The future of energy for small businesses is no longer theoretical—it already influences expenses, tax strategy, and competitive advantage. Tom Wheelwright sits down with Kenny Stein, Vice President of Policy at the Institute for Energy Research, to explain what business owners should expect and how to prepare.
Kenny breaks down how shifting policies around oil, renewables, and domestic production affect small companies differently than large corporations. He explains why energy prices drive inflation, wages, and supply chains—and why entrepreneurs who ignore energy trends often miscalculate their costs and growth plans.
You’ll learn:
- How energy policy impacts payroll, operations, and pricing
- What to expect from oil, solar, and U.S. production trends
- Which tax incentives and credits business owners should watch
- How to plan capital investments around energy uncertainty
- Why energy strategy is now part of business strategy
This matters now because energy volatility directly affects profitability. Rising costs, regulatory changes, and global production shifts can either compress margins or create opportunity. Business owners who understand these forces can plan ahead, protect cash flow, and position their companies for stability while competitors react too late.
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00:00 – Intro.
01:40 – Oil & Production – What are we going to do in the next few years?
04:50 – Solar & Our Grid – Will production move to the US?
10:20 – Should You Get Solar Panels? Where Are We With Electric Vehicles?
20:40 – Fossil Fuels – Where Do Small Business Owners Stand?
24:00 – The Future of Nuclear. 27:50 – Tips from an Expert.
Looking for more on Kenny Stein?
Website: http://www.instituteforenergyresearch.org
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DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
