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DAILY ENERGY NEWS | 06/14/2024
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** Relentless.
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Alaska Public Media ([link removed]) (6/12/24) reports: "A coalition of environmental groups has filed a legal petition with the federal government to reconsider how the Trans-Alaska Pipeline System contributes to climate change and to begin phasing the 800-mile line out of existence. The government first authorized the pipeline right-of-way across federal land in the 1970s, sparking an economic boom that transformed the state. The government reauthorized the pipeline in 2002. But a lot of new information about climate change has come to light in the past two decades that merits a reconsideration, the groups say. 'The federal government has a lot of both responsibility and authority to address the climate crisis, and that’s what we’re asking that they do,' Kay Brown, Arctic policy director for Pacific Environment, said in a phone interview. The other groups making the
petition are Center for Biological Diversity, Sovereign Iñupiat for a Living Arctic, Alaska Community Action on Toxics, Fairbanks Climate Action Coalition and Public Employees for Environmental Responsibility. They’re asking the Department of Interior to begin scoping a new environmental analysis for the pipeline, which isn’t due for a renewal until 2034, and to draft a plan to dismantle the pipeline and restore the land corridor."
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** "California is not content to stop at your personal vehicles and is pushing to change medium- and heavy-duty trucking and even off-road equipment such as harvesters, lawn mowers and leaf blowers, too."
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– Derrick Morgan, The Heritage Foundation ([link removed])

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Send former Special Envoy Kerry to Russia armed with this information and Putin will back off for sure.

** The Guardian ([link removed])
(6/13/24) reports: "The climate cost of the first two years of Russia’s war on Ukraine was greater than the annual greenhouse gas emissions generated individually by 175 countries, exacerbating the global climate emergency in addition to the mounting death toll and widespread destruction, research reveals. Russia’s invasion has generated at least 175m tonnes of carbon dioxide equivalent (tCO2e), amid a surge in emissions from direct warfare, landscape fires, rerouted flights, forced migration and leaks caused by military attacks on fossil fuel infrastructure – as well as the future carbon cost of reconstruction, according to the most comprehensive analysis ever of conflict-driven climate impacts...Aviation fuel consumption has rocketed as European and American commercial airlines are banned from Russian airspace, while Australian and some Asian carriers have been taking circuitous routes as a precaution. The extra miles have generated at least 24m tCO2."

Beyond the scope of consumer preference and the law for that matter, although that doesn't account for much these days.

** Daily Caller ([link removed])
(6/13/24) reports: "Three coalitions of business interests are suing the Biden administration over its recently-finalized emissions standards for light- and medium-duty vehicles. The coalitions — which include the American Petroleum Institute (API), the American Farm Bureau, the American Fuel and Petrochemical Manufacturers (AFPM), numerous car dealers and more — filed suit in the U.S. Court of Appeals for the D.C. Circuit on Thursday morning to try to block the Environmental Protection Agency’s (EPA) rules, which critics have characterized as an electric vehicle (EV) 'mandate.' The regulations will require manufacturers to ensure that up to 56% of all new light-duty vehicle sales are EVs by model year 2032, according to the EPA...The lawsuit alleges that EPA overstepped its mandate in issuing the rules, which the complainants describe as “arbitrary, capricious, an abuse of discretion and not in accordance with law.” The tailpipe standards represent one of President Joe Biden’s biggest
individual actions to date on his $1 trillion-plus climate agenda...Beyond regulations, the administration has also spent billions of dollars to advance EV production and adoption. However, despite these efforts, manufacturers have lost considerable amounts of money on their EV product lines while consumers generally remain hesitant to purchase electric models due to factors like concerns about EV range and charger availability."

Talk about a half-baked idea.

** Reuters ([link removed])
(6/13/24) reports: " Ford Motor Co. will soon allow all of its dealers to sell electric vehicles, reversing its more selective allocation system in an effort to boost slower-than-expected sales. The pivot, which goes into effect July 1, unravels previous requirements that only let dealers sell EVs like the F-150 Lightning pickup and Mustang Mach-E SUV if they had invested a set amount in training and infrastructure. The Dearborn, Michigan, automaker unveiled the EV selling rules in late 2022, requiring dealers to spend between $500,000 to about $1 million on expensive charging equipment and other programs. About half of Ford's 2,800 dealers enrolled in the group since it was introduced...Dealers who did invest hundreds of thousands into the machinery and programs Ford required are feeling burned now that EVs will soon be available to all. Some dealers told Reuters they are having trouble moving EVs off their lots into the hands of customers, and are even refusing shipments of electric
models because they are selling them at a loss. Scott Kunes, COO of a Midwest dealer group that sells Ford vehicles among several other brands, was one of the 1,400 dealers who joined the program. He had concerns about EV demand, though, so his group only made the investment for their two largest Ford locations in Wisconsin and Illinois. 'The dealers have been kind of screaming from the sidelines for a while here that the EV demand is just not there," Kunes said. While he's glad Ford took the step they did, "it's still a little bit too late.'"

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If you oppose a carbon tax, in any form, take a stand and ** contact us. (mailto:[email protected])

** ([link removed])

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: ↓ $78.49
Natural Gas: ↑ $2.96
Gasoline: ↑ $3.46

Diesel: ↑ $3.78
Heating Oil: ↑ $250.14
Brent Crude Oil: ↓ $82.67
** US Rig Count ([link removed])
: ↓ 616



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