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master resource a free market energy blog a free market energy blog about categories reading list archives petrostatism vs oil exceptionalism venezuela and beyond by robert bradley jr july 29 2026 the key to sustainable resource development is private property rights to the subsoil not monopoly government deciding what public projects to undertake the history of government and petroleum is clear on this in a council on foreign relations study venezuela the rise and fall of a petrostate 2024 authors diana roy and amelia cheatham wrote venezuela s ongoing descent into economic and political chaos is a cautionary tale of the dangerous influence that resource wealth can have on developing countries calling guillermo yeatts and his case for privatizing the subsoil for mass wealth creation and democratization but the authors work within the socialist nationalist paradigm their summary follows verbatim venezuela is an example of a petrostate where the government is highly dependent on fossil fuel income power is concentrated and corruption is widespread continue reading cheap renewables reuters recycles the myth by lisa linowes july 28 2026 editor reuters warning that ending wind and solar subsidies will raise electricity prices is the latest version of a familiar argument lisa linowes windaction challenged this argument when it was used to defend the production tax credit in 2012 wind energy without the ptc and in 2014 awea spins price distortions to save ptc more than a decade later reuters is again defending the undefendable wind and solar developers naturally want the public to equate nameplate megawatts with reliable supply subsidized bids with total costs and rapid deployment with technical necessity they are selling projects reuters should be doing something different the press should test industry claims not launder them into economic commonsense once again a major media outlet is laundering the renewable energy industry s sales pitch through the authority of its news brand continue reading vehicle freedom from big climate brother presidential memo to the epa by robert bradley jr july 27 2026 to further ensure vehicle affordability it is the policy of my administration that consumers should be able to fix their vehicles with affordable parts without being deemed to have circumvented emissions controls you can fix your vehicle and not be presumed guilty until proven innocent as simple as that sounds in a free society a politicized u s environmental protection agency has done the opposite and might change course soon by instruction from president trump as summarized in this white house press release today president donald j trump signed a presidential memorandum expanding americans freedom to fix their own vehicles the memorandum directs the administrator of the environmental protection agency epa to issue guidance clarifying what actions individuals may take to fix their own vehicles emissions systems consistent with the clean air act continue reading global lng vs the european union by robert bradley jr july 23 2026 continue reading e15 misdirection wsj letter from farm state us senators by robert bradley jr july 22 2026 continue reading global air conditioning adaptation in action warming alarmists getting their due by robert bradley jr july 21 2026 continue reading energy environmental review july 20 2026 by john droz jr july 20 2026 continue reading reining in u s epa abuse a legislative opportunity by robert bradley jr july 17 2026 continue reading false optimism broken promises of wind and solar advocates by robert bradley jr july 16 2026 continue reading climate retreat documented in the new york times by robert bradley jr july 15 2026 continue reading previous entries search this site principals robert l bradley jr roger donway kassie andrews john droz jr craig d idso mark krebs joanna szurmak featured categories climate change state energy regulation corporate governance wind politics international energy sources electricity policy awed newsletters archive contributors michael lynch sherri lange lisa linowes kevon martis bill peacock tom tanton jim wiegand all categories archive blog roll link american energy alliance energy in depth globalwarming org institute for energy research knowledge problem a project of the institute for energy research about awed newsletters archive categories reading list