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DAILY ENERGY NEWS | 09/11/2024
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** We honor the memory of the lives lost and the selflessness of the first responders on 9/11.
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** "In action after action, the Biden-Harris administration has shown us that it will do anything it can get away with politically to rapidly eliminate fossil fuels."
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– Alex Epstein, Energy Talking Points ([link removed])
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I can think of another word for “pivot” in this instance.
** Axios ([link removed])
(9/11/24) reports: "A few things stood out from last night's first Kamala Harris-Donald Trump contest. Harris aimed for the center. She embraced the U.S. oil boom in her latest pivot from her 2019 call for a fracking ban, and later shouted out record gas output. When she touted investment in 'diverse' sources, Harris called this a way to ease reliance on foreign oil. She made a pocketbook pitch when climate surfaced far later, noting extreme weather makes home insurance expensive or unavailable. Harris also touted 'clean' energy as a U.S. manufacturing and jobs driver. Trump ignored climate in his answer, but argued that Biden-Harris policies hurt the auto industry. Trump sees energy as a Harris weak spot. Despite today's record oil and gas production, he repeatedly said Harris would thwart U.S. development. If Harris wins, 'oil will be dead, fossil fuel will be dead,' he said. The former president urged viewers not to trust Harris' claim that she's no longer interested in ending fracking.
It's an important topic in Pennsylvania, a pivotal battleground and massive gas producer. He also knocked Joe Biden for killing the Keystone XL pipeline (recall that Biden revoked its federal permit)."
How do policies like Kamala's drive up electricity prices? IER alum Travis Fisher explains on the ** latest episode of HubWonk. ([link removed])
** ([link removed])
Nobody wants these things, even when subsidized.
** Daily Caller ([link removed])
(9/9/24) reports: "Americans looking for a new car are 14% less likely to want to purchase an electric vehicle (EV) in 2024 than they were in 2023, according to a survey published Monday by consulting giant EY. The survey found that 34% of respondents in a sample of about 1,500 Americans planning to get a new car in the next two years want to buy an EV, a 14% decrease from the 48% who indicated they intend to get an EV at some point in the following two years in EY’s 2023 poll asking the same question. The observed decrease in enthusiasm about EVs mirrors an ongoing decline in consumer demand and comes even as the Biden administration is aggressively spending and regulating to significantly increase the share of EVs on America’s roads. The reduction in interest for EVs was about four percentage points greater than the 10% overall decrease in American respondents who said they intended to purchase a vehicle of any variety, according to the EY poll."
God bless the USA.
** ([link removed])
Energy Markets
WTI Crude Oil: ↑ $67.80
Natural Gas: ↑ $2.27
Gasoline: ↓ $3.25
Diesel: ↓ $3.64
Heating Oil: ↑ $209.30
Brent Crude Oil: ↑ $70.93
** US Rig Count ([link removed])
: ↑ 628
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