Pipeline Attack Exposes America’s Vulnerable Energy Infrastructure

May 10, 2021 By E.J. Smith - Your Survival Guy

By Photobank gallery @ Shutterstock.com

We know from experience in Newport, RI how exposed we are to pipeline vulnerabilities after losing heat on the coldest day of the year. Now we have the Colonial Pipeline attack which supplies roughly 45% of the gasoline and other fuels consumed on the East Coast. Can you guess what the local solution for the future is? Moving away from natural gas by putting home heat on renewables and the electric grid. What could possibly go wrong?

I don’t doubt Commerce Secretary and former RI Gov. Gina Raimondo’s sincerity and concern, but how about taking another look at that Biden infrastructure bill?

GoLocalProv.com writes about Raimondo:

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More talk less action? Secretary of Commerce Gina Raimondo appeared on Face the Nation on Sunday and warned that this type of cyberattacks may become more frequent.

“This is what businesses now have to worry about, and I will be working very closely with Ali Mayorkas [Secretary of Homeland Security] on this. It’s a top priority for the administration. Unfortunately, these sorts of attacks are becoming more frequent. They’re here to stay and we have to work in partnership with businesses to…secure networks, to defend ourselves against these attacks,” said Raimondo.

“As it relates to Colonial, the president was briefed yesterday. It’s an all-hands-on-deck effort right now. And we are working closely with the company, state and local officials to, you know, make sure that they get back up to normal operations as quickly as possible and there aren’t disruptions in supply,” added Raimondo.

Action Line: Secure your energy independence, or move to a state that won’t expose you to the follies of renewables.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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