Best Solution For High Energy Prices In USA

Rising prices for fossil fuels, Oil, Natural gas and Coal lead to record profits for the companies this year.

Gasoline prices up by 18.2%, Electricity 15.5% and 33.1% for Natural gas in the USA. These energy prices are unaffordable for lower income families.

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US Census Bureau Report Survey show that 47.7% families earns between $35,000 and $50,000.

In winter, heat of homes by natural gas, electricity or heating coil prices may increase by 28%, 10% and 27% respectively.

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European Union approved a policy to tax energy company profits that are more than 20% higher than average yearly profits since 2018.

These Company's Profits will go to businesses and household to offset higher energy prices.

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Legislation has been introduced in the US for tax Excess Petroleum Profits. The fund raised by the tax would be distributed to single fliers who make less than $15,000.

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