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When it comes to energy, is the Biden administration simply stupid, or blindly ideological? Yes—we should embrace the power of “and,” because these possibilities are not mutually exclusive. Indeed the Bidenistas appear to be both dumb and ideological.
Yesterday I ran into energy expert extraordinaire Robert Bryce—we’re at a murky gathering at an undisclosed location—and we sat down for a hearty rant about the derangements of the Biden regime, but on the wider scene how fast reality has finally asserted itself with the prospect of electricity shortages this summer, and the rapid return of coal. And electric cars? Fuggetaboutit.
Bonus: we share our favorite recession indicators, which includes chairs, and the number of strippers in North Dakota.
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“During the peak of the fracking boom there were more strippers in North Dakota than Vegas”
That’s what we call a money quote
There is famous saying by someone famous, I forget who, “the stock market can remain irrational longer than you can remain solvent”.
Can our idiot government officials remain idiotic (and in power) longer than our energy system can remain functional. It may be a close run thing. And lots of people will face grievous harm in the process, regardless of the ultimate outcome.
Is there any greater array of energy idiots ever assembled and placed in power than Biden, Granholm, Buttagieg, McCarthy and Kerry?
Analysis: No, no greater array of idiots is possible.
https://doomberg.substack.com/p/americas-energy-strategy-is-bonkers
I have been advised that arrays assembled in Great Britain and Germany may be asymptotically approaching the American “zero” array.