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Power Grid Vulnerabilities; Eyes on the Prize

By Energy Rant No Comments
In this year’s twelve-pack of predictions for 2023, I forecast that the attacks on the U.S. power grid would continue, and the media would desperately attempt to blame their ideological opponents as extremists. Yawn. The attacks certainly risk public welfare, safety, and security, but what’s behind them? I took a couple of hours to investigate. Terrorism The Time article I referenced includes a quote, “’ Domestic terror groups understand that citizens losing power from gunfire or sabotage is an easy way to receive media attention, which they crave,’ says Brian Harrell, a former Assistant Secretary for Infrastructure Protection at the…
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Save the Ships

Save the Ships for the Energy Transition

By Energy Rant No Comments
I’m not a casino gambler because I know who wins. I learned long ago that a stock is worth what the next guy will pay for it – nothing more and nothing less. Bad news is good news, and good news is bad. It’s entirely unpredictable. For example: Bureau of Labor Statistics: “Two hundred thousand jobs were added last month, well short of the 500,000 expected increase.” CNBC: “That was a horrible jobs report today!” Stock Market: “Hurray! The Fed won’t raise interest rates,” and the market climbs two percentage points. Commodities have more intrinsic value than securities, and therefore,…
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