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Alex Epstein: Unpacking the Energy Crisis, Nuclear, ESG & Bitcoin Mining

Coin Stories

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Energy Consumption - Is Oil the Best?

I categorize energy use in different categories. I, the foremost helpful for me are so transportation or like liquid fuel for transportation, electricity and then what I call industrial and residential heat. So much of modern industry involves burning fossil fuels directly because if you had to burn them indirectly or use anything else via electricity, it wouldn't be cost effective. For example, hydrogen is supposedly this new panacea that people are focused on. But by far, the cheapest way to produce hydrogen is burning natural gas. What is the best form of heating? It's usually cleanly burned natural gas which burns very cleanly when we have enough freedom of production. We have a huge advantage over other countries right now

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