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DAILY ENERGY NEWS  | 08/08/2025
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Trump 2.0 is working on unleashing America's energy potential at a breakneck pace.


Fox News (8/7/25) reports: "President Donald Trump notched his 200th day back in office Thursday, with the administration celebrating a lengthy list of wins across its latest chapter of actions and policies unfolding at a breakneck pace. 'In just 200 days, President Trump has turned America into the hottest country in the world,' White House spokeswoman Taylor Rogers told Fox News Digital. 'Under Joe Biden’s failed leadership, families and businesses were struggling, and America was dead — but President Trump has quickly restored American greatness. The historic trade deals and peace deals he secured on behalf of the American people made President Trump’s second 100 days just as successful as the first.'...The White House touted that the administration across the board has seen big wins involving immigration, the economy and trade, education, foreign policy, bilateral meetings, strides in the AI race, unleashing energy initiatives and releasing bombshell details on the Russia hoax from the Obama era in the past 100 days. "

"By removing regulatory risks to innovation and investment, repeal of the endangerment finding should help foster a more climate-resilient economy." 

 

– Marlo Lewis, Jr.,
Competitive Enterprise Institute

Team Trump has taken hundreds of actions unleashing American energy, but it won't amount to much if Congress refuses to pass permanent permitting reform.


Real Clear Investigations (8/6/25) article: "On July 11, Energy Secretary Chris Wright and Wyoming’s top elected officials were in the Cowboy state celebrating something that last happened when Dwight Eisenhower was president and the Brooklyn Dodgers won the World Series: The United States opened a rare earth mine. Ramaco’s Brook Mine in Ranchester, Wyoming, is the first such domestic mine in 70 years. The Trump administration is touting it as part of a critical effort to free the U.S. from China’s stranglehold on the minerals and elements that are essential components in products ranging from smartphones and electric vehicles to advanced medical devices, oil refining, and missile guidance systems...But unshackling American mining could prove to be neither swift nor certain. Today, the timeframe for mining permits is already so long that even cutting it in half would push new ribbon cuttings beyond the end of Trump’s second term...All told, despite the mining push of the Trump administration and moves to reduce regulations to create more certainty for investors, the future pace and success of rare earth extraction in the U.S. remains decidedly uncertain."

A paper so shockingly fraudulent the U.N. had no choice but to cite it.

Big Green, Inc. will destroy your quality of life only to demand more of your money for their "fix."


E&E News (8/7/25) reports: "The residents of Lake Havasu City, near Arizona’s western border, knew their electricity bills would go up. Their utility — UniSource — had gotten approval from state regulators for its first rate increase in seven years to take effect in 2024. The projected $14 monthly bump was designed to cover the much-needed cost of upgrading infrastructure and building a cleaner grid to deliver more power to more people in increasingly hot summers. But when residents started seeing triple-digit increases on their summertime bills, Mayor Cal Sheehy thought there must be a problem. A movie theater’s $12,500 bill for just one month of power made the front page of the local newspaper.Those hefty bills — which UniSource has said reflects seasonality and how individuals use electricity, not improper rates — have captured the attention of state officials, including the attorney general...Ormond said that affordability and reliability can only come through building more renewables, since they are essentially free to run and can come online faster than a new gas plant. Studies have shown that wind and solar paired with battery storage is increasingly cost competitive with a new gas plant."

Energy Markets

 
WTI Crude Oil: ↑ $64.10
Natural Gas: ↓ $3.04
Gasoline: ↓ $3.15
Diesel: ↓ $3.73
Heating Oil: ↑ $229.83
Brent Crude Oil: ↑ $66.74
US Rig Count: ↓ 567

 
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