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DAILY ENERGY NEWS  | 03/10/2025
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What was it that Biden's EPA guy said about having some walking around money?


E&E News (3/07/25) reports: "EPA is requiring its employees to clear big-ticket spending with that agency’s DOGE team, according to new guidance issued by the agency. That guidance requires spending on transactions that surpass $50,000 to receive approval from one of EPA’s DOGE team members. EPA’s guidance also requires confirmation that spending aligns with President Donald Trump’s executive orders and EPA Administrator Lee Zeldin’s agenda for the agency. The employee, who was granted anonymity because they are not authorized to talk to the media, said they were told at one point that the guidance was not mandatory but later told that it was. The employee said they were also notified Friday that congressionally directed spending projects are exempt from the DOGE sign-off process, but other programs 'are not so lucky,' they added."



"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." 

 

– President Donald Trump

Au revoir, Paris Agreement.


New York Post (3/1/25) editorial: "EPA boss Lee Zeldin’s push to rescind the White House’s 2009 finding on greenhouse gases marks another great milestone on President Trump’s climate course correction. But it’s long past time for the entire West to admit it: The whole anti-carbon crusade declared in the 2015 Paris Climate Agreement has proved a disaster — wrecking economies and worsening lives without making a real difference on climate change. Despite trillions spent in the name of curbing greenhouse-gas output, global emissions have increased by about 6% since the deal was inked. Blame China and India for much of that. From 2015 to 2023, India’s per-capita greenhouse-gas emissions jumped 20%; China’s, by about 15% (133% since 2000). Meanwhile, climate mandates have devastated the nations — particularly in Europe — that embraced them. Trump gets it: The Paris Accord — indeed, the entire net-zero mania — is a bane on human flourishing. Civilization depends on fossil fuels, and all the global elites’ magical thinking to the contrary can’t change that fact, but only impose pointless misery."

Thanks for flagging this, Mr. President. Keep up the good work. 


Daily Caller (3/10/25) op-ed: "President Donald Trump’s opening week included a flurry of executive orders seeking to make good on his promise to restore America’s energy dominance, sidelined by the Biden administration. While we should all applaud the president’s vision for a secure energy future, Californians should be especially pleased. Even before taking office, the 'Trump effect' helped restore a bit of sanity in the Golden State. Five days before President Trump’s inauguration, the California Air Resources Board (CARB) rescinded its application for a waiver from the Environmental Protection Agency to extend its electric vehicle mandate to freight trains, citing 'uncertainty presented by the incoming administration.' The first-of-its-kind regulation would have phased out diesel-fueled switch, industrial, and passenger trains by 2030 and freight trains by 2035 in favor of zero-emission trains. Instead of trying to 'Trump-proof' California, Gov. Gavin Newsom should be grateful for the opportunity to scrap more of Sacramento’s costly regulations."

Is King Coal heading for an American comeback?


RealClearEnergy (3/06/25) op-ed: "As the administration looks for reliable, immediately available generating capacity, the underutilized coal fleet is the answer hiding in plain sight. Battered by an unrelenting regulatory agenda and unfair competition from heavily subsidized power sources, the coal fleet’s capacity factor – a measure of how often it’s providing power to the grid – rests at just 40%. The fleet is capable of much more. It is our strategic electricity reserve waiting for its moment. And that moment is now. How much more power can the fleet provide? Consider its performance in critical, high-demand weeks and months. The coal fleet regularly ramps up generation, often reaching capacity factors above 60%. As recently as 2021, there were several months when the fleet had a capacity factor above 65%."

Energy Markets

 
WTI Crude Oil: ↑ $67.54
Natural Gas: ↑ $4.64
Gasoline: ↓ $3.08
Diesel: ↓ $3.62
Heating Oil: ↓ $222.83
Brent Crude Oil: ↑ $70.85
US Rig Count: ↑ 613

 
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