July 7, 2022
The result, according to the head of the International Energy Agency, is a multi-faceted crisis that reaches beyond even the gas price spikes of the 1970s in its severity while being far broader in reach.
In a nation that was seemingly energy independent just a few years ago it’s important to question the path we took to this perfect storm of energy price and supply pain. As it turns out, the answer does not involve a straight path but many wrong turns along the way.
A key contributor to our current energy woes is the way we have mismanaged our energy markets at the highest levels of government in the United States. We are here because we devalued and failed to comprehend the urgent importance of reliable baseload energy sources. And we’re here because for decades some politicians have prioritized ideological objectives over sound policy.
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