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DAILY ENERGY NEWS | 08/22/2023
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** Nothing, and I mean nothing, gets by our man Chris Horner.
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Wall Street Journal ([link removed]) (8/17/23) op-ed: "In politics, inadvertently telling the truth is called a 'gaffe.' Last year Michael Regan, administrator of the Environmental Protection Agency, made a remark in passing that gave away the Biden administration’s plans for enforcing its climate agenda through a 'suite of rules' imposed under programs lacking any credible connection to climate. A few months later, a Supreme Court opinion transformed Mr. Regan’s indiscretion into justification for wholesale judicial repudiation of the Biden administration’s climate regulatory blitz. Mr. Regan’s comment came on March 10, 2022, when he addressed the press following his keynote address to CERAWeek, a climate conference in Houston. A reporter asked about vulnerabilities of the EPA’s approach to installing climate regulation through the Obama-Biden Clean Power
Plan, which was then awaiting judgment by the court. Mr. Regan replied that the agency had abandoned the idea of relying on any specific grant of regulatory authority. Instead it was in the process of tightening rules under numerous and varied regulatory programs all at once, pressuring disfavored operations to close and compelling investment consistent with the EPA’s desires. Mr. Regan went on to cite rules to tighten regulation of mercury, ozone, soot, hazardous air pollutants, water effluent and coal ash under acknowledged congressional grants of authority. But he also called the 'expedited retirement' of power plants 'the best tool for reducing greenhouse-gas emissions' and opined that the 'industry gets to take a look at this suite of rules all at once and say, ‘Is it worth doubling down on investments in this current facility or operation, or should we look at the cost and say no, it’s time to pivot and invest in a clean-energy future?’ " This already reflected something of a scofflaw
position. Congress never approved what Mr. Regan described."


** See what I mean.
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Real Clear Energy ([link removed]) (8/17/23) op-ed: "Finally, a federal judge has ordered energy regulators to declare what documents they have responsive to inquiries involving potential ethics violations with implications for American consumers, and when they plan to release them. Deadlines for the Federal Energy Regulatory Commission (FERC) to comply with Freedom of Information requirements in two cases involving its senior officials, including former chairman Richard Glick, have come and gone in recent weeks. One attorney involved in FOIA litigation against the commission says it is 'slow-walking' three FOIAs seeking information about Glick’s and his team’s collaboration with the Biden White House, and ethics issues of another Commissioner. These records should, by their description, provide insight into just how seriously outside pressure groups have
influenced FERC policy, how seriously FERC officials took their ethics obligations, and the internal scrambling over troubling revelations when they emerged. The Institute for Energy Research (IER), a Washington-based nonprofit that supports free market energy policies, has acquired emails, Zoom call schedules and chats, Microsoft Team chats, text messages, calendar records, and phone bills that demonstrate how FERC has been converted into a tool for climate activism under Biden’s watch. But the process has been slow going since attorneys representing FERC have only released a paucity of records with many heavily redacted and most still withheld during what IER calls in court filings a targeted 'slow-walking' of its requests."
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** "An objective look at the data does not reveal a link between CO[2] emissions and wildfires, certainly not the causal link needed in a court setting. That causal link may be shown eventually, but the IPCC reports do not provide the degree of attribution certainty required in a lawsuit."
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– Travis Fisher, Cato Institute ([link removed])

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The number one priority of Bidennomics is to keep the tax dollars flowing to Big Green, Inc.

** Cowboy State Daily ([link removed])
(8/21/23) reports: "The U.S. Energy Information Administration (EIA) has released its latest data evaluating the amount of subsidies that the federal government dishes out to energy producers for fiscal years 2016 through 2022. In fiscal year 2022, coal, natural gas, oil and nuclear received just under $3.6 billion. Renewables, which includes wind, solar and hydroelectric, received nearly $15.6 billion. Conversely in 2022, 79% of all energy was produced by fossil fuels, whereas renewables produced 21%. The Institute for Energy Research (IER), a free-market energy research nonprofit, ** noted ([link removed])
that subsidies for renewable energy more than doubled between fiscal years 2016 and 2022. These subsidies do not include any from the Inflation Reduction Act, which is estimated to be around $1.2 trillion, nor do they include any state and local subsidies, mandates or incentives. According to the IER, these can be quite substantial. Alex Stevens, manager of policy and communications for IER, told Cowboy State Daily that the Energy Information Administration used to publish this report annually, and then a few years ago it stopped. So, this is the first such report since that time. Stevens said that pouring so much taxpayer support into politically favored energy sectors leads to bad energy policy. 'Policymakers don’t have skin in the game. They don’t pay the cost of bad decision making,' he said."

This is what the climate religion does to your brain.

** ([link removed])

Wait a second, renewables are supposed to be less expensive. Have we been lied to?

** Politico ([link removed])
(8/22/23) reports: "A generational push to tackle climate change in New York is quickly becoming a pocketbook issue headed into 2024. Some upstate New York electric customers are already paying 10 percent of their utility bill to support the state’s effort to move off fossil fuels and into renewable energy. In the coming years, people across the state can expect to give up even bigger chunks of their income to the programs — $48 billion in projects is set to be funded by consumers over the next two decades. The scenario is creating a headache for New York Democrats grappling with the practical and political risk of the transition. It’s an early sign of the dangers Democrats across the country will face as they press forward with similar policies at the state and federal level. New Jersey, Maryland and California are also wrestling with the issue and, in some cases, are reconsidering their ambitious plans. 'This is bad politics. This is politics that are going to hurt all New Yorkers,' said
state Sen. Mario Mattera, a Long Island Republican who has repeatedly questioned the costs of the state’s climate law and who will pay for it."

Energy Markets


WTI Crude Oil: ↑ $80.77
Natural Gas: ↓ $2.62
Gasoline: ↓ $3.85

Diesel: ↑ $3.34
Heating Oil: ↑ $314.19
Brent Crude Oil: ↓ $84.43
** US Rig Count ([link removed])
: ↓ 680



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