The Corporate Transparency Act is the new law that requires certain “reporting companies” (corporations or LLCs of fewer than 20 employees and $5 million or less in revenue) to report beneficial ownership information to FinCEN, the Financial Crimes Enforcement Network, or else face daily fines and up to two years imprisonment! A federal court in Texas issued a nationwide preliminary injunction in early December 2024, preventing the federal government from enforcing the law for the time being. An appeals court then changed course later in December – only to vacate its own decision days later, again pausing the reporting requirements. The result is that reporting companies are not under obligation to report – for now – but this appeal is ongoing such that the duty to report could once again come into effect. Consult your lawyer and accountant for additional guidance and go to FinCEN.gov/boi for news alerts as the situation develops. ***** Note that the criteria for reporting companies overlaps quite closely with the profile of an independent oil and gas company as defined by the IPAA, citing the IRS Code (See IPAA.org). - - - - - This message is for informational purposes only and is not, nor is intended to be, legal advice. Contact your legal counsel and accountant for additional guidance and see FinCEN FAQs at FinCEN.gov/boi.

If the nominee for this post, Chris Wright, is confirmed, we will finally have a successful business man at the helm who has devoted his entire adult life to understanding both nuclear energy and fossil fuels. A *qualified* nominee! This is in sharp contrast to the current Secretary, who has questionable qualifications for the job and a history of investing in taxpayer-sponsored, “green” experimentation (failures?). By contrast, Jacki explains why Chris Wright, CEO and Chairman of Liberty Oil Field Services, will make an outstanding Secretary of Energy. The U.S. might once again be on the path to energy dominance, the bare minimum required to remain a superpower. 

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In celebration of the nomination of Chris Wright to be the next Secretary of Energy, Jacki re-shares this interview from an earlier show in which she talks with Mr. Wright, CEO of Liberty Oilfield Services, a large hydraulic fracturing (“frac’ing”) company. Liberty’s ESG reporting has been one of the few that properly and unapologetically gives credit to the oil and gas industry for the historical lifting of billions of people all over the world out of poverty. Liberty’s ESG report should be a model for all oil and gas companies.

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Jacki has been sounding the alarm for weeks that the most sweeping attempt at criminalizing law-abiding citizens in U.S. history – the so-called “Corporate Transparency Act” or “CTA” - could turn tens of millions of small business owners into felons overnight on January 1, 2025 - simply for failing to learn about the requirement of filing a form disclosing the owners of one’s small business. Surveys showed that very few small business owners were even aware of the new law’s existence, yet this failure could result in two years in prison! The great news this month is that a federal judge in Texas has preliminarily enjoined, or halted, the enforcement of this law until further proceedings. While the law is not dead, the law-abiding small business owners upon which the economy is built now have a temporary reprieve. Jacki predicts that courts will kill the law in its entirety on multiple grounds of unconstitutionality. While we celebrate, let us not fail to recognize the law for what it was: an attempt to create grounds to round up tens of millions of Americans for spurious, unlawful reasons. Whether you are running a small business in the oil patch or a hair salon, you were on the chopping block.  The country dodged the biggest authoritarian bullet yet.

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Dr. Bonner Cohen, Sr. Analyst at the Committee for a Constructive Tomorrow (“CFACT”), explains why one election outcome could be a complete retooling of environmental policy, with specific examples of what we could expect. - - - - - Jacki reviews state level election battles showing that Americans would like to hit “reverse” on the “green transition” …which actually appears to not be happening in any event.

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Jacki reviews state and local election battles showing that Americans would like to hit “reverse” on the “green transition” …which actually appears to not be happening in any event. The results are surprising, but not when one considers that Americans ranked climate issues 21st on their list of concerns.

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Steve Goreham, Executive Director of the Climate Science Coalition of America, joins Jacki to debrief us on the lackluster COP29 UN Climate Conference where it appears the “green transition” is quickly losing steam, if not shifting into reverse. Could it be that Margaret Thatcher was right? : Socialism ends when the government run out of other people’s money? Plus, Mr. Goreham argues that electric buses are not working out in liberal cities and that electric bike fires are on the rise in urban areas. Goreham is the author of Green Breakdown: The Coming Renewable Energy Failure.

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Dr. Bonner Cohen, Sr. Analyst at the Committee for a Constructive Tomorrow (“CFACT”), explains why one election outcome could be a complete retooling of environmental policy, with specific examples of what we could expect.

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Gregory Wrightstone is the Executive Director of the CO2 Coalition and author of a best-selling book: A Very Convenient Warming: How Modest Warming and More CO2 are Benefiting Humanity. He spent decades working as a geologist and leads a team of scientists who fight climate alarmism with facts. 

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Beaches closed near Nantucket, MA after a single blade from an offshore wind farm broke into shards and chunks, creating a hazard for swimmers, wildlife, and boats. Each blade is 350 feet long and weighs 140,000 lbs. Future plans call for 5,000 wind turbines in the Atlantic alone. Have we carefully considered hazards presented by offshore wind farms, particularly in hurricane conditions? Paul Driessen, Sr. Policy Analyst at CFACT gives the facts on this badly underexamined topic. Driessen is the author of multiple books: Eco-Imperialism: Green Power, Black Death; Cracking Big Green: Saving the World from the Save-the-Earth Money Machine; and Miracle Molecule: Carbon Dioxide, The Gas of Life.

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