John W. Peterson said "Yes. The cost for nuclear is $13.54, and there is a new nuclear. Coal, $20.80; natural gas, $49.51; and nonhydro, $68. Now, we need them all for the portfolio, but we have to have affordable, available energy or Americans won't have jobs. In my view, energy costs are the biggest job killer in America and have been this decade. We blame it on other things, but the cost of energy since it has spiked has stayed there, and we now are at a high plateau where future spikes are coming. We just need a storm, we just need a country to topple, and we'll have $100 oil. And we know $100 oil would be $4 or more for gasoline. We understand that." @ PoliticalQuotes.com

On the recordSeptember 6, 2007

Yes. The cost for nuclear is $13.54, and there is a new nuclear. Coal, $20.80; natural gas, $49.51; and nonhydro, $68. Now, we need them all for the portfolio, but we have to have affordable, available energy or Americans won't have jobs. In my view, energy costs are the biggest job killer in America and have been this decade. We blame it on other things, but the cost of energy since it has spiked has stayed there, and we now are at a high plateau where future spikes are coming. We just need a storm, we just need a country to topple, and we'll have $100 oil. And we know $100 oil would be $4 or more for gasoline. We understand that.

Said by

John W. Peterson

Pennsylvania

Source

govinfo.gov

Editor's note · Context

Discussing the impact of energy costs on jobs and the economy.

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