Biden's energy price increases

 Heartland:

Energy prices have continued to rise under President Joe Biden’s radical energy and climate agenda. In 2021, household electricity prices rose 8 percent. Electricity price increases accelerated even more in 2022, and have now risen 17 percent since December 2020, the last month before Biden took office.1

 Even with substantial 2021 price increases for all major energy sources, the price for each major energy source ended 2022 even higher than its 2021 closing price. 

During the past two years, overall electricity prices rose 17 percent, industrial energy prices increased by 34 percent,2 home heating oil prices rose an incredible 88 percent,3 conventional oil prices rose by 61 percent,4 natural gas prices for residential consumers increased by 51 percent,5 and gasoline prices had risen $1.15 per gallon by the end of 2022.6 

Average Household Paid $2,300 More in Additional Direct Energy Costs 

After two years of Biden’s energy policies, the average U.S. driver7 spent at least an extra $650 per year in higher gasoline costs, and $231 in higher electricity costs over the past two years. Households that use natural gas spent an extra $780 over the past two years, on average, and those using home heating oil paid a whopping $1,725 extra. 

Since Biden entered the Oval Office, the average American household has suffered under the burden of approximately $2,300 in higher direct energy costs. 

Additionally, these higher energy prices have been baked into the costs for all goods and services, especially food prices, and substantially contributes to inflation. With those costs in mind, it’s clear the Biden administration’s energy and climate policies have cost the average U.S. household—directly or indirectly—much more than $2,300.

... 

This is just the beginning of the high price Americans will pay for the Democrats' Big Green agenda.  Along with the high price will come less reliability.

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