Just a few examples of the govt interfering
Michigan governor Gretchen Whitmer is pursuing closure of a major oil and gas pipeline, the Enbridge Line 5, which carries supplies from Western Canada to energy users in five midwestern states.
A new study estimates that individuals and businesses in the five affected states would spend $23 billion more on energy costs over the next five years if the line closes, on top of any additional energy costs resulting from a sustained war in Ukraine. Hardest hit would be users in Michigan and Ohio, who would each sustain about $2 billion a year in new costs.
Pennsylvania governor Tom Wolf has been trying for four years to join the Regional Greenhouse Gas Initiative, a consortium of states that agree to tax power plants and funnel the revenues into cleaner energy sources. So far Republicans in Harrisburg have blocked him, arguing that the estimated $410 million in taxes on the state’s power plants would be passed on to consumers in the form of higher price
Colorado, is sharply increasing regulatory oversight of the industry at enormous costs. The state’s Democratic legislature granted extensive new oversight powers to the Colorado Oil and Gas Conservation Commission in 2019, and last week the group announced that it was vastly increasing financial guarantees that oil and gas well owners must make to operate wells. The new costs, ranging from 10 to 30 times larger than the former financial guarantees, add to regulatory expenses that already amount to some $500 million a year for producers
California has raised energy costs for residents, including by setting its own Low Carbon Fuel Standard, aimed at reducing carbon emissions from cars and trucks, well beyond federal fuel standards. Enhanced fuel standards like those in California come at a heavy price, opponents argue, adding as much as 17 cents a gallon to the price of gasoline.
NYS has banned fracking for years