Your Daily Energy News

View this email in your browser ([link removed])
DAILY ENERGY NEWS | 06/19/2024
Subscribe Now ([link removed])


** A lot is at stake this November, but few things as dire as the need to Save Our Cars.
------------------------------------------------------------
Daily Caller ([link removed]) (6/18/24) article: "Automobile consumers who treasure the open roads during the summertime could upend the presidential campaign and U.S. Senate races in surprising places if public opposition to electric-vehicle mandates and other regulations continues to rise. That is what some recent polls suggest and it certainly helps to explain why the Biden administration is poised to artificially reduce fuel prices by selling one million barrels of gasoline from an energy reserve in New England timed with the summer driving season and in anticipation of the November elections...Enter the “Save Our Cars Coalition,” ([link removed]) which includes 31 national and state organizations devoted to preserving the ability of consumers to select the vehicles most suitable to
their needs. Tom Pyle, president of the Institute for Energy Research, a coalition member that favors free market energy policies, views cars as an integral component of American life. The Biden-Newsom regulations amount to what Pyle describes as 'an assault on American freedom.' 'In a nation as expansive as the United States, cars are not merely vehicles, they are integral to the American way of life,' Pyle says. 'They play a pivotal role in our daily lives, especially in suburban and rural settings. This modern-day prohibition would outlaw a product and a value–in this case, gasoline-powered cars and trucks that have created personal mobility on an unprecedented scale – that it cannot persuade people to forego themselves.' The coalition is perfectly positioned to make EV mandates a campaign issue in areas where the affordability of cars capable of traversing long distances without frequent stops is very much on the minds of voters. State officials who continue to double-down on
California-type regulations will only serve to bolster the coalition’s arguments."
[link removed]


** "Elites can no longer feign ignorance of the problem; it’s now obvious. America faces energy scarcity, and the poor will be particularly hard-hit. Yet where is the concern on the part of these supposed humanitarians, who warn every day of the suffering that climate change will bring?"
------------------------------------------------------------


– Mario Loyola, National Review ([link removed])

============================================================

The only public nuisance in this case are the city attorneys bought and paid for by Big Green, Inc.

** DC Journal ([link removed])
(6/18/24) reports: "If a beach erodes in Honolulu, can a company be sued for producing oil in Holland? And under Hawaii state laws to boot? That’s the claim Hawaii’s capital city is making in a 'public nuisance' lawsuit (Sunoco v. City & County of Honolulu) against international oil companies. It’s part of an organized legal strategy by Democrat-controlled cities and states hoping to use state and local laws and litigation to force changes in energy policy. In addition to Hawaii’s challenge, the attorneys general of California, Connecticut, Delaware, Massachusetts, Minnesota, New Jersey, Rhode Island, Vermont, and Washington, D.C. have filed lawsuits claiming damages from oil companies over local impacts from global climate change...But rather than tossing Honolulu’s case earlier this month, the Supreme Court asked the Biden administration to weigh in on the issue. 'It’s very obvious they want to do more on climate change and so this is an end-around for them to try and make climate policy
in a way that they can’t or in ways that could potentially harm them,' Kenny Stein, vice president of policy at the Institute for Energy Research (IER) told InsideSources.com. 'If they really think oil companies are these big bad evils that are costing so much money, well, they should have a carbon tax or have a massive increase in their gas tax. But of course, there’s political ramifications to that because voters would see them raising taxes.'"

Bordoff could have stopped writing at “It is unrealistic for U.S. policymakers to believe they can decarbonize by 2050.”

** ([link removed])

When Biden won’t allow new mines in the U.S., this is what he is endorsing.

** Bloomberg ([link removed])
(6/17/24) reports: "Early in the morning last Christmas Eve, Chinese and Indonesian workers prepared for a maintenance operation at the Indonesia Morowali Industrial Park. A complex of factories, smelters and power plants on the island of Sulawesi, IMIP erupts in a tangle of pipelines and smokestacks that belch particulates into the tropical air. The bulk of the tens of thousands of employees live just outside its walls, migrants to a hastily built city of plywood and sheet metal shanties that shelter motorbike shops and dingy rooming houses. The workers had been tasked with fixing a submerged arc furnace, which melts nickel ore at temperatures around 1,400C (2,552F). Over time the residue of this process, known as slag, can build up, and the furnace overheats. On this day the plan was to replace heat-damaged bricks in the inner chamber and remove slag. With the furnace turned off, a technician began slicing into its steel shell with a flame cutter, to allow access to the interior. But
someone had miscalculated: The slag inside hadn’t cooled enough. In fact, it was still molten. The slag surged out from the cut, and the wall of the furnace collapsed. According to people familiar with the incident, who asked not to be identified discussing nonpublic information, acetylene canisters left nearby—used to fuel the flame cutters—started to explode from the surging temperature...An extensive review of Chinese, Indonesian, South Korean and US corporate filings by Bloomberg Businessweek, as well as interviews with industry experts, shows that nickel from IMIP is present in the supply chain that feeds virtually every major seller of EVs."

Energy Markets


WTI Crude Oil: ↑ $81.77
Natural Gas: ↓ $2.87
Gasoline: ↑ $3.44

Diesel: ↑ $3.80
Heating Oil: ↑ $254.80
Brent Crude Oil: ↑ $85.67
** US Rig Count ([link removed])
: ↓ 617



** Donate ([link removed])
** Subscribe to The Unregulated Podcast ([link removed])
** Subscribe to The Unregulated Podcast ([link removed])
** Subscribe to The Plugged In Podcast ([link removed])
** Subscribe to The Plugged In Podcast ([link removed])
** Connect with us on Facebook ([link removed])
** Connect with us on Facebook ([link removed])
** Follow us on Twitter ([link removed])
** Follow us on Twitter ([link removed])
** Forward to a Friend ([link removed])
** Forward to a Friend ([link removed])
Our mailing address is:
** 1155 15th Street NW ([link removed])

** Suite 525 ([link removed])

** Washington, DC xxxxxx ([link removed])
Want to change how you receive these emails?
** update your preferences ([link removed])

** unsubscribe from this list ([link removed])