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MORNING ENERGY NEWS  |  02/06/2020
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Industry and the community coming together to make a better tomorrow. The Greens must be seething.


Wyoming County Press (2/5/20) reports: "A commercial driver’s license training program set to begin soon at the Susquehanna County Career and Technology Center has piqued the interest of Congressman Fred Keller, R-12th. During a visit to Susquehanna County on Friday, Keller toured the CDL facilities and heard about the SCCTC’s partnerships that made the program possible...The CDL program has been in the making for about four years, which SCCTC Executive Director Alice Davis said was 'industry-driven.' Employers in need of commercial drivers had been asking the CTC to consider starting a training program. Knowing the demand for CDL jobs and their wages, the CTC got to work...'I think it’s a great opportunity moving forward and I really appreciate the business and industry helping us, because we wouldn’t have been able to fund this alone,' Davis said...Bill desRosiers, manager of external affairs for Cabot Oil & Gas, pointed out that besides Susquehanna and Wyoming Counties, the program could also benefit neighboring Bradford and Sullivan Counties, as well as southern New York. 'It’s a family-sustaining career and it can take you places,' he said. 'Young people should have the option to choose where they want to go.'"



"The strength of America’s energy future depends on bipartisan support for infrastructure expansion, trade agreements, economic growth, and environmental protection."

 

– Mike Sommers,
American Petroleum Institute

You can't make this up, folks. Using diesel to rail "biojet" fuel 2,000 miles to CA to claim the carbon benefits. Of course, that is 'if' it is ever even produced.


Biofuels International (1/31/20) reports: "US airline Delta has entered into one of the largest airline offtake agreements of its kind for the purchase of sustainable aviation fuel (SAF), if produced, from Northwest Advanced Bio-Fuels (NWABF). The offtake agreement builds on Delta’s $2 million (€1.8 million) investment for an ongoing feasibility study for the sustainable jet fuel with NWABF. The study, which was announced in October 2019 and is currently underway, is expected to determine the potential for a facility in the US state of Washington that could supply SAF for Delta’s operations in Seattle, Portland, San Francisco and Los Angeles by the middle of this year. Through this latest agreement to offtake SAF if produced from the facility, Delta is building upon a recent deal signed with renewable fuel producer Gevo for biofuel production in Minnesota, which is expected to be available between 2022 and 2023. 'This focused study and long-term agreement will support Delta’s goals to lower our carbon footprint aggressively,' said Alison Lathrop, Delta’s managing director for global environment, sustainability and compliance. 'Investing in developing multiple sources of sustainable aviation fuel is one of the many ways we are looking to address climate change. Working alongside Northwest Advanced Bio-Fuels to produce and utilise sustainable aviation fuel could serve as an industry-best-practice-model for future endeavours.'"

President Obama tried mightily and failed spectacularly to stop the shale revolution. President Trump has allowed it to flourish. Period. Full stop.


E&E News (2/5/20) reports: "Trump also barely mentioned energy in a speech that focused more on the economy, manufacturing and trade. When he did mention energy three times, the emphasis was on the administration's oil and gas record. "Thanks to our bold regulatory reduction campaign, the United States has become the No. 1 producer of oil and natural gas anywhere in the world, by far," he said to applause. He boasted that thanks to the "tremendous progress we have made over the past three years," the U.S. is now energy independent and energy jobs are at a record high...While U.S. oil and gas production is booming, it began under President Obama, who adopted an "all of the above" strategy, however. The U.S. Energy Information Administration says the U.S. has been the world's top natural gas producer since 2009, top petroleum hydrocarbon producer since 2013 and top crude oil producer since 2018...Coal plant closures, though, have accelerated under Trump, who pledged on the campaign trail and as president to revive coal, directing a rollback Obama's clean power regulations. Still, industry groups say Trump was successful in removing what they saw as regulatory impediments affecting coal...'The president can't control every aspect of the economy, and natural gas is cheap and abundant,' said Tom Pyle, president of the American Energy Alliance that backs the fossil fuel industry. 'You can't fault him for trying.' Pyle said Trump's energy record provides him with a clear distinction between his Democratic challengers, nearly all of whom support some version of the Green New Deal that Pyle's group says would lead to soaring energy costs and power outages."

🐍🐍🐍 on a plane.

Energy Markets

 
WTI Crude Oil: ↑ $51.12
Natural Gas: ↓ $1.84
Gasoline: ↓ $2.45
Diesel: ↓ $2.92
Heating Oil: ↑ $166.11
Brent Crude Oil: ↑ $55.37
US Rig Count: ↓ 817

 
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