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Editor, News-Register:
Owning property is never easy and even harder when economic times are tough. When the state's economy is doing better, property values rise. When property values rise, owners can utilize equity and reinvest the money in home improvements and other capital expenditures. This directly creates jobs throughout the local economy.
That's why I want our state to pursue an All-the-Above Energy strategy that includes fossil fuels and feasible clean and renewable resources. More energy supply lowers the cost of energy. Every property owner benefits from lower energy costs. That allows them to invest the saved money elsewhere. American energy also ensures energy security. Everyone wins.
Beyond the direct benefits of job creation and energy security, fossil and renewable energy investments can trigger a ripple effect throughout the economy. Local communities thrive as projects boost local economies through increased employment, land leases, and tax revenues. Our energy costs will level off and even decrease thanks to continued technological advancements as well.
Additionally, all energy projects often require a wide range of services from local businesses, further stimulating economic activity. I hope our leaders see just how strong the economic case is for an All-the-Above Energy policy.
David Corum
Wheeling