Lambda's Stephen Balaban on why cheap energy is the foundation of everything: "The United States government needs to support the construction of a lot more power. What I mean by the hurdle rate of an economy being tied to the price of energy is that if energy is too expensive, you can't do fundamental things like smelting steel, smelting aluminum, or making concrete. Making concrete is an exceptionally energy-intensive process." "All of these input factors toward building an industrial…