Obamas Secret Mission Is Bankrupting Americans

September 18, 2013 – Via: WesternJournalism

Senate Minority Leader Mitch McConnell is hopping mad at Obama. Why? Well, McConnell is from Kentucky, one of the coal-producing states that’s about to take it in the chops from new Environmental Protection Agency (EPA) regulations.

McConnell explained the reason for his anger, saying, “The Obama administration has been waging a war on coal and Kentucky jobs ever since the president was elected. If these reports are accurate, his latest proposal is not only an open war on coal jobs, but on all the residents, jobs, and businesses across the commonwealth that rely on this vital industry.”

And guess what? McConnell is right. These regulations will sock it to Kentucky. The mines and coal-producing companies will likely have to lay off more employees. But what McConnell and the rest of the D.C. insiders have failed to mention is that everyone with a light switch, TV, or any other use for electricity will also be a victim of these new regulations.

You see, coal is a cheap way of generating electricity, both in the United States and around the world. And coal plants have been the price leader because the resource is so plentiful. It’s not an exaggeration to call the United States the Saudi Arabia of coal. We have vast stores of it in the Appalachian and Rocky Mountains regions. In fact, it’s the fuel that made America an industrial power house.

But environmentalists don’t like coal because of its carbon footprint. You see, power generation creates almost 40% of the greenhouse gases emitted in the United States, and coal is a prime offender. But natural gas, on the other hand, emits about half as much carbon dioxide as coal. By moving toward natural gas, Obama will please the environmentalist lobby, a core constituency of his.

Natural Gas Takes the Lead  [READ FULL]