Gavin Newsom's California is a travesty for energy policies, and we can see yet another hit to consumers. The Utility companies are now limited in the profits they can make to rebuild the grid. That will SQUASH investment and get more companies to leave California, and take the jobs with them out of the State. As companies shut down and cut jobs, they also cut tax revenue, and that is going to make the financial crisis brought on by Gavin even worse.

His Energy Policies have now become a complete national security risk for the western half of the United States. When you consider the corruption, graft, and greed exemplified during Gavin Newsom's Governorship, it won't be easy to rebuild California after he leaves office.

1. The energy policies and challenges in California, particularly the regulation of utility profits and the impact on energy reliability.

Michael Tanner and Stuart Turley discuss how California's approach to regulating energy providers like PG&E and Edison differs from other states, leading to issues with grid investment and energy reliability. They contrast California's "top-down" policies with a more collaborative approach in different states.

2. The geopolitical tensions and sanctions related to Venezuela and Russia.

The hosts discuss the Trump administration's actions to intercept oil tankers related to Venezuela, and the potential motivations behind these moves, such as regime change, protecting Gulf Coast refinery interests, and impacting Russia's war in Ukraine.

3. The potential of nuclear fusion as an energy source, and its connection to Trump's media company.

Stuart Turley discusses the promise of nuclear fusion technology and how Trump's media company, Truth Social, may be involved in developing or licensing fusion-related patents.

4. The outlook for the oil and gas industry based on the Dallas Fed survey.

Time Stamps

00:16 California Cuts PG&E and Edison's profits for grid improvement.

03:47 California's Corruption exposed by Katy Grimes at the California Globe

08:17 Oil and Venezuela's impact on global markets

11:06 Sanctions through Drone strikes

13:31 Fusion and President Trump may be a great investment for humanity

We cover key insights from the Dallas Fed's survey of oil and gas executives, including their price expectations, activity levels, and concerns about a potential market oversupply. Is there a glut, or is the glut simply misunderstood, or is the market recalibrating to a new method? You will want to see our Doomberg interview in January.

1.California Cuts PG&E’s and Edison’s Profits for Grid Investments: Gavin Newsom’s California Poses a National Security Risk Due to Flawed Energy Policies

2.San Francisco Crippled by Widespread Power Outages on Busy Holiday Shopping Weekend

3.Trump Administration Intercepts a Second Tanker in Venezuela Oil Tanker Blockade

4.Sanctions through Drone Strikes now in the Mediterranean

5.Why Fusion Is Considered Energy’s Holy Grail, and how President Trump’s media company is betting on a breakthrough

6.Lingering pessimism, uncertainty further weigh on oil and gas activity – Dallas Fed

7.US Oil Drillers Drop 6 Rigs This Week According to Baker Hughes: What Is the Impact to Consumers and Investors?

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