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DAILY ENERGY NEWS | 11/22/2023
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** Does anyone actually take this guy seriously?
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Washington Times ([link removed]) (11/20/23) column: "One way to gauge the success of global warming activists is to count how many fossil-fuel-burning homes they collect. For some, the climate change industry has to be one of the most lucrative professions on Earth, which, by the way, is in danger of failing any year now unless we depopulate. Can you imagine the roundup? For others, it’s a way to take existing wealth and turn their dollars into political power. We’re in a hysteria lull right now between the tornado-summer heat-hurricane season and the winter rain and snow deluge, so let’s look at some of the biggies. Former Vice President Al Gore, the movement’s chief alarmist, set the standard. After losing to then-Texas Gov. George W. Bush in 2000, he left the vice presidency with a net worth of perhaps $1.7 million. Today, press accounts put his total assets at about $300 million. He was helped a lot by selling his cable TV channel in 2013 to oil-and-gas
mega-producer Qatar. Yes, Al got richer off fossil fuels. He has also been paid for writing books on Earth’s coming demise. The Arctic should have disappeared in 2016, he predicted. He owns or has owned two big homes — his mansion in Belle Meade, Tennessee, for which he added solar panels after being shamed as an energy glutton, and an $8.8 million (2011) Pacific Ocean paradise in glittering Montecito, California, where the stars like Mr. Gore live."
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** "Coercing American citizens into buying EVs is simply untenable and is not truly environmentally friendly...The Biden administration would be wise to end its special treatment of EVs, prioritize the American consumer, and stop driving the U.S. auto industry off a cliff."
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– ([link removed]) Brent Bennett & Andrea Hitt, Texas Public Policy Foundation ([link removed])
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It's the same story the crow told me, it's the only one he knows...
** Reuters ([link removed])
(11/21/23) reports: "The New York Independent System Operator (NYISO) said on Monday it will postpone the retirement of four floating natural gas-fired power plants by two years to keep the power supply reliable in New York City. The four plants, owned by Astoria Generating Co, will stay operational beyond their planned retirement in May 2025, adding 508 megawatts (MW) to New York City's power reserves which otherwise be in a 446 MW deficiency. 'The reliability deficiency is being driven by increased demand for electricity, economic activity, and recent generator retirements per emissions requirements set forth by the New York State Department of Environmental Conservation (DEC),' the NYISO said. DEC's 'peaker rule,' under which Astoria's four plans were going to shut down, has shut 950 megawatts of inefficient generation in environmental justice areas, with a provision to temporarily keep plants in operation to maintain reliable power supply. In a two-month window, NYISO did not get any
other solutions to fully meet the deficiency but said the supply situation for New York City will improve after new power lines expected to enter service in spring 2026 will connect it to 1,250 MW of hydropower in Quebec. Rapid electrification is boosting power demand and straining the electric grid in New York state, as renewable resources struggle to replace fossil fuel that is being phased out, a June report by the grid operator found."
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🎶 Over the river and through the woods... 🎶 No more visits to grandma's house, kids. The Governor took our car away from us.
** Daily Caller ([link removed])
(11/21/23) reports: "New Jersey will prohibit the sale of new gas-powered vehicles by 2035 in order to fight climate change, state officials announced Tuesday. Democratic New Jersey Gov. Phil Murphy and Shawn LaTourette, the commissioner of the state’s Department of Environmental Protection announced Tuesday that Murphy would file the 'Advanced Clean Cars Rule II' for adoption on Dec. 18, with the policy coming into effect on Jan.1, 2024. The policy will bind the state to completely phasing out the sale of new gas-powered vehicles by 2035, with incremental benchmarks for increasing the minimum share of manufacturers’ new fleets that are zero emission vehicle requirements along the way...'There is no justification, environmental or otherwise, to ban gas powered vehicles,' Tom Pyle, president of the American Energy Alliance, told the DCNF. 'All it does is force automakers to charge more for the types of vehicles that consumers actually want to buy. This power grab by unelected bureaucrats
will make it harder for tens of thousands of New Jersey residents to buy their first car.' "
Is anyone surprised that a solar company built around scamming the elderly was able to pull one over on this White House?
** Washington Free Beacon (http:// [link removed])
(11/22/23) reports: "A solar company that was awarded a $3 billion Department of Energy loan has been accused of scamming dementia patients on their deathbeds into signing five-figure, multi-decade solar panel leases, according to interviews and state consumer complaint records obtained by the Washington Free Beacon. Terry Blythe, a Texas resident, told the Washington Free Beacon that her father was 86 years old and had been diagnosed with dementia when a door-to-door Sunnova salesman persuaded him to sign a 25-year solar panel lease in 2020. When her father passed away earlier this year, Blythe said she was left to grapple with the $34,000 contract. 'It was truly ripping off old people,' she said. 'It was the biggest ripoff I've ever seen.' Blythe said she sold her parents’ home, which was in disrepair and in a low-income neighborhood, to pay for her mother’s assisted living care. But she said she was forced to take a significant price cut because buyers weren’t willing to pay for the
entire solar panel contract. 'If I can't recoup the money my mom needs, at least maybe I can help others that they might scam,' she said. 'The fact that they were just awarded that much money from the government is sickening.' Blythe’s is one of over 50 consumer complaints that have been filed against Sunnova with the Texas attorney general’s office since last year, for issues ranging from maintenance delays to allegedly predatory sales tactics. The news comes as the DOE’s Loan Programs Office is facing scrutiny from Congress over potential conflicts of interest involving the $3 billion federal loan to Sunnova Energy. The funding, which is the largest-ever DOE commitment to a solar company, will help finance Sunnova’s solar panel loans to 'disadvantaged homeowners and communities,' according to the company."
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Energy Markets
WTI Crude Oil: ↓ $74.02
Natural Gas: ↓ $2.84
Gasoline: ↓ $3.28
Diesel: ↓ $4.27
Heating Oil: ↓ $285.42
Brent Crude Oil: ↓ $78.74
** US Rig Count ([link removed])
: ↓ 671
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