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DAILY ENERGY NEWS | 07/26/2024
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** I don't think the "analysts" got this one right. This candidate has sprinted alongside the greens her entire career.
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In case you need a refresher, check out AEA's new candidate profile on the Veep ([link removed]) .
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** "‘Green’ policies also ignore increased foreign resource dependence and environmental impacts overseas. The production of useful energy, which drives economic productivity, is always about tradeoffs. Americans are unlikely to tolerate increasingly obvious ‘green’ tradeoffs."
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– Portia Roberts, National Center for Energy Analytics ([link removed])
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I didn't think it was possible, but Kamala hates your car even more than Joe does.
** Washington Free Beacon ([link removed])
(7/24/24) reports: "Vice President Kamala Harris, who has emerged as the presumptive 2024 Democratic nominee for president, favors a far more aggressive plan to mandate electric vehicles than even President Joe Biden, whose EV policies have seen declining popularity both in swing states and nationwide. During her 2020 presidential campaign, Harris vowed to implement climate policies ensuring 50 percent of all new passenger vehicles sold are EVs by 2030 and 100 percent are EVs by 2035, an archived copy of her campaign website shows. She also backed a mandate requiring all new vehicle purchases for corporate fleets, transportation networks, and heavy-duty vehicles be electric by 2030. Months after she announced in January 2019 that she would run for president, Harris also cosponsored the so-called Zero-Emission Vehicles Act, a bill that was later modified to include language mandating 43 percent of car sales are electric by 2027 and 100 percent are electric by 2035."
However much you think you dislike the mainstream media, it isn't enough.
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It would be nice to know how much profit the auto companies are squeezing us for the cars we actually buy from them to pay for the cars they build to please their government masters.
** The Telegraph ([link removed])
(7/25/24) reports: "Ford loses nearly $50,000 (£38,700) on every electric car it sells, results from the company show, as traditional manufacturers struggle with the switch away from petrol. The company posted a loss of $1.1bn for its electric vehicle division, Ford E – equivalent to about $47,600 per car. It sold 23,957 electric vehicles (EVs), an increase of 61pc from a year earlier. The numbers contributed to a torrid first half in which Ford E lost $2.5bn, with the business on track to lose $5bn overall this year. Ford blamed a price war across the industry for the loss, which came despite efforts to slash costs by $400m. The stark figures underline the huge sums of cash even mass market car manufacturers are burning through as they electrify their product line-ups. The $50,000 loss per car was first reported by industry expert Robert Bryce in his Substack newsletter."
If you oppose a carbon tax, tariff, or any other carbon scheme, ** join us (mailto:
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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: ↓ $77.19
Natural Gas: ↓ $2.02
Gasoline: ↓ $3.51
Diesel: ↓ $3.82
Heating Oil: ↓ $242.88
Brent Crude Oil: ↓ $81.29
** US Rig Count ([link removed])
: ↓ 596
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