In his State of the Union address, President Obama said, “in fields from Iowa to Texas, wind power is now cheaper than dirtier, conventional power.” That is true in some pockets of the country, but the national average for coal and gas prices is still less.
Issues: Natural Gas
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Carson Overlooks Russia’s Reserves
Biden Resurrects Bogus Talking Points
Checking Inhofe’s Energy Statistics on China
PAC’s Email Spreads Energy Conspiracy Theory
In a fundraising email, a conservative PAC claims President Barack Obama is raising natural gas prices to pay for failed green energy companies. But the letter offers only false claims and twisted facts to support this conspiracy theory.
The email says Solar Trust of America, a now-bankrupt company, received “the second largest loan ever handed out by the Department of Energy.” STA never took a government-backed dime. The firm was conditionally approved for the financing, but ultimately turned it down.