Your Morning Energy News

View this email in your browser ([link removed])
MORNING ENERGY NEWS | 06/02/2020
Subscribe Now ([link removed])
During the global outbreak of COVID-19 America's energy producers are pitching in to help our communities. We'll be doing our best to amplify these great stories made possible by America's producers.


** The Centennial State is in good hands.
------------------------------------------------------------
Colorado Oil & Gas Association ([link removed]) Steps Up: "Colorado is a special place. We are so fortunate to live and work here, and as you will see in this report, our members work hard every day to make Colorado an even better place to live. Colorado’s oil and natural gas industry truly cares about the communities where we live and work. At COGA, we are grateful to serve an industry of more than 100,000 employees statewide – individuals and families – who are so invested in their communities and the lives of their friends and neighbors. The oil and gas industry has a long tradition of giving back – after all, we all care deeply about the people, environment, and shared experiences that make our great state so exceptional. Social responsibility is part of who we are as an industry...Over $13 million donated to Colorado non-profits; 600+ Colorado non-profit organizations and programs served in 2019; 72,976 volunteer hours; $950,000+ in-kind contributions; 120+ pints of
blood donated; 5,000+ lbs of food donated and sorted; 250+ care packages sent to troops."


** "We've seen the administration has focused [on energy] and prioritizes energy development in New Mexico and in the Permian [Basin]...We've seen what that means for our state. We've seen how it helps our economy."
------------------------------------------------------------


– Robert McEntyre, New Mexico Oil & Gas Association ([link removed])

============================================================

Will Bigfoot stomp out zombie fires?

** E ([link removed])
** &E News ([link removed])
(6/2/20) reports: "Spring had scarcely arrived in frosty Siberia when wildfires began igniting across the tundra. By April, some of the blazes were already bigger than last year's record-breaking burns. Experts say some of them may have been quietly smoldering all winter, only to explode again as the weather warmed. It's a phenomenon known as an overwintering fire or a holdover fire, sometimes referred to as a 'zombie' fire. These are wildfires that never quite go out at the end of the summer — instead, they continue to smolder in the soil through the rest of the year, only to reignite again in the spring. In a recent newsletter, the European Commission's Copernicus Atmosphere Monitoring Service suggested that some of this season's early wildfires in the Arctic Circle could be overwintering fires. The speculation inspired a spate of headlines about zombie fires. It's a phenomenon that's gaining attention — and one with the potential to make Arctic fire seasons worse at a time when warming
is already boosting blazes across much of the world."

Great. This should be open to residents sometime around, ohhh, 2050.

** Smart Cities Dive ([link removed])
(5/29/20) reports: "San Francisco's waterfront is home to a number of iconic attractions like the Ferry Building, Ghirardelli Square and Fisherman’s Wharf. It's also home to a lesser-known, 300-foot 'stack' that has stood watch over the waterfront for decades. The towering structure once belonged to the Potrero Power Station, built in 1901, and was responsible for providing one-third of the city's power until its closure in 2011. Today, the city plans to breathe new life into the industrial site by creating a 29-acre sustainable community in its place. The project was conceived with walkability and efficient transportation as key design elements, according to Geeti Silwal, an urban planner at Perkins and Will who was also behind the design of San Francisco's car-free Market Street. ​And after three years of planning and more than 170 public meetings, the project received unanimous approval from the city's Board of Supervisors in April."

On the road again.

** W ([link removed])
** ashington Post ([link removed])
(5/1/20) reports: "Americans are starting to capitalize on low prices at the gas pump as states loosen travel restrictions, a boon for the battered energy industry and a hopeful signal for the U.S. economic recovery. With more states easing lockdown measures enacted to fight the spread of the coronavirus, people are gradually hitting the road and causing modest car traffic in cities from Miami to San Francisco. The slight increase in congestion comes with beaches and summer destinations opening and many people avoiding public transportation and airplanes. That uptick in driving coincides with a nascent recovery in consumer spending, fueling hopes that the economy is rebounding from the worst of the virus-induced slowdown. The optimism is driving a rally in investments from stocks to commodities. It powered the S&P 500 and oil prices last week to their highest level since early March. U.S. crude inched lower Monday while stocks added 0.4%, extending their rally."
** ([link removed])

Energy Markets


WTI Crude Oil: ↑ $36.02
Natural Gas: ↑ $1.78
Gasoline: ~ $1.97

Diesel: ↓ $2.40
Heating Oil: ↑ $108.27
Brent Crude Oil: ↑ $39.07
** US Rig Count ([link removed])
: ↓ 315



** Friend on Facebook ([link removed])
** Friend on Facebook ([link removed])
** Follow on Twitter ([link removed])
** Follow on Twitter ([link removed])
** Forward to a Friend ([link removed])
** Forward to a Friend ([link removed])
Our mailing address is:
** 1155 15th Street NW ([link removed])

** Suite 900 ([link removed])

** Washington, DC xxxxxx ([link removed])
Want to change how you receive these emails?
** update your preferences ([link removed])

** unsubscribe from this list ([link removed])