Energy Realism this past week focused on real energy solutions and the clear dangers of “green energy” fantasies. Guy Caruso gets us started: with Greens demanding that our mail be delivered via electric vehicles, the U.S. Postal Service should not be a test dummy for the administration’s speculative goals, and it is an insult to taxpayers to treat it this way. Mail service is already suffering in terms of slowdowns and higher costs to consumers. Indeed, this anti-oil agenda is causing a drastic shortage of crude oil, gasoline, and diesel fuel. Nate Scherer realizes that President Biden’s new “plan” to give leases for drilling is not a serious one. Yet, we do have real solutions. While it is true that any relaxation of federal permitting will not have an immediate effect on domestic crude production, that does not mean it will have no effect. It is worth pursuing regardless of the timeframe. Although Greens selectively choose to ignore the progress, the U.S. oil and gas industry is becoming increasingly cleaner. Chris Romer explains the commitment that companies have to reducing their emissions and reaching net-zero goals. When it comes to addressing climate change, by embracing the Measurement Economy, we can make actionable progress on emissions and pursue net-zero with authenticity. The energy unrealists, however, continue to push back on nearly all practical and affordable solutions. And this even includes non-carbon nuclear power. Unfortunately, America’s nuclear industry now seems willing to play the game. Gordon Tomb says that the nuclear power business should focus more on addressing people’s irrational fear of low-level radiation rather than adding to the hysteria around global warming. In any event, the centerpiece strategy to lower emissions is more natural gas, easily our most vital power source at 40% of generation. We keep hearing about power warnings for the coming hot summer. Todd Snitchler knows that more gas is what will prevent blackouts or power rationing from Texas to California. The “only renewables” pipedream of Greens is already making our grid far less reliable. This is why Robert Bryce demands that now is the time to end the lavish subsidies that renewable companies continue to reap. He looks at the pushback in Ohio, where residents have decided to “just say no” to Big Wind. The backlash in rural America against the landscape-blighting encroachment of giant wind turbines is piling up. Our Essential Reading this week therefore is from Power The Future. For example, the progressive Green New Deal is not a market-based solution but one that will rely on huge tax and spending increases and over regulation to achieve its faulty aims. American families and businesses stand to lose the most, saddled with much more expensive, but far less reliable, “green energy.” Just ask spiraling Europe how that embrace is going. In the News Dan Byers, RealClearEnergy Rick Whitbeck, RealClearEnergy Fred Lambert, Electrek DNUYZ Patti Domm, CNBC Alex Kimani, Oil Price Arthur Neslen, The Guardian Bloomberg Tyler Durden, ZeroHedge Reuters Jim Krane, Mark Finley, The Hill Tsvetana Paraskova, Oil Price Jake Bittle, NY Mag Timothy Gardner, Reuters Jon B. Wellinghoff, Paul Cicio, MSN CNBC Television Kevin Book, Clearview Energy Partners managing director, joins 'The Exchange' to discuss oil stocks and gas prices, and the impact of taking Russian oil off the market. CNN Former UK Prime Minister Tony Blair recounts his first meeting with Russian President Vladimir Putin and how he changed from "Western-facing" to "cold and calculating." Fox News ‘Special Report’ All-Star Panel weighs in on the Biden administration’s response to inflation and COVID-19, and protests at SCOTUS justices’ homes. Bridgewater Associates Co-CIOs for Sustainability Karen Karniol-Tambour and Carsten Stendevad discuss how the Ukraine invasion has changed the sustainable investing landscape, what the energy price rally h... CNBC Television Jeff Currie, Goldman Sachs global head of commodities research, joins 'Squawk Box' to break down what's causing a spike in oil prices and lays out his market forecast. |