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DAILY ENERGY NEWS | 04/30/2025
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** Consumers don't want this. Automakers don't want this (better late than never). It's past time to end the California Car Ban.
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Reuters ([link removed]) (4/28/25) reports: "Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months. The U.S. House of Representatives will vote later this week on legislation to repeal a waiver granted by the U.S. Environmental Protection Agency under former President Joe Biden in December allowing California to mandate at least 80% electric vehicles by 2035. The Alliance for Automotive Innovation, which represents General Motors, Toyota, Volkswagen, Hyundai and other major automakers said in a letter released Monday car companies could soon be 'forced to substantially reduce the number of overall vehicles for sale to inflate their proportion of electric vehicles sales.'"
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** "There is no dignity in energy poverty, only grim drudgery. Hydrocarbons have been humanity’s greatest ally in the fight against poverty and human suffering. Life expectancy, literacy, and infant mortality rates all improve in lockstep with the increased use of hydrocarbons."
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– R ([link removed]) obert Bryce, Substack ([link removed])
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Good question...
** Wall Street Journal ([link removed])
(4/29/25) editorial: "Congress is often feckless these days, but the House and Senate can stand up for their rights in looming votes on the power of regulators. Will Republicans vote to overturn the destructive electric-vehicle mandates in California and other states? A GOP House resolution this week seeks to reverse a Biden Environmental Protection Agency waiver that lets California impose EV sales quotas. California’s mandate requires that zero-emissions vehicles make up 35% of auto sales next year, 51% by 2028 and 100% by 2035. A dozen or so other states have adopted California’s rules... Some Republicans worry that disregarding the parliamentarian’s CRA opinion might cause her to sabotage their budget reconciliation, but we doubt she’s vindictive. Letting her decision stand would be the worst precedent because it would let the Biden EPA get away with its 'final' rule trickery to evade the CRA. The CRA, passed by a GOP Congress and signed by Bill Clinton, was an attempt to reclaim some
modest Congressional control over the administrative state. Killing the EPA waiver would be a small step toward restoring Congress’s proper authority."
Lights out.
** Wall Street Journal ([link removed])
(4/29/25) reports: "This week’s blackout in Spain and Portugal confronted authorities with an unprecedented event: the first mass electrical outage on a grid largely powered by wind and solar energy... European Union economies have been investing heavily in both technologies, aiming to generate 69% of the bloc’s power from renewables by 2030. But grids running on high levels of solar and wind face technical challenges that grid operators are still figuring out how to manage. One of those is the loss of so-called inertia. Conventional power generation turbines take a while to stop spinning, buying time to balance electricity supply and demand if something goes wrong. If a solar plant goes offline, output goes to zero instantly. With less inertia, 'imbalances must be corrected more quickly,' said David Brayshaw, professor of climate science and energy meteorology at the University of Reading in the United Kingdom. 'Outage events, when they occur, are likely to become more significant and
widespread,' he added."
LNG ASAP thanks to DOE and FERC...
** Upstream ([link removed])
(4/23/25) reports: "Commonwealth LNG has asked federal regulators to expedite its approval of the Louisiana-based liquefied natural gas export project by about a month ahead of schedule in anticipation of a final investment decision (FID) later this year... Though FERC approved the Kimmeridge-operated Commonwealth LNG in 2022, a federal appeals court in July 2024 tossed the authorisation and sent it back to the commission for further review after environmental groups challenged FERC’s environmental analysis of the project. In response, FERC in November issued a review schedule that anticipated a new draft analysis by February ahead of a final analysis by 9 May and a full reauthorisation by 25 July. FERC published the draft environmental analysis 14 February. In its FERC filing, Commonwealth argued its Department of Energy (DoE) export approval in February — the first issued by the agency since US President Donald Trump started his new term at the White House — warranted a speedier approval
from the commission... The FERC approval would also help Commonwealth LNG reach an FID and commence construction 'as soon as possible,' according to the filing, which also claimed the project has lost 'millions of dollars' because of former President Joe Biden’s one-year pause on new LNG export approvals."
** ([link removed])
Energy Markets
WTI Crude Oil: ↓ $59.95
Natural Gas: ↓ $3.34
Gasoline: ↑ $3.18
Diesel: ↑ $3.56
Heating Oil: ↓ $209.65
Brent Crude Oil: ↓ $63.64
** US Rig Count ([link removed])
: ↓ 617
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