BLUF: On Thursday, in a hard-hitting series of War Room segments, Steve Bannon and energy expert Dave Walsh delivered a blunt warning: America’s energy collapse is killing our industrial base, and Biden’s policies are accelerating the decline. Walsh hammers home that energy independence is national security, and without it, America is losing its economic and geopolitical edge.

"Energy Policy Is Industrial Policy” — Dave Walsh Sounds the Alarm
Steve Bannon kicked off the segment with urgency: "This is not just an energy crisis. This is a sovereignty crisis.”
Dave Walsh didn’t hold back, slamming former President Joe Biden, who made the US “dependent, exposed, and vulnerable.”

Walsh cited the hard numbers:

LNG exports were booming in 2020.

U.S. refinery utilization was at 91%.

Electricity costs were stable.

After 4 years of Biden, Not so much. "We’ve shut down coal plants, stalled LNG terminals, and leftovers from Biden’s EPA is strangling the grid,” Walsh said. He called the green agenda "a fantasy that’s become a policy weapon.”

Industrial Collapse by Design
Walsh tied energy collapse to America’s industrial decline. "You cannot re-industrialize the country without stable, cheap energy. It’s impossible.”
Factories need baseload power. That means fossil fuels, not wind and solar. "You can’t run a steel mill on unicorn dust,” Walsh quipped.
He pointed to Europe as the cautionary tale. "Look at Germany. They chased renewables, shut down nuclear—and now they’re burning wood pellets.”

Bannon: "This Is a War for the Soul of the Country”
Bannon wasn’t subtle: "They are trying to de-industrialize the United States. Period.”
He blasted the Biden administration and globalist elites: "These were not policy mistakes. This is a strategic takedown.”
For Bannon, it’s about more than economics. "Energy independence is the backbone of national power. Without it, we’re done.”

"Energy Suicide” vs. Energy Dominance
Walsh called Biden’s energy agenda "suicidal.”
He contrasted it with Trump’s America First strategy:

Unleash domestic production.

End regulatory gridlock.

Build out refining capacity.

He warned that without a reversal, "We’re headed toward rolling blackouts, manufacturing flight, and higher inflation.”

Final Shot: "We Don’t Have Time to Be Polite”
Bannon closed the segment with fire:
"This is not the time for half-measures. The Biden regime is still gutting this country. We need to take it back—starting with energy.”
Walsh agreed: "Energy policy isn’t optional. It’s existential.”

For more reference, watch the first three segments of WarRoom from Thursday, featuring Dave Walsh: