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DAILY ENERGY NEWS  | 10/25/2024
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This week Tom and Mike weigh in on the state of the race for the White House, dish on Cashman, debate the merits of Chinese EVs, and much more on the latest episode of The Unregulated Podcast. Now streaming on our website, or wherever you listen.

"Many western leaders lecturing Indonesia on the evils of coal had their own economies built with that very fuel and continue to rely on oil and gas." 

 

– Vijay Jayaraj,
the CO2 Coalition

 

The great Chris Horner reveals the Harris LNG "pause" is all trick no treat.


Wall Street Journal (10/24/24) editorial: "One reason voters feel they don’t know what Kamala Harris would do if elected is because she isn’t honest about what she believes. Take energy policy. While slip-streaming behind President Biden, she’s winking to the left that she really does want to shut down U.S. fossil fuel production...All of this suggests Ms. Harris would make the Administration’s “pause” on liquefied natural gas export projects permanent. Recall that in January the Energy Department imposed a moratorium on LNG permitting after a TikTok campaign made the issue a cri de coeur. Energy claimed the pause was needed to study if exports are in the 'public interest.' This was a pretext to kick the issue past the election, as a Freedom of Information Act request by the Government Accountability and Oversight shows. GAO asked the Energy Department in June to turn over documents on any LNG export study transmitted to its Office of Fossil Energy and Carbon Management between Jan. 1 and Oct. 31, 2023. GAO’s lawyer Chris Horner says he was told DOE had already conducted a study. Sure enough, DOE responded that it had identified 97 potentially responsive documents to the FOIA request, totaling 4,354 pages. The department refused to turn them over, stating they don’t represent a 'final LNG export study' that 'is ready for release for the public’s view.' So much for President Biden’s promise to “bring transparency and truth back to government."

And it's not just LNG exports Team Harris is trying to trick voters on. Big Green, Inc. knows the mask comes off after the election.


Just The News (10/23/24) reports: "The presidential campaign for Vice President Kamala Harris has received considerable criticism for holding vague policy positions. In the case of energy, the Democratic candidate has been a moving target, especially with regards to her revolving-door stance on fracking. Her activist supporters include anti-fossil fuel crusader Bill McKibben, who said in September that Harris should be forgiven for not running on a platform of being opposed to fracking. He explained during a speech in New York, according to Bloomberg News, that the election outcome in Pennsylvania would have a big impact on the outcome for the country. Her stance on fracking, McKibben said, 'doesn’t make me happy, but it’s obvious why we need to cut her slack here.' Remarking on her moderate stances on a number of issues, including fracking. Supporter Sen. Bernie Sanders, I-Vt., also begged voters to ignore her past statements, and told NBC News that she was being 'pragmatic' and that she is only 'doing what she thinks is right in order to win the election.'"

Energiewende: The relentless pursuit of a failed energy policy no matter the cost.


Reuters (10/17/24) reports: "Germany is planning state guarantees for wind energy production, it said on Thursday, as part of a package of measures to boost its wind industry amid concerns from European governments and companies over Chinese firms gaining momentum in the sector. Berlin will expand the scope a KfW state bank program for sustainable transformation to include the guarantees, the economy ministry said, as around 16 billion euros ($17.34 billion) in guarantees are needed for a production ramp-up by 2030. The measures will also expand the scope of companies that must meet energy cybersecurity regulations to include all those with access to a power generation facility. A spokesperson for the ministry said the measures will start being implemented immediately, with plans to discuss the initial results in early 2025. 'We must continue improving conditions to keep this industry competitive and ensure future value creation within Germany and Europe. These measures are a crucial step,'" 

If you oppose a carbon tax, fee, tariff, border adjustment mechanism, or whatever lipstick you want to slap on this pig, contact us to add your name to our list.

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: ↑ $71.86
Natural Gas: ↑ $2.56
Gasoline: ↓ $3.14
Diesel: ↑ $3.58
Heating Oil: ↑ $223.82
Brent Crude Oil: ↑$76.04
US Rig Count: ↓ 606

 

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