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DAILY ENERGY NEWS  | 09/05/2023
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At its core, the green agenda has always been more about making your life less convenient than it has been about the environment. Always remember that to them, YOU are the problem.


Pennsylvania Daily Star (9/4/23) reports: "Last week, a widely read study was published revealing that the 'plant-based' drinking straws pushed onto diners by eco-activists may actually be more harmful to both the environment and public health than their plastic counterparts. According to research published in the journal Food Additives & Contaminants, the 'plant-based straws' in question contain 'per- and polyfluoroalkyl substances (PFAS),' which the scientists say are 'not necessarily biodegradable and that the use of such straws potentially contributes to human and environmental exposure of PFAS.' The research is a significant blow to environmentalists who’ve spent years pushing for bans on plastic straws in favor of paper or plant-based ones as an eco-friendly alternative. The studies may be just the latest bit of evidence to suggest that other supposed 'clean' measures have their dirty downsides, often unseen by the public...President Biden’s U.S. Climate Envoy John Kerry told Newsweek that concerns about the dead whales and impact on other wildlife are part of a 'disinformation campaign.' Anecdotes aside, the clean energy activists have a definitional problem with no complete solution in sight: clean energy comes from fossil fuels to one extent or another. Stanford University has acknowledged that 'all renewable technologies' are tied to coal and natural gas due to 'emissions from manufacturing and installing them.' Dan Kish, a senior fellow at the Institute for Energy Research, told Just the News in July that fossil fuels are 'almost exclusively' to thank for green technology. University of California San Diego scientist Nguyen Minh also told Just the News he doesn’t foresee an end to fossil fuels being possible, at best, only a reduction in overall emissions."

"Climate lockdowns still sound like crazytown, but the urge to curtail individual freedom is visible in countless government, media and think-tank blueprints for a controlled future. Saner minds should prevail, but we need constant vigilance to stand guard against the climate-excuse assaults on our liberties." 

 

– Andy Kessler,
Wall Street Journal

Gavin's cronies say the highest gasoline prices in the country are not high enough!


LA Times (9/2/23) reports: "Southern California air regulators voted unanimously Friday to adopt more stringent rules to monitor and curb smog-forming pollution from fuel storage tanks at oil refineries and other facilities. The South Coast Air Quality Management District voted 9 to 0 to amend current rules and require more stringent vapor controls for storage tanks that hold crude oil, gasoline, diesel, jet fuel and other petroleum products. The region is home to a number of refineries, oil drilling sites and so-called tank farms where these round storage receptacles hold imported or extracted oil, in addition to the assortment of finished products...When temperatures rise, pressure builds up inside some storage tanks. Tanks with fixed roofs are outfitted with vents and vapor capture systems for these instances. This new rule would raise the amount of chemicals to be captured from 95% to 98%...Perhaps of greater consequence, the rule pertains to another type of tank that has a floating roof, which rises and falls like a piston as it’s filled with or emptied of petroleum products. This fluctuation leaves the tank’s walls coated with fuel residue, releasing chemical vapors...The amended rule will require floating-roof tanks to be fitted with a dome to capture these fumes. And all crude oil tanks will be required to be domed. The air district is also mandating weekly monitoring using thermal or infrared cameras for leak detection."

Normally I would say this is a supply and demand problem, but EVs have never really operated in a free market system. Pipeline readers, tell us what you think is going on here...

71% energy hike coming to a shoreline near you!


Utility Dive (8/31/23) reports: "The PSC is considering petitions to adjust contract terms for 91 renewable energy projects totaling 13.5 GW that would supply nearly 25% of New York’s load in 2030, according to NYSERDA, which is responsible for procuring clean energy to meet state requirements. New York aims to get at least 70% of its electricity from renewable energy resources by 2030 and have 9 GW of offshore wind by 2035. In comments on the petitions, NYSERDA said that all existing, contracted and awarded renewable generation accounts for 66% of the state’s 2030 forecast load. Generally, the petitions contend renewable energy developers faced unexpected inflation, supply chain constraints and a jump in interest rates since they entered into the clean energy contracts. Without price increases, the projects may not be viable...On average, offshore wind developers are seeking a 48% increase in their contract prices to $167.25/MWh and a petition from the Alliance for Clean Energy New York asked the PSC to increase onshore wind contract prices by 71% on average to $115.66/MWh and solar prices by 63% to $102.22/MWh, according to NYSERDA. Project cancelations would lead to delays in renewable energy procurement, potentially increasing costs for consumers."

Energy Markets

 
WTI Crude Oil: ↑ $87.36
Natural Gas: ↓ $2.60
Gasoline: ↑ $3.811
Diesel: ↑ $4.45
Heating Oil: ↑ $320.00
Brent Crude Oil: ↑↓ $90.57
US Rig Count: ↑ 694

 

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