News / We the People

Black Gold

Thursday, 21 July 2022 12:55 AM [ Last Update: Thursday, 21 July 2022 12:58 AM ]

Americans are feeling the pinch at the pump. Rising gas prices, coupled with high inflation, housing costs and unemployment has caused a crisis in the US economy. Oil prices are over a hundred dollars a barrel and gas prices reached 7 dollars a gallon in some states.

An overwhelming majority of Americans say the country is headed in the wrong direction. Most Americans whether Republican or Democrat think the countrys economic situation is poor. The Biden administration has asked oil companies to lower gas prices at the pump and the shortage of natural gas supply has caused countries around the world including the US to burn more coal for electricity.

In this episode we will discuss the energy crisis in the United States. Why are prices at the pump so high and how has it affected the governments approval ratings among US citizens. The once again rise of burning coal to produce electricity and how the United States is abandoning its environmental commitments in reducing the countrys carbon footprint.

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