Our long national energy nightmare is over.
Oil Price (1/20/25) reports: "President-elect Donald Trump is preparing to unleash a flurry of executive orders later this afternoon, reportedly numbering around 200, to reignite his 'America First' agenda... According to Bloomberg, citing numerous sources, Trump plans to unleash new oil and gas development on federal lands while reversing the Biden-Harris administration's de-growth climate regulations. 'While many of the executive actions will simply kick off a lengthy regulatory process, they're set to touch the full spectrum of the US energy industry, from oil fields to car dealerships,' Bloomberg noted, adding, 'They also underscore Trump's determination to reorient federal government policy behind oil and gas production, a sharp pivot from Biden's efforts to curb fossil fuels.'"
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"Wind, like solar, has been hyped as the perfect energy source that generates electricity but not emissions—even though wind turbines feature a lot of hydrocarbon derivatives in their components. However, the weather dependency factor has been a limitation that is drawing more attention now that it has become more obvious during the winter Dunkelflaute in Europe. Another limitation—economics laws and, more specifically, the law of diminishing returns. One can build a thousand wind turbines, but when the wind doesn’t blow, these thousand turbines will generate just as much as a hundred—zero."
– Irina Slav, Oil Price
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