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01 Unlock the ENERGY within Energy Enthusiast | Tech Innovator | Entrepreneur Visit My VIEWS — 01 VIEWS — 02 EARLY LIFE — 03 MISSION Two 02 Growing Up In... Mumbai, INDIA | Financial capital | 233 sq miles Visit My EARLY LIFE — 01 VIEWS — 02 EARLY LIFE — 03 MISSION 20+ Million People | 25+ Languages | 1 Electrifying City Three 03 What is the largest green Mission on the planet? Visit My MISSION — 01 VIEWS — 02 EARLY LIFE — 03 MISSION My Views Detail Is the world experiencing an abundance of primary energy (oil & gas) or a shortage? Since 2012, we have had an abundance of shale oil/gas. When we have an abundance of something, we take it for granted. Post pandemic, we entered an era of energy shortage driven by these 3 primary factors:

1. The ESG Movement which has "artificially" created a shortage of oil & gas by dis-incentivizing investments in new oil & gas projects, even when we do not have other scalable technologies to ramp up immediately. Nuclear energy is also opposed by many ESG proponents making matters worse.

2. A wave of bankruptcies in the energy sector in 2019-20 caused energy companies to become more fiscally responsible and only drill when profitable. This further constrained oil/gas supply.

3. The pandemic and ensuing drop in energy prices (e.g. when oil futures prices turned negative) caused the energy companies to further cut back production. Where do we go from here?

Energy is necessary for life, making it an in-elastic commodity. How do you put a clearing price on "Life"? The only way to bring commodity prices down and make them affordable is to FLOOD the market with that commodity. The ESG movement and many of our political leaders are doing the opposite by vilifying oil/gas companies. This is causing the opposite effect i.e. "constraining versus flooding" the market and thereby raising prices (inflation) for every energy consumer. An astute energy trader is who we need as a policy maker because he/she truly understands what drives energy prices up/down. However, the best energy traders are paid too handsomely to ever want to work in politics!

I sometimes hear energy traders being vilified as cowboys and speculators who care about nothing but profits. To those people, I would say, think of an energy trader as an insurance company. They are glorified "risk warehousers". They free you from the financial risk you do NOT want to take (e.g. car accident expenses, cancer treatment expenses, tornado damage expenses, etc.). Without these "insurance agents", many of us would go bankrupt. Energy speculators are essential for managing risk. For every risk-shedder, there must be a risk-taker. Risk is a zero sum game. It never vanishes into thin air. It can only be mitigated through risk transfer.

Energy is the ULTIMATE currency. This is because you can print currency, but you can't print oil/gas molecules. The U.S. has one of the largest natural gas proven reserves in the world. The U.S. has the molecules, and should use this leverage to flood the global market with low carbon U.S. LNG, thereby bringing down prices for everyone. As an added benefit, lower prices would punish autocratic regimes which are highly dependent on energy revenues.

If U.S. policy makers choose not to use this lever, we will have no option but to let high prices cure high prices! In that scenario, let's hope we do not have to live through an inflationary period of high prices for too long. 01 Where do we go from here?

Energy is necessary for life, making it an in-elastic commodity. How do you put a clearing price on "Life"? The only way to bring commodity prices down and make them affordable is to FLOOD the market with that commodity. The ESG movement and many of our political leaders are doing the opposite by vilifying oil/gas companies. This is "constraining” not “flooding" the market and thereby raising prices (inflation) for every energy consumer. An astute energy trader is who we need as a policy maker because he/she truly understands what drives energy prices up/down. However, the best energy traders are paid too handsomely to ever want to work in politics!

Think of an energy trader as an insurance company. They are glorified "risk warehousers". They free you from the financial risk you do NOT want to take (e.g. car accident expenses, cancer treatment expenses, tornado damage expenses, etc.) Without these "insurance agents", many of us would go bankrupt. Energy speculators are essential for managing risk. For every risk-shedder, there must be a risk-taker. Risk is a zero-sum game. It never vanishes into thin air. It can only be mitigated through risk transfer.

Energy is the ULTIMATE currency. This is because you can print currency, but you can't print oil/gas molecules. The U.S. has one of the largest natural gas proven reserves in the world. The U.S. has the molecules and should use this leverage to flood the global market with low carbon U.S. LNG, thereby bringing down prices for everyone. As an added benefit, lower prices would punish autocratic regimes which are highly dependent on energy revenues.

If U.S. policy makers choose not to use this lever, we will have no option but to let high prices cure high prices! In that scenario, let's hope we do not have to live through an inflationary period of high prices for too long. My Views Energy is the ultimate currency | The U.S. has it Back To "ABOUT ME" Is the world experiencing an abundance of primary energy (oil & gas) or a shortage? Since 2012, we have had an abundance of shale oil/gas. When we have an abundance of something, we take it for granted. Post pandemic, we entered an era of energy shortage driven by these 3 primary factors:

1. The ESG Movement which has "artificially" created a shortage of oil & gas by dis-incentivizing investments in new oil & gas projects, even when we do not have other scalable technologies to ramp up immediately. Nuclear energy is also opposed by many ESG proponents making matters worse.

2. A wave of bankruptcies in the energy sector in 2019-20 caused energy companies to become more fiscally responsible and only drill when profitable. This further constrained oil/gas supply.

3. The pandemic and ensuing drop in energy prices (e.g. when oil futures prices turned negative) caused the energy companies to further cut back production. Early Life Details I was born in Mumbai, India and lived there till 17. I have the fondest memories of growing up and still visit India at least once a year. Chronic electricity shortages were common. That always intrigued me and is probably the reason to this day I remain fascinated with energy markets. Both my grandfather and father were entrepreneurs. When I was 12, my grandfather shared his life experiences about how he fought to gain India's freedom from the British in 1947 and was even jailed as a freedom fighter. He later introduced TVs to India for which he received an award from Prime Minister Indira Gandhi for bringing TVs to the masses. He inculcated in me the desire to become an entrepreneur and take calculated risks. I came to the U.S. as an undergraduate student and majored in Economics. My senior year paper was a thesis on the deregulation of the energy industry. That paper piqued my interest in the U.S. energy markets which prompted me to graduate from my college in Ohio and head to Houston, Texas, the energy capital of the world! I was a naive analyst when I joined Enron. I loved the company and learned a lot about natural gas trading. While Enron failed, I still kept in touch with many alumni who later went on to become veterans in the industry. I was born in Mumbai, India and lived there till I was 17. I have the fondest memories of growing up there and still visit India at least once a year. Chronic electricity shortages were common. That always intrigued me and is probably the reason to this day I remain fascinated with energy markets. More on that later. Both my grandfather and father were entrepreneurs. When I was 12, my grandfather narrated his life experiences to me about how he fought to gain India's freedom from the British in 1947 and was even jailed as a freedom fighter. He later introduced TVs to India for which he received an award from India's Prime Minister Indira Gandhi for bringing TVs to the masses. He inculcated in me the desire to become an entrepreneur and take calculated risks. I came to the U.S. as an undergraduate student and majored in Economics. My senior year paper was a thesis on the deregulation of the energy industry. That paper piqued my interest in the U.S. energy markets which prompted me to graduate from my college in Ohio and head to Houston, Texas, the energy capital of the country. I was a naive analyst when I joined Enron. I loved the company and learned a lot about natural gas trading. While Enron failed, I still kept in touch with many Enron alumni who later went on to become veterans in the industry. I was born in Mumbai, India and lived there till 17. I have the fondest memories of growing up and still visit India at least once a year. Chronic electricity shortages were common. That always intrigued me and is probably the reason to this day I remain fascinated with energy markets. Both my grandfather and father were entrepreneurs. When I was 12, my grandfather shared his life experiences about how he fought to gain India's freedom from the British in 1947 and was even jailed as a freedom fighter. He later introduced TVs to India for which he received an award from Prime Minister Indira Gandhi for bringing TVs to the masses. He inculcated in me the desire to become an entrepreneur and take calculated risks. I came to the U.S. as an undergraduate student and majored in Economics. My senior year paper was a thesis on the deregulation of the energy industry. That paper piqued my interest in the U.S. energy markets which prompted me to graduate from my college in Ohio and head to Houston, Texas, the energy capital of the world! I was a naive analyst when I joined Enron. I loved the company and learned a lot about natural gas trading. While Enron failed, I still kept in touch with many alumni who later went on to become veterans in the industry. 02 02 My Early Life Mumbai, India | The Motherland Back To "ABOUT ME" My Mission Replacing international coal with American natural gas is currently the largest green MISSION on the planet and the world’s best weapon to address climate change. It is the LOW HANGING FRUIT. Climate change can only be solved by addressing international emissions. The United States must look beyond its borders and provide solutions. Natural gas is the only cheap, exportable, currently scalable solution to international coal.

Replacing International Coal = Electrifying 100% of U.S. Vehicles + Rooftop Solar on Every U.S. Home + Doubling US Wind Capacity. 03 Seeking Energy Challenges CEO | Serial Entrepreneur | Energy Trader | Tech Innovator | Public Speaker Back To "ABOUT ME" Replacing international coal with American natural gas is currently the largest green MISSION on the planet and the world’s best weapon to address climate change. It is the LOW HANGING FRUIT. Climate change can only be solved by addressing international emissions. The United States must look beyond its borders and provide solutions. Natural gas is the only cheap, exportable, currently scalable solution to international coal.

Replacing International Coal = Electrifying 100% of U.S. Vehicles + Rooftop Solar on Every U.S. Home + Doubling US Wind Capacity. Technology For Our
Energy Challenges [ Jay Bhatty ] — 01 VIEWS — 02 EARLY LIFE — 03 MY MISSION SOLUTION PROBLEM Media Appearances Entrepreneurship About Me BOOK AUTHOR
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