Biden Is Risking Our National Security for Six Dollars

His intentions may not be nefarious, but President Biden’s gas tax holiday is absolutely an exercise in bureaucratic buffoonery. The truth is a federal gas tax holiday isn’t even worthy of being considered a Band-Aid. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Biden Is Risking Our National Security for Six Dollars Jeff Siegel | Jun 30, 2022 His intentions may not be nefarious, but President Biden’s gas tax holiday is absolutely an exercise in bureaucratic buffoonery. Last week, the president called on Congress to suspend the federal gas tax for three months. He claims that by doing this, it will provide some much-needed relief at the pump — and there’s a shred of truth to that. The federal gas tax is $0.184 per gallon. Most folks in the U.S. use about one gallon of gas per day. So with this federal gas tax holiday, drivers would save about $6 per month. I’m not saying we all couldn’t use a spare $6, but in the grand scheme of things, this is little more than an accounting error — particularly when you consider inflation is at around 8% right now. The truth is a federal gas tax holiday isn’t even worthy of being considered a Band-Aid. Of course, everyone’s looking for solutions here. Some call for more production. Others are calling for adding more biofuels to our transportation fuel mix. And, of course, there’s always the “why don’t we just release more from our strategic reserves” argument. Endless Power From a Device Thinner Than a Business Card It can turn every home, skyscraper, and stadium into its own “power plant” — capable of generating its own endless clean electricity 24/7... No storage batteries, generators, or ugly solar panels required. Not even the power grid is needed! This new device is about to create a seismic shift in the global energy industry. [Check out my research on this disruptive little firm.]( But all of these suggestions ignore a very uncomfortable truth… As long as we continue to rely on the outdated internal combustion engine, we will continue to be held hostage by the shackles of fossil fuel reliance. The Only Protection Against High Gas Prices I’ve been saying this for nearly 20 years now… One of the best hedges against high gas and diesel prices is vehicle electrification. Even with having to rely on imported battery materials in the near term, over the long haul, an honest investment in the transition from internal combustion to vehicle electrification will bear the fruit of stronger national security and financial stability for the poor and middle class. This is particularly true when you consider eventually nearly every material used in an electric vehicle battery will be produced domestically either through resource extraction — and make no mistake, resource extraction in the U.S., Canada, and the EU is far more sustainable than resource extraction in China, Africa, and South America — or through battery recycling plants that are likely to become instrumental in the long-term economic sustainability of EV battery production. “Lithium Crunch” Ahead: Buy THIS Stock Our exploding battery demand is causing a giant lithium crisis. According to the International Energy Agency, current lithium production will have to increase by 50x in the coming years... But one little-known company has figured out how to make high-performance batteries that require NO lithium whatsoever. This [patented technology]( was developed in cooperation with the University of Queensland and is starting to roll out as we speak. [Check out my free report on this once-in-a-lifetime opportunity.]( In fact, just last month, Norsk Hydro (OTCBB: NHYDY) announced that its battery recycling joint venture with a company called Northvolt started commercial operations. The recycling plant currently has enough operational capacity to process 12,000 tonnes of battery packs every year, which equates to about 25,000 EV batteries. And that’s just the tip of the iceberg. The company is now looking to expand its recycling capacity with a target of recycling 70,000 tonnes of battery packs by 2030, or the equivalent of about 500,000 EV batteries. Most folks tend to look at recycling measures as the domain of environmentalists and moral do-gooders. But this is all about creating an economically sustainable electric vehicle battery manufacturing industry that will be necessary to take us out of the dark ages of internal combustion and into the future of vehicle electrification. I for one have already been profiting from this transition, and new opportunities in this space are popping up every day. In fact, my good friend and colleague [Keith Kohl recently published a report on EV battery recycling]( that includes the name and ticker symbol of the only operational EV battery recycling plant in North America. It just landed an additional $250 million in direct investments from two of the biggest players in the EV game, and quite frankly, it has zero competition in the North American market. [You can check out Keith’s complete analysis here.]( To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]Check us out on YouTube!]( [[follow basic]@JeffSiegel on Twitter]( Elon Musk Eyes Small Company, Goes All-in on "Optimus" Mark Cuban says it will create "the world’s first trillionaires." Bill Gates views it as a "breakthrough" that is worth "10 Microsofts." And now, Elon Musk believes that this next project will eventually overtake Tesla’s entire electric vehicle business. That’s why Musk is dedicated to doing for robots what he did for the battery and electric vehicle sectors. The Tesla robot project, dubbed "Optimus," is just the beginning of Musk’s and Tesla’s latest and greatest adventure. But here’s why I wanted to tell you about this... While Tesla is already trading for hundreds of dollars per share, there is another play that has much larger profit potential. You see, in order for Optimus to become a reality, Musk is dependent on one key piece of technology that is owned by another much smaller company. [Right now, that company trades for around $10 per share,]( but as Musk begins to advance the Optimus project, shares could steadily increase by as much as 3,000%. I’ve put together the details on how Project Optimus is going to propel this small company to Tesla-size gains. [Check out the details and get the $10 stock behind "Optimus."]( [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:18773034529).