Labor Saving Day: Thank Free Market Energy

Energy is the resource of resources, the master resource. This Labor Day weekend, give thanks to the dense, plentiful, affordable, reliable energies that have done much to improve living standards worldwide, while mastering the vagaries of extreme weather and climate. Think of it as Labor Saving Day. After all, eight billion consumers cannot be wrong!

The Old Days

Creative Destruction: Fossil Fuels Triumphant

“Creative destruction results from verdicts at the intersection of supply and demand. Outside of the free market, energy elitism has created a political market, a sub-industry whose activity results from special tax favors, government grants, and/or mandates.”

Creative destruction, a term popularized by Joseph Schumpeter, is the market process whereby bad is eliminated, the better replaces the good, and past performance gives way to new strategies and victors. No firm is forever, and financial loss is a characteristic of capitalism, as is the more used term profit.

Energy is the story of creative destruction. Coal gas and later coal oil replaced a variety of animal and vegetable oils, including whale oil, camphene oil, and stearin oil. Crude (mineral) oil then displaced manufactured (coal) oil, just as later natural gas would displace manufactured (coal) gas.…

Energy ‘Transition’: It’s a Federal Bribe (versus consumer demand)

“If Americans want to keep their gasoline-powered cars and their large refrigerators … be able to afford travel across their states and country … avoid European—and California—style energy poverty, their only hope is to convince politicians to end subsidies for renewables and all other forms of energy.”

It is common for advocates of renewable energy to complain about the subsidies given to fossil fuels. “We have heard testimony,” stated U.S. Senator Sheldon Whitehouse, “about the threat climate change poses to entire sectors of our economy.”

So, what are we, the federal government, doing to protect against these threats?  Actually, we are subsidizing the danger.  As we’ll hear today, the United States subsidizes the fossil fuel industry with taxpayer dollars.

Joining Sen. Whitehouse in this vein are groups like the International Monetary Fund, The Future is Electric, and the Natural Resources Defense Council.…

Jane Goodall on the Futile Climate Crusade

Gasoline Prices: California Investigates Itself

Guice to California Dept. of Conservation: End Virtue Signaling, Liberate Oil and Gas

Clarkson’s Attempt to Join South Carolina’s Public Service Commission

Giberson/Bradley Exchange on Retail Power Prices

U.S. Offshore Wind: The Struggle Continues

TAPS Attack: Biden Administration vs. Alaska