Posted originally on the conservative tree house on July 19, 2022
This guy popped up after the trip to Saudi Arabia and has been spouting hypocrisies ever since. In this first segment, White House senior energy adviser Amos Hochstein, in charge of U.S. energy security, says the administration cannot accept or approve any long-term oil and gas development that undermines the urgency of the crisis they are exploiting.
Instead, Hochstein says U.S. energy producers should invest in oil and gas development that turns an immediate profit. [Pro-tip, that doesn’t exist.] Keeping the oil and gas industry in a perpetual state of shortage, overcapacity and expense, allows the “transition” to windmills and solar to remain urgent. Put another way, the energy crisis is part of the plan. WATCH:
Mr. Hochstein also appeared on Fox News this afternoon to claim that coal is the worst of the worst and must never be used again. When asked about Germany going back to coal to replace Russian gas, Hochstein says that’s a terrible plan. However, Hochstein was never confronted over the stupid part of his anxiety.
Germany is being forced to use coal because Biden/Hochstein have triggered energy sanctions against Russia that stopped the flow of natural gas. Germany is being forced to use the horrible coal because Biden/Hochstein is forcing them to.
In order for ideologues to retain their insane ideological positions, they must pretend not to know things. Unfortunately, we do not have a media that is capable of calling them out on the hypocrisy and challenging the weakness of their positions. Thus, the great pretending continues….
Posted originally on the conservative tree house on July 19, 2022 | sundance
Kentucky republican House member Thomas Massie had some interesting statistics in hand when questioning Transportation Secretary Pete Buttigieg about the administration goal to make electric vehicles 50% of all cars, vans and trucks sold by 2030.
Essentially, it is a cart and horse scenario. An electric vehicle requires five times as much energy production as the standard home air conditioning cost. The U.S. electricity grid cannot support an increase in household energy use that is equivalent of adding five times as many houses using air conditioning. Math is math. WATCH:
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Comrades, the likely federal government solution is simple. Comrade citizens can have one electric car (mandated by regulatory compliance), or they can have their home air conditioned, but they cannot have both. [Assuming social credit scores are high enough]
See how easy that is?
...”the significant problems we face are only as challenging as the significance of the problem.”
Two groups that usually overlap are about to come into direct confrontation due to the net-zero carbon culture. Both climate and animal rights activists have been known to make their voices heard through protests that are not always peaceful. Farmers are being unfairly targeted by climate change activists for having cattle that produce emissions, and governments are ramping up legislation to limit farming.
While animal activists to the extreme would like to end farming and create a meatless world, they are not going to be happy when they realize those piloting the climate change agenda plan to kill these animals rather than allowing them to live out their days on taxpayer-funded farms.
Activism aside, we are in the midst of a food crisis. Those in first-world nations have seen the cost of food rise drastically throughout the past year. Perhaps some of your groceries of choice are no longer available or are often out of stock. However, people are starving to death in less developed parts of the world at a rapid rate and there is not enough food or funding to save everyone. In fact, the World Bank estimated that world hunger reached a high in 2021 when 193 million became food insecure, a number that rose by 40 million from 2020. Our model indicates that this cycle will continue to grow.
In the meantime, those championing saving the world with various causes will come into direct confrontation with one another. The left will increasingly divide into left v Socialists and dampen plans for the Fourth Industrial Revolution.
Biden’s trip to Saudi Arabia did not go as planned. Saudi Arabia will temporarily increase oil production in July and August in exchange for a slew of removed restrictions. Civilian aircrafts from Israel will be permitted to fly over Saudi Arabia. Peacekeepers will be removed from Tiran Island, where US soldiers have been stationed since the late 1970s. Five Americans were killed in a helicopter crash over this region in 2020, but intel swears it had nothing to do with terrorism. Tiran Island will now be redeveloped into a tourist destination, although I am unsure how eager the general public will be to visit.
Per usual, Biden pledged to give a foreign nation tons of money to develop their infrastructure while leaving America in the dust. This will be done through support for the US Partnership for Global Infrastructure and Investment (PGII), which was announced at the last G7 summit. The US will also help Saudi Arabia deploy 5G technology and expand internet access.
Humorously, Biden welcomed the Partnership Framework for Advancing Clean Energy to help Saudi Arabia “transition and combat the effects of climate change.” Oil is the Saudi’s bread and butter, and building green energy infrastructure is likely not a promise that will be kept.
Both the left and right are angry with the president for grappling at the feet of Crown Prince Mohammed bin Salman. Bernie Sanders slammed Biden for visiting Saudi Arabia. “If this country believes in anything, we believe in human rights, we believe in democracy, and I just don’t believe that we should be maintaining a warm relationship with a dictatorship like that,” Sanders said. Biden maintained that he spoke to the crown prince about the death of Khashoggi at the top of the meeting, but the crown prince maintained innocence and said to tread lightly when interfering in alleged human rights abuses.
Basically, Saudi Arabia is going to continue operating as it sees fit and has the leverage to negotiate lucrative deals since the US is unwilling to drill. “In the end you cannot impose your values by force. … The Crown Prince was quite clear with President Biden, and we have our own values and those are not going to align 100% with US values ever because we are very, very proud of our own traditions, our own values, our own faith,” bin Farhan said.
Posted originally on the conservative tree house on July 17, 2022 | Sundance
CBS pretentious pretender Margaret Brennan interviews Joe Biden’s Energy Security Coordinator Amos Hochstein about the trip to the Gulf Arab States and subsequent energy policy developments. [CBS Transcript Here] Hochstein spins the non-existing benefits of the trip by attributing the pre-existing Saudi cease-fire in Yemen as an outcome of Biden talking to Crown Prince Mohammed bin Salman. Quite a stretch.
Hochstein still thinks there is going to be a way for ‘western governments‘ to place price caps on Russian oil exports by getting the entire planet to agree only to pay Russia a set price for oil. With Russia an OPEC+ member, and the members of OPEC not in ideological alignment with the Biden administration on a host of geopolitical issues, good luck with that. The producers (OPEC) have control over what prices the consumers (Non OPEC) pay; they are not going to give up that mechanism just to please the Biden administration.
On the domestic front, while there is little possibility of a global oil production increase from OPEC, Hochstein claims to have assurances from U.S. oil producers they will increase their production capacity by November. At the same time the institutions in charge of Biden energy policy are going to keep targeting the oil producers to destroy them. Quite a weird dynamic. Hochstein finishes by saying solar and windmills are the future of U.S. energy production and if we invest more, well, we can save the planet. WATCH:
It is worth remembering what MbS said about the meeting: “We agree on many things, but we differ on a few others. Every country has its own culture and circumstances. I respect yours, you respect mine. Do not impose your culture on us. Do not impose your beliefs on us.” … “We agree we need to do more for climate change, but you guys are doing it wrong by favoring certain energy sources over others. The world needs energy security. We need all energy sources including oil & gas. We are doing our part on both fronts: climate change & energy security.” … “The stage of a country’s economic & social development must be considered in climate change negotiations.” … “We are increasing our production capacity to 13 million barrels per day (from 12 mb/d), but that is it. We cannot do more.”
The message here is: You guys do your part and invest more if you want to avoid energy crises, recessions and unemployment. Do NOT blame us!
[Transcript] – MARGARET BRENNAN: Welcome back to Face The Nation. As President Biden met with Middle Eastern leaders last week, he was accompanied by Amos Hochstein, the Special Presidential Coordinator for International Energy Affairs. He’s with us now. Mr. Hochstein, Welcome to Face The Nation. Good to have you here in person.
PRESIDENTIAL COORDINATOR ON ENERGY SECURITY AMOS HOCHSTEIN: It’s great to be in person. Thank you.
MARGARET BRENNAN: So you were one of the few US officials in the room when President Biden met with Saudi leaders. Why was this trip worth the political risk? What did you get?
HOCHSTEIN: Well, I think this was a historic trip. First, it started just landing in Saudi Arabia in Jeddah, as the first-ever flight from for a president to fly from Israel, directly to Saudi Arabia, with the backdrop of Saudi Arabia, opening the announcing that they’re opening the skies for the first time for Israeli Aircraft, for all aircraft, including flights to and from Israel over its airspace, comes on the backdrop of a major achievement over the last few months of a ceasefire in Yemen, where 1000s of people have been killed. Over the last seven years, this has been the longest ceasefire we’ve had with a commitment from Saudi Arabia to work to extend the ceasefire even further; major announcements for food security and achieving contributions from the GCC from the Gulf countries on food security.
MARGARET BRENNAN: But none on oil, yet.
HOCHSTEIN: Well, we had a major announcement on cooperation on energy writ large. And if you recall, just before the President announced his trip just a few days before that OPEC+ made a- a major shift and its policies, recognizing that since Putin started amassing forces, the markets have been affected, and that there was a supply-demand issue and announced increases in supply over 50% for July and August. And I’m, based on what we heard, on the trip, I’m pretty confident that we’ll see a few more steps in the coming weeks.
MARGARET BRENNAN: So OPEC+ meets August 3. Saudi has some, very little spare capacity. So are you saying you got a wink and a nod that they’re going to pump more?
HOCHSTEIN: I think what we discussed, first of all, it’s not just about Saudi, it’s about we met with with the GCC and with Saudi Arabia. There is, I’m not going to go into how much spare capacity there is in Saudi Arabia and in UAE and Kuwait, etc. But there is additional spare capacity, there is room for increased production. As we’ve told producers in the United States, we’ve had conversations over the last several months and weeks, with OPEC. And I believe that there is still more room to-to see additional steps.
MARGARET BRENNAN: Saudi says it’s got like a million spare barrel capacity.
HOCHSTEIN: Again, it’s not just about Saudi, this is OPEC. So, there are other countries as well. So, we needed to see a little bit more. But let’s-let’s look at what has happened since the President announced his trip. Oil prices at that point were at about $120. Today, oil prices are around $100, $101. So that’s a $20 decline based on the steps–
MARGARET BRENNAN: –some of that economic concerns, though China, looking like it’s slowing and concerns here about consumption going down.
HOCHSTEIN: So there’s no doubt there’s never one reason why oil prices go up while goes down. As you know, in oil prices go up, they tend to say there’s only one reason; that’s the part of the political leadership. But if you think about it this way, over the last few months, the President has supplied the US market with a million barrels a day, which is a historic level from the strategic reserve. We’ve never done that before.
MARGARET BRENNAN: And that, what, ends in September?
HOCHSTEIN: No that-that will end towards the end of the year.
MARGARET BRENNAN: Will it end towards the end of the year? Can you afford to stop putting emergency supply on the market?
HOCHSTEIN: Well, look at what has happened. The private sector, as we talked to them, the United States said they can increase production in the United States by about a million barrels a day. But it’s going to take time to invest in it, it will come at the end of the year. So we stepped in, the president stepped in and said ‘I’ll fill that gap.’ So hopefully, my expectation is that the private sector in the US will have those increases coming, so we don’t need to have the emergency from the US government. In the meantime, we’ve seen the prices, both the oil price, but also the price of the pump has come down at the fastest rate that we have seen in over a decade. So, from over $5. And remember this just a few weeks ago–
MARGARET BRENNAN: –still pretty high, but it’s still pretty high. It may have come down a bit.
HOCHSTEIN It’s not $5 anymore, it’s now $4.55. And I expect it to come down more towards $4. And we already have many gas stations around the country that are below $4. So we’re this is the fastest decline rate that we’ve seen against a major increase in oil prices during a war in Europe, where one of the parties in the war is the third largest producer in the world. So these are extraordinary circumstances we’ve taken very tough measures to address them right away, both for the American consumer but really for global economy, too.
MARGARET BRENNAN: Well, we’ll watch to see if those gas prices continue to fall. I want to ask you about what the administration is pushing around the world which is this concept of putting a cap on the price of Russian oil that is sold, so that it’s not cutting back on the amount but rather the windfall profits Putin can profit off of it. What’s to stop Vladimir Putin from just saying, fine, I’m just going to stop pumping.
HOCHSTEIN: Well, I think that the wait, look the price cap is–
MARGARET BRENNAN: –Does that ruin your plan, if he does that?
HOCHSTEIN: Well, first, he could do that tomorrow, regardless of what we do on a price gap. You know, Putin has been an unreliable supplier, unfortunately. But I think what we’re doing is we’re designing the mechanisms so that he can still, he’d still would have revenues he needs those revenues to, that’s the only revenues he really has in his country. There’s nothing else in Russia except for oil and gas.
MARGARET BRENNAN: Well, JP Morgan says he’s got enough cash that he’s sitting on, that he could cut by 5 million barrels in that extreme example, that the price of oil would go up to over $300 a barrel, almost $400 dollars a barrel.
HOCHSTEIN: Well, what we want to be able to do is to mitigate where the price of oil on the world market doesn’t actually impact Russia at all, because we’re going to put a price cap, so that all they have is to get that price at no more than that.
MARGARET BRENNAN: Right.
HOCHSTEIN: We believe that that is the way to do it. So if prices go up, he still won’t get that price and we can reduce that price.
MARGARET BRENNAN: Why would India or China comply?
Well, first, at the G7, a couple of weeks ago, the G7 endorsed this idea as a good idea. We’re now starting to have the conversations with the major consumers. And I would ask the question the other way around, doesn’t every buyer try to get a lower price? So, I think every buyer is incentivized to pay less. And I’ll go a step further. Right now, regardless of what you see as the global oil price. That’s not what Putin’s getting. So these headlines about Putin getting some kind of a math between how much is he selling times the price of oil in the world, that’s not his revenue, because he’s already agreed to major discounts–
MARGARET BRENNAN: –He’s still taking in money and he’s still funding this war. So–
HOCHSTEIN: That’s what we’re trying to stop.
MARGARET BRENNAN: Right. But in the meantime, I want to ask you quickly about the president’s climate change efforts, this bill, and his proposal is completely stalled right now. The president says he’s going to take executive action, what is the plan? What are you going to actually do here in the United States?
HOCHSTEIN: Well, I think we’ve tried to get a plan where we can incentivize, great incentives for US investors–
MARGARET BRENNAN: –But you can’t block new oil and gas drilling, right? You can’t do some of those things, because they would counter your efforts.
HOCHSTEIN: Well, I think what we want to do in this in this bill that we’ve proposed, and we are hopeful that we still hope that that’s what Congress does, is to give it the kind of incentive assurances that we can have additional American investment in climate, renewable energy electric vehicles. Why wouldn’t we want to do that? Why would we want to make-to create an environment in which China is ahead of us? The rest of the world is making the investments and we’re not. We want to be able to put the kind of incentives that will be additional investment in the infrastructure for renewable energy, for solar, for wind, and for electric vehicles and for our nuclear fleet in this country. That’s how we get to climate. We didn’t get that today. The President is determined to take some action that he can through executive orders, and through other actions. We’ll see what we can do this weekend in the coming weeks. But again, I think that the responsibility here is to be able to invest into our future, whether we like it or not this those-some don’t like it. This is the future of energy markets in the United States and around the world. We got to decide do we want the US to lead, or do we want the Chinese to lead this?
MARGARET BRENNAN: You got to convince Senator Joe Manchin, we’ll be talking about that ahead in the segment, thank you very much for coming in. [LINK]
…”And then he said, Texas has no wind for the windmills. Yes, Texas!”
Posted originally on the conservative tree house on July 13, 2022 | Sundance
Officials in the state of Texas are worried the emergency measures taken Wednesday to avoid blackouts may not be enough. The utility operators urgently need the wind to start operating the windmills or things might get worse. Reuters News has more:
(Reuters) – Texas’s power grid operator on Wednesday took emergency measures to avoid rolling blackouts as soaring electricity demand threatened to outpace available supplies amid a stifling heatwave.
The Electric Reliability Council of Texas (ERCOT), which operates the grid that serves more than 26 million customers, initiated a rarely used emergency program that is triggered when supplies fall below a critical safety margin.
Earlier, ERCOT had urged residents to cut power use during the hottest hours of the day and warned of a risk for rolling blackouts. Residents were asked to turn up thermostats, defer the use of high-power appliances and turn off swimming pool pumps.
The emergency notice came after ERCOT began paying suppliers an average of $5,000 per magawatt hour to keep generators running. That price is the highest the grid operator pays. “They were pulling a lot of levers to avoid going into emergency operations and rolling blackouts,” said Doug Lewin, president of consultants Stoic Energy LLC. (read more)
Call me Captain Obvious, but in addition to the population migration, it looks like Texas imported California’s energy policies. The sustainable energy isn’t sustainable. However, on a positive note, their state ESG score is improving.
OK. I suppose it was just a matter of time. In Thailand, a clever thief drilled into car’s fuel tank to steal the gasoline. In the United States, people are complaining about the fuel cost of $5 a gallon. In Europe, they sell it by the liter. In Europe, when on par with the United States, one gallon is now running for $10 a gallon. With the model projecting that we can see oil run-up to over $200 in 2023, we are looking at crazy times in energy which will come back as civil unrest.
Posted originally on the conservative tree house on May 24, 2022 | Sundance
It is important to remember the ultimate goal of the ‘climate change’ promotors (World Economic Forum) is not an energy system that changes the global climate. The goal of the ‘climate change’ group is to create a carbon trading system; a new financial mechanism (a global tax program) to control human activity on a world-wide basis. This system also needs a digital identity in order to work {hint-hint}.
You cannot tax or trade things you cannot track. As a result, there was always going to be a need for an individual tracking and monitoring system that would connect to the global digital identity and determine the carbon footprint. The carbon taxing and trading system will be more financially lucrative than any stock exchange or monetary banking system. It is the ultimate human control mechanism, and the preferred way to redistribute wealth under the guise of global equity.
Of course, the system will beta test as a consumer demand product until the government steps in to take over the allocation and distribution equity part. In this video segment, Alibaba Group president J. Michael Evans boasts at the 2022 World Economic Forum about the development of an “individual carbon footprint tracker” to monitor what you buy, what you eat, and where/how you travel. WATCH:
The individual carbon tracker is the baseline for a global carbon trading system that involves everyone; at least, everyone connected to the outlook of western government.
Carbon allocation creates the financial metric that replaces currency. You buy and sell carbon credits allowing you to engage in specific functions within society, like dining, traveling, home ownership and type, vehicle or transportation type, even the clothes you can purchase. Hence, “carbon trading” is the term most people are familiar with.
In essence, you are a parasite to earth; therefore, you must offset your derogatory footprint on the planet by paying a fee to exist. If you cannot pay for the carbon credits needed to engage in the transaction (travel, home ownership, cooling, heating, etc.) you cannot engage in the regulated activity.
The carbon exchange process is at the end of the slippery slope created by a digital identity. The 5G telecommunications network is designed to use geolocation and behavioral tracking that will connect your digital identity to your individual behavior and facilitate the carbon footprint tracing process. We are already passed the “if” stage.
Posted originally on the conservative tree house on May 23, 2022 | sundance
During a joint press conference held in Tokyo, Japan, held by Joe Biden and Prime Minister Fumio Kishida, Biden was asked about the financial pain Americans are feeling with massive increases in gasoline prices.
Outlining how his energy policy is directly related to the gasoline price, Joe Biden said: “Here’s the situation. And when it comes to the gas prices, we’re going through an incredible transition that is taking place that, God willing, when it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels when this is over.” Yet again proving the intent of the administration is to implement the ‘Green New Deal’ through executive action. WATCH:
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This admission is akin to former President Obama saying, “energy prices would necessarily skyrocket” in order to achieve the goals of the administration.
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