John at Powerline ...
The Obama administration's energy policies have been a disaster, assuming that American decline is not your objective. We have written many times about the administration's efforts to suppress development of our oil resources, but coal is equally important. The United States is blessed with extraordinary deposits of coal, but Obama is determined to prevent us from using it to generate cheap and plentiful electricity. Obama wasn't kidding when he said, as a candidate, that his policies would cause electricity prices to "skyrocket."
As a result of EPA regulations, American Electric Power, one of the country's largest utilities, will shut down five power plants, raise rates up to 35% and get rid of 600 jobs.
You have to wonder if this much economic destruction is a byproduct of the Obama administration policy or the objective.
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