Congressional Republicans blamed the Biden administration for increased coal prices, and even shortages not seen in decades, as temperatures cool and Americans turn on their heaters.
The Biden Administration's disastrous economic agenda has targeted our fossil fuel industry, creating a worker shortage at a time when demand for coal is high because of its affordability and reliability as an energy source, Rep. Liz Cheney, R-Wyo. A statement was made by FOX Business.
She said coal is essential to her state's economy.
Cheney said that the Administration must reverse their attacks on the energy industry, and put in place policies that will allow more people to enter the workforce, with families already feeling the effects of rising inflation. In the last few months, energy prices are on the rise, and coal shortages are hitting economies across the world. The Wall Street Journal reported Tuesday that U.S. coal stockpiles at power plants are lower than they were since the 1970s and coal prices are higher than they've been in over a decade.
The Journal reported that many factors are affecting coal supply, including decreased production capacity, as other fossil fuels take over its market share. The paper states that nationwide supply chain struggles are also contributing to the problem.
The Biden administration's failed policies are responsible for shortages across the economy, including resources needed to meet our energy demands, according to Rep. Kelly Armstrong, R-N. D., told FOX Business.
The congressman said that we need to empower energy producers in North Dakota and around the country to give baseload power to millions of Americans, not burden them with more regulations and red tape that do nothing to make our air and water cleaner.
One of the biggest problems coal companies face right now is lack of workers, which the Biden administration s COVID 19 policies have made worse, Sen. Cynthia Lummis, R-Wyo. In a statement, a statement was made.
She said that the Biden administration's hostility to American mineral extraction and energy production is harmful, and I would like to see the Biden administration support all American energy production efforts. This would relieve the high demands on coal but also oil and natural gas. Any less than that is ignoring reality and forcing Americans to rely on foreign competitors for their energy needs. Sen. Joe Manchin, D-W. Va., a former critic of Biden's energy policies, didn't respond to a request for comment. The White House didn't want to say anything.