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DAILY ENERGY NEWS | 03/31/2025
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** Oh ... people will come, Governor Dunleavy. People will most definitely come.
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The Wall Street Journal ([link removed]) (3/27/25) reports: "As Trump seeks to vanquish trade imbalances, Dunleavy is offering nervous Asian partners a way to close the gap by spending big on the Alaska plan. They can co-invest, commit to large future purchases of gas or do both. His pitch to Asian officials and business leaders: 'Getting gas from America is always a good thing.' His state’s plan, called Alaska LNG, features a roughly 800-mile pipeline that would feed gas to a yet-to-be-built liquefied natural gas terminal. The project has been in planning for more than a decade and has yet to break ground. The first delivery to Asia is at least four years away."
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Field of Dreams - Movie CLIP - People Will Come (1989)
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** "There’s great private capital, capital that's been around the innovations to design these plants. But again, you've got this slow-moving, bureaucratic central government that's still got to permit them and allow them to approve. So the nuclear renaissance has been talked about for years. And the Trump administration [is] actually going to start it."
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– Chris Wright, Secretary of Energy ([link removed])
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This will never get old.
** ([link removed])
Energy Secretary Chris Wright explains how his department is working to make President Donald Trump’s agenda a reality on ‘My View with Lara Trump.’
Looks like that beautiful, clean coal isn't dying off any time soon.
** Real Clear Energy ([link removed])
(3/31/25) article: "At the national level, the extraordinary surge in projected electricity demand driven by exponential growth in AI, data centres and crypto-mining has taken centre stage. In a video interview on the sidelines of the CERAWeek energy conference in Houston two weeks ago, US Interior Secretary Doug Burgum said that the country should restart shuttered coal-fired power plants under President Donald Trump’s national energy emergency declaration: 'I think as part of the national energy emergency which President Trump has declared we’ve got to keep every plant open. And if there have been units at a coal plant that have been shut down, we need to bring those back on.' Coal use in the US had been in steep decline since 2000, partly as the result of the shale gas revolution taking off. However, it now no longer looks as if coal – accounting for about a fifth of power generation in utility-scale facilities -- will disappear from the US energy scene in the next few decades."
Steady as she goes.
** Reuters ([link removed])
(3/31/25) reports: "Oil prices held steady on Monday as investors adopted a cautious, wait-and-see stance after U.S. President Donald Trump threatened to impose secondary tariffs on buyers of Russian oil and warned Iran of possible military action if it did not agree to a deal over its nuclear program. Trump said on Sunday he was 'pissed off' at Russian President Vladimir Putin and will impose 25%-50% secondary tariffs on buyers of Russian oil if he feels Moscow is hindering his efforts to end the war in Ukraine. China and India are major buyers of Russian crude and their acquiescence would be crucial to making any secondary sanctions package seriously hurt exports from the world's second largest oil exporter.
Trump also threatened Iran on Sunday with bombing and secondary tariffs if Tehran did not come to an agreement with Washington over its nuclear program."
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The Raconteurs - Steady, As She Goes (Official Music Video - Jim Jarmusch Version)
Energy Markets
WTI Crude Oil: ↓ $69.47
Natural Gas: ↑ $4.19
Gasoline: ↑ $3.16
Diesel: ↓ $5.59
Heating Oil: ↓ $226.82
Brent Crude Oil: ↓ $74.04
** US Rig Count ([link removed])
: ↑ 617
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