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DAILY ENERGY NEWS | 08/30/2024
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** The latest twists and turns of the race for the White House dissected on this week's episode of The Unregulated Podcast. Now streaming on our website ([link removed]) , or wherever you enjoy podcasts.
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** "We cannot allow the federal government to put mandates on the auto industry to build electric vehicles when the consumers do not want them."
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– Brian Pannebecker, Auto Workers for Trump ([link removed])

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So… we’re done then?

** Politico ([link removed])
(8/29/24) reports: "Vice President Kamala Harris said firmly Thursday she would not ban fracking if elected in November, despite pledging to do so during her 2019 run for president. Instead, the nominee pointed to her experience as vice president and action taken under Democrats' climate law to strengthen the transition to cleaner forms of energy — without banning the technology that has fueled an oil production boom in the U.S...During Harris’ earlier run for president, she vocally backed a ban on fracking. 'There’s no question I’m in favor of banning fracking,' she said at the time. But her campaign has since said the Democratic presidential nominee would not ban the technology — a particularly contentious issue in the must-win state of Pennsylvania. Harris had previously not said what caused her to change course. 'As vice president I did not ban fracking,' Harris told CNN, even though the vice president does not have such authority...'My values have not changed. I believe it is very
important that we take seriously what we must do to guard against what is a clear crisis in terms of the climate. And to do that, we can do what we have accomplished thus far,' she said, underscoring the job creation benefits from the climate law and billions of dollars flowing from the administration's programs.

When you get your energy from the weather you will have to adjust your industrial output to the weather.

** UnHerd ([link removed])
(8/29/24) reports: "Amid reports of Germany’s economy contracting, Vice Chancellor and Minister for Economic Affairs and Climate Action Robert Habeck has made a sub-optimal if predictable announcement. Citing renewables as Germany’s primary future energy source, Habeck said that manufacturing businesses should adjust their production according to the weather. German industry, he insisted, should produce more when the sun is shining or the wind is blowing. On still or cloudy days, production should be allowed to falter. This is not the tack of an economy minister worried about his country entering a recession. While it would be easy to mock the Germans for all the unwise decisions in recent years which have accelerated the decline of a once-mighty manufacturing power, the country’s industrial production is still the highest in Europe, outpacing France and Italy combined. But there will be continental ramifications stemming from Germany’s decreased output...The greatest madness (and there is
no other word), however, continues to be energy policy. The fact that turning off fully functioning and paid-for nuclear power plants — to be replaced with new gas power plants — was celebrated by the Greens as an environmental victory itself shows that the people in charge are not to be taken seriously. There is a deep irony in the fact that the country’s primary producer of solar panels, Meyer Burger, is preparing to relocate to America because of how expensive German energy is. Habeck’s recent announcement essentially punishes those who want to produce independent of the weather. Apparently, the Economy Minister and his advisors believe that complex industries such as refineries, glassmakers, steel mills and aluminium smelters can simply turn production on and off at a moment’s notice."

Breaking news from Reuters: Trump disagrees with Biden's energy policies!

** Reuters ([link removed])
(8/29/24) reports: "Donald Trump would rescind many of President Joe Biden's clean energy rules while also speeding approvals of power plants to meet the nation's rising electricity demands, the Republican's presidential campaign said on Thursday. Should he win the Nov. 5 election, Trump would axe clean energy regulations of Biden and his opponent, Vice President Kamala Harris, a Democrat, on both power plants and on emissions from vehicles. Those rules are aimed at slashing carbon emissions from the power industry while also pushing the auto industry to transition to electric cars to cut tailpipe pollution.The former president 'will immediately stop all Biden-Harris policies that distort energy markets, limit consumer choice and drive up the costs on consumers on day one,' David Bernhardt, Trump's former Interior Department secretary, told reporters in a call organized by the campaign...Bernhardt also said that Trump 'will put coal country back to work so that all Americans have access to
affordable energy,' without elaborating on how those workers would be put to work."

Water remains wet and Ràul Grijalva hates domestic oil and gas production.

** E&E News ([link removed])
(8/29/24) reports: "Top Democrats on the House Natural Resources Committee are asking a congressional watchdog to investigate energy activity on public lands, including orphaned oil wells, oil and gas companies’ leasing practices and ways to advance geothermal. Ranking Member Raúl Grijalva (D-Ariz.), along with top Democrats on various subcommittees, asked for the reports in three separate letters Thursday to the Government Accountability Office. In one letter, the Democrats said they need information on how the Bureau of Land Management is counting idled and orphaned wells and whether it is addressing the hazards of abandoned wells in a timely fashion."

If you oppose a carbon tax, 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: ↓ $74.06
Natural Gas: ↓ $2.11
Gasoline: ↓ $3.35

Diesel: ↓ $3.70
Heating Oil: ↓ $227.00
Brent Crude Oil: ↓ $78.96
** US Rig Count ([link removed])
: ↓ 616



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