Vibrant energy industries….
I asked ChatGPT to identify which country has the most successful and vibrant oil industry and which country has the most successful electricity industry. Here is its assessment of the U.S.: “The United States has the world’s most vibrant oil industry because it allows many private actors to take risks, innovate, own assets, contract freely, and respond to market signals. The United States does not have an equally vibrant electricity industry because too much of the sector is still organized around monopoly franchises, regulatory permission, utility planning, and socialized cost recovery.”
Consumer Regulated Electricity (CRE) is state policy that can change the direction of the electricity industry.
