|Green Energy Regulations Disrupt US Fuel Supplies|
|by Tom McGregor||Tue, Jan 21, 2014, 07:10 PM|
Amidst fierce winter storms striking much of the United States, many Americans are not only paying higher electricity bills, but fuel shortages are a frequent occurrence. Many energy experts are citing President Barack Obama's Green Energy as responsible for the nationwide home-heating crisis.
The Houston Chronicle reports that, "A second fierce blast of winter weather is sapping fuel supplies in many regions and sending prices for propane and natural gas to record highs. Higher natural gas prices are also leading to sharply higher wholesale electricity prices as power utilities snap up gas at almost any price to run power plants to meet higher-than-normal winter demand."
The Environmental Protection Agency (EPA) has stiffened regulations against energy suppliers, while Obama has declared a war on coal and a war on Texas.
According to the Houston Chronicle, "Propane users will get pinched the most. Those who find themselves suddenly needing to fill their tanks could be paying $100 to $200 more per fill up than a month ago. Homeowners who use natural gas and electricity will see higher heating bills because they'll use more fuel. But prices won't rise dramatically because utilities only buy a small portion of the fuel at the elevated prices."
Obama is unlikely to support a Canadian oil company that had planned to build a Keyston Pipeline to ship natural gas to Houston gas refineries.
To read the entire article from the Houston Chronicle, link here:
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