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DAILY ENERGY NEWS | 12/08/2023
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** Friend of the show Lou Pugliaresi, of the Energy Policy Research Foundation, joins Tom and Mike. Plus, President Biden pays a moving tribute to long lost Gibb brother, Billy, on the latest episode of The Unregulated Podcast. Now streaming on our website ([link removed]) , or wherever you listen.
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** "Consumers are never voluntarily going to pay $2 for energy that can be had for $1. Nor are investors ever going to invest to provide consumers the $2 energy when the consumers can go elsewhere for $1. As it becomes obvious that the whole LCOE “wind and solar are cheaper” thing is a transparent lie, all private money will exit the energy transition. The only possible way to get this wind/solar system built is government subsidies. Gigantic, massive government subsidies on a scale far greater than anything ever seen in human history. "
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– Francis Menton, Manhattan Contrarian ([link removed])

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Want more Tom? Check out the latest episode of ** Freedomcast ([link removed])
where he discusses free market energy policy and the ** Save Our Cars ([link removed])
Coalition.

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Science!

** The Guardian ([link removed])
(12/7/23) reports: "Senior climate experts are calling for an overhaul of the structure and powers of the UN’s Intergovernmental Panel on Climate Change in despair at the slow pace of climate action. Five lead authors of IPCC reports told the Guardian that scientists should be given the right to make policy prescriptions and, potentially, to oversee their implementation by the 195 states signed up to the UN framework convention on climate change (UNFCCC). Their call came after it emerged that the United Arab Emirates had been planning to use its position as Cop28 host to strike oil and gas deals. Sonia Seneviratne, an IPCC vice-chair and coordinating lead author since 2012, said: “At some point we need to say that if you want to achieve this aim set by policymakers then certain policies need to be implemented. 'As climate change becomes worse and worse, it is becoming more difficult to be policy relevant without being prescriptive.' Scientists should be able to call for fossil fuel cuts and
phaseouts, she said. The discrepancy between IPCC science and action on the ground was 'very difficult for us to understand as scientists because it doesn’t seem to make any sense.'"
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So why exactly did Biden think Venezuela was getting better on political oppression?

** Argus Media ([link removed])
(12/7/23) reports: "The Venezuelan government has issued warrants to arrest 13 individuals it accuses of being agents of ExxonMobil, with many of those named part of opposition presidential candidate Maria Corina Machado's campaign team. Attorney general Tarek William Saab said the individuals conspired with ExxonMobil to sabotage a referendum last weekend on Venezuela's attempt to annex a section of neighboring Guyana. ExxonMobil denied the allegations. 'This is a ridiculous and baseless claim and entirely inconsistent with how we do business,' the company told Argus. Four of the individuals, Roberto Abdul, Henry Alviarez, Claudia Macero and Pedro Urruchurtu, work for Machado's campaign. The others include exiled lawmakers Yon Goicochea, Julio Borges, David Smolansky, Leopoldo Lopez and Carlos Vecchio, former US-recognized interim president Juan Guaido, former oil minister Rafael Ramírez, former cabinet member Andres Izarra, and the head of the US-brokered dialogue with the Venezuela
government, Lester Toledo. Vecchio worked for ExxonMobil before it left Venezuela in 2007."

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If you oppose a carbon tax, like the Cassidy Carbon Tax, take a stand and ** contact us. (mailto:[email protected])

** ([link removed])

Tom Pyle, American Energy Alliance
Myron Ebell, Competitive Enterprise Institute
Phil Kerpen, American Commitment
Andrew Quinlan, Center for Freedom and Prosperity
Grover Norquist, Americans for Tax Reform
George Landrith, Frontiers of Freedom
Thomas Schatz, Citizens Against Government Waste
Richard Manning, Americans for Limited Government
Adam Brandon, FreedomWorks
Craig Richardson, E&E Legal
Benjamin Zycher, American Enterprise Institute
Jason Hayes, Mackinac Center
David Williams, Taxpayers Protection Alliance
Paul Gessing, Rio Grande Foundation
Seton Motley, Less Government
Annette Meeks, Freedom Foundation of Minnesota
Isaac Orr, Center of the American Experiment
David T. Stevenson, Caesar Rodney Institute
John Droz, Alliance for Wise Energy Decisions
Jim Karahalios, Axe the Carbon Tax
Mark Mathis, Clear Energy Alliance
Jack Ekstrom, PolicyWorks America
Jon Sanders, John Locke Foundation

Energy Markets


WTI Crude Oil: ↑ $70.78
Natural Gas: ↓ $2.55
Gasoline: ↓ $3.18

Diesel: ↓ $4,14
Heating Oil: ↑ $254.21
Brent Crude Oil: ↑ $75.81
** US Rig Count ([link removed])
: ↓ 649



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