Tuesday, August 18, 2009

Obama's energy plan: Higher energy costs kick in as soon as the bill's provisions take effect in 2012

Are you prepared to live without gasoline, diesel, kerosene, jet fuel, pharmaceuticals, medical supplies, and heating oil? Can you afford electricity, coal, natural gas at a cost more than 100% increase per household, over what you are paying now? That is exactly what we will do if the Waxman-Markey Bill (Cap and Trade) if written in its present form is passed. This is not an exaggeration or a pessimistic opinion, but the honest truth. Obama admits it in his campaign to wean the U.S. off of Crude Oil Petroleum products. The intent is to go "Cold Turkey" by making Crude Oil Products beyond affordability by every American homeowner. The Tax Cost on the Oil Refineries and Chemical Plants ability to produce the products would be more than consumers to afford to purchase the product. Remember just last year when gasoline prices were $4.00 plus. That will be nothing compared to the effects of this bill.
Obama's Energy Plan: Mandated Scarcity in the Richest Country in the World

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