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DAILY ENERGY NEWS  | 03/24/2025
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Has Greenpeace finally been vanquished? Tom and Mike weigh in on the latest episode of The Unregulated Podcast. Now streaming on our website and all your favorite podcatchers.

"We are unabashedly pursuing a policy of more American energy production and infrastructure, not less." 

 

– Chris Wright, Secretary of Energy

All climate on the western front.


Wall Street Journal (3/23/25) reports: "A generation of companies that launched in recent years promising to wean the economy off fossil fuels are revamping their pitch to be more in tune with the zeitgeist. Companies developing climate-friendly metals, cement and fuel are now emphasizing how their products benefit national security as global trade disputes increase. Other green-technology developers are seeking a niche in the hot artificial-intelligence market. Many got their start when economic and political forces were aligned behind climate action. The pivots come as those forces wane. Some rhetorical shifts are jarring. Air Company’s website used to say it 'exists to solve one problem: climate change.' That mission no longer gets a mention. The company, working to commercialize a synthetic jet-fuel alternative, now says it is focused on 'global energy independence and security.' Air Company didn’t respond to requests for comment."

Can I copy your homework?


Daily Caller (3/21/25) reports: "A new lobbying push will look to pitch Biden-era green corporate welfare and carbon tariffs as America First-aligned to the Trump administration and lawmakers, Axios reported Friday. The Cleaner Economy Coalition (CEC) is a newly-formed 501(c)(4) entity that 'sees an opening in the Trump era' to pursue carbon tariffs and save the 45X tax credit, a costly subsidy for green energy manufacturing unleashed by a bill — the Inflation Reduction Act (IRA) — that did not receive a single GOP vote on its way to becoming law, according to Axios. The CEC is hiring lobbyists who formerly worked for President Donald Trump, House Speaker Mike Johnson and former Speaker Kevin McCarthy, and it will have a seven-figure budget at its disposal to try to convince Republicans to back policies long favored by greens and liberals."

Maybe the whole world needs an energy infrastructure upgrade.


Firstpost (3/24/25) reports: "The Chief Executive of National Grid, John Pettigrew, has claimed that the Heathrow Airport had enough power from other substations to remain open during the Friday fire incident. Speaking for the first time since the blaze forced the North Hyde substation to close, Pettigrew said that two other substations were fully functional at the time of the blaze. As per the authorities, the incident might have cost the airline industry £60m to £70m and disrupted the journeys of more than 200,000 passengers around the world. While speaking on the matter, Ed Miliband the energy secretary, said the government was 'determined to properly understand what happened and what lessons need to be learned', in regard to the incident at Heathrow and the UK’s 'energy resilience for critical national infrastructure.' It is yet to be determined who is at fault for making the airport shutdown."

Energy Markets

 
WTI Crude Oil: ↑ $68.31
Natural Gas: ↓ $3.98
Gasoline: ↑ $3.12
Diesel: ↓ $3.58
Heating Oil: ↑ $224.21
Brent Crude Oil: ↑ $72.21
US Rig Count: ↑ 621

 

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