What happened to housing prices?

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DAILY ENERGY NEWS | 09/20/2024

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Why are home prices so damn high? Mike interviews James Burling, of the Pacific Legal Foundation, on episode 199 and 1/2 of The Unregulated Podcast. Now streaming on our website, or wherever you listen to podcasts.

Our listeners are welcome to join us on Wednesday September 25th, from 4 – 7pm in the Washington, D.C. American Energy Alliance offices for the recording of the 200th episode and a happy hour.
To RSVP to the 200th episode, please email: [email protected]

"Kamala Harris needs to explain her energy platform. Will she let climate-obsessed elites price us out of global competition for the industries of the future? Voters deserve to know."

– Liz Peek, The Hill

Hate to break it to you, Chris Farley’s cousin, but the biggest threat to your business is the federal government.

Autoblog (9/18/24) reports: "Ford’s CEO Jim Farley first sounded the warning back in May, after his visit to China, but it’s been quietly happening in the background for far longer; Chinese electric vehicles, or EVs, are gobbling up the Chinese domestic market. They may even be on pace to do the same globally. In a Wall Street Journal interview, Farley described the situation as an 'existential threat' to Ford, highlighting the rapid pace at which Chinese automakers are advancing in the EV race...It also doesn’t help that many manufacturers have chosen to mitigate these challenges by the old adage ‘bigger is better’. Large SUVs and Trucks have increasingly become the staple of the American market, despite their added cost to build, high prices, and generally lower fuel/charge mileage. Jim Farley acknowledged in the Wall Street Journal article that 'executing to a Chinese standard is going to be the most important priority.' Meanwhile, EV development and sales have stalled for the old giants, with high wages, high prices, charging woes, and the consequences of previously all but abandoning the small and medium car market all proving to be significant barriers to the speed of future growth."

Coming to a woke town near you.

Sunlight is the best disinfectant.

Real Clear Energy (9/19/24) op-ed: "A leftwing judicial influence group is finding the spotlight unwelcome. The Environmental Law Institute’s Climate Judiciary Project (CJP) brands itself as an objective source for judges interested in climate change issues and has held “educational” events for over 2,000 judges. My organization, the American Energy Institute, recently unveiled CJP’s many ties to far-left climate plaintiffs pushing Green New Deal-type policies by lawsuit...And CJP’s goal is to produce policy change. They say so themselves. Sandra Nichols Thiem, ELI’s judicial education director, said in 2022 that CJP’s goal is to help create 'a body of law that supports climate action.' Honolulu’s climate change lawsuit against energy providers is a good example of ELI and CJP at work...It’s understandable that ELI and CJP want to conceal the nature of their operations while the appeal is pending. But no one should be obtuse about the Climate Judiciary Project. This is an outcome-oriented operation, whatever Mr. Diamond pretends in the unwelcome spotlight."

If you oppose a carbon tracker, tax, tariff, or fee take a stand and contact us.

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: ↓ $71.78
Natural Gas: ↑ $2.36
Gasoline: ↓ $3.22

Diesel: ↓ $3.59
Heating Oil: ↓ $215.78
Brent Crude Oil: ↓ $74.50
US Rig Count: ↑ 625

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