Energy Realism last week gave us a reality check on electricity and the inescapable choices that we must make to secure reliable and affordable power. Kevin Mooney got us started last week: the LA riots aren’t Gavin Newsom’s biggest defeat, that would be the EV mandate. A coalition devoted to consumer choice has scored major victory for constitutional government, thanks to President Trump and congressional Republicans. And Paul Steidler reminds us that we have to be very careful with our electricity choices and grid. This is very serious business now: it is not a question of if, but to what extent China has penetrated America’s electric grid through relentless, sophisticated cyberattacks. As he was leaving office in January, FBI Director Christopher Wray told 60 Minutes, and anyone else who would listen, that China was positioned to “wreak havoc” on critical infrastructure, particularly the electric grid and water systems. Jude Clemente at Forbes confirms just how valuable reliable power will be in the AI race against China. Yes, renewables can help, but the backbone will simply have to stay at fossil fuels and nuclear power. Sorry greens, but physics and national security demand it. In the News Jude Clemente, Forbes The Miller Report, RealClearInvestigations Neil Chatterjee, RealClearEnergy Jeff Brady, NPR Gary Abernathy, RealClearEnergy Tilak Doshi John Szoka, RealClearEnergy Addison McDowell, RealClearEnergy Brenda Shaffer, RealClearEnergy Kevin Mooney, RealClearEnergy Suvrat Kothari, Inside EVs Irina Slav, Oil Price Jordan McGillis, RealClearEnergy Fred H. Hutchison, RealClearEnergy Neil Chatterjee, RealClearEnergy Schwab Network Sam Stovall thinks oil prices can move over $100 a barrel, with a base case of $65/barrel. Looking at stocks, he says that the ones that are “most beat up” tend to see the biggest re... CNBC CNBC's Brian Sullivan reports on the latest news regarding the global oil complex. |