A great abundance of American energy

“Going forward, the Department's goal will be to unleash the great abundance of American energy required to power modern life and to achieve a durable state of American energy dominance,” Wright said.

This will be done with faster permitting, grid upgrades, and more nuclear.

Refilling the SPR will also be a priority.

Wind and solar will not.

“Net-zero policies raise energy costs for American families and businesses,” the order read.

They also “threaten the reliability of our energy system, and undermine our energy and national security.”

Those are statements of fact.

The facts are really inconvenient for some in the business world, namely the respective industries.

So they’re planning a lobbying offensive in Congress.

Good luck with that.

Things returning to normal

With the exception of wind power, Trump’s energy policy is basically the same as China’s.

Think about it: he’s not fixated on oil.

He wants more nuclear, too. Because nuclear is reliable.

It’s an “all of the above as long as it makes sense” approach.

And that’s the healthiest approach in energy policies.

Underperforming IRA…?

Charlie Munger (Warren Buffett’s partner and investing genius) said:

“If you go back to what the rich people of England did back, say, in 1900, they bought consoles, 2.5%, no inflation. Two and a half percent return…you’d be satisfied with that.

“No rich people thought there was any safe way of getting 8% if you go back to 1880 among the rich people of England.”

Beat the “Rich people of England”

US Treasury Bills are around 4% per annum. Money market rates are around 4.75% per year. Why would you let your money sit useless in a savings account?

Put it to work with ROX Energy and make a 10% yearly ROI with a third-generation oil & gas family company.

ROX has 35+ Years of Experience

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