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Energy in America: Cost

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    Calculating the price of energy resources

  • Duration 2:11
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We continue our energy in America series tonight with a look at the cost of the energy you use in your home.

Correspondent -- -- Keller reports as one industry grows.

Another may be in danger.

It was 2008 when -- presidential candidate senator Barack Obama.

Offered this forecast about America's most abundant energy resource.

If somebody wants to build -- -- power -- they can.

It's just that -- will bankrupt them because they're gonna be charged a huge sum for all that greenhouse gas that's being emitted.

The cap and trade bill that would have impose huge costs on power companies died in the last congress but a spate of EPA regulations as effectively taken its place we have.

Things coming down every day new rules for pros regulations.

That are shutting our coal industry the administration hopes that natural gas now funded through the new technology of fracking.

Will serve as a transitional fuel as the nation inevitably progresses to renewable.

There's been a doubling of solar power in the last few years -- Take off in times of solar as batteries become even -- Her critics point out that -- still generates 42% of the nation's energy natural gas 25%.

Nuclear 19% and wind power a scant 3%.

Natural gas is almost four times more expensive than coal averaging five dollars and 75 cents per million BTUs over a ten year period.

Where is the price of coal averaged one dollar and 46 cents per million BTUs over the same period.

You can't replace that's such a low cost item for a long term I made -- guess is not always going to be at two dollars and MC AF we all know that.

Did not exist in the last couple years it was fourteen dollars.

As with oil natural gas prices fluctuate in part on the hunches of speculators there's a growing sentiment out there that the gas actually isn't profitable.

-- it's nearly three times the current price were pressing our energy economy in -- for the larger economy on assumptions that.

Are shaky.

Evidence of the president's reluctance to embrace cool as recently as Wednesday his campaign web -- failed to even mention -- in a graphic of its all of the above energy plan.

It quietly appeared later in the week after Republicans complained --

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