MosheBenIssac
494 posts












🚨Just Dropped: My New Forbes op/ed: “A Self-Imposed Energy Crisis Looms In California” California’s leaders have spent years systematically dismantling the state’s once-thriving oil and gas industry through hostile regulations, refinery closures, permit delays, and an outright refusal to develop its own abundant domestic resources. The result is a self-made vulnerability that is now turning into a full-blown energy crisis. Key points: • California possesses the 5th-largest oil reserves in the United States, yet it has become heavily dependent on imports — roughly 20% of its gasoline now comes from Asian refiners. • The state is down to a precarious 10-day fuel supply. • Gasoline prices already run about $2.00 per gallon above the national average, thanks to the highest taxes and fees in the nation plus the unique CARB-compliant blend mandated by the Low Carbon Fuel Standard. • No inbound pipelines exist, and CARB rules make it nearly impossible to quickly source replacement fuel from other U.S. states. Shipping from Asia takes 25–45 days. USC Professor Michael Mische has been sounding the alarm for years. He puts it bluntly: “Frankly, we’re running out of fuel as we speak. We’re down to about 10-day supply of fuel right now and we’ll be feeling stress of that because of the issues in the Middle East and the length of time it takes to move product to California.” Mische adds that relying on foreign governments for oil and gasoline while sitting on vast domestic reserves “is probably not in the best interests of California… And that just fell on deaf ears.” California has effectively become an “energy island,” acutely exposed to every global supply shock. With Middle East disruptions already tightening markets, the pain at the pump — and potential shortages — is coming fast. This crisis is almost entirely self-imposed. Bad policy = bad outcomes. #CaliforniaEnergy #EnergyCrisis forbes.com/sites/davidbla…




NOW - Secretary of War Hegseth: "The one institution that should win the Nobel Peace Prize, every single year, is the U.S. military."




























