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The Finnish example is a testament to how nuclear can play a part in solving the current energy crisis, with consumers still paying sky-high fees for energy in many European countries.

However, the hypocrisy is of course that when power prices were extremely high in 2022, hurting consumers - it was all Russia's fault; but now that prices are plummeting, operators can't have that and withdraw supply to hurt consumers.

Do you see a pattern here?

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Oil prices sit at $72 a barrel, and the Biden administration hopes to purchase reserve oil at anywhere between $67 to $72 a barrel. Republicans tried to fill the reserve to its capacity in the spring of 2020—when a barrel of oil cost as low as $15—but Senate Democrats blocked the plan, attacking it as a "bailout for big oil."

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Just three years ago the Democrats blocked President Trump from filling the Strategic Oil Reserves at $24 per barrel.

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While the plant’s production is still in its early days, its launch has had a considerable effect on Finland’s energy prices, lowering the electricity spot price in the country from €245.98 per megawatt-hour (MWh) in December to €60.55 per MWh in April, a reduction of more than 75 percent, according to physical electricity exchange, Nord Pool.

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Low demand for natural gas has sent Europe’s benchmark gas prices towards a sixth consecutive weekly loss—the longest run of weekly losses since 2020.

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They sold the oil, spent the money, and now cannot afford to refill it with the debt ceiling about to be hit.

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At the end of 2022, more than 10,000 energy projects—most of them solar—were waiting for permission to connect to grids

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Difference between a conspiracy theory and the truth - 6 months

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A market capitalization that exceeded $150 billion days after a blockbuster public trading debut in late 2021 now stands at less than $12 billion after a 93% stock wipeout, reflecting almost no value beyond the company’s cash hoard.

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“While trucks represent only 6% of the vehicles on California’s roads, they account for over 35% of the state’s transportation generated nitrogen oxide emissions and a quarter of the state’s on-road greenhouse gas emissions,”

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It will ban natural gas hookups in most new residential and commercial buildings under seven stories beginning in 2026.

By 2029, that will extend to larger industrial and commercial properties as well.

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The latest EPA proposal would mandate ‘carbon capture’ at power plants. A study by MIT showed that carbon capture raises the cost of electricity from 30% to 50% depending on the type of plant. Another study by Australia’s Institute for Energy Economics and Financial Analysis however showed that prices could actually climb as high as 95% to 175%.

Imagine your power bills doubling? That will be the final blow for millions of Americans.

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