Your Daily Energy News

View this email in your browser ([link removed])
DAILY ENERGY NEWS | 09/12/2023
Subscribe Now ([link removed])


** If banning the internal combustion engine is such a good idea, then why the end run around Congress or the California legislature? Let's vote!
------------------------------------------------------------
Washington Examiner ([link removed]) (9/12/23) reports: "Three years ago, California announced it would ban the sale of new vehicles that run on gasoline, diesel, and biofuels by 2035, effectively mandating a 100% transition to electric vehicles. The plan is extreme, particularly given the glaring absence of sufficient EV charging infrastructure, EV supply chain uncertainties, and the state’s perpetually challenged electricity grid. But rather than learning from California’s example, the Environmental Protection Agency under President Joe Biden has decided to bring California’s policies mainstream with a national proposal to eliminate most new liquid-fuel-powered cars and trucks in an even tighter time frame. Everyone should be concerned that California’s extremism is going national and that the Biden administration is abusing the authority it’s been given
to make this happen. For starters, banning traditional vehicles and, by extension, the American-made, American-grown fuels they run on, is unlawful. Setting transformative, economywide energy and transportation laws is Congress’s job, not the president’s, which the Supreme Court continues to reaffirm. This sweeping policy change also defies economic sense."
[link removed]


** "Industrial energy policy is not the only reason for the migration from California to Texas. California’s high taxes and high cost of housing are also factors. But the contrast between attitudes about transportation, looked at as a right and a key to the American dream, is stunning and a lesson to other states."
------------------------------------------------------------


– Diana Furchtgott-Roth, Heritage Foundation ([link removed])

============================================================

If we set up an 'overseas talent work station' at AEA, will we get some subsidies from Joe "大个子 (the big guy)" Biden? I'm guessing not.

** Daily Caller ([link removed])
(9/12/23) reports: "A provincial Chinese Communist Party (CCP) secretary set up a talent recruitment “work station” at the Silicon Valley headquarters of a Chinese-owned company that is planning to build two taxpayer-backed battery plants in Michigan, according to Chinese language reports reviewed by the Daily Caller News Foundation. In 2017, a CCP delegation from Hefei, Anhui province visited the Fremont, Calif., headquarters of Gotion Inc., according to Chinese-language news website Sohu.com. During the visit, the Anhui party secretary leading the delegation 'presided over the establishment of an Overseas Talent Work Station' in Gotion’s U.S. headquarters, another report published on the website of the firm’s Chinese parent company states. Hefei city government officials sought to use 'Overseas Talent Work Stations' to attract experts from the U.S. and Europe to work in Anhui Province, according to a Hefei CCP Committee policy paper released the same month as the delegation’s
visit...Gotion Inc. plans on building two electric vehicle battery plants in Big Rapids, Michigan. The project has support from Michigan Democrats, and it’s in line to benefit from $715 million in state subsidies. Many Republicans have come out against the project over Gotion Inc.’s ties to the CCP through its Hefei, China-based parent company Gotion High-Tech."

This is the guy that gets to decide what your family will be driving?

** ([link removed])

Freedom molecules are saving Europe. Once again it's America to the rescue.

** EIA ([link removed])
(9/12/23) reports: "The United States exported more liquefied natural gas (LNG) than any other country in the first half of 2023 (1H23), according to data from CEDIGAZ. U.S. LNG exports averaged 11.6 billion cubic feet per day (Bcf/d) during this period, 4% (0.5 Bcf/d) more than in 1H22, according to data from the U.S. Department of Energy’s LNG Reports. Australia exported the world’s second-largest volume of LNG in 1H23, averaging 10.6 Bcf/d, followed by Qatar at 10.4 Bcf/d. The increase in U.S. LNG exports mainly resulted from Freeport LNG’s return to service as global LNG demand remained strong with continuing growth, particularly in Europe. Like in 2022, EU countries (Europe) and the UK remained the main destination for U.S. LNG exports in 1H23, accounting for 67% (7.7 Bcf/d) of total U.S. exports. Five countries—the Netherlands, the UK, France, Spain, and Germany—imported more than one-half (6.0 Bcf/d) of total U.S. LNG exports."

Energy Markets


WTI Crude Oil: ↑ $89.07
Natural Gas: ↑ $2.71
Gasoline: ↑ $3.83
Diesel: ↑ $4.48

Heating Oil: ↑ $332.97
Brent Crude Oil: ↑ $92.16
** US Rig Count ([link removed])
: ↓ 680



** Donate ([link removed])
** Subscribe to The Unregulated Podcast ([link removed])
** Subscribe to The Unregulated Podcast ([link removed])
** Subscribe to The Plugged In Podcast ([link removed])
** Subscribe to The Plugged In Podcast ([link removed])
** Connect with us on Facebook ([link removed])
** Connect with us on Facebook ([link removed])
** Follow us on Twitter ([link removed])
** Follow us on Twitter ([link removed])
** Forward to a Friend ([link removed])
** Forward to a Friend ([link removed])
Our mailing address is:
** 1155 15th Street NW ([link removed])

** Suite 525 ([link removed])

** Washington, DC xxxxxx ([link removed])
Want to change how you receive these emails?
** update your preferences ([link removed])

** unsubscribe from this list ([link removed])