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4/19/2022

Energy Realism this past week discussed the obvious problems with the “the Biden energy plan” and the real value of U.S. natural gas, which should be central to his program. 

Kyle Isakower makes it clear: President Biden’s anti-oil, anti-gas polices are obviously part of our higher cost energy problem. The Biden administration is in crisis mode over the high price at the pump. Despite polls earlier in March showing that Americans support sanctions on Russian energy, even if it meant higher energy prices, the administration is feeling the heat. Akash Chougule explains how these bad energy policies are not just increasing our costs but are also eroding American energy security. The unprovoked Russian invasion of Ukraine is a stark reminder of how connected energy security is to national security. 

We do know that gasoline will remain essential to the U.S. energy complex. Benjamin Zycher looks at how President Biden’s policies have surged the price of our most important fuel. Until 2025 at least, we can expect more gimmickry, more mendacity, more incoherence, and more perverse policy stances. A huge part of our domestic energy platform simply must be “more natural gas.” Gregory Wrightstone confirms how gas is now increasingly our go-to fuel for high reliability and to lower emissions. America can even fuel the world’s needs for clean-burning natural gas for many decades to come and still have plenty left over for our own domestic requirements. President Biden’s goal to stop U.S. gas production is not just a win for Putin but a loss for the environment.

For example, Pennsylvania, and its Marcellus shale gas play (the largest gas field in the world) now supplies nearly a quarter of U.S. gas. With so much more in the ground, Kevin Mooney describes how Green Groups continue to undermine The Keystone State’s energy future. We all stand to lose because of anti-energy campaigns that receive financial support not just from outside of the state, but also possibly from outside of the U.S. Indeed, our Essential Reading this week comes from the Kleinman Center for Energy Policy at the University of Pennsylvania. Although these studies are sadly becoming more politically risky (academia has increasingly become less practical in promoting “renewables only”), the “gas is good” proof is in the numbers: abundant shale gas has drastically lowered energy prices for the state’s residents and businesses.

In the News

Remarks by Chair Gensler Before the Ceres Investor Briefing

Gary Gensler, HLSFCG

Wind Energy Company Cited for Killing More Than 150 Eagles

Chris Hadgis, Gear Junkie

There’s Still a Way to Reach Global Goal on Climate Change

New York Post

Changing Your Personal Lifestyle Is Just a Small Part of Fixing the Climate Crisis

Morgan McFall-Johnsen, Business Insider

Wind Passed Coal, Nuclear Power in U.S. for First Time on Record

Josh Saul, Bloomberg

More Gasoline Gimmickry From the Biden Administration

Benjamin Zycher, RealClearEnergy

How Big Green Undermines Pennsylvania’s Energy Potential

Kevin Mooney, RealClearEnergy

Shell Idles LNG Ships Owned by Russia to Avoid Sanction Risk

Stephen Stapczynski, Bloomberg

Tesla Production, Deliveries Graphed Through Q1 2022: Another Record

Mark Kane, Inside EVs

White House Climate Adviser: "We Can No Longer Wait" to Cut Emissions

Andrew Freedman, Axios

Why a Wrong Step From Biden on Energy Could Put Trump Back in the White House

Philippa Nuttall, New Statesman

America Needs Proactive Energy Solutions, Not False Recriminations

William Shughart II, RealClearEnergy

The Story of Climate Change Right Now in 9 Charts

Catherine Clifford, CNBC

A New Marshall Plan for Energy

Ed Crooks, Wood Mac

Oil & Gas Due Diligence Tips for Producing Asset Acquisitions

Robert Grisaffe, RealClearEnergy

Multimedia

Excelerate Energy CEO on the Company's IPO, and the Rising Global Demand for LNG

CNBC Television

Steven Kobos, President & CEO of Excelerate Energy, discusses the company's decision to go public, the business behind floating storage and delivery of liquefied natural gas, and how...

Russian Oil Continues to Flow Through Ukraine

ABC News

Yuriy Vitrenko, CEO of Ukrainian Energy company Naftogaz, discusses the biggest concerns with the pipelines and how sanctions could impact the Russian energy sector.  

Two Minutes With Charif Souki on the Critical Need for Natural Gas and a Note on Our Stock Price

Tellurian Inc.

The stock price is very strong. Executive Chairman, Charif Souki takes you through the fundamentals of natural gas as an energy source and puts it in context of our stock price, fina...

Pipe Dreams: How America Gets Energy

Kite & Key Media

Pipelines are not the most popular energy infrastructure these days. But what does a world without pipelines look like? Well, we actually kinda know the answer … and it isn’t pretty.  

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