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Biden’s Energy Policies Cost U.S. Households More Than $1,000 in 2021

Illinois Review by Illinois Review
February 18, 2022
in Illinois News
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UnnamedThe average U.S. household in 2021 spent an extra $600 in higher gasoline costs and $70 in higher electricity costs due to the Biden administration's energy policies.

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KEY POINTS

DURING THE PAST YEAR:

  • Overall electricity prices rose 8 percent 
  • Industrial electricity prices rose 15 percent
  • Home heating oil prices increased by 43 percent
  • Oil prices rose 60 percent
  • Natural gas prices surged by 61 percent
  • The price of gasoline rose 98 cents per gallon, about 42 percent

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