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DAILY ENERGY NEWS | 04/26/2024

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Find out what headlines have Mike worked up this week on the latest episode of The Unregulated Podcast. Now streaming on our website, or wherever you listen.

"Biden Administration’s EV mandates are bad for U.S. energy security and national security. The mandates are unrealistic and unattainable. They will give China control over critical supply chains and increase costs for consumers and taxpayers."

– Robert Bryce, Substack

Biden's EV giveaways aren't even prioritizing American EV companies.

Just The News (4/25/24) reports: "U.S. auto dealers will be offering an electric vehicle this summer that’s made in China and will sell for $8,000 less than Tesla’s Model Y. Swedish luxury brand Volvo Cars, which is owned by China’s Greely, will begin selling its compact SUV EX30 model for a window price of $35,000, Reuters reports. Since China dominates much of the mineral mining and refining needed to make EV batteries, and its government heavily subsidizes the industry, it can undercut global competitors. Vehicles from China into the U.S. face a 27.5% tariff, but under a law that allows companies with factories in the U.S. to get refunds for the tariffs they pay. Volvo has a factory in South Carolina, which makes it eligible for the program. 'President Biden or his successors may need to salvage the U.S. auto industry in the future as cheap Chinese electric vehicles, which Biden’s policies are promoting and even subsidizing, could become an ‘extinction-level event’ for U.S. automakers,' according to the Institute for Energy Research."

EV's would be one thing, but pairing it with Biden's crimewave makes your family sitting ducks during charging sessions.

This is another reminder that the environmental movement is anti-human. Who cares if poor children die as long as rich westerners feel good about stopping technology.

The Spectator (4/25/24) reports: "First, a word of warning. If you donate money to Greenpeace, you might think you’re helping save the whales or the rainforests. But in reality, you may be complicit in a crime against humanity. Last week, Greenpeace Southeast Asia and several other NGOs managed to stop the cultivation and use of vitamin A-enhanced rice in the Philippines, after the country’s court of appeal ruled in their favour. In doing so, Greenpeace have blocked a multi-year, international, publicly-funded effort to save the lives and the eyesight of millions of children in some of the world’s poorest countries.Vitamin A deficiency is a serious health problem in developing countries in Asia and Africa, causing an estimated 250,000 to 500,000 cases of blindness in young children every year. The World Health Organisation estimates that half of these children die within 12 months of losing their sight. Malnutrition rates vary. In the Philippines, 17 per cent of children under six are Vitamin A deficient, while in Bangladesh the rate is about 20 per cent. Vitamin A deficiency in Asia is high because poorer people there tend to be dependent on white rice, which lacks micronutrients, but has enough calories to get a family through the day. To address this directly, a genetically engineered rice called ‘Golden Rice’ was invented in the 2000s. Golden Rice has been given a gene which produces beta-carotene – the precursor of vitamin A – which also gives the grains a gentle golden hue...In a triumphal press release issued after the Golden Rice decision, Greenpeace falsely claimed once again that ‘GM crops have never been proven safe’, contradicting this worldwide scientific consensus."

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

Tom Pyle, American Energy Alliance

Daren Bakst, 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: ↑ $83.76
Natural Gas: ↓ $1.60
Gasoline: ↑ $3.66

Diesel: ↓ $4.01
Heating Oil: ↑ $256.01
Brent Crude Oil: ↑ $89.20
US Rig Count: ↓ 617

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