And it has to be this one. Well, he did promise energy rates would "necessarily skyrocket" and it appears they are about to:
This isn’t just hyperbole. A survey of electricity executive indicates 90 percent of them expect the costs of moving away from coal power plants to lead to higher electricity bills for consumers. More than half of the survey respondents predict at least a 10 percent increase.
More than a survey, as Phil Kerpen, President of American Commitment, reports:
…PJM Interconnection, the company that operates the electric grid for 13 states held its 2015 capacity auction…The market-clearing price for new 2015 capacity – almost all natural gas – was $136 per megawatt. That’s eight times higher than the price for 2012, which was just $16 per megawatt.
But don’t expect this White House to care. They have no reason to. These price spikes are a few years away and will come long after President Obama will face voters for the last time. He’ll either be a President in his last term or a former President, neither of which carry accountability.
Of course, this would come on the heels of "Taxmageddon" an economy crushing combination of tax increases coming next year, if somebody doesn't do something.