A new report from the Consumer Federation of America (CFA) shows just how much energy costs have skyrocketed in recent years.
According to the report, household energy expenditures (home heating and gasoline) have nearly doubled in just the last five years, and are now 50 percent more than health care expenditures and 23 percent more than spending on food.
CFA also released a new poll revealing deep concern among consumers about the worsening energy situation and strong support for three key policies to begin addressing it, including higher passenger vehicle fuel economy standards, the purchase of renewable energy by electric utilities and increased production of biofuels.
The survey indicates that 84 percent of Americans support those three key policies contained in Congressional energy legislation, and 75 percent still support them even after hearing arguments from opponents of the legislation.