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DAILY ENERGY NEWS | 08/11/2023
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** New "green" movement same as the old "green" movement. Just more honest. The latest episode of The Unregulated Podcast is now streaming on our website ([link removed]) , or wherever you listen.
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** "While President Joe Biden enjoys his beautiful gas-guzzling 1967 Corvette Stingray, he wants to dictate what kind of car you get to own."
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– Alexander Gage, Heritage Foundation ([link removed])

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Remember when flying used to be something only the rich could do? Now that anyone can afford to fly, green campaigners are trying to make it expensive and exclusive again...

** Bloomberg ([link removed])
(8/10/23) reports: "Fresh from surviving the Covid-19 pandemic, the aviation industry is about to hand passengers the multi-trillion dollar bill to fight its next existential threat: decarbonization. Cleaning up flying is a mission of improbable scale: Neutralize the carbon emissions of about 25,000 planes in the world’s commercial fleet that typically ferry some 4 billion people a year and burn close to 100 billion gallons of jet kerosene. That’s more dirty liquid to launder than all the beer drunk in the world in a year. Some $5 trillion of capital investment may be needed to deliver on aviation’s goal of reaching carbon neutrality by 2050, almost all of it plowed into sustainable fuel production and renewable power generation, according to McKinsey & Co. It's a mountain of money so large it could wipe out global airline revenue for the best part of a decade. With the clock ticking, industry leaders are starting to voice an uncomfortable truth. It’s clear, they say, that the costs of
weaning air travel off fossil fuels will land on passengers."

Few understand.

** ([link removed])

An awfully important resource for Team Biden's "Net-Zero" dreams seems to be going through many needless regulatory delays. It's almost like the "Big Guy" wants to pay other countries for it.

** Moab Sun News ([link removed])
** ([link removed])
(8/10/23) reports: "Late last month, the Bureau of Land Management opened a 30-day public comment period for a lithium exploration project that had been postponed in April, pending further environmental analysis. The 30-day comment period opened on July 26 (and will end on August 26)...The project was originally approved in September 2022, when the BLM finished an environmental assessment of A1 Lithium’s “Plan of Exploration.” But in December, the Southern Utah Wilderness Alliance appealed the decision, arguing the BLM hadn’t considered 'a reasonable range of alternatives,' and 'failed to consider, analyze, and disclose the impacts of water quantity in this arid redrock landscape—impacts made worse by a decades-long drought and ongoing climate crisis.' The project was suspended in April 2023 pending further review...Lithium is a valuable mineral used in batteries, and specifically in electric vehicle batteries, due to its light weight and ability to store energy. According to the**
Institute for Energy Research ([link removed])
(IER), extracting lithium can be 'incredibly difficult,” because the mineral is often deposited in other metals and minerals deep below the surface of the earth. The value of lithium has skyrocketed since 2021; most lithium used in batteries is sourced from Australia, Chile, and China. Dave Pals, the Moab Field Manager for the BLM, said that he’s seen an uptick in requests for lithium exploration. According to IER, the U.S. has over 3% of the world’s lithium reserves, but only one producing lithium mine: the Silver Peak mine in Nevada."

If you oppose a carbon tax, or a carbon border tax, or whatever they call it these days, take a stand and ** contact us. (mailto:[email protected])

** ([link removed])

Tom Pyle, American Energy Alliance
Myron Ebell, Competitive Enterprise Institute
Phil Kerpen, American Commitment
Andrew Quinlan, Center for Freedom and Prosperity
Grover Norquist, Americans for Tax Reform
George Landrith, Frontiers of Freedom
Thomas Schatz, Citizens Against Government Waste
Richard Manning, Americans for Limited Government
Adam Brandon, FreedomWorks
Craig Richardson, E&E Legal
Benjamin Zycher, American Enterprise Institute
Jason Hayes, Mackinac Center
David Williams, Taxpayers Protection Alliance
Paul Gessing, Rio Grande Foundation
Seton Motley, Less Government
Annette Meeks, Freedom Foundation of Minnesota
Isaac Orr, Center of the American Experiment
David T. Stevenson, Caesar Rodney Institute
John Droz, Alliance for Wise Energy Decisions
Jim Karahalios, Axe the Carbon Tax
Mark Mathis, Clear Energy Alliance
Jack Ekstrom, PolicyWorks America
Jon Sanders, John Locke Foundation

Energy Markets


WTI Crude Oil: ↑ $82.86
Natural Gas: ↓ $2.71
Gasoline: ↑ $3.84

Diesel: ↑ $4.26
Heating Oil: ↓ $314.74
Brent Crude Oil: ↑ $86.57
** US Rig Count ([link removed])
: ↓ 677



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