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MORNING ENERGY NEWS  |  03/27/2020
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Don't tell Greta.


Electroverse (3/19/20) reports: "The first flakes of the season in Kiruna, Sweden fell back on Sept 30 and from then on have continued relentlessly, with accumulations now comfortably surpassing the region’s all-time snowfall record. On Thursday, March 19 heavy snow fell over Sweden’s northern town of Kiruna further adding to the record-breaking 3.25m (10.7 ft) that has already accumulated this season–accumulations that busted the old snowfall record from 1997-98 (solar minimum of cycle 22). Stefan Sydberg, vice chairman of the municipal council, is reportedly more excited than concerned. 'We have already set a record and we know that it can be another meter before the season is over,' he said. 'It is positive when a winter town delivers.'"

"Allowing markets to self-correct will be best for taxpayers, consumers and the overall long-term health of America's energy economy."

 

– Nicolas Loris,
The Heritage Foundation

Now it's relief. What was it before corona?


ReNews (3/26/20) reports: "The American Wind Energy Association (AWEA) has expressed disappointment that clean energy sector relief did not make it into Congress’ phase three stimulus package. AWEA chief executive Tom Kiernan said: 'While we’re disappointed clean energy sector relief did not make it into the phase three stimulus package, we will continue working with Congress and other renewable energy leaders to find solutions to the specific challenges COVID-19 is causing our members. Relief provisions ensuring renewable projects can secure financing and meet safe harbour continuity schedules are critical to preserving a strong domestic clean energy sector.'"

To them it's all about name recognition, not recognizing the real problems.


Baltimore Post-Examiner (3/26/20) column: "Baltimore’s elected officials seem to fancy the idea of the city being a groundbreaking climate change crusader against oil companies but that distinction will not help the city’s poorest residents, the majority of whom are African-American. In some cases, deceptive marketing tactics from renewable energy companies have already sent residents bills soaring by as much as 50 to 75 percent...Legal strategies and tactics are just a sideshow for energy poverty, which occurs when low-income families and individuals can’t afford basic heating and electric needs due to high prices. And while energy poverty has no color, it disproportionately impacts minority, low-income, rural and senior citizen communities the most. Over thirty percent of U.S. households have trouble paying energy bills. Progressive activists with high levels of education and income might easily absorb such financial hits however families who already struggle can’t afford another increase. And shaking down oil companies in court, the highly ambitious Green New Deal, and layers of regulations and mandates in the energy sector will mean higher prices for individuals living in these communities."

For our friends up north, now would be a good time to practice getting angry.


Rebel News (3/25/20) blog: "The Liberals now have the de-carbonized economy they wanted. Everyone is staying home — no flights, no travel, no movement, no jobs (apart from those that allow people to work from home). Isn’t this enough for the Liberals to put this crazy carbon tax on ice? No — RBC is projecting that double-digit unemployment is going to hit Canada as a result of the coronavirus pandemic, and instead of taxation relief, you’re getting a 50 percent hike of the one tax that touches absolutely everything in your life...Canada is in lockdown mode, people are scared, and the economy is being hammered. Families are facing unemployment, bankruptcy and poverty. And any government that would choose to raise taxes at such a time would be laughed at by the international community for doing something so dumb — or scorned for such shameless cruelty. But that is exactly what Justin Trudeau is doing." 

Bernie takes a Paige from Germany's playbook. Because it's working so well there.


Washington Examiner (3/26/20) column: "It is difficult to take Bernie Sanders's vision for a carbon-free energy future seriously when he vehemently rejects the technology that does the most to achieve such a goal. Nuclear power composes 19.7% of the United States's electricity generation. It is also America’s largest source of low-carbon energy, providing more than 55% of carbon-free electricity. Sanders’s energy plan calls for, among other things, a stop to the construction of new nuclear power plants and a moratorium on license renewals for existing nuclear power plants. As part of his broader plan to decarbonize energy production fully and achieve 100% “sustainable energy,” this plank is illogical. Nuclear power is currently the largest low-carbon energy source in the U.S. To get rid of it is at odds with his big-picture goal...Fearmongering around nuclear power has been an issue for about as long as there has been nuclear power. But what makes it particularly alarming in the case of Sanders is how fundamentally at odds that fear is with the reality of his other policy aims in the energy area. Sander’s positions on nuclear power aren’t particularly useful to accomplish the goal of carbon emissions reduction, and he should be honest about that." 

If you oppose a carbon tax, please contact us and take a stand.

Tom Pyle, American Energy Alliance
Myron Ebell, Competitive Enterprise Institute
Phil Kerpen, American Commitment
Andrew Quinlan, Center for Freedom and Prosperity
Tim Phillips, Americans for Prosperity
Grover Norquist, Americans for Tax Reform
George Landrith, Frontiers of Freedom
Thomas A. 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
Nathan Nascimento, Freedom Partners Chamber of Commerce
Isaac Orr, Center of the American Experiment
David T. Stevenson & Clint Laird, Caesar Rodney Institute
John Droz, Alliance for Wise Energy Decisions
Jim Karahalios, Axe the Carbon Tax
Mark Mathis, Clear Energy Alliance
Mandy Gunasekara, Energy 45
Jack Ekstrom, PolicyWorks America

Energy Markets

 
WTI Crude Oil: ↓ $22.26
Natural Gas: ↓ $1.61
Gasoline: ↓ $2.05
Diesel: ↓ $2.63
Heating Oil: ↑ $106.47
Brent Crude Oil: ↓ $25.60
US Rig Count: ↓ 739

 
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