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DAILY ENERGY NEWS | 08/05/2025
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** The last episode of The Unregulated Podcast before the hosts' own August recess is now streaming on our website, or wherever you listen.
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** "We live on a planet where, all of a sudden, the cheapest way to make energy is to point a sheet of glass at the sun."
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– Bill McKibben, HEATED ([link removed])
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In 2003, 22 years ago, Chuck Grassley said the wind PTC was only needed for another 5 or 10 years.
** Politico ([link removed])
(8/4/25) reports: "Sens. Chuck Grassley (R-Iowa) and John Curtis (R-Utah) have placed holds on three of President Donald Trump’s nominees to the Treasury Department, a significant escalation of the battle between key Republican lawmakers and the administration over renewable energy tax breaks in the sprawling megalaw. The actions follow a so-far unsuccessful effort by a handful of Senate Republicans to meet with Treasury Department officials to express their unhappiness with the agency’s expected clampdown on wind and solar projects’ use of the tax credits. Trump ordered the restrictions in an executive order issued days after Congress enacted the law July 3 — much to the dismay of the senators whose yes votes had been crucial to getting the president’s top legislative priority through the Senate...The order called on Treasury to 'strictly enforce' the termination of the production and investment tax credits for wind and solar facilities, including by issuing new guidance related to when a
project is deemed to have begun construction — a potential outcome that Grassley and other GOP senators said they sought to safeguard against."
Save Our Birds!
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Administrator Zeldin gets the facts right because he does ** great interview prep. ([link removed])
** Townhall ([link removed])
(8/5/25) column: "Yesterday, CNN host Kasie Hunt pitched the question to Lee Zeldin and instantly regretted it. The administrator of the Environmental Protection Agency (EPA) noted that nothing broadcast before he was allowed to speak was remotely accurate to what the EPA is rescinding this week. When any Obama or Biden-era regulations are struck down because they’re hot policy garbage, the media freaks out. The network attempted to argue that the decision to rescind the 2009 Endangerment Finding could potentially contribute to global warming. What else is new?...Background on the 2009 Endangerment Ruling (via ** Institute for Energy Research ([link removed])
): 'Environmental Protection Agency (EPA) Administrator Lee Zeldin has announced a proposal to repeal the 2009 Endangerment Finding, a key legal basis for more than $1 trillion in federal climate regulations — including the Biden administration’s electric vehicle mandate. If finalized, the move would eliminate EPA climate regulations on motor vehicles and engines, restoring greater consumer choice in the auto market.'"
Energy Markets
WTI Crude Oil: ↓ $65.52
Natural Gas: ↑ $2.99
Gasoline: ↑ $3.16
Diesel: ↑ $3.73
Heating Oil: ↓ $227.81
Brent Crude Oil: ↓ $68.03
** US Rig Count ([link removed])
: ↓ 569
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