American exceptionalism must be actively defended, lest we join Europe in energy poverty.
Stand Together (5/8/25) blog: "Electricity prices are rising, reliability is wavering, and the system built for the past is struggling to meet the demands of the future. For decades, stable demand and heavy regulation kept the energy industry predictable — but that’s changing fast. A surge in energy-intensive industries, from artificial intelligence to advanced manufacturing, is putting unprecedented pressure on the power grid. We spoke with Travis Fisher, director of energy and environmental policy at Cato Institute, about the forces driving this shift. He explains how decades of stagnation in electricity demand led utilities to prioritize financial stability over expansion — and why the sudden spike in consumption is now colliding with regulatory red tape...'Consider Germany. They have essentially deindustrialized themselves for no good reason. In a very top-down fashion, they have made a forced transition away from reliable energy and towards unreliable. That’s even the case independent of greenhouse gas concerns — they’ve shut down their nuclear fleet, which has practically no emissions. They’d basically taken everything that works, that’s stable, that’s low cost in terms of reliable, 24/7 energy, and they’ve turned it on its head. Because of this, their rates for electricity are something like three times what we pay in the U.S. No energy-intensive industry can survive in that business environment. So, what we've seen is an industrial flight from Germany. It's happening in Great Britain. It's happening across the European Union, and to be candid, some of that's coming here.'"
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"American-made energy has become an effective strategic tool to enhance national security, limit geopolitical uncertainty, reduce global emissions, and keep prices low and stable at home. Despite these clear benefits, U.S. liquified natural gas (LNG) faced significant political and policy headwinds under the last administration. The Trump administration recently ended the LNG export approval pause, and now is the time to advance LNG projects and promote U.S. LNG around the world."
– Anne Bradbury,
American Exploration & Production Council
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