Curtis Coleman on Energy & Oil

	Curtis Coleman on Energy & Oil

Use every American energy source to end external dependency

To rescue the U.S. from its terminal dependency on external energy sources, we must use every American energy source to provide American consumers with American energy harvested and generated by American companies employing American workers. While America's energy policy must include the development of renewable energy resources, we must also focus on immediately available technologies to harvest and generate available and affordable energy resources. I support environmentally responsible oil and natural gas drilling off our coasts, in ANWR, and in the shale fields of the Western United States. I also support the development of nuclear power plants and coal-to-liquid fuels, the expansion of our nation's oil refining capacity, and the pursuit of alternative energy sources such as wind, solar, and ethanol produced from cellulosic sources, not food crops. Source: Arkansas 2010 Senate campaign website, CurtisColeman.com , Nov 1, 2010

Cap-and-trade is a massive tax on energy consumption

The proposed "cap-and-trade" legislation would constitute a massive tax on energy consumption which would raise electricity rates 90 percent after adjusting for inflation, raise inflation-adjusted gasoline prices by 58 percent, raise residential natural gas prices by 55 percent, raise an average family's annual energy bill by $1,241. But the $1,241 annual energy bill is just the direct increase in energy prices that consumers will face. As energy prices increase, the cost of making products becomes more expensive. Businesses will have to pass the higher costs of operating onto consumers, which will be reflected in the higher prices we will pay for products. And American businesses will move out of America to locations where they will be able to compete in a global economy without this financial albatross, taking thousands of American jobs with them. Source: Arkansas 2010 Senate campaign website, CurtisColeman.com , Nov 1, 2010

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