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DAVID BLACKMON: Reality Finally Returns To Energy Industry

The annual first day of Saudi Arabia Aramco CEO Cerawek Global Energy Industry Gathering in Houston Amin Nasser declared The government’s plan for granting failed, saying, “There’s a chance Elvis could talk next, rather than the current plan is working!”

He wasn’t wrong, and Elvis was nowhere to be seen. (Related: Exclusive: “These are my people”: Trump’s Energy SEC takes bulls by horns with the arrival of the rodeonites)

Nasser began his speech by telling him that the audience constitutes a large part of the oil and gas industry executives and their contractors.

Again, he’s not wrong.

The winds of change have now been blowing for more than a year in support of placing national energy security concerns over the rank climate warning that governs the narrative surrounding this mythical transition. In fact, that shift began to become clear at the 2023 Thera Week gathering, as speakers emphasized the need to refocus after speakers. Enhanced energy security Three years later, trillions of dollars in debt funds on renewable energy.

Now, last November, he re-election from Donald Trump to become second presidential position. Energy Domination Agenda He brings him, the momentum behind the industry is totally clear.

But that doesn’t mean that the world should abandon or abandon other forms of energy expansion, including intermittent sources such as solar and stationary batteries.

In this area, Nasser reiterated the philosophy of all perspectives that U.S. Energy Secretary Chris Wright promoted earlier in Monday’s agenda, emphasizing that it “reflects the reality of demand and added energy,” ending current practices by oil, gas and coal politicians by many activists and politicians.

“Women and gentlemen, the world has been promised a lot with the current transition plan,” Nasser said. “It was like a promise of energy Eldorado, and this quest was destined to fail as well.”

It should be noted that currently heavily subsidized selected alternatives to fossil fuels (wind, solar, green hydrogen, electric vehicles) are unable to even consider progressive energy needs, and do not even consider fossil fuels with much less fossil fuels. “I don’t feel happy with this, but it’s time to stop the reinforcement of obstacles. Certainly, there is a historic opportunity to change courses as the promised transitional fiction is finally washed away.”

Nasser’s comments were heavily reflected by Secretary Wright. Who promised?“The Trump administration will end the Biden administration’s irrational, quasi-religious policies on climate change that have imposed endless sacrifices on our citizens,” Wright also dismissed the previous administration’s focus on climate warnings on energy security as myopia.

“The Trump administration deals with what it is, a global physical phenomenon, the side effect of building up the modern world,” Wright said. The energy secretary said Biden’s policy was “economically destructive and politically polarized for our businesses. Therapy was far more destructive than the illness.”

Wright also frankly explains why the Trump administration has picked offshore winds as a particularly destructive element of Biden’s myopia, and praised the storage of solar and battery as a meaningful zero-emission idea.

“It was extremely unpopular with people living near offshore wind turbines due to the incredible high prices, incredibly large investments and a huge footprint into the community,” Wright said. Touting his “all absorption” approach, Wright said the administration supports what adds to “affordable, reliable and safe energy,” adding that “the wind was chosen because there was a singular record of wind increasing prices.”

Highlighting the inadequate replacement for fossil fuel subsidies, Wright pointed out that “there is no physical way for wind, solar and batteries to replace countless natural gas use.” He also pointed out that gas currently supplies 43% of the electricity generated on the US grid.

It all sums up in the simple reality that this government-enhanced globalist plan for a transition has failed. As Nasser said, it’s time to “stop reinforcement of obstacles.”

Elvis left the building.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialised in public policy and communication.

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