Energy Realism this past week had a quick couple of hits on the obvious need to invest more in oil and gas, from a moral, economical, and even environmental perspective. Ethan Brown got us started last week: the Biden administration’s blocking of oil and gas revenues for the Navajo Nation is just plain wrong. Climate advocates can voice concerns over such fossil fuels projects and should seek win-win solutions, but strong-arming Indigenous communities in the name of climate action is a different story. It simply must be factored in: these are poor communities and bringing in huge amounts of money can uplift lives for generations. This all speaks to the balance that is required in our energy-climate discussion. Court Ramsay looks at Louisiana, where oil and gas have long been a way of life. For the Biden administration and its apparent goal to stop all lease sales from the Gulf, such inaction is not an option. It is time for our leaders and elected representatives to collaborate and craft a solution that effectively safeguards both our environment and our energy sector. So with that, we offer up our Essential Reading this week. The International Energy Forum looks at the necessity to invest in more oil and gas. These are fuels that supply 65% of America’s energy, for instance, so blocking development creates very obvious problems. Bluntly put, the anti-oil and -gas business is creating the inflation that is increasing the cost of everything. In the News Michelle Lewis, Electrek Francis Menton, Manhattan Contrarian Ann Torres, RealClearEnergy Byron Dorgan, RealClearEnergy Thomas Catenacci, Yahoo News RealClearEnergy Alex Kimani, Oil Price Helen Davidson, The Guardian Many Gunasekara, The Hill ExxonMobil Michael Lynch, Forbes Colin Eaton, WSJ Tilak Doshi, Forbes Fox Business Stephen Moore, NY Post BNN Bloomberg Dave Sekera, chief U.S. market strategist at Morningstar Research, discusses which parts of the market he sees overvalued (energy and tech), and where he sees good buying opportuniti... CNBC Television Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.... Fox Business Fox News contributor Douglas Murray weighs in on BlackRock CEO Larry Fink saying he's 'ashamed' to be part of the ESG debate on 'The Bottom Line.' |