"Today, energy prices are at historic highs. Some analysts estimate that energy price shocks this year could cost American consumers more than $40 billion. Speaking very frankly, we cannot afford this kind of expense"
- Jeff Bingaman
About this Quote
This quote by Jeff Bingaman speaks with the existing state of energy prices in the United States. He acknowledges that energy rates are at historic highs which this could cost American consumers more than $40 billion this year. He highlights the severity of this situation by stating that we can not manage this sort of cost. This quote highlights the requirement for the United States to discover ways to decrease energy costs and become more energy effective in order to safeguard customers from the financial burden of high energy rates. It likewise works as a pointer of the importance of investing in renewable energy sources in order to reduce our reliance on fossil fuels and develop a more sustainable energy future.
This quote is written / told by Jeff Bingaman somewhere between October 3, 1943 and today. He/she was a famous Politician from USA.
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