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 Editorial Board, The Wall Street Journal Tim De Chant, Ars Technica Charles Kennedy, Oil Price Maclver Institute Summer Said, WSJ Barry Norris, Argonaut Josh Owens, Oil Price Tilak Doshi, Forbes Craig Bannister, CNS News Ben Adler, Yahoo News Joe Kotkin, UnHerd Rajesh Kumar Singh, Bloomberg Harold Hamm, The Wall Street Journal Michael Shellenberger Felicity Bradstock, Oil Price 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. 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. Fox Business Maria Bartiromo, Dagen McDowell and Ken Mahoney criticize Vice President Harris' 'word salad' when responding to a question on surging gas prices. 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 ... John Locke Foundation Andy Puzder gives a presentation at the 2022 Carolina Liberty Conference in Raleigh, NC. |