Join Jim and Greg as they cheer the Supreme Court decision declaring that bureaucratic agencies like the EPA don’t have the power to make sweeping policy changes – that power belongs to Congress alone. They also slam President Biden and other Democrats for pushing limited suspension of the filibuster to pass legislation to codify Roe v. Wade and pass the left’s attempt to federalize elections. And they have some fun with Vice President Kamala Harris insisting Biden will run again in 2024 with her as his running mate and then later saying he intends to run

 

Join Jim and Greg as they’re thrilled to see a significant shift in suburban voters from the Democrats to the GOP. They also react in horror as USA Today opinion writer David Mastio not only reveals that he was forces out of a job for saying that only women could have babies but that the whole Gannett network is catering to a woke ideology that has no interest in a diversity of opinion. And they discuss the bipartisan yawning over Biden’s call for a federal gas tax suspension and the hypocrisy of lawmakers like Washington Sen. Patty Murray, who hated the idea when a Republican was president but now supports it when Biden is in office and she’s up for re-election.

Jim & Greg cheer on the Supreme Court decision that voucher programs must include religious schools if they include private schools. They also slam President Biden over his suggestion that high energy prices are getting us closer to his green energy agenda goals. And they condemn Missouri GOP Senate candidate and former governor Eric Greitens crazy RINO hunting ad.

 

Jim Geraghty is back! Join Jim and Greg as they welcome news of Asian voters souring on President Biden in big numbers. They also react to Treasury Secretary Janet Yellen and former Treasury Secretary Larry Summers differing forecasts on whether we are headed for a recession. And they shake their heads as California gets set to hike gas taxes with prices already at record highs.

Member Post

 

Sorry for the language but I don’t know whether to laugh or cry about the incompetence of these fools. Thank you NTers for electing these dangerous clowns. You cancel pipelines and drilling rights and the cost of energy increases. It’s almost as if the Russia hoax was true but was delayed by one administration. Preview […]

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Rob Long is in for Jim. Join Rob and Greg as they cheer the energy industry bluntly rebutting President Biden’s pathetic demonization of it by laying out how production, refining, and pricing actually work and how Biden’s vow to end fossil fuels is directly responsible for skyrocketing energy prices. They also slam Michigan Gov. Gretchen Whitmer for trying to derail school voucher options for parents. And they look at the left’s creepy war on pregnancy centers.

Member Post

 

It pleased me to consider a bicycle ride from Wichita Falls, Texas to Wichita, Kansas. It still pleases me; I may yet do it. You can’t go wrong, pedaling in Oklahoma. But I couldn’t arrange the non-pedaling parts – chiefly how to get back to my starting point – to complete such a venture. Car […]

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Emily Jashinsky of The Federalist is in for Jim Geraghty. Join Emily and Greg as they recoil at the radical pro-abortion group Jane’s Revenge taking responsibility for many violent attacks on pregnancy centers in recent weeks and vowing to be even more aggressive. They also sigh as new polls show Dr. Oz deeply unpopular among Pennsylvania voters – just as some of us warned. And they hammer the Biden administration’s latest lame narrative for high gas prices – the oil companies just aren’t patriotic enough to lower prices.

 

Former federal prosecutor and National Review Online Contributing Editor Andrew C. McCarthy is in for Jim. Join Andy and Greg as they break down a Supreme Court ruling on whether double jeopardy protections exist between different systems or “sovereigns” – in this case whether a conviction is allowed in federal court after a verdict was rendered on similar offenses in the Court of Indian Offenses in Arizona. They also parse two rulings on immigration cases that came down on Monday. Finally, Andy also lays into the January 6th committee for being little more than a political performance by not allowing Republicans to choose their own committee members and not permitting cross-examination of witnesses.

Join Jim and Greg as they dissect the breaking news of a man arrested near Justice Brett Kavanaugh’s home with the intent to kill him. They also cheer as San Francisco voters overwhelmingly recall pro-criminal district attorney Chesa Boudin and Los Angeles voters advance Rick Caruso to the general election. And they shudder as the World Bank projects a very rough economy for the rest of the decade. Meanwhile, Michigan Sen. Debbie Stabenow shows how little she cares about soaring gas prices.

Storied and successful investor John Mauldin joins to talk about the realities and opportunities during our time of chaos, about the philosophy of markets, and about the opportunities in America’s oilfields, too.

Mauldin Economics and his recent newsletter referred to in this edition: Rock and a Hard Place (May 27, 2022.)

FERC’s Unwise Regulatory Power Play

 

The news is full of stories that the next summer heat wave is expected to cause brownouts and blackouts throughout the nation. Running a grid is complex business, for the relevant regulators must safely balance the distribution of power across the nation to meet rapid shifts in demand over different locations and times. The first line of attack for the energy crisis is increasing the capacity of the grid, which requires pumping more energy into the system, chiefly from fossil fuels. On energy production, a waffly Biden administration resorts to a combination of explicit bans and de facto slowdowns. The president’s many decisions to either shut down or slow down the construction of new pipelines intensify shortages, which compounds the overall danger. At the same time, the decline in Russian natural gas supplies puts increased pressure on world energy supplies, which has boosted oil prices to well over $100 per barrel.

Equally important, actions that take place inside the electrical grid must also be prudently carried out. Much of the government’s power over the grid is vested in FERC, the Federal Energy Regulatory Commission, which has taken over many of the functions of the older Federal Power Commission, including its traditional ratemaking functions for public utilities. Right now, FERC has, by a notice of proposed rulemaking (NOPR), put up for public comment an exceptionally complicated proposal from early May 2022 that travels under the impressive title “Building for the Future Through Electric Regional Transmission Planning and Cost Allocation and Generator Interconnection,” which stresses how activities that take place within one portion of the grid necessarily impact activities elsewhere on the grid. This NOPR proposes a novel way to achieve that end.

Thus paragraph 3 imposes “long-term regional transmission planning” needed to allow FERC to decide whether the proposed course of action by any regulated party can “meet transmission needs driven by changes in the resource mix and demand.” As part of that requirement, the commands in paragraph 4 “require that public utility transmission providers in each transmission planning region seek the agreement of relevant state entities” on all the relevant cost allocation programs that are involved.

Join Jim and Greg as they’re glad to see Americans overwhelmingly worried about inflation and gas prices and planning to vote based on those issues. They also react to Rachel Wolfe’s nightmare journey from New Orleans to Chicago and back in an electric vehicle and what it tells us about how Dems are trying to reorganize our lives. And they discuss the Pennsylvania Senate race, as Dr. Oz officially wins the primary and John Fetterman gets caught downplaying the seriousness of his heart condition.

 

Join Jim and Greg as they call out President Biden for his tired act of blaming Russian President Vladimir Putin for our inflation crisis. The war has contributed to the problem, but it was never the main driver of inflation. They also chronicle how Biden is about to completely flip from vowing to make Saudi Arabia a pariah state to begging it to produce more oil. And they shake their heads as two of Michigan’s most prominent GOP candidates for governor fail to make the primary ballot over fraudulent petitions.

Join Jim and Greg as they credit the Washington Post for calling out a blatant Biden lie about energy policy in his recent Wall Street Journal column. They also shake their heads as Biden’s messaging on the economy appears to be that the economy is great and we just don’t appreciate it and that he has a plan for inflation when he already admits that he doesn’t. Finally, they slam the Boston Globe for urging Biden to remove Iran’s Islamic Revolutionary Guard Corps from our terrorism list on the very same day FBI Director Christopher Wray says Iran tried a cyberattack against Boston Children’s Hospital.

The Ukraine war has triggered the world’s third energy shock, with potential to get far worse yet. And it’s x-rayed energy policies, making it clear just how hard it will be to delink from both hydrocarbons and Russian dependencies. There is a solution: call it Shale 3.0.

Join Jim and Greg as they dissect the importance of Hillary Clinton’s 2016 campaign manager admitting under oath that Hillary was fine with the campaign disseminating unproven allegations about Trump and Alfa Bank to the media. And after breathless collusion coverage for years, the media seem very uninterested in this revelation. They also cringe as residents in at least 14 states are being told to expect blackouts because supply cannot keep up with demand – while dozens of coal-fired power plants are being taken offline with no good plan to pick up the energy production load. And they react to the Biden administration correcting President Biden on his own policies again – this time over we would respond militarily to defend Taiwan.

 

Join Jim and Greg as they shake their heads at Interior Secretary Deb Haaland’s inability to say whether gas prices are too high. They also groan as failed former New York City Mayor Bill de Blasio plans to run for Congress. And they react to news that many schools are not even spending funds from the COVID relief bill – which is one of the factors behind our inflation crisis.