Failing to recognize the economic implications on the trucking industry and all consuming industries is a big miss, because those families that could least afford to pay it, those that are on fixed incomes or in low-income families, are the ones that are hurt the worst when we see energy prices go up.
Holt emphasizes the negative effects of rising energy prices on low-income families.
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Restrictive energy policies like those imposed on the Gulf are not advancing our environmental goals in a meaningful way.
If your policies are designed to intentionally restrict energy of some kind, and therefore increase energy prices, then that small business, that restaurant that employs 50, 60 people that sees their electricity prices go up by 30 percent…
We've seen American families and businesses suffer greatly from record inflation, much of which can be attributed to rising energy costs.
The DOE has reported that restricting offshore oil and gas could actually increase emissions.
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