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MORNING ENERGY NEWS  |  05/01/2020
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Affordable, reliable energy is what makes this whole experiment possible.


Prosperity 101 (4/29/20) podcast: "Do you expect lights to turn on when you flip the switch, gas stations to have enough fuel to fill your tank, fresh water to run from your faucets, and grocery stores to have the food you need?  If so, you will want to listen as Linda interviews Tom Pyle, President of the Institute for Energy Research (IER) and the American Energy Alliance (AEA).  You will discover the importance of energy policies that allow us to be economically prosperous and physically safe and healthy.  As Americans, we depend on a reliable, secure energy grid for our health, safety, and livelihoods. Ideas have consequences and policy matters. Don’t take energy for granted.  Listen today!"

"The green can't power these massive factories that are being built in this country. It just can't; the windmills aren't going to be able to do it, and solar is not going to be able to. I love solar, but it's not going to be able to do it."

 

– President Donald J. Trump.

Art of the deal.


Reuters (4/30/20) reports: " As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum. In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters. The threat to upend a 75-year strategic alliance, which has not been previously reported, was central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply as demand collapsed in the coronavirus pandemic - scoring a diplomatic victory for the White House. Trump delivered the message to the crown prince 10 days before the announcement of production cuts. The kingdom’s de facto leader was so taken aback by the threat that he ordered his aides out of the room so he could continue the discussion in private, according to a U.S. source who was briefed on the discussion by senior administration officials."

The UN still doesn't understand that expensive energy causes poverty.  Why do we fund them? 


E&E News (4/30/20) reports: "If the first high-profile climate summit of the pandemic era — organized via remote video by the German government on Tuesday — is a test case for virtual diplomacy, the months ahead will bring plenty of goodwill speeches and technical gaffes. But the event offered few clues as to the world's ability to move forward with climate action during the COVID-19 lockdown. Although the Petersberg Climate Dialogue, typically held in Berlin, is traditionally on the smaller side of international climate gatherings, the postponement of the United Nations' COP-26 climate conference in Glasgow and other major events due to the coronavirus outbreak raised its stature. Environment ministers from over 30 nations, U.N. officials, nonprofits, businesses and local authorities met for two days with their offices, living rooms and gardens as background. As governments prepare to unveil trillion-dollar packages to save and stimulate economies after the virus lockdowns, most officials at the conference spoke about the need to tackle both global health and the climate crisis. 'As we plan our recovery from the coronavirus pandemic, we have a profound opportunity to steer our world,' said U.N. Secretary-General António Guterres. 'We can create a world that's green, safe, just, and more prosperous for all.'"

The enemy of my enemy can still be a deranged lunatic.


National Review (4/30/20) column: "Michael Moore and Jeff Gibbs have released a new movie. Entitled 'Planet of the Humans,' the film examines the question of whether 'green energy' can 'save the planet' from global warming. Their answer is an unequivocal 'no.' Instead, a more effective final solution is needed for the human problem. Planet of the Humans has been received warmly by many on the right, and coldly by much of the left, because it forcefully attacks wind, solar, and especially biomass as false solutions to the energy needs of industrial civilization. The film is replete with images of giant solar energy projects built a few years ago with much hullabaloo at taxpayer expense now lying around as fields of junk, rusting broken wind turbines, and devastated forests. It does not hesitate to show how pitiful the energy yields and CO2 emission reductions from such projects have been. It is merciless in portraying Al Gore, Bill McKibben, the Sierra Club, and other noteworthy green energy promoters as profiteers, scamming the public while destroying the environment for personal greed. As a cinematic hit job on the green-energy movement, it is without peer. That said, Planet of the Humans stands among the most perverse movies ever made, one that should not be touched by conservatives with a ten-foot pole. Green energy cannot sustain industrial civilization, Moore says. Therefore, he says, industrial civilization should not be sustained." 

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: ↑ $19.97
Natural Gas: ↓ $1.92
Gasoline: ↑ $1.77
Diesel: ↓ $2.44
Heating Oil: ↑ $84.83
Brent Crude Oil: ↑ $26.86
US Rig Count: ↓ 415

 
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