Roger Conrad, Tortoise King

At 25 I was broke with no plan. By 35 I owned my own home with my wife & 1st son. By 45 We had 3 kids and I advised centi-millionaires. By 55 I had an 8-figure net worth and the freedom to be with my family for all the important moments I did it all by investing in 5 things: 🧵

@janrosenow @MegaWattXinfo What’s hilarious (in a dark comedic way) is TotalEnergies $TTE apparently has no current plans to develop offshore wind on the site. As a shareholder, it’s always nice to get a $1 billion gift from the government for doing nothing. As a taxpayer, I have a different view.

The US is reportedly preparing to pay nearly $1bn to TotalEnergies for cancelling two offshore wind leases. Not to build clean energy. To cancel it — with TotalEnergies committing to gas infrastructure in Texas instead. As @MegaWattXinfo put it: "Ideology is expensive."

@PressSec Nice deal for NextEra Energy $NEE America’s leading power producer from natural gas, as well as wind, solar and energy storage.

Trump administration announces $17B power plant to produce more electricity in southwestern Pa. post-gazette.com/news/politics-…

@elonmusk @JessePeltan It’s a fair bet the old “Big 3” US automakers will have to be bailed out again—Honda passed them by years ago.

True

@mzjacobson Quite a bit of repowering activity already at NextEra Energy $NEE and now pairing it with energy storage. No problems funding projects or contracting the additional output apparently.

New paper: Repowering existing U.S. wind farms with newer turbines could double current output so that the U.S. could meet up to 21% (instead of 10.5% currently) of electricity demand from wind. Paper: web.stanford.edu/group/efmh/jac… Article anthropocenemagazine.org/2026/03/americ…

@clawrence Cheap, abundant shale natural gas that brought down utility rates in recent years provided “headroom” for utilities to invest in renewable energy. And swapping gas for coal easily cuts CO2 deeply—not to mention mercury, acid rain, coal ash waste, particulate matter….

Renewables advocates in Texas, natural gas is your friend not your enemy. Solar ramped up from 0GW at 7am to 20GW at 9am. The only way that works is because natural gas fired power plants could ramp down that quickly. Batteries certainly helped, and will continue to take more of that burden. But natural gas is your friend.

@JessePeltan The problem with that argument is all 15 states with 5-year bill increases above the national average are “deregulated.” The 35 monopoly states are all below the average. Allow utilities to build generation and bills in “deregulated” states will come down.

“Gold plating” is a complete red herring meant to distract everyone from ridiculous unit costs. It simply does not cost this much to build grid infrastructure. Even in the U.S., private companies can do it for way less, we just usually don’t allow them to because utilities have a monopoly. We need real competition in grid infrastructure to get construction costs down, we need to build at much larger scale to get economies of scale, and we need real price signals to coordinate better utilization of each unit of capacity.

The problem is NOT that utilities are “gold plating.” The problem is that we are paying WAY too much money AND getting way too little for it. We need to build a lot more capacity a lot more efficiently. (and make better use of it)

The primary driver of #energy stocks and $XLE since late last year isn't #Iran, #Venezuela or any geopolitical story, it's the complete and utter collapse of the consensus bear narrative on oil, and fairytales of endless shale production growth at sub $60/bbl...

@ts_fisher Drop the prohibition on regulated utilities owning electricity generation in the 15 deregulated states. The 35 states where utilities produce power all have 5-year rate growth below the national average. Rolling back so-called deregulation of the 1990s will cut rates fast.

Conspicuously absent: -repeal costly RPS mandates -leave costly cap-and-trade or carbon tax schemes -end costly net metering programs -repeal offshore wind mandates -drop net zero and embrace zero energy poverty -permit pipelines -build parallel pathways to new supply, like CRE

@morgan_tigers @Rob_Rains Maybe they’re finally listening to the industry—but more likely it’s the opinion polls in advance of midterm elections showing Americans overwhelmingly support solar.

Uhhh... this is quite a tone shift from the Trump admin 👀 "Interior indicated in its statement that it considers solar part of the admin’s ongoing efforts to ramp up domestic energy production, which is needed to power energy-intensive data centers..." subscriber.politicopro.com/article/eenews…

@SecretaryWright Produce a design a utility can take to regulators and investors with a credible all-in cost estimate and time to build and the orders will flow. Until then, nuclear’s best hope is keeping existing plants open and re-starting reactors shut in the past decade.

President Trump is ushering in the next golden age of energy— the nuclear renaissance. washingtonexaminer.com/restoring-amer…

@JavierBlas @opinion Carbon capture, phasing out coal, more efficient turbines and harvesting methane may ultimately save Net Zero. And wind, solar and battery storage remain a great business. But we’re still going to use a lot more oil and natural gas by 2050.

COLUMN: Net zero by 2050 is effectively dead: Oil, natural gas and coal will remain crucial for meeting the world's energy needs. But that doesn't mean the end of renewable energy. Solar, in particular, is thriving, and will continue to boom. @Opinion bloomberg.com/opinion/articl…

@JessePeltan It’s going to surprise a lot of people how little solar plus storage growth truly depends on subsidy. Tariff rollbacks and new US manufacturing only make it more compelling. Invesco Solar ETF $TAN is already a huge winner since the president took office.

U.S. solar growth is expected to break the previous record by 50% this year. And it’s still only the beginning.

@AlexCKaufman It’s good to be a Southern Company $SO shareholder.

The Energy Department is financing the uprating of the two older reactors at Southern Company's Plant Vogtle.

@SecretaryWright “Record low” gas prices? Time to retrain the AI writing your tweets on better data.

Record low gas prices, taxpayer savings, regulatory reform, increased energy production, modernization of our nuclear stockpile, a robust economy and peace through strength in just over a year seems impossible. But President Trump is accomplishing it.

The 14 states with 5-year electricity price increases above the national average all “deregulated” in the 1990s. It’s time to allow regulated utilities to build and operate power plants again—including New Jersey. Anything else is window dressing. utilitydive.com/news/new-jerse…

@SecretaryWright If you’re going to take “credit” for lower crude oil prices, voters will blame you when tightening supply pushes them higher this year.

The national average price of gas has fallen below $3 per gallon thanks to President Trump. States embracing commonsense energy agendas are seeing prices even lower than $2.50 a gallon. Sadly, states engaging in energy subtraction like California, are still paying the most.

@SecKennedy Too much cognitive dissonance. Why not just encourage companies to build US factories to mass produce nontoxic products?

I will always tell the American people the truth. Pesticides and herbicides are toxic by design, engineered to kill living organisms. When we apply them across millions of acres and allow them into our food system, we put Americans at risk. Chemical manufacturers have paid tens of billions of dollars to settle cancer claims linked to their products, and many agricultural communities report elevated cancer rates and chronic disease. Unfortunately, our agricultural system depends heavily on these chemicals. The U.S. represents 4% of the world’s population, yet we use roughly 25% of its pesticides. If these inputs disappeared overnight, crop yields would fall, food prices would surge, and America would experience a massive loss of farms even beyond what we are witnessing today. The consequences would be disastrous. I support President Trump’s Executive Order to bring agricultural chemical production back to the United States and end our near-total reliance on adversarial nations. His EO protects two pillars of national strength: our defense readiness and our food supply. When hostile actors control critical inputs, they directly threaten the security of the American people. The Trump administration will secure these supply chains to eliminate that vulnerability. President Trump did not build our current system — he inherited it. For decades, Washington designed modern agriculture. Policymakers wrote farm policy, directed research dollars, structured subsidies and crop insurance, and shaped commodity markets to reward monocultures and maximum yield. Those deliberate choices locked farmers into chemical dependence and prioritized short-term output over long-term soil vitality and human health. We are now changing course — without destabilizing the food supply. Alongside @USDA @SecRollins, we are accelerating the transition to regenerative agriculture by expanding farming systems that rebuild soil, increase biodiversity, improve water retention, and reduce reliance on synthetic chemicals, including pre-harvest desiccation. We are also driving the rapid adoption of next-generation technologies, including laser-guided weed control, electrothermal and electrical systems, robotics, precision mechanical cultivation, and biological controls that replace blanket spraying with precision intervention. These solutions are not theoretical. Farmers are already putting them to work. Markets are scaling them. Now the federal government will act with urgency to expand their reach and accelerate adoption nationwide. I have met with hundreds of farmers and agricultural leaders across the country. They understand the pressures firsthand. Chemical inputs cut into margins. Chemical-resistant pests are spreading. Soil health is declining. Foreign markets are shutting out American produce. Farmers want workable alternatives, and they want policies that support transition without threatening their livelihoods. At HHS, I am leading a coordinated effort grounded in gold standard science. I am working with Secretary Rollins and @EPALeeZeldin to expedite a better future where a thriving agricultural system is less dependent on harmful chemicals. We are sharing data, coordinating strategy, and supporting farmers through a practical transition. The Make America Healthy Again agenda forces us to challenge long-standing assumptions about how we grow food, structure markets, and measure success in this country. Reform at this scale will test entrenched interests, and it will not move in a straight line. President Trump has opened the door to this debate and backed meaningful change — not only in policy, but in the national conversation about health and agriculture. American farmers stand at the center of this movement. They deserve policies rooted in rigorous science and economic reality. Our children deserve a food system that protects and strengthens their health. With President Trump’s leadership, we are securing critical supply chains, confronting the health risks embedded in our current system, and deploying every available tool to build a stronger, safer, more resilient American food supply.

@Atomicrod @DukeEnergy There’s the old Florida Progress plant Crystal River. It had problems but could it be restarted?

Duke Energy's (@DukeEnergy) nuclear power plants achieved a fleet average capacity factor of 96.9% for 2025. That's 91.4 TWh of clean, reliable electricity from a total generating capacity of 10.8 GWe. Duke thus produced about 3% of 2025's global record nuclear electricity production total of ~2850 TWh (reporting and calculating still in progress). Duke is a traditional, rate regulated utility so the $600 M that it received in federal nuclear production tax credits reduced the costs used to calculate its allowed rates and flowed directly to its customers. Unfortunately, that benefit did not help its Florida rate payers. Duke doesn't own any nuclear plants in Florida – yet. There are many good reasons to carefully maintain and operate existing nuclear plants to ensure that they last as long as possible. 2025 performance numbers provide excellent reasons to be excited about the future of nuclear energy. Skilled professionals have done a great job with the technologies and infrastructure developed by their parents and grandparents. But we've also been gifted with a much deeper base of accumulated knowledge than previous generations had. That enables us to do even better. Records can continue to fall.

@mzjacobson Other than taxpayer funded projects, there will be no orders for US nuclear until a utility buyer can go to its investors and regulators with a credible all-in cost and time projection.

New nuclear is crazy-and useless $47.2 bil for 3.26 GW Hinkley Point C=$14.5/W vs $1/W for solar and wind And HPC will take 22 years from planning to operation (2008-2030), vs 1-3 for PV/wind Similar statistics for Vogtle Vaporware SMRs are worse theguardian.com/uk-news/2026/f…

@DeItaone Rule of law prevails. If politicians want to tax Americans for imports, Congress has to pass them.

SUPREME COURT STRIKES DOWN TRUMP’S GLOBAL TARIFFS The Supreme Court ruled Friday that President Trump’s global tariffs are illegal, rejecting his use of emergency powers to impose trade duties. • The tariffs, covering imports from Canada, China, Mexico, and nearly all countries, were projected to raise $1.5 trillion over a decade. • Trump justified them as a response to fentanyl and trade deficits, declaring national emergencies. • Lawsuits argued the tariffs were unauthorized taxes on Americans, and lower courts largely agreed. • The decision ends a signature White House trade policy, which had remained in place during litigation.