Shutting Down Coal-Powered Plants Is Making Energy More Expensive, and Hydraulic Fracturing More Common

SAN FRANCISCO, CA – MAY 30: Protestors hold signs during a demonstration against fracking in California outside of the Hiram W. Johnson State Office Building on May 30, 2013 in San Francisco, California. Dozens of protesters with the group Californians Against Fracking staged a protest outside of California Gov. Jerry Brown’s San Francisco offices demanding that Gov. Brown ban fracking in the state. (Photo by Justin Sullivan/Getty Images)
By Aaron Dykes
TruthStreamMedia.com
June 19, 2013

Although coal is dirty, regulations have helped clean it up, and natural gas from fracking is worse… but hydraulic fracturing is exactly what Obama is using to replace coal – at great cost to the environment.

Based on what we already known about fracking, it is contributing to groundwater contamination, adding radioactive material into water supplies, creating at least minor earthquakes and tremors and otherwise creating massive pollution and contamination.


Yet, President Obama’s new Secretary of Energy, Ernest Moniz, is closely tied to the burgeoning industry, having helpedpromote the ‘fracking revolution.’ There is little wonder how he will play out his energy policy.

Meanwhile, Exxon Mobil and other big oil players are boosting production in shale-based natural gas obtained through fracking, it is becoming a major share of their business, approaching oil production.

Wind, solar and hydro forms of power may have potential on the individual, regional or theoretic level, but their viability on the mass scale has proven limited, and as such are mainly tools of propaganda and rhetoric, not energy independence.

While Wall Street-based carbon trading schemes and the fracking industry are busy raking in the profits, this new era of energy is only greener because it costs your family more $$$ to supply it. Austerity and artificial supply limits will be used to charge more for less, as the rates for your household skyrocket in the coming years.

Don’t catch my drift? Just take a look at what Enron admittedly did with energy prices in California after it artificially shut down the electricity supply and jacked up rates many times over just to suck profits off of hard working ordinary people.