“Opponents of oil and gas have increasingly targeted energy projects through misinformation, protests, lawfare and misinformation, hurting a strategic U.S. industry that employs more than 11 million Americans, and negatively impacting our country’s economic stability.” (Energy Transfer, below)

Pragmatic rent-seeking by crony capitalists is a major problem in the United States. Political capitalism allows “the worst of get on top,” while misallocating resources from consumer to governmental ends. Think of Ken Lay of Enron. James E. Rogers of Public Service of Indiana/Duke Energy. John “beyond petroleum” Browne … Ben van Beurden of Royal Dutch Shell… GE’s Jeff Immelt… T. Boone Pickens … John Hofmeister. The wind and solar crowd. Even Kelcy Warren, co-founder and chairman of Energy Transfer, the subject of this post.

As a Houston Chronicle editorial stated on Monday:

A few of Trump’s Texas-based allies and donors stand to make a killing off Biden’s climate law.

“Under the proposed deregulation plan, data centers would not need to worry about grid reliability to keep their business running. The two parties can make their own reliability arrangements, involving engineering (underground connections, backup generation, storage or through contract provisions).”

Data center madness due to artificial intelligence (AI) struck the U.S. Last week. President Donald Trump kicked it off with a strange White House session January 21, as AI gurus announced a $500 billion plan (scaled up from an initial $100 billion bet) to use private money for a veritable plethora of data centers across the entire U.S. The moniker was “Stargate,” not to be confused with “Watergate.”

Joining Trump at the White House meet-and-greet were Open AI founder Sam Altman, Oracle founder Ellison, and SoftBank CEO Masayosh Son. They would find the money, not ask the government for it.…

This post excerpts energy and climate material from the Media Balance Newsletter, a free fortnightly published by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete Newsletter for this post can be found here.

Unreliables (General):
*** The True Cost of Industrial Wind Energy
*** Dem Lawmakers Hinder Federal Investigation Into Biden Admin’s $400 Billion Green Energy Loans
Norway Wants to Scrap EU Power Links amid Surging Prices
Former NY Utility Regulator Warns State Lawmakers They’re on the Naughty List

Wind Energy — Offshore:
Floating Offshore Wind Systems in the Impoverished State of Maine

Wind Energy — Other:
*** Osage Tribe Wins Again, Federal Judge Orders Removal of 84 Wind Turbines by Next December
Wind Power Has Hit Its Limits In Europe

Fossil Fuel Energy:
Exxon To Build Large Off-Grid Natural Gas Plants To Exclusively Sell Electricity… AI Data Centers?…

“City leaders should stop pretending Houston will, or should, transition away from oil and gas anytime soon…. Houston should embrace its role in sustaining and improving the lives of literally billions of people globally each day. It’s a legacy worth standing up for… and even celebrating.” (Doug Sheridan, below)

Hyperbole and government subsidies (bribes, to critics) is the lifeline for inferior energies (think dilute, intermittent, resource-intensive wind and solar). Such as been the case since the 1990s in Houston, Texas when Ken Lay of Enron Corp. empowered executive Robert Kelly to create a new renewables business, a story told here.

And shame-on-shame that some Houston business leaders that should know better have embraced low-density, political energies. I am thinking of Bobby Tutor, chair of the Houston Energy Transition Initiative, and Steve Kean of the Greater Houston Partnership.…