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DAILY ENERGY NEWS | 08/02/2024
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** Tom and Mike define "weird" on the latest episode of The Unregulated Podcast. Now streaming on our website ([link removed]) , or wherever you enjoy podcasts.
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** "You don't need to publish peer-reviewed horoscopes to question the value of astrology."
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– William Happer, Princeton University ([link removed])

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President Trump has a better understanding of Team Biden's auto policies than the "experts" at Car Expert News...

** Car Expert News ([link removed])
(7/31/24) reports: "US presidential candidate Donald Trump has doubled down on his criticism of alleged electric vehicle (EV) sales mandates… despite no such requirements existing. Speaking at the National Association of Black Journalists conference, former President Trump – who is the Republican candidate running to return to the White House – falsely claimed the US Government has mandates which will require EV sales to reach 100 per cent. 'They’re mandating that you buy an all-electric car,' Mr Trump said. '[Tesla CEO] Elon Musk endorsed me, and he’s a friend of mine, he’s a good guy and a smart guy. But I’m against everybody having an electric car. If you want a hybrid or a gasoline-propelled [petrol] car… we have more gasoline, liquid gold, under our feet than any country. More than Saudi Arabia, more than Russia. I want to use what we have, I want to bring down prices and costs.'"

Overheard in the hallway after the hearing...

Staff: Actually, Senator, young people aren't buying EVs. They can't afford them. In fact, dealers can't even give them away.

Senator Graham: hat if we strapped some weapons on the hoods of these babies and shipped them to Ukraine? Can we do that?
** ([link removed])

Do your homework, Senator Graham...

** UnHerd ([link removed])
(7/28/24) reports: "A prevailing view is that transitioning away from fossil fuels is inevitable, though not imminent. But as consumers reject new green technologies, even that supposed inevitability is coming into question. Earlier this week it was reported that the German luxury car-maker Porsche is scaling back its ambitious sales targets for electric vehicles due to reduced demand, with the company stating that “the transition to electric vehicles will take longer than we assumed.” The original goal of making battery-only cars 80% of the manufacturer’s sales by 2030 is no longer realistic, and Porsche is joined by Mercedes-Benz after the latter recorded 'a 25% drop-off in sales of fully electric cars.' The retreat from electric vehicles is not limited to Germany. In the United States, General Motors has announced, also this week, that it will delay the development of new EV models and postpone the opening of an electric truck factory, while Ford Motor replaced plans for a factory that
was designed to build electric SUVs with plans to build combustion engine pickup trucks. And there are good reasons for this. As the energy writer Robert Bryce has calculated, Ford 'sold 23,957 EVs during the quarter, but it lost USD 1.14 billion while doing so. Thus, Ford lost $47,585 for each EV it sold.'"

If you oppose a carbon tax, tariff, or fee take a stand and ** contact us. (mailto:[email protected])

** ([link removed])

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: ↓ $73.86
Natural Gas: ↑ $1.97
Gasoline: ↓ $3.48

Diesel: ↑ $3.80
Heating Oil: ↓ $232.39
Brent Crude Oil: ↓ $77.15
** US Rig Count ([link removed])
: ↓ 603



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