Author Topic: The Five Things You Must Know About Energy Policy  (Read 37 times)

0 Members and 1 Guest are viewing this topic.

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 15,560
The Five Things You Must Know About Energy Policy
« on: March 14, 2026, 06:23:09 pm »
The Five Things You Must Know About Energy Policy
Stephen Moore | March 14, 2026
        Given the energy disruptions in the Middle East and the topsy-turvy fluctuation in the price of crude oil in recent weeks, here are a few facts about the energy scene.

        First, "drill, baby, drill" is working. America today is producing more oil and gas than ever. Over the past six years, we've produced more than any other nation, including Saudi Arabia. The best way to inoculate ourselves from foreign supply disruptions is to generate every barrel of oil we can here at home. And we have many decades of abundant supply given ever-improving shale drilling techniques.

        Second, the Green New Deal was and continues to be an energy belly-flop. Even after spending $400 billion of taxpayer subsidies on wind and solar power, these remain fringe and non-scalable forms of energy. We get 80% of our power from fossil fuels. Same as it ever was. Nuclear and hydro provide most of the rest.

        Third, the Middle East has ALWAYS been an unreliable source of energy for the U.S. Since the 1970s, prices have always spiked when there is turmoil in the Middle East. This means that every barrel of oil that we drill reduces our vulnerability to Middle East disruptions.

        Fourth, the U.S. is now a net exporter of oil and gas, with by far the largest increases in production. Along with Canada and Mexico, North America can be the new Middle East.
https://hotair.com/stephen-moore/2026/03/14/the-five-things-you-must-know-about-energy-policy-n3812817
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell