Adam Butcher joins Brian Nichols to reveal what's actually driving your electricity bill higher and why blaming data centers and AI misses the real story about America's energy supply.

Everybody's pointing at the data centers. Adam isn't.

He's the President and Managing Partner of Basin Ventures. He's managed over $1.25 billion in oil and gas projects for more than 50 players in the industry and deployed over $500 million into minerals and royalties. He's a land guy - leases, title, ownership - which means he sees the part of this story nobody on cable news covers.

And he came on with a number that stopped me cold. The Strategic Petroleum Reserve is at its lowest level since 1983. Roughly 35 days of cover. Draining every single week. Adam's take? Cheap oil is a mirage... and we've been hiding that with artificial levers instead of taking our medicine.

So I brought him the stat sheet. Retail electricity up 7% in 2025. Up roughly 40% since 2021. Utilities requested $31 billion in rate hikes in 2025 versus $15 billion the year before. Another $9.4 billion in Q1 of 2026 alone. Virginia has 663 data centers, Texas has 405, together over a quarter of every data center in the country.

And Adam looked at all of it and called data centers the new boogeyman.

We get into Venezuela and why 2028 is the real timeline. We get into why he says he's always made more money under Democrats than Republicans. We get into the LNG export shutdown, ERCOT's grid math, Zuckerberg's city-sized facility outside Shreveport, and why he moved his fund to 50/50 oil and gas betting on a 2027 boom.

Meet people where they're at. Most folks don't care about megawatts... they care about the number at the bottom of the envelope. So that's where we started.

CHAPTERS
00:00 Somebody's Paying For The Wires
02:26 Billy Bob Made Us Famous
03:35 The $60 Call He Made In June
04:05 Cheap Oil Is A Mirage
08:03 Venezuela Won't Save Us Until 2028
11:48 I Make More Money Under Democrats
13:23 The LNG Shutdown Nobody Talks About
15:24 The Snake Problem
18:27 What Oil Should Actually Cost
22:11 We Have To Take Our Medicine
22:46 Your Bill Went Up 40 Percent
25:05 Data Centers Are The New Boogeyman
29:15 Texas Needs 5X Its Power
31:06 Final Thoughts

CONNECT WITH ADAM BUTCHER
Basin Ventures: https://www.basinventures.com
Adam's bio: https://www.basinventures.com/team/adam-butcher
LinkedIn: https://www.linkedin.com/in/adamwbutcher

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CONNECT WITH BRIAN
https://www.briannicholsshow.com
brian@briannicholsshow.com
X, Facebook, Instagram: @BNicholsLiberty

Recorded at Cardio Miracle Studios in eastern Indiana. New episodes Thursdays.

Educated. Enlightened. Informed.