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DAILY ENERGY NEWS | 09/26/2023
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** This isn’t about replacing gas-powered cars with EVs. It’s about getting you out of your car.
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Washington Times ([link removed]) (9/25/23) editorial: "A complete transition to electric vehicles is not going to happen. That admission came last week from the Biden administration official in charge of handing out subsidies to the alternative energy industrial complex that benefits from the White House’s EV mandate. Jigar Shah, chief of the Energy Department’s Loan Programs Office, was responding to someone on X who naively believed the EV push is actually about changing the automotive fleet from one powered by gasoline to one powered by electricity. The true goal is reshaping society.'...Mr. Shah knows there are not enough mines on the planet to produce the trillions of pounds of minerals that would be necessary to have enough electric vehicles for everyone who wants a car, particularly considering hundreds of millions of people on this planet are going to join the middle class in the next decade or so. They are
going to want automobiles as well. The good news is that some people are fighting back. Our friends at the American Energy Alliance are constructing the Save Our Cars Coalition, which is guided by a clear understanding of what the administration is up to. Personal ownership of the automobile liberated millions of Americans to live, work and travel where and when they pleased. That’s a freedom worth defending."
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** "Manufacturers – and the energy producers who power us – are core to Pennsylvania’s economy, workforce, and technological competitive advantage. Other states have seen right through CCI’s litigation pitch, too – as one local Maine official said when CCI came knocking on her town’s door, filing a climate lawsuit would be 'like we're suing ourselves.'"
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– David N. Taylor, Pennsylvania Manufacturers’ Association ([link removed])
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How can EVs be right for every family if they aren't even right for the DOE's propaganda road trip?
** Daily Caller ([link removed])
(9/26/23) reports: "The House Oversight and Accountability Committee is seeking answers and information from Energy Secretary Jennifer Granholm about her electric vehicle (EV) road trip earlier this summer, according to a copy of the letter obtained by the Daily Caller News Foundation. The Tuesday letter, signed by Committee Chairman James Comer of Kentucky, requested that Granholm and the Department of Energy (DOE) provide a summary of all the vehicles involved in the trip, itineraries, internal and external communications and any potential information about the cost of the trip to taxpayers, according to the letter’s text. Granholm went on the four-day EV road trip through the Southeast this summer to promote EVs and their role in President Joe Biden’s wider push to simultaneously reinvigorate American manufacturing and fight climate change, but her trip ran into several different problems that NPR detailed earlier in September...The Biden administration is aiming to have EVs make up 50%
of all new vehicle sales in 2030, according to the White House, and it has both regulated and spent considerable sums of money to facilitate that goal. The Environmental Protection Agency (EPA) proposed new tailpipe emissions standards in April that would effectively require manufacturers to have their new light duty vehicle fleets be about 67% EVs by model year 2032, and the National Highway Traffic Safety Administration (NHTSA) proposed updates to its fuel economy standards that amount to an 'EV mandate,' Dan Kish, senior fellow for the Institute for Energy Research, told the Daily Caller News Foundation at the time. The DOE announced in August that it will make billions of taxpayer dollars available for American automobile manufacturers to retrofit their plants for EV production."
No Fatih, net zero is about the elite feeling good while dramatically driving up energy and inflation on the working class.
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Who could have guessed teaming up with the Chinese Communist Party was a bad idea?
** Reuters ([link removed])
(6/25/23) reports: "Ford Motor (F.N) said on Monday it has paused work on a $3.5 billion electric vehicle battery plant in Michigan, citing concerns about its ability to competitively operate the plant at a time when it remains locked in broader contract negotiations. United Auto Workers (UAW) President Shawn Fain blasted Ford, saying the announcement was 'a shameful, barely-veiled threat by Ford to cut jobs.... We are simply asking for a just transition to electric vehicles and Ford is instead doubling down on their race to the bottom.'...Ford said on Monday, declining to say what specific reason triggered the decision but adding there were a number of considerations. 'We haven't made any final decision about the planned investment there.' President Joe Biden on Tuesday is set to visit Michigan to join a UAW picket line in support of striking workers at the Detroit Three automakers. Ford in February announced plans to build the plant in Michigan, betting that making the batteries in the
United States would help it and Chinese partner CATL attract U.S. customers to embrace a lower-cost technology pioneered in China...Republicans in Congress have been probing Ford's battery plant plan over concerns it could facilitate the flow of U.S. tax subsidies to China and leave Ford dependent on Chinese technology. Representative Mike Gallagher, the Republican chair of a House select committee on China, said lawmakers were 'encouraged to see Ford take a crucial first step to reevaluate its deal' with CATL. 'Now, Ford needs to call off this deal for good,' he added."
Energy Markets
WTI Crude Oil: ↑ $90.25
Natural Gas: ↑ $2.64
Gasoline: ↓ $3.38
Diesel: ↓ $4.71
Heating Oil: ↓ $320.96
Brent Crude Oil: ↑ $93.68
** US Rig Count ([link removed])
: ↑ 672
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