Your Morning Energy News
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MORNING ENERGY NEWS | 04/30/2020
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During the global outbreak of COVID-19 America's energy producers are pitching in to help our communities. We'll be doing our best to amplify these great stories made possible by America's producers.
** Industry is providing the lifesaving tools needed to fight this terrible disease
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VenTec ([link removed]) delivers: "The first VOCSN V+Pro critical care ventilators produced by General Motors and Ventec Life Systems in Kokomo, Indiana are being delivered by UPS to Franciscan Health Olympia Fields in Olympia Fields, Illinois and Weiss Memorial Hospital in Chicago at the direction of the Federal Emergency Management Agency. The milestone shipments are putting important tools in the hands of frontline medical professionals treating patients seriously ill with COVID-19. A third shipment from GM-Kokomo will be delivered by UPS to FEMA at the Gary/Chicago International Airport on Saturday for distribution to other locations where the need is greatest. The deliveries are the culmination of a partnership between GM and Ventec Life Systems that began with a phone call exactly one month ago. Since then, the combined teams have sourced thousands of parts, transformed GM’s advanced electronics facility in
Kokomo for medical device production, contracted with the U.S. Department of Health and Human Services to provide 30,000 ventilators by the end of August and launched mass production. More than 1,000 men and women from the Kokomo community will be building ventilators."
** "Taking measures now to fight the climate crisis is not just a 'nice-to-have,' it is a 'must-have' if we are to leave a better world for our children."
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– Kristalina Georgieva, IMF ([link removed])
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It's like a free ride, once you've already paid.
** District Herald ([link removed])
(4/28/20) reports: "The Tribal Gathering Festival was scheduled to end on March 15, but approximately 40 people remain trapped at the site. The festival, which organizers claimed was meant to be 'paradise on Earth' is not so fun now that they can’t leave, according to the remaining hippies. It began on February 29 and was meant to end on March 15, but on the 12th, the festival was placed under quarantine when Panama announced a national emergency. They were told they would need to remain at the beach camp until March 23, causing many attendees to miss their flights out of the country...While the situation is terrible, of course, it has also become extremely comical. The hippies are now being forced to live in their theoretical utopia — and they aren’t having the amazing time that they imagined...In a mini-documentary about the festival from Vice News, the attendees whined and complained that they are now stuck in 'hell.'"
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Ay, Dios mio. But let's hand more of our environment over to el gubierno.
** BBC ([link removed])
(4/29/20) reports: "Authorities in a Spanish coastal resort have apologised after spraying a beach with bleach in an attempt to protect children from coronavirus. Zahara de los Atunes, near Cadiz, used tractors to spray more than 2km (1.2 miles) of beach with a bleach solution a day before Spain allowed children out of lockdown for the first time. Environmentalists say the move caused 'brutal damage' to the local ecosystem. Spain has been badly affected by the coronavirus, with 23,800 deaths. It recently announced a four-phase plan to lift its stringent lockdown measures and return to a 'new normality' by the end of June. María Dolores Iglesias, who heads an environmental volunteer group in the Cadiz region, said she had visited the beach at Zahara de los Atunes and seen the damage for herself. She said the bleach 'killed everything on the ground, nothing is seen, not even insects.'"
What's the deal with greens refuting reality?
** Wall Street Journal ([link removed])
(4/29/20) editorial: "The good news is that even some radical leftists are starting to acknowledge problems with so-called green energy. The bad news is they now favor limiting energy production from current sources and replacing it with... nothing. Just a few decades after the Manhattan Institute’s Peter Huber began explaining that alternative energy sources are inefficient and therefore require huge environmental footprints, the celebrity left is beginning to comprehend. A few Hollywood folks have even noticed how much green space and wildlife have to make way for solar farms. Sandernista filmmaker Michael Moore and director Jeff Gibbs are out with a new movie called “Planet of the Humans,” which has racked up more than four million views since its online release last week... Given their belief that environmental doom is nigh, Mr. Moore and Mr. Gibbs should be campaigning for zero-emission nuclear power, which generates enormous amounts of energy while occupying a relatively tiny
geographic footprint. But it seems their objective is not to find sensible ways to let a growing, thriving population meet its energy needs. Like the old television program, 'Seinfeld,' they seem to view the possibility of new energy production as a show about nothing."
Energy Markets
WTI Crude Oil: ↑ $17.34
Natural Gas: ↓ $1.85
Gasoline: ↑ $1.77
Diesel: ↓ $2.44
Heating Oil: ↓ $75.51
Brent Crude Oil: ↑ $25.31
** US Rig Count ([link removed])
: ↓ 420
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Energy Markets
WTI Crude Oil: ↑↓ $68.16
Natural Gas: ↑↓ $2.73
Gasoline: ↑↓ $2.86
Diesel: ↑↓ $3.16
Heating Oil: ↑↓ $207.08
Brent Crude Oil: ↑↓ $72.00
** US Rig Count ([link removed])
: ↑↓ 1137
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** Follow on Twitter ([link removed])
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