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MORNING ENERGY NEWS  |  04/24/2020
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Of all the people to criticize a handout...


Fox Business (4/23/20) reports: "Elon Musk, CEO of electric carmaker Tesla, thinks the government's planned aid to U.S. oil and gas companies affected by the coronavirus pandemic is not 'greatest use of money.' In reply to a Twitter user Wednesday, the billionaire tech mogul said: 'Frankly, much of the stimulus money is questionable, but this much to oil & gas seems especially so.' President Trump has asked Treasury Secretary Steven Mnuchin and Energy Secretary Dan Brouillette to form a plan to help the hard-hit industry. West Texas Intermediate crude oil futures turned negative for the first time in history Monday as demand plunged and inventories filled up. The declines continued this week."

"Consumers should have the freedom to buy the vehicle of their choice. Policymakers will get it 'just right' when they scrap CAFE entirely."

 

– Nicolas Loris,
The Heritage Foundation

You keep using that word, I do not think it means what you think it means.

The pandemic has pulled back the curtain on these lunatics.


Reason (4/23/20) reports: "Rep. Alexandria Ocasio-Cortez (D–N.Y.) argued in an interview released Wednesday that much of the public should just say 'no' to going back to work after COVID-19 subsides. Appearing on Vice TV's Seat at the Table, the democratic-socialist legislator declared that workers should fundamentally reject the current system, which she claims is preventing people from maintaining a proper work-life balance. 'Only in America, does the president, when the president tweets about liberation, does he mean "Go back to work,"' the congresswoman said. 'We have this discussion about "going back" or "reopening"—I think a lot of people should just say, 'No. We're not going back to that. We're not going back to working 70-hour weeks just so that we can put food on the table and not feel any sort of semblance of security in our lives.'"

King Cuomo should just be happy Exxon hasn't taken a cue from John Galt after everything his regime has put them through.


Exxon (4/23/20) editorial: "Anti-carbon activists don’t sleep even during a pandemic, and earlier this week New York City Council members introduced a resolution to divest from banks invested in fossil fuels. Perhaps they don’t know that hand sanitizer and personal protective equipment come from hydrocarbons synthesized by their arch-villain Exxon Mobil. Exxon’s predecessor Standard Oil invented isopropyl alcohol (IPA), the key ingredient in disinfectants and hand sanitizer, in 1920. Its Baton Rouge chemical plant is now the world’s largest producer of IPA. While refineries have been throttled back, Exxon has ramped up IPA production by 3,000 tons per month, which is enough to produce 50 million four-ounce bottles of sanitizer. The oil giant recently noted in a press release that the state of New York has turned to the Baton Rouge plant for critical supplies. Gov. Andrew Cuomo should be grateful Exxon isn’t holding a grudge after the state’s four-year inquisition for allegedly deceiving itself about its climate impact, which finally ended last December when a state judge tossed the state lawsuit as entirely without merit." 

If you oppose a carbon tax, please contact us and take a stand.

Tom Pyle, American Energy Alliance
Myron Ebell, Competitive Enterprise Institute
Phil Kerpen, American Commitment
Andrew Quinlan, Center for Freedom and Prosperity
Tim Phillips, Americans for Prosperity
Grover Norquist, Americans for Tax Reform
George Landrith, Frontiers of Freedom
Thomas A. 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
Nathan Nascimento, Freedom Partners Chamber of Commerce
Isaac Orr, Center of the American Experiment
David T. Stevenson & Clint Laird, 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

Energy Markets

 
WTI Crude Oil: ↑ $17.16
Natural Gas: ↑ $1.82
Gasoline: ↓ $1.78
Diesel: ↓ $2.47
Heating Oil: ↓ $69.53
Brent Crude Oil: ↑ $21.76
US Rig Count: ↓ 453

 
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