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DAILY ENERGY NEWS | 12/28/2023
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** This is really just a bunch of BS and everybody knows it.
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Substack ([link removed]) (12/28/23) article: "LinkedIn user Martin Vrecko forwards a story from the BBC today that surely will not be a, ummmm, ‘waste’ of your time. It’s the story of a firm in the UK that specializes in the development of green alternatives to those dirty, odorous fossil fuels, including jet fuel. The firm, Firefly Green Fuels, told the BBC that, in casting about for a renewable alternative to jet fuels refined from crude oil, it landed on a feedstock so common that every human being on earth comes into contact with it - indeed, produces it - on a daily basis. One might even say the stuff is in fact ubiquitous - it is there with us every minute of every day, regardless of where we are, who we’re with, or what we happen to be doing. And it’s only a matter of time and having our next snack or meal before even more of it starts to turn up. Or out. Or…whatever. Yes, friends, by now you may have already guessed that the
miracle feedstock upon which Firefly Green Fuels plans to base its alternative to petroleum-based jet fuels is poop. And not just any poop, mind you, but human poop. 'We wanted to find a really low-value feedstock that was highly abundant. And of course poo is abundant,' says Firefly CEO James Hygate. That’s just glorious, isn’t it? Honestly, who could possibly make this stuff up? "
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** "What we need is a president who will roll back or cancel these dictatorial decrees. Stop fast-tracking wind and solar projects. End abusive environmental justice, DEI and ESG programs. Return America to energy independence and affordable energy."
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– Paul Driessen, Committee For A Constructive Tomorrow ([link removed])
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Maybe Will Ferrell can save the day for EVs.
** Wall Street Journal ([link removed])
(12/28/23) reports: "Electric-vehicle sales growth hit a speed bump in the U.S. this year, and the impact is being felt throughout the industry. Carmakers around the world have invested billions of dollars in EV technology, spurred on by tailpipe emissions regulations designed to boost sales of battery-powered models. But as customers in the U.S. hesitate to make the switch from traditional gas-engine vehicles, some auto companies are delaying plans on electric-vehicle spending. Sales of electric models rose rapidly in the first 11 months of the year, faster than the car market as a whole but at a slower pace than in previous years. Car executives say they are confident that sales will accelerate as additional lower-priced models come out and the availability of public chargers improves. In the near term, the cooling buyer interest has weighed on U.S. makers that had ramped up vehicle and battery production in anticipation of a larger surge in customer demand. Electric-vehicle sales began
to stall in the latter half of this year, a move that car executives attributed to the relatively high prices of electric models. As a result, electric cars and trucks are piling up on dealer lots, causing auto companies to reassess their investment plans. It takes a dealership around three weeks longer to sell an EV than a gasoline vehicle, according to data from car-shopping website Edmunds. "
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Or maybe too many people have discovered the joys of EV ownership...
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Need of dose of energy talk between episodes of The Unregulated Podcast? Check out Tom on The Energy Show.** Now streaming wherever you listen. ([link removed])
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Energy Markets
WTI Crude Oil: ↓ $73.60
Natural Gas: ↓ $2.54
Gasoline: ↓ $3.12
Diesel: ↑ $4.01
Heating Oil: ↑ $1262.74
Brent Crude Oil: ↓ $78.71
** US Rig Count ([link removed])
: ↓ 641
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