🎶Guess who just got back today🎶

View this email in your browser

DAILY ENERGY NEWS | 01/21/2025

Subscribe Now

The boys are back in town.

RigZone (1/21/25) reports: "Donald J. Trump issued a raft of energy orders during his first day as the 47th President of the United States. Under one executive order, which was posted on the White House website, Trump declared a national emergency, noting that the United States’ 'insufficient energy production, transportation, refining, and generation constitutes an unusual and extraordinary threat.' 'The heads of executive departments and agencies shall identify and exercise any lawful emergency authorities available to them, as well as all other lawful authorities they may possess, to facilitate the identification, leasing, siting, production, transportation, refining, and generation of domestic energy resources, including, but not limited to, on federal lands,' Trump stated in the order...In another statement sent to Rigzone on Tuesday, American Energy Alliance (AEA) President Tom Pyle said President Trump 'has promised a policy of abundance' and noted that, on Monday, 'he made a down payment on that promise.' 'We look forward to working with the Trump administration and the new congress to unleash our energy potential and lower energy prices for all Americans,' Pyle added."

"We will drill, baby, drill. America will be a manufacturing nation once again, and we have something that no other manufacturing nation will ever have: the largest amount of oil and gas of any country on Earth and we are going to use it."

– President Donald J. Trump

American motorists, not government, belong in the driver's seat.

Wall Street Journal (1/21/24) reports: "Jeep is reviving its Cherokee-sized SUV. Dodge is bringing back the gas-engine version of its Charger muscle car. And Ram is hitting pause on its all-electric pickup truck. In the weeks since the departure of former CEO Carlos Tavares, executives at global automaker Stellantis have been moving swiftly to turn around the U.S. operations, employing a series of changes to jump-start sales again. At the top of their list is reinvigorating well-known American brands, such as Chrysler and Dodge, whose sales and lineups have withered in recent years. Stellantis’s brand leaders say they need to get back to basics by offering models at more affordable price points and promotions that can help increase sales. Such moves, they say, could reverse a dismal 2024 that concluded with Tavares’s exit in December. Since the departure, the automaker has essentially shelved the former CEO’s playbook. Stellantis has delayed the release of two high-profile, electric-vehicle models and rehired some executives who had departed under Tavares, including bringing back a retired company veteran to lead the Ram brand."

Voters around the world have had enough of the big green experiment.

Politico (1/14/25) reports: "Germany's likely next chancellor, Friedrich Merz, has vowed to restore Germany’s industrial competitiveness by putting climate policies on the back burner. Germany’s economic policies have been 'almost exclusively geared toward climate protection' during the reign of Chancellor Olaf Scholz, Merz said during a campaign speech in the western industrial city of Bochum on Monday. 'I want to say it clearly as I mean it: We will and we must change that.' Germany’s left-leaning coalition government, which collapsed in November over persistent rifts on spending and economic reforms, committed to 'ideally' phasing out coal by 2030, eight years before the official target date. In order to meet that goal, the coalition — which included Scholz’s Social Democratic Party and the Greens — massively expanded renewable energies and subsidized energy-intensive companies to help them achieve climate neutrality."

Bye, Felicia.

Just The News (1/20/25) reports: "The Net Zero Asset Managers (NZAM) initiative announced Monday it is suspending activities. The move comes after BlackRock, with $11.5 trillion in assets under management, joined an exodus of mega-firms leaving net-zero groups. The initiative said on Friday it was 'disappointed' in BlackRock’s decision, and in Monday’s announcement, NZAM said it would remove the list members and their net-zero commitment statements from the website. 'Recent developments in the U.S. and different regulatory and client expectations in investors’ respective jurisdictions have led to NZAM launching a review of the initiative to ensure NZAM remains fit for purpose in the new global context,' the initiative said in a statement...Alex Stevens, manager of policy and communications with the Institute for Energy Research, told Just the News, that there isn’t a similar retreat from net-zero corporate policies in the European Union. With energy companies operating internationally, this could continue to influence operations in the U.S. 'There's political pushback here in the U.S., but there's still gonna be requirements over in the EU. That'll be something to keep an eye on,' he said."

Energy Markets

WTI Crude Oil: ↓ $75.90
Natural Gas: ↓ $3.81
Gasoline: ↑ $3.12

Diesel: ↓ $3.65
Heating Oil: ↓ $253.30
Brent Crude Oil: ↓ $78.79
US Rig Count: ↑ 589

Donate

Subscribe to The Unregulated Podcast

Subscribe to The Plugged In Podcast

Connect with us on Facebook

Forward to a Friend

Our mailing address is:
1155 15th Street NW
Suite 525
Washington, DC xxxxxx

Want to change how you receive these emails?
update your preferences
unsubscribe from this list