All told, these profit levels have put the world's five largest publicly traded oil companies on track to earn more than $100 billion before year's end. Yet, at the same time that Big Oil's bottom line is going up, so are Americans' energy costs.
For working-class families and small businesses... we have got to find ways to lower energy costs.
Cap-and-trade is a dangerous policy fraught with the potential for significant corruption, and it would hurt my constituents and our economy by raising energy costs.
Rising energy costs kill jobs and hit America's poorest the hardest.
If the EPA continues unabated, jobs will be shipped to China and India as energy costs skyrocket. Most of the media attention has focused on the EPA's efforts to regulate climate-change emissions, but that is just the beginning.
Proponents of efficiency standards argue that they save consumers and businesses money, reduce energy use, and reduce emissions. But families and businesses already understand how energy costs impact their lives and make decisions accordingly.
Germany has great skill levels, great infrastructure, high-quality plant. If you go to the U.K., we're very creative, and we've got the language, but energy costs are pretty much the most expensive in the Western world; pensions are pretty expensive, and the skills are significantly below those in Germany and the U.S.
Do your analysis of energy costs. Either it comes from windmills and solar or things like nuclear and shale gas. You have to think about how you provide competitive energy for U.K. Ltd.
We don't know what our health care costs are going to be. We don't know what our tax rates are going to be. We don't know what our interest rates are going to be. We don't know what our energy costs are going to be. All these uncertainties are being driven by the Government's agenda. What we really need to do is get Government to step back.
Many have criticized a federal carbon tax, saying that it would increase energy costs. Some continue to oppose it even when that revenue would be used to reduce other taxes in what's known as a tax swap.
