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Inflation Reduction Act

Twelve Pack Lookback

By Energy Rant No Comments
This post features my predictions from a year ago and what has happened since. Forecast #1: “The Ukraine war will not end peacefully with a desirable outcome as long as the bipartisan U.S. Congress keeps laundering money through the military-industrial complex (and others) in this proxy war with Russia.” The Wall Street Journal, December 15, 2023: “Nearly two years into the war, Putin’s gamble that Russia can outlast Kyiv’s Western backers appears to be paying off.” That was after Ukrainian President Zelensky visited Washington in December to urge Congress to send more weapons, to no avail. The average Ukrainian soldier…
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A Twelve-Pack for 2023

By Energy Rant No Comments
A Twelve-Pack for 2023 Last year Las Vegas booked my predictions at 1:1.5 odds. This year I’m being more aggressive and expect something closer to a 3:1 weighted average. Below, I include my estimates for each forecast. Ukraine War I’ll get the tough stuff out of the way first. The Ukraine war will not end peacefully with a desirable outcome as long as the bipartisan U.S. congress keeps laundering money through the military-industrial complex (and others) in this proxy war with Russia. (Odds: 1:2) There is no exit strategy. Thirty billion here. Forty billion there. When that runs out, we’ll…
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2022’s Lucky Seven Lookback

By Energy Rant No Comments
This post features the results of my Lucky 7 predictions I made a year ago, a grade for each omen, and a little sass here and there. Coal Record Prediction: Annual worldwide coal consumption will pass the all-time high set in 2014. Result: The Internation Energy Agency, on 16 December, reported, “Global coal use is set to rise by 1.2% in 2022, surpassing 8 billion tonnes in a single year for the first time and eclipsing the previous record set in 2013(sic), according to Coal 2022, the IEA’s latest annual market report on the sector.” This is remarkable, considering “For…
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