest rises — nearly 4 percent — hitting New England residents.

Read more: http://dailycaller.com/2015/01/14/pay-the-man-electricity-rates-soar-to-record-levels-as-obama-shutters-coal-plants/#ixzz3hgg4vsBZ


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