Rahmbo Says "Energy Costs Are Too Low" Which Explains Why Obama Plans to Raise Energy Costs $700 Per Family

Rahm Emanuel said this week that energy costs are too low.
The Washington Times reported:

Mr. Emanuel said energy costs are too low anyway. U.S. car companies have relied too long on gas-guzzling autos and failed to invest in alternative energy vehicles, he said, and contended that the time for new auto fuels is now.

But, don’t worry…
Team Obama will take care of those low energy costs.
The administration plans on raising energy prices with his cap and trade initiative. This will likely cost Americans $700 to $1,400 dollars per family per year.

Even Barack Obama admitted that cap and trade would cause energy prices to skyrocket:

Barack Obama announced last year that cap and trade would cause energy costs to skyrocket:

“Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.”

Mere Rhetoric has more on Team Obama’s plans to raise energy costs.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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