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9/5/2023

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

Our First Offshore Wind Auction in the Gulf Was a Dud

Michelle Lewis, Electrek

Congrats: Germany 50% of Its Power From 'Renewables'

Francis Menton, Manhattan Contrarian

Carbon Credits From Greenwashing to Innovation Engine

Ann Torres, RealClearEnergy

The Sustainable Aviation Fuel Road Ahead

Byron Dorgan, RealClearEnergy

Dems' Climate Blame Game for Hawaii Crushed

Thomas Catenacci, Yahoo News

Mark Mills: EV Push and the Waste of Precious Resources

RealClearEnergy

U.S. LNG Exports Take Center Stage at G7

Alex Kimani, Oil Price

China Continues Coal Spree Despite Climate Goals

Helen Davidson, The Guardian

Dems’ Climate Agenda Blocking Our Progress

Many Gunasekara, The Hill

Global Outlook: Our View to 2050

ExxonMobil

Absolutism in Climate Policies Is a Vice

Michael Lynch, Forbes

Exxon Predicts World Will Miss Climate Targets

Colin Eaton, WSJ

Is 'Degrowth' the New Green Growth?

Tilak Doshi, Forbes

Andy Puzder: Biden's Economy Is a 'Disaster'

Fox Business

Green Activists Have Hurt the Environment

Stephen Moore, NY Post

Multimedia

Oil Is Going Down to $55: Strategist

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...

OPEC Would Like the Focus to Be on Reducing Emissions

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....

Is BlackRock Moving Away From ESG?

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.'

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