Energy Realism this past week examined how the hypocritical green agenda to block energy production here at home is bolstering Putin and eroding American energy security. Instead of being a time to reflect on the value of ecological health, Vijay Jayaraj looks at how Earth Day has been hijacked by radical environmentalists and policymakers to advance primitive and destructive technologies to address a “climate crisis.” The Biden administration, for instance, has used climate change to block domestic production of our two most important fuels: the oil and gas that meet 70% of America’s energy demand. Benjamin Zycher argues that the new policy to “open up more federal offshore to produce more” is deeply disingenuous: they simply increased the royalty rate by 50% to 18.75%. It is, however, highly consistent with the incoherence of the overall Biden energy policy. More smoke. More mirrors. This is true even for the development of the “green energy” technologies that the administration demands that we install at all costs. Debra W. Struhsacker details the contradictions and mixed signals coming from the administration. And whether it is really serious about extracting critical minerals from U.S. mines. Ned Mamula & Ann Bridges realize that such natural resource development is essential for our national security, as has been exposed by Putin’s invasion of Ukraine. It is time for policymakers to mount a robust response. California, of course, would offer a logical start due to its immense natural resources. But as Brian Gitt has experienced firsthand, the state’s energy policies have blocked progress at every turn. Higher taxes, power rationing, and limited access to clean water have become the norm. It all comes back to looking inward: we have what we need right here at home. Patrice Douglas demands that the administration stop looking to geopolitical foes to boost energy production. No more begging Venezuela, Iran, and other despots for the energy that we need to run our economy. Indeed, our Essential Reading this week comes from the International Energy Forum that documents how our own investment shortages in new oil and gas production are setting up a market shock that will continue to disrupt global energy security and other international goals. Industry investment over the next few years will have to rise by at least 25% yearly from 2020 levels to stave off an even worse energy crisis by 2030. In the News Fred Lambert, Electrek Joseph Pisani, WSJ Rystad Energy, Oil Price BNN Bloomberg Marlo Lewis Jr., CEI Laura Sanicola, Reuters Chris Varcoe, Calgary Herald Vlad Savov, Bloomberg Irina Slav, Oil Price Bradford Betz, Fox Business BOL News ZeroHedge, Oil Price Jennifer Hiller, David Hodari, WSJ NPR Catherine Clifford, CNBC Fox Business 'Woke Inc' author Vivek Ramaswamy breaks down how Elon Musk can liberate Twitter, Truth Social's sudden climb to the top of the app store and restoring civic discourse on social medi... Outcast Motivation In this motivational, inspirational, and emotional video, we will hear from Elon Musk himself, as he talks about going against all odds and proving everyone wrong. This video talks a... NBC News Thousands of young Americans are taking on climate change and fighting back at those in power, whom they claim knowingly polluted the planet. Along with the pandemic and social media... BNN Bloomberg Michele Schneider, Managing Director, MarketGauge Group joins BNN Bloomberg to discuss her view on oil as it slips under US $98/bbl amid China's lockdowns. She adds that it will be d... |