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Energy Secretary Chris Wright announced on Sept. 29 a government-led initiative to boost coal use and production in the U.S. As he told Fox News anchor Maria Bartiromo in an interview: this will not sit well with the Chardonnay set.
As electricity prices soar across the U.S., thanks in part to dogged efforts by blue-state officials to dump fossil fuels, those climate-obsessed voices will be drowned out by those of struggling consumers.
Over the two decades from January 1985 through January 2005, electricity prices in the U.S. climbed by only 19%; in the following 20 years until January of this year, electricity prices exploded by more than 90%. Just this year, the price per kilowatt-hour has jumped another 6%.
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