A must listen while in quarantine...

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DAILY ENERGY NEWS | 07/19/2024

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How is Joe keeping up with events while recovering from COVID? Hopefully he's listening to the latest episode of The Unregulated Podcast. Now streaming on our website, or wherever you enjoy podcasts.

"World leaders continue experiencing a “dangerous delusion” of a global transition to “just electricity” that they believe will eliminate the use of the crude oil that made society achieve so much in less than 200 years. Without those products made from petrochemicals manufactured from crude oil, the policymakers must be imagining no jets, ships, defense, or space programs!"

– Ronald Stein, P.E.,
The Heartland Institute

Rest in peace, Mr. Dobbs. You were always a straight shooter.

CNN (7/18/24) reports: Lou Dobbs, the longtime business news anchor who became one of Donald Trump’s most vocal supporters in media, died on Thursday. He was 78. 'It’s with a heavy heart that we announce the passing of "the great Lou Dobbs,’" a statement posted on his official social media account said, calling him a 'fighter till the very end.' Dobbs had a lengthy career in broadcast journalism, spending more than two decades at CNN, which he joined at its inception in 1980 and anchoring the program 'Moneyline.' Dobbs left CNN in 2009 to help media mogul Rupert Murdoch launch the Fox Business Network. 'Lou was one of the CNN originals, who helped launch and shape the network. We are saddened to hear about his passing and extend our sincerest condolences to his wife Debi, children and his family,' a CNN spokesperson said. As Donald Trump ascended in Republican Party politics, Dobbs became one of his most ardent supporters, using his program to promote anti-immigrant rhetoric and lash out at the so-called 'deep state.'"

California can't get even get their own people to buy or keep EVs. And yet they want to foist them on the rest of the country.

LA Times (7/19/24) reports: When does a sales-growth downturn move from a temporary blip to a longer-term trend? Maybe right now. After years of rapid expansion, electric vehicles sales growth in California trended down in the middle of last year and now has turned negative: 101,443 all-electric cars were registered in the state in 2024's second quarter, down from 102,730 in the second quarter of 2023, a drop of 1.2%. As recently as last summer, that growth rate was positive at 55%. It fell to 16% growth in the fourth quarter last year, 2% in the first quarter this year, and now has gone negative. EV sales growth is an important factor in determining whether the state can meet its goal of banning carbon-emitting new car sales by 2035...Besides Tesla, other second-quarter EV losers include Volvo, down 66.5%, and Polestar, down 61.9%. Both brands sell EVs made in China, hit hard by heavy Biden administration tariffs. Volkswagen was down 34.5%. Chevrolet was down 50.6% — but that’s mainly because it discontinued the popular Chevy Bolt EV, with promises to reintroduce a new version. If the Bolt had still been for sale, there’s a good chance that statewide EV sales would have been in positive territory."

An 100 mile range EV for thee, a diesel powered mega yacht for me.

There's only candidate promising to leg drop Team Biden's EV mandates. If he can do it, brother, he just might Save Our Cars.

Bloomberg (7/19/24) reports: "Former President Donald Trump accepted the Republican nomination for president for the third time Thursday after an extraordinary five days in US politics. Here are five key things about the last day of the Republican National Convention:..Just five days after a would-be assassin’s bullet struck his now-bandaged right ear, Trump told thousands of rapt delegates and guests of his narrow escape from death Saturday, and paid tribute to the retired fire chief who was killed in the attack...Trump promised to end electric-vehicle mandates, raise tariffs to support the auto industry and provide 'massive tax cuts' for workers — including an exemption for taxes on tips."

If you oppose a carbon tax, disguised as a tariff, 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

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: ↓ $82.29
Natural Gas: ↓ $2.09
Gasoline: ↓ $3.50

Diesel: ↓ $3.84
Heating Oil: ↓ $247.95
Brent Crude Oil: ↓ $84.52
US Rig Count: ↓ 599

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