The Biden-Putin Meeting – Oil & Gas Should Have Been America’s Trump Card

Because of the frac’ing revolution, the U.S. became the #1 producer of oil and gas, plunging the price of both commodities, threatening the survival of countries like Russia that rely almost exclusively on oil and gas revenues to make their budgets. The Biden administration is making every policy move possible to destroy this geopolitical trump card, killing U.S. pipelines, while giving the Nord Stream 2 a sanctions clearance as a gift to the Kremlin. Hunter Biden’s questionable deals in Ukraine and Asia were energy deals. Why are the Bidens doing everything they can to boost foreign oil while destroying American oil producers? Why was smart discussion of oil and gas nearly missing from the Biden-Putin meeting when we know it is Russia’s thumbscrew? Jacki talks in depth about the Biden administration’s inability to understand the intersection of oil & gas and geopolitics, undermining U.S. interests, including our energy stability. Then, leaders at the Texas Public Policy Foundation’s Life:Powered initiative predicted an energy crisis this summer. They will almost certainly be proven right. Texas authorities are already warning Texans to start conserving energy. Why? Because reliable energy sources like nuclear, coal and natural gas that can produce 100% of the time are being steadily replaced over time with mandates for unreliable sources – wind and solar – that produce only about 1/3 of the time. Jacki explains why outages are not a February storm one-off event, but will instead become the new norm unless policy changes dramatically.