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MORNING ENERGY NEWS | 8.12.2019
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** It's almost like the Dems are afraid to highlight the specifics of the Green New Deal.
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Mother Jones ([link removed]) (8/9/19) reports: "When members of the Democratic National Committee meet in San Francisco later this month, they will likely consider a resolution introduced by DNC Chair Tom Perez this week that activists say would kill chances of a formal, DNC-sponsored debate devoted to climate change. Since April, the campaign for a climate debate has grown from a far-fetched request from environmentalists and Jay Inslee to scoring endorsements from nearly the entire primary field...Perez’s 'Resolution Recommitting the Democratic Party to the Work of Combating Climate Change and Creating Jobs by Growing Our Clean Energy Economy' was added on Thursday to the docket of proposals to be considered by the DNC’s resolutions committee ahead of an August 22 meeting in San Francisco. While reaffirming Democrats’ commitment to fighting climate change, at the very end of his proposal is
a section that suggests the existing debate formats plus the two unofficial climate forums that are already scheduled in September should take the place of a debate."
** "Until we no longer need gas or propane to heat our homes, gasoline to fuel our cars and chemicals to make the items we use and buy, these commodities are not optional, and there is no transportation fairy to bring them to us."
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– Brigham McCown, Alliance for Innovation and Infrastructure ([link removed])
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Not satire.
** Independent ([link removed])
(8/2/19) reports: "People should not kill mosquitoes but allow them to take 'blood donations', a French animal-rights activist has said. Aymeric Caron, a television presenter, said the insects sucked human blood to obtain protein for their eggs, which was 'embarrassing for anti-specists who realize they are being attacked by a mother trying to nourish her future children.' Anti-specists are those who oppose discrimination against any species, usually animals."
GAO, busting Bloomberg one lawsuit at a time.
** Daily Caller ([link removed])
(8/8/19) reports: "A Virginia-based law firm filed a court motion Thursday to compel Maryland Attorney General Brian Frosh into providing a document revealing details about the Democrat’s wide-ranging climate crusades. Government Accountability & Oversight’s lawsuit seeks to compel Frosh into revealing a memo supposedly showing promises Frosh made to donors regarding agendas they wanted covered. Frosh insists his application for assistants from former New York City Mayor Michael Bloomberg must be kept secret. GAO is seeking a summary judgement. McCabe’s involvement suggests Bloomberg’s money is playing a role in the anti-Exxon campaign. He made himself a part of the lawsuit demanding energy companies compensate the city for the alleged damages from man-made global warming. U.S. District Judge John Keenan dismissed the case in July after months of arguments."
"As goes California, so goes the nation..." *Shudders*
** Orange County Register ([link removed])
(8/1/19) column: "CNBC’s annual state-by-state 'business climate' study is out. No surprise, we’re dead last — No. 50 — among the states for 'cost of doing business.' Here’s an area where you don’t want to say, 'As California goes, so goes the nation.' Lawmakers, through various mechanisms, have significantly driven up the cost of energy. They began and renewed cap-and-trade, which the Legislative Analyst’s Office forecasts will raise gasoline prices in the years ahead — so the state can keep pushing its bullet train, which is heavily dependent on cap-and-trade funding...Someday, we’d like to see California’s politicians realize that pulling back and letting markets work will yield more benefits over the long-term than perpetually using the force of government at every opportunity."
Piping freedom at incredibly low rates.
** Reuters ([link removed])
(8/8/19) reports: "The operators of two new pipelines in West Texas shale fields are offering discounted prices to attract shippers accustomed to high fees to move oil to export hubs, according to the pipeline companies and federal filings. These bargain rates, in one case half the initial published rate, will aid strapped oil producers that once had to sell their oil for about $10 less per barrel because of transport constraints to move their oil from the largest shale oil field in the country."
Energy Markets
WTI Crude Oil: ↓ $53.76
Natural Gas: ↑ $2.13
Gasoline: ↓ $2.64
Diesel: ↓ $2.96
Heating Oil: ↓ $179.55
Brent Crude Oil: ↓ $58.07
** US Rig Count ([link removed])
: ↓ 964
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