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DAILY ENERGY NEWS  | 02/10/2025
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School's out!


Washington Free Beacon (2/07/25) reports: "The Biden administration awarded Canadian electric bus company Lion Electric nearly $160 million to manufacture hundreds of battery-powered buses for school districts nationwide as part of its sweeping climate agenda. In recent weeks, Lion has initiated bankruptcy proceedings, laid off all employees tasked with building its buses, and paused manufacturing operations."

"The first thing that we need to clarify is there is no climate crisis, period. CEJA [Climate and Equitable Jobs Act] and all the related legislation to the green bad deal is a complete scam and a complete hoax." 

 

– Chris Miller, Illinois State Representative

Environmental fear-mongering is so last year.


Bloomberg (2/09/25) reports: "Swiss voters rejected a set of rigid emission limits in a plebiscite, dismissing a call for more climate protection over fears that it would stymie the economy. The so-called Environmental Responsibility Initiative, launched by the youth wing of Switzerland’s Green Party, was supported by just 30% of the electorate, according to government data on Sunday."

Rocks for rockets.


Washington Examiner (2/08/25) reports: "Ukrainian President Volodymyr Zelensky welcomed an offer from President Donald Trump that gives financial aid to Ukraine in exchange for the country’s valuable natural resources. This week, Trump signaled that, among other provisions in a possible deal, he would be willing to fund Zelensky’s effort against Russia in exchange for rare Ukrainian minerals."

But how will the people get the solar panels they don't want.


Just the News (2/09/25) reports: "Illinois U.S. Sen. Dick Durbin, D-Springfield, said on social media that President Donald Trump’s administration cutting off funding to the Solar for All program would lock Illinois out of more than $100 million for solar energy projects. State Rep. Chris Miller, R-Oakland, said his 'fingers are crossed' that the U.S. Environmental Protection Agency's pause will halt Illinois solar projects."

Energy Markets

 
WTI Crude Oil: ↑ $71.96
Natural Gas: ↑ $3.42
Gasoline: ↓ $3.13
Diesel: ↓ $3.65
Heating Oil: ↑ $246.17
Brent Crude Oil: ↑ $75.63
US Rig Count: ↑ 595

 
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