From American Energy Alliance <[email protected]>
Subject Lee Zeldin: American Hero
Date June 12, 2025 3:25 PM
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DAILY ENERGY NEWS | 06/12/2025
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** Excellent news.
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Politico ([link removed]) (6/11/25) reports: "The Trump administration announced Wednesday that it’s revoking limits on power plants’ climate pollution — removing the cornerstone of a decadelong strategy to douse one of the nation’s largest sources of heat-trapping gases... EPA’s plan to unshackle the power sector — the second-largest source of U.S. climate pollution, behind transportation — collides with the agency’s past assertions that the most effective way to slow rising temperatures is by tackling the biggest contributors of greenhouse gases. EPA’s new rule said that greenhouse gas emissions from U.S. fossil fuel power plants are not significant because they 'are a small and decreasing part of global emissions; cost-effective control measures are not reasonably available; and because this Administration’s priority is to promote the public health or welfare through energy dominance and indepen
dence secured by using fossil fuels to generate power.'”
[link removed]


** "The climate litigation game is perverse because it is fundamentally inconsistent with the evidence on climate phenomena, and because it represents an attack on our democratic institutions as it attempts to attain through litigation what it cannot achieve in Congress."
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–B ([link removed]) enjamin Zycher, AEI ([link removed])

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Garbage in, garbage out.

** Empowering America ([link removed])
(6/2/25) blog: "Over the last few months, you may have heard proponents of Biden’s massively expensive Inflation Reduction Act (IRA) legislation claiming that a repeal of green energy subsidies in the bill will have dire effects. Among those claims, they say that repealing green energy handouts will drive up electricity bills on American families. They say the spending cuts will kill jobs across the nation. They say eliminating the handouts will lower our national GDP. They even say the cuts will cause thousands of 'premature deaths.' One frequently cited 'study' comes from an organization called Energy Innovation. They used a proprietary tool they call the 'Energy Policy Simulator' to project outcomes they think will come if the IRA’s green energy components are left in place. They claim the IRA 'could also create up to 1.5 million new jobs.' They also project that consumer energy bills will be $9 billion higher by 2035 if the green energy IRA handouts are repealed, which they say will
translate into an increase of $68 per year in the average American household. The problem though is hidden in the words that groups like Energy Innovation use to make their claims. Their numbers come from a 'simulator' based on 'models.' These jobs 'could' be created. The rise in energy prices is 'projected.' What does all that mean? It means their numbers aren’t real."

Free cash flow.

** OilPrice.com ([link removed])
(6/9/25) op-ed: "The upstream shale oil and gas sector has been written off by investors thanks to a 30% decline in oil prices since the first of the year. From near $80 in mid-January, tariff-led demand fears have overcome supply fears, and the price of WTI-the benchmark crude for most U.S. companies, to the upper $ 50s. Even a rebound into the low $60s has not yet assuaged these concerns, leaving them worried about their ability to generate cash for debt service and shareholder returns. That’s the fear. What is the reality? We now have a full quarter in the bank for these companies at subdued oil prices, and the message is becoming pretty clear. The upstream sector, while somewhat constrained in capital expenditure allocation—many companies are slowing their growth plans —is doing fine and generating more than adequate free cash to cover operational expenses, debt, and shareholder returns. This means there is an opportunity for investors to make long-term bets in these companies at
fire-sale prices."

The future of energy!

** The Daily Caller ([link removed])
(6/24/25) event: Join us Tuesday, June 24th from 8:30–10:00 AM on the Riggs Rooftop for an exciting morning of bold ideas and fresh perspectives. We'll have a range of speakers featuring voices from across the spectrum, streamed live for a national audience.

Energy Markets


WTI Crude Oil: ↓ $66.97
Natural Gas: ↑ $3.60
Gasoline: ↑ $3.13

Diesel: ↑ $3.51
Heating Oil: ↓ $217.56
Brent Crude Oil: ↓ $68.62
** US Rig Count ([link removed])
: ↓ 577



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