I'm John Betts with my colleague Michael Bernstein.

We're looking at the moving crisis of the war in Iran,

shin bone, knee bone, neck bone, everything connected. We're going to Asia because good news, Michael,

I learn within hours that Taiwan has now decided to reopen its two nuclear power plants,

which are on cold shutdown.

It'll take them some time.

It won't be overnight.

They've got to restock the fuel rods.

But they're convinced now that the Fukushima was a one-off,

and nuclear energy is their best hope for the future.

Is that a good thing, Michael?

It is a good thing. There have been two recent energy crisis. One was in early 2022 when the Russian war in Ukraine started. Oil shot up

to $120, $121 per barrel. People forget it now, because now over $100 per barrel is considered

very high, but it used to be much higher in early 2022. And now this crisis. So people understand now

that relying on one or two regions, Russia, the Middle East, relying on one or two regions for oil and gas is a big mistake, especially when there are domestic sources and the sources of diversification from the world, especially the shale oil and gas from the United States, the Shell Revolution, and diversifying the energy sources and nuclear energy is the cheapest and most reliable domestic energy source.

So this, I hope, this two crises, 2022, and now the crisis of 26 will teach us to move towards more nuclear energy and more shale oil and shale gas production.

There is one other idea in Taiwan that I think they're going to act on,

which is liquefied natural gas from Alaska.

A field up there can be open.

And the United States has lots of LNG to sell.

Is that correct? The United States has lots of LNG to sell, is that correct?

The United States has a lot of natural gas to sell.

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