Ed Elson

I know that gas prices have risen 30% over the past two months since we launched the war in Iran.

I mean, all of these things together make me think we're basically headed towards a full-blown energy crisis.

Am I getting this wrong?

What do you make of the energy picture in America right now?

Stay tuned for more of this panel after the break.

And by the way, we are heading out on tour at the end of May.

So for more info and to get tickets to a show near you, head to profgmarketstour.com.

We're back with Profiteer Markets.

I keep on hearing about how America is energy independent.

We do it all on our own.

And then it's like, well, why are prices rising as much as they are?

And why are electricity prices rising as well?

I mean, it's not just the gas bill, it's the electric bill too.

And it makes me think, okay, well,

I mean, maybe we're more independent than other nations, but it seems like we're not that independent.

We're not so independent such that we are actually insulated from things that happen abroad.

And we're certainly not independent enough that we're able to keep up with the demand of these data centers at the same time.

So I guess when you look at our energy picture, I mean, how independent are we really?

And what would it take to

to get to a place where prices at least moderate or start to come down or where data centers don't cause a full-blown cost of living crisis among Americans today.