Most countries around the world think that it’s a good thing to have cheap energy.But in California, we have plenty of cheap energy available, just not the political will to access it.
California depends on natural gas-driven turbines and hydroelectric generators to provide just 38 percent of its oil needs. The state imports 12 percent of its oil from Alaska, and another 50 percent from foreign nations, relying heavily on Canada.
So why are California’s utilities warning of potential rolling blackouts again?
It’s political. And it’s corrupt.
Highest Electricity Rates = Less Power in CA
California’s natural gas shale formation is one of the largest in the world. And, California has been a pioneer in renewable energy, albeit still unreliable and unproven. Yet warnings are already coming that Californians may have rolling blackouts this summer. While… Read More