Why You Should Blame Trump When Your Energy Bills Go Up

https://www.nytimes.com/2025/10/09/opinion/trump-energy-bills-prices.html?unlocked_article_code=1.sE8.ij8Y.rsnDjPcDW0Do

by silence7

3 comments
  1. Solid article with proof to back up the claim. But, release the Epstein files

  2. Cause he’s doing everything in his power to pander to special interests and to screw the American people.

  3. Although it’s not mentioned in the opinion piece, there is another element to this as well. In addition to the cuts to renewables initiated by the administration, BlackRock, the world’s largest asset manager, is actively buying up and consolidating companies in the electricity generation market—**so they can charge monopoly rents**. Further exacerbating the problem. From *[A More Perfect Union](https://perfectunion.us/)*:

    > [Why BlackRock Wants to Buy Your Power Company](https://substack.perfectunion.us/p/why-blackrock-wants-to-buy-your-power): *Utility costs are soaring from the AI boom — and asset managers want to cash in.*—By Brock Hrehor | Sep 25, 2025 (*SubStack*)

    And:
    >
    > [The BlackRock Situation Just Got Worse…](https://www.youtube.com/watch?v=uwTxjZK17bs) | Sep. 18, 2025 [15 Min.] (*YouTube*)

    All of which was all but explicitly laid out as a move going forward by BlackRock CEO Larry Fink in 2024 speaking at *The World Economic Forum* here:

    > [Investing amid Global Fracture](https://youtu.be/PoRVYFHNc6k?t=2787) | Apr. 29, 2024 [linked to relevant segment] (*YouTube*)

    Also, this year we saw OpenAI add a [BlackRock exec to its board](https://www.cnbc.com/2025/01/14/openai-says-blackrock-exec-adebayo-ogunlesi-is-joining-board.html) at the start of the year. And OpenAI just this last week [released the Sora AI video generation app](https://www.npr.org/2025/10/03/nx-s1-5560200/openai-sora-social-media). Which will [further drive demand for electricity](https://au.rollingstone.com/culture/culture-features/sora-2-openai-video-rollout-copyright-85043/) in the U.S. And BlackRock is there—positioning itself as both the driver and supplier of it all.

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