The Biden-Harris administration released data on Oct. 17 suggesting its push to electrify everything will ratchet up costs for American households, contradicting one of the White House’s favorite selling points for its green agenda, experts told the Daily Caller News Foundation.
The Biden-Harris administration has made a crackdown on residential fossil fuel consumption a key aspect of its environmental strategy, justifying the push in part on the grounds electrification will lower energy costs. Now, Oct. 17 residential energy price data from the Department of Energy (DOE) shows electricity was roughly four times as expensive as natural gas in 2024, with experts telling the DCNF the White House’s electrification push is an example of extremist climate policy hurting everyday Americans. (RELATED: Forget Stoves! The Biden Admin Is Working Overtime To Phase Out All Your Gas Appliances)
“The Department of Energy has consistently shown that natural gas is a much cheaper energy source for households than electricity,” Daren Bakst, director of the Competitive Enterprise Institute’s Center for Energy and Environment, told the DCNF. “Government policies trying to block the use of natural gas in favor of electricity will significantly drive up prices, making home heating and appliance use needlessly expensive. The poor will get hurt the most because, compared to higher income households, they spend a greater share of their household income on meeting basic needs such as staying warm in the winter.”
AOC Attacks Republicans Over Gas Stoves
OCASIO-CORTEZ: "I do think it's funny, the…absolute…Republican meltdown…'You can't take my gas stove…How dare you…You have a gas stove.'
"First of all, I rent." pic.twitter.com/F32HhSzEga— Daily Caller (@DailyCaller) January 13, 2023
The Biden-Harris DOE has issued a slew of rules restricting the use of gas appliances, including issuing revised standards on furnaces in September 2023 that could prohibit 40-60% of gas furnaces in homes, and increased efficiency requirements for water heaters that the agency claimed would save U.S. consumers $11.4 billion on their energy and water bills every year.
The Oct. 17 data showed electricity was significantly more expensive than fossil fuels, with a price of $47.36 per million British Thermal Units (BTU) compared to $13.38 and $33.59 per million BTU for natural gas and propane respectively. Thus, according to the Biden-Harris administration’s own data, switching from gas-powered appliances to electric appliances could increase utility costs by over 3.5 times, in addition to heightened installation costs. […]
— Read More: wattsupwiththat.com
Trump Denies “Fake News” Report on Changes to Economic Plans
by Publius
President-elect Donald Trump has refuted a Washington Post report suggesting his aides were considering a more restrained tariff policy. The report claimed that Trump’s transition team was contemplating a tariff plan that would be less extensive than his campaign promises, targeting only imports deemed critical to national or economic security….
Gold Breaks Out With Central Bank Surge and Interest Rate Drops Expected
by Sponsored Post
Precious metals are seeing gains once again following the post-election dip, just as many economists had expected. Even China, which had been holding back for five months, returned to purchasing massive quantities of gold. “Falling U.S. interest rates and ongoing solid demand from central banks are supporting the gold price,”…
JPMorgan: “Debasement Trade” Into Bitcoin and Gold Is Here to Stay
by Tyler Durden, Zero Hedge
(Zero Hedge)—The so-called “debasement trade” into gold and Bitcoin is “here to stay” as investors brace for persistent geopolitical uncertainty, according to a Jan. 3 research note by JPMorgan shared with CoinTelegraph. Gold and BTC “appear to have become more important components of investors’ portfolios structurally” as they increasingly seek to…
Hochul to Increase Payments to a Program That Serves Illegals
by Independent Sentinel
Welfare champion Gov. Kathy Hochul of New York has proposed a huge expansion of the state’s child tax credit. People here illegally can collect. New York is a one party state and Hochul runs it like a dictator. Hochul wants taxpayers to pay for an increase in the maximum credit…
More Details Emerge Regarding the Plan to Kill a Supreme Court Justice
by Zachary Stieber, The Epoch Times
(The Epoch Times)—A California man allegedly told authorities that he flew to the East Coast to kill Supreme Court Justice Brett Kavanaugh, according to newly filed court documents. Nicholas Roske flew across the country from California to Virginia on June 7, 2022, landing just before midnight. He got into a…
Kevin O’Leary Wants to Save TikTok by Buying It and Rewriting Its Algorithm
by The Blaze
“Shark Tank” investor Kevin O’Leary said that he was working on a deal to save the popular TikTok social media platform from being banned in the U.S. over privacy concerns. Republican lawmakers have banned TikTok from being used by state and federal employees after numerous reports that the platform collects…
AI Chatbots Credited With Surge in US Holiday Sales
by Valuetainment
AI-powered tools, particularly chatbots, significantly boosted online holiday sales in the US to $282 billion in 2024, a nearly 4% increase from the previous year, according to Salesforce. Globally, online sales reached $229 billion, up from $199 billion in 2023, as retailers utilized targeted promotions and personalized recommendations to attract…
Dana White Has Joined Meta’s Board of Directors
by Cactus Williams, Discern Report
UFC CEO and long-time friend of Donald Trump, Dana White, has joined Meta’s board of directors alongside Charlie Songhurst and John Elkann. This is just the latest in a series of decisions Meta has made following Trump’s historic electoral victory which seemed to be aimed at cozying up to the…
The Biggest Sale on Beef With 25-Year Shelf-Life EVER
by Sponsored Post
Let’s cut to the chase. Prepper All-Naturals is offering an unprecedented 40% off for its “Beef Steak” survival bags with promo code “steak40”. With a 25-year shelf life and a single ingredient (beef, of course), our most popular product is available for a very limited time with the biggest discount…
McDonald’s to Abandon Diversity ‘Goals’ in Hiring, to Stop Participating in Woke Non-Profit’s ‘Corporate Equality Index’
by The Post Millennial
Filmmaker and cultural commentator Robby Starbuck has gained another scalp in his effort to flip US corporations away from woke agendas focused on DEI, diversity, equity and inclusion. “BIG news,” Starbuck reported on X. “McDonald’s is ending a number of woke DEI policies today. Now let me tell you what’s…
