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3/22/2022

Energy Realism this past week showed how American energy is Putin’s kryptonite. Predictably, the Biden bunch is doing the exact opposite of what is needed during these very difficult times.  

Ed Longanecker argues that the greatest weapon the West can leverage against Putin is the unleashing of American oil and natural gas. Putin’s threats simply do not hold the same weight when our shale producers are allowed to stand in solidarity with Ukraine, Europe, and all democracies around the world. Corey Walker agrees that it is American “fracking” that can stop Russian aggression based on energy dominance. Fracking accounts for over 90% of U.S. oil and gas production, and our exports to allies are needed now more than ever. The Russian invasion of Ukraine has thrown the entire world into a chaotic spin. Though the future of Ukraine remains deeply uncertain, one thing is clear: the West must detach itself from dependence on Russian energy. 

Unfortunately, “we will ‘transition’ from oil” Biden has stuck to his impractical energy platform and enacted policies to block U.S. oil and gas development at every turn. Craig Stevens brings us this reality check: the Biden administration’s goal is to follow the very same dangerous energy path that has plagued Europe and funded Putin’s war. The objective folly is to increase the cost of fossil fuels…to force lower usage and “encourage” renewables and electric cars…to cut emissions…to “fight climate change.” As Europe has horrifically been finding out, however, what greens have been repeatedly telling us is “alternative” energy is ultimately being proven as just “supplemental.” It really is a matter of physics. Levi A. Russell documents how Biden’s disastrous plan against more reliable and affordable domestic oil and gas is strangling America’s economy. 

None of this is surprising. Oil and gas, of course, supply 70% of America’s energy supply and are nowhere near replaceable at scale. Dave Callahan gives us an up close and personal look at “what could be” for the U.S. oil and gas industry. If only the climate zealots would get out of the way. In particular, Pennsylvania’s clean, abundant natural gas resources is required to push back on Russia’s malicious aggression toward our allies. And as our Senior Fellow Rupert Darwall makes clear, it all comes back to the unrealism that is ESG and net-zero green fantasies. Will the dreamers ever wake up?

Finally, we knew he was right: this week’s Essential Reading comes from legendary energy thinker Mark P. Mills, who told us a while back that natural gas, not renewables, is the real “fuel of the future.”

In the News

The Message of Sarah Raskin’s Defeat

The Editorial Board, The Wall Street Journal

Tesla Hikes Prices on All Cars, With Cheapest Model 3 Now Nearing $50K

Tim De Chant, Ars Technica

The Majority of Americans Wants to Revive Keystone XL Pipeline

Charles Kennedy, Oil Price

Yes, Biden Is to Blame for the Energy Crisis. Here’s Why.

Maclver Institute

Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales

Summer Said, WSJ

The Wind Trap: Why Wind Power Has Already Peaked

Barry Norris, Argonaut

The Supply Shortage That Could Derail the Electric Car Boom

Josh Owens, Oil Price

Oil and the Eclipse of Pax Americana in the Middle East

Tilak Doshi, Forbes

Putin’s War Revives Calls for Probe of Russia’s Support of Green Groups Battling U.S. Oil Production

Craig Bannister, CNS News

How the Return of Workers to the Office Could Impact Climate Change

Ben Adler, Yahoo News

How the American Left empowers Putin

Joe Kotkin, UnHerd

Coal’s Comeback in India Shows Scale of Climate Challenge

Rajesh Kumar Singh, Bloomberg

Biden’s War on Oil Hits Consumers

Harold Hamm, The Wall Street Journal

Why We Will Save California

Michael Shellenberger

Renewable Energy Projects Are Facing Resistance Around the World

Felicity Bradstock, Oil Price

Multimedia

President of Texas Oil and Gas Association Talks Oil Production

KSAT 12

Todd Staples, president of the Texas Oil and Gas Association, joined Tuesday's Q&A to discuss oil production and what steps the U.S. can take to increase production.

Biden Admin '100%' Against Oil and Gas Industry: Rep. Crenshaw

Fox Business

Rep. Dan Crenshaw, R-Texas, discusses the green agenda as the GOP questions environmentalists over ties to Russia, as well as the Biden administration's energy policies.

Kamala Harris Dodges Gas Price Blame: 'Look at the Map'

Fox Business

Maria Bartiromo, Dagen McDowell and Ken Mahoney criticize Vice President Harris' 'word salad' when responding to a question on surging gas prices.

Europe Will Need to Rely on Coal Says Freeport LNG CEO

Bloomberg Markets and Finance

Freeport LNG CEO Michael Smith says Europe will likely need to rely on burning coal in the short term in order to meet its energy needs and reduce its reliance on Russian oil. Smith ...

Andy Puzder Presentation CLC

John Locke Foundation

Andy Puzder gives a presentation at the 2022 Carolina Liberty Conference in Raleigh, NC.   

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