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DAILY ENERGY NEWS | 06/20/2023
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** It's not a coincidence, Governor Kemp, that these companies are setting up shop in red states. Be wary of embracing the EV mandate agenda...
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The Blaze ([link removed]) (6/19/23) column: "Every Republican in Washington voted against the Green New Deal subsidies and regulations on behalf of ineffective and unsafe energy. However, the GOP governors are groveling to bring the projects to their states rather than sabotaging the agenda – all for short-term subsidies. As Joe Biden rightfully chided these governors in his 2023 SOTU address: 'To my Republican friends who voted against it but still ask to fund projects in their districts, don’t worry. I promised to be the president for all Americans. We’ll fund your projects. And I’ll see you at the ground-breaking.' And indeed, that is what is occurring throughout red America. Earlier this month, Brian Kemp’s administration celebrated the EV manufacturing plans for South Korean-based Woory Industrial Company setting up shop in Dublin, Georgia...As the Institute for Energy Research observes
([link removed]) , in the irony of all ironies, 'The United States is 4 times more dependent upon China’s minerals and their processing than it was on the Middle East at the peak of its oil dependency.' So, no politician acting in good faith could possibly believe that EVs are the solution to energy independence. They are the path to energy destitution and individual dependence on the government for all needs because EVs will become the only vehicles, too scarce and unaffordable for all but the elites."
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** "Carbon imperialism, the corollary of the climate alarmist Net Zero movements that have reigned in Western capitals over the past three decades, has long been challenged by developing countries. But now, citizens of the Western metropoles are increasingly aligning with their counterparts in the East, united against Green ideology and its pernicious effects on human flourishing."
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– Tilak Doshi, Forbes ([link removed])

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The military actually took this idea seriously? We are doomed.

** Bloomberg ([link removed])
(6/20/23) reports: "The military’s grand vision of an all-electric fleet of tanks is being stymied by a battery sector that’s not even close to delivering the power the Army needs, according to two Pentagon officials. The technological challenges mean not a single all-electric fighting vehicle is currently deployed in the field, with the Defense Department hoping intense interest in scaling up batteries for consumer and utility sectors will lead to breakthroughs for the battlefield. To charge a 50-ton tracked combat vehicle inside the Army’s preferred envelope of 15 minutes, soldiers would need a 17-megawatt charging station—more than 20 times bigger than the largest mobile generator the Army currently has, said Dean McGrew, branch chief for powertrain electrification at the US Army DEVCOM Ground Vehicle Systems Center. 'Ideally, we would be able to go to a full electric vehicle, but currently the technology does not exist to generate, store, and distribute power in a tactically relevant
amount of time for the frontline troops,' said Lt. Gen. Ross Coffman, who heads up the Army Futures Command’s next generation combat vehicle team. Electrification may be possible for support vehicles in the rear, but 'as far as large, heavy vehicles that can take a punch and throw a punch, the amount of batteries required to do that over great distances—and the ability to charge quickly—is a challenge for us,' Coffman said."

Greta said that humanity will get wiped out in the next 24 hours. It’s been nice knowing you.

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Whoever comes out on top, a plan is in the works. And the best and brightest are putting it together.

** E&E News ([link removed])
(6/19/23) reports: "When it comes to energy policy, there’s very little difference among the dozen or so Republicans looking to unseat President Joe Biden. Yet the candidates still need plans, platforms and talking points. So as the 2024 race ramps up, an army of political nonprofits, think tanks and Trump alumni are working to fill in the blanks and draft a battle plan for the next Republican administration...Here is a look at some of the institutions and people expected to shape the energy and climate policies of the Republican presidential field. They have been shared with E&E News by energy experts, former Trump administration officials and think tanks...Tom Pyle led Trump’s Energy Department transition team. He is now president of the American Energy Alliance, which boosts fossil fuels and attacks renewable energy. Pyle acknowledged that AFPI’s policy ideas had the most influence in the Trump campaign, but said his group and many others had similar plans that likely would be adopted by
the next Republican president. Pyle said his group is putting together a strategy that would address the “regulatory whiplash” that happens between Republican and Democratic presidents. His group expects to release the plan — called the American Energy Act — in the fall, with the goal of getting all Republican candidates to sign on. It will prioritize codifying into law some of the Trump policies that boost fossil fuels and strip away regulatory protections such as those provided under the Clean Air Act. It also will outline an energy strategy for candidates if Democrats retain partial control of Congress by leaning on the Supreme Court’s conservative majority. 'It’s going to be another round of regulatory whiplash where we’re going to have to take everything that’s being done right now and undo it,' he said. 'Having four years of a Republican president will allow some of the rules and regulations to be shut down if the courts continue to trend in the direction they’re headed with respect
to this idea of having Congress decide major questions.'”

Energy Markets


WTI Crude Oil: ↓ $71.01
Natural Gas: ↓ $2.62
Gasoline: ↓ $3.57

Diesel: ↑ $3.88
Heating Oil: ↓ $248.01
Brent Crude Oil: ↓ $75.89
** US Rig Count ([link removed])
: ↑ 737



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