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Sen. Chuck Grassley confirmed how skyrocketing foods costs are relevant to higher electricity prices Friday on “Your Planet.”
Substantial Gasoline Selling prices Value IT FOR ‘FUTURE OF LIBERAL Planet Get,’ WHITE Household ECONOMICS ADVISER TELLS CNN
SEN. GRASSLEY: In a quite standard way, why do we have substantial costs? Because we don’t develop pipelines. We are not drilling. We are not loaning cash to electrical power providers. We are putting supplemental restrictions on fracking. I’ll guess – besides for $.20 of the $2 improve in gasoline tax about the final 12 months – [it] is for the reason that of this president’s lousy energy insurance policies. And just reverse that. I’ll give you just one illustration that I came to on a pair of weekends ago. A person [who]’s got a deal to produce fresh fruits and vegetables – he claims his price tag has absent up 7 and a half cents. He says they are going to go seven and a fifty percent per cent proportion factors – 6 of it is directly connected to the boost in diesel. The trucking, in other words, has absent up because of the significant power price tag. So food items price ranges have absent up not since of Putin, like the president claimed … from Europe at a news conference. It is likely up for the reason that of substantial electricity price ranges.
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