Energy Policy and Environmental Analysis by Andrew Follett
Andrew Follett: U.S. interest payments on national debt reached $1,050 billion this year
U.S. interest payments on the national debt totaled $1,050 billion this year, according to a statement from Andrew Follett. He suggested the true amount could be as high as $1,360 billion. ...
Middle East oil flows average above 23.3 million barrels per day, Kpler ship tracking data reports
Middle East oil flows have averaged more than 24 million barrels per day, exceeding the prewar average of 23.3 million barrels per day, according to Kpler ship tracking data as reported by The ...
Andrew Follett: Europe imported $8.8 billion of Russian energy in first nine months of 2026
Europe imported $8.8 billion worth of Russian energy in the first nine months of 2026, almost 10 percent more than in the previous year. Andrew Follett adds that the U.S. may buy about $400 ...
Marshall Islands outspend GDP per capita on lobbying, Andrew Follett notes
Andrew Follett highlights that the Marshall Islands spend $10,500 per Marshallese resident on lobbying efforts in Washington, which exceeds the nation’s $8,500 GDP per capita. He notes this ...
Andrew Follett: Market trusts Fed actions over words for now
Andrew Follett emphasizes the importance of practical actions and voting rather than relying on statements. He observes that, at present, market participants have placed their trust in the U.S. ...
Payroll tax shortfall more than $210 billion compared to Social Security expenses, Andrew Follett argues
Andrew Follett questions the effectiveness of the 12.4% payroll tax in addressing Social Security obligations. He claims the tax does not come close to covering the full cost of benefits, leaving ...
Andrew Follett: U.S. federal budget relies on unlimited cheap money
Andrew Follett argues that the U.S. federal budget is reliant on an endless supply of cheap money to cover spending. He claims the responsibility for paying for the current level of expenditure ...
Iran faces inflation crisis as oil exports stall, Andrew Follett warns
Andrew Follett highlights the critical situation facing Iran's oil-dependent economy. According to Follett, Iran cannot sustain an oil export economy if it is unable to export oil for an ...
Andrew Follett: Geology focuses on economic value over pure science
Andrew Follett highlights that geology is a science grounded in economic interests rather than pure scientific pursuit. He explains that geologists often seek out valuable rocks primarily to ...
Inflation reached 180% in Russia and possibly exceeds 300 percent in Iran, Andrew Follett notes
Andrew Follett draws parallels between historical and contemporary periods of inflation in Russia and Iran. Follett notes that before the October Revolution in 1917, Russia experienced an ...
Andrew Follett: Cost of tailored suit jumps from $100 in 1971 to $800 in 2025
Andrew Follett draws attention to the dramatic increase in the inflation-adjusted cost of a tailored suit. According to Follett, in 1971 a tailored suit cost $100, while in 2025 it requires around ...
Dollar amount in economy nearly doubled since 2016, Andrew Follett notes
Andrew Follett states that there are almost twice as many dollars in the economy today as there were in 2016. He links this surge in dollar supply to the increase in ...
Andrew Follett: Most millionaires are self-made and did not inherit significant wealth
Andrew Follett states that most millionaires in the U.S. did not come from wealthy backgrounds. He highlights that 86% of millionaires were not wealthy growing up and 89% are first generation, ...
Iran sought $200 oil but prices stayed below $80, Andrew Follett argues
Andrew Follett asserts that Iran's war strategy intended to drive oil prices up to $200 a barrel. However, he notes that prices are currently below $80 and rarely exceeded $100. According to ...
Andrew Follett: U.S. deficit equals 12 times cost to replace aircraft carrier fleet
Andrew Follett compares the U.S. federal deficit for this year, estimated at $1.8 trillion, to the cost of building 135 Gerald R Ford class nuclear powered aircraft carriers. Follett highlights ...
Request to transfer $500 to X Money made, Andrew Follett notes
Andrew Follett requests a $500 transfer to his X Money account and points out that the emotional reaction to this request is almost as valuable to him. The tweet humorously references both a ...
Andrew Follett: Iran’s long-standing economic sacrifices failed to prevent outside threats
Andrew Follett comments on Iran’s persistent economic troubles, highlighting how the regime justified these conditions as necessary to prevent potential attacks from Israel and the U.S. He ...
Oil prices rise on Iran's renewed disruptions, Andrew Follett notes
Andrew Follett observes that Iran has resumed its efforts to disrupt oil markets by threatening the Strait of Hormuz and escalating conflict, leading to oil prices rising by only a modest ...
Andrew Follett: Mississippi benefits from $85 billion manufacturing and tech investments
Andrew Follett questions how Mississippi has become wealthy compared to historical norms of poverty. He attributes Mississippi's recent economic growth to a surge in manufacturing and technology ...
Harvard's endowment surpasses $50 billion, Andrew Follett points out
Andrew Follett questions financial literacy, highlighting that 5% of $1 trillion equals $50 billion. He notes that Harvard alone has an endowment greater than $50 ...
Andrew Follett: U.K. power costs outpace U.S. as key drag on economy
Andrew Follett points to high energy prices in the U.K., stating that British consumers pay more for electricity than any other country, more than three times the price paid by Americans. He ...
