Environment & Energy
Related: About this forumSen. Whitehouse Lambasts Trump Energy Policies: "Are they stupid? Or is something darker going on?" - Senator Whitehouse
Senator Whitehouse speaks at a roundtable with Senate Democrats and energy, utility, and labor experts to spotlight how the Trump administrations policies have driven up energy prices for working families.
Sheldon Whitehouse represents Rhode Island in the U.S. Senate, where he champions policies to uphold American leadership in the world, protect our planet in a changing climate, and hold the powerful accountable. - 03/17/2026.
OKIsItJustMe
(21,796 posts)I think its some combination of both.
bucolic_frolic
(54,917 posts)Put another way, it happened in the 1970s. Devalue the currency so the price of everything goes up until everyone's broke. Then give the wealthy tax cuts. The price of everything goes through the moon. Remember prices in 1972? Compare them to 1980, and 2010 and today. It's the equivalent of speeding up the assembly line. Workers have to work more and harder to pay the bills. The profits go to the owners, who see the system as incentivizing work.
It's already happening in commodities, energy, precious metals. Copper, silver, oil, LNG. Have house prices gone up in the last 10 years? For sure. Cost of everything.
Rhiannon12866
(254,665 posts)And for so many, the prices of things they used to buy are becoming unaffordable.
OKIsItJustMe
(21,796 posts)One of my reactions was saying that this was a bit like saying that compared to the tide, the boats in the harbor were at pretty much the same level. (The rising price of oil drives inflation, raising the price of virtually everything else.)
Rhiannon12866
(254,665 posts)But his war lit a match under what was already happening, inflation and unaffordability.
OKIsItJustMe
(21,796 posts)Published March 16, 2026
Diana DiGangi
Reporter
The embattled U.S. offshore wind industry cleared two more hurdles Friday as the 700-MW Revolution Wind offshore Rhode Island became the third offshore wind project to start delivering power, and the 800-MW Vineyard Wind 1 offshore Massachusetts completed construction.
Both projects faced delays after the Trump administration issued a Dec. 22 blanket stop work order halting construction on all five offshore wind projects under development in federal waters, citing national security concerns. Federal judges ultimately ruled in favor of all five projects, allowing them to resume.
Revolution Wind previously won an injunction against a September stop work order from Trump which specifically targeted that project and also cited national security concerns. The project is being developed by Ørsted and Global Infrastructure Partners Skyborn Renewables.
The project is close to completion and is expected to supply enough electricity to power more than 350,000 homes and businesses, Ørsted said. The project will deliver power under fixed-price, 20-year agreements with energy utilities in Rhode Island and Connecticut.