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DAILY ENERGY NEWS | 05/01/2023
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** Separation of church and state doesn't appear to impede state funding of the cult of climate.
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Daily Wire ([link removed]) (4/30/23) reports: "President Joe Biden’s green energy boondoggle keeps getting bigger by the hundreds of billions of dollars, according to a new study. On Friday, Just The News reported that a new University of Pennsylvania Wharton School of Business model predicts that the cost of Biden’s oft-touted climate change bill — the Inflation Reduction Act — will now cost the U.S. taxpayers more than $1 trillion...Other Democratic allies are lining up to make sure they take advantage of the government spending over the next decade. Twice-failed gubernatorial candidate Stacey Abrams is now working with Rewiring America, a group that advocates the heavy regulation of gas stoves, arguing instead for electric appliances. The founders of Rewiring America — Alex Laskey, Saul Griffith, and Ari Matusiak — have made significant money off government funding in the green energy sphere while advocating for
policies that benefit their bottom dollar via the non-profit group. 'It’s a shocking amount of money that they’re hauling in with this scheme of theirs,' Tom Pyle, the president of the Institute for Energy Research, told Fox News. 'I call it Big Green Inc. It is literally a business for these guys and they cloak themselves in the mantra of trying to save the planet. But, really, this is just very sophisticated self-dealing.'"
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** "It’s obvious to any person with the faculty of critical thinking that intermittent renewable 'green' energy will never work to power a modern economy. "
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– Francis Menton, Manhattan Contrarian ([link removed])
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Obviously, these climate cultists haven't been keeping up with "we have to increase oil production" Ro Khanna.
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An early front-runner for headline of the year!
** New York Post ([link removed])
(2/1/23) reports: "Get ready to start simmering with rage. Gas stoves will soon become toast in New York, under a controversial new handshake deal between Democratic Gov. Kathy Hochul and Albany lawmakers that would make that state the first in the US to ban natural gas. The pending budget deal mandates all new buildings under seven stories be fully electric by 2026 with larger structures following three years later. While Hochul hailed the plan as a way to fight climate change, average New Yorkers said it was not so hot of an idea. 'Kathy should mind her own business and get out of our kitchens,' Yas Kantakis, a resident of Sutton Place, told The Post. 'Now she’s in our kitchens first, our bedrooms will be next. Why would somebody come into your private home and tell you what to do? We’re not communist yet – we’re getting there – but it’s just an insult.' Albany Democrats are expected to approve the electrification push as part of a $229 billion spending deal struck nearly a month past an
April 1 deadline. Critics say the upcoming state ban will drive rising energy costs while depriving many New Yorkers of their right to beloved gas stoves in future homes."
Another reason to Mine, Baby, Mine in the United States.
** Reuters ([link removed])
(4/29/23) reports: "The Mexican Senate approved in an express session on Saturday a package of laws including two constitutional reforms and a new mining law rebuked by the mining chamber and Canada. Representatives of the president's Morena party and its allies, nearly unanimously and with little debate, approved the laws in a fast-tracked process without opposition legislators present. Legislators convened outside the chamber's usual voting location after the opposition occupied the chamber to try to prevent the session. The two constitutional reforms approved by the Senate in the early hours of Saturday morning involve lowering the age to be a legislator and secretary of state to 18 from 21, and prohibiting perpetrators of gender violence from participating in elections. The mining law shortens concessions in the mining sector to 30 years from 50, tightens water extraction permits, and requires some mining profits to be returned to local communities, among other modifications. President
Andres Manuel Lopez Obrador promoted the initiative, but had originally proposed reducing concessions to 15 years."
Energy Markets
WTI Crude Oil: ↓ $75.50
Natural Gas:↓ $2.35
Gasoline: ↑ $3.61
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Heating Oil: ↓ $236.02
Brent Crude Oil: ↓ $79.19
** US Rig Count ([link removed])
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