Full Title: Plenty at Stake: Indicators of American Energy Insecurity
Author(s): Senator Lisa Murkowski and Senator Tim Scott
Publisher(s): Office of Senator Lisa Murkowski
Publication Date: September 1, 2014
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Description (excerpt):
Even in the land of energy plenty, however, too many Americans suffer from energy insecurity; they cannot afford the energy required to heat or cool their homes or secure other basic needs such as refrigeration. These Americans, while not suffering from extreme “energy poverty,” are still too often faced with harsh choices between paying for energy and paying for food, medical care, and other basic needs. Their plight forces us to confront two important questions: What is the social cost of increased energy prices? And, conversely, what is the social benefit of lower energy prices? This paper addresses those questions and provides three ways of quantifying the impacts of rising energy costs on American households and families.