0ABC News - Carbon pricing explained

[Because of the biggest scientific fraud in human history, massive tax and huge new bureaucracy appear; bad weather allegedly gets prevented]

Electric shock for millions as British Gas raises prices by 18 per cent | News

Energy and Climate Change Secretary Chris Huhne responded by calling for "radical reform" in the industry.

He said: "I'm pushing the big six suppliers to help their customers overhaul their draughty homes and understand the best tariffs on offer, and I'm backing new entrants to bring more competition to the market.

"The UK electricity market has to change. Only radical reform will give us the best chance in the long run of keeping the lights on at a price that doesn't wreck our economy over and over again."

Articles: Obama's Plan for $10 Gas

American drivers are angry at having to pay $4 a gallon for gas, and understandably so. Their anger is often directed at the oil companies that supply the gas. It should be directed at Barack Obama instead.

From the beginning of his appearance on the national stage, Obama has focused on the goal of driving up energy prices with the idea of "weaning" America off fossil fuels. He has succeeded in driving up prices, all right, but not in reducing dependence on fossil fuels. According to "The Outlook for Energy 2011," fossil fuels now supply 80% of global demand. That percentage will remain unchanged through 2030 despite hundreds of billions in subsidies squandered on wind and solar.

Nor has Obama succeeded in reducing our dependence on foreign sources of oil.

Black Gold Rush In Texas

U.S. oil companies are rushing to stake their claims for shale oil acreage in the PermianBasin, an area encompassing 100,000 square miles in western Texas and southeastern New Mexico. The area could contain as much as 106 billion barrels of hydrocarbons.

How did this come about?

Because a new technology is opening up previously unattainable sources of oil. This same technology led to the tripling of U.S. natural gas supplies in recent years.