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DAILY ENERGY NEWS  | 08/14/2025
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If only misguided supporters of wind tax credits would blow away.


Wall Street Journal (8/13/25) opinion: "Enter Sens. Grassley and Curtis, who have put holds on Treasury nominees Brian Morrissey Jr. (general counsel), Francis Brooke (assistant secretary) and Jonathan McKernan (under secretary) to pressure the department to write a broad rule that lets projects qualify even if they haven’t, well, begun construction. 'During consideration of the One Big Beautiful Bill Act, I worked with my colleagues to provide wind and solar an appropriate glidepath for the orderly phase-out of the tax credits,' Mr. Grassley says. 'This is a case where both the law and congressional intent are clear.' His colleagues from less windy states who fought to end the subsidies would beg to differ. The renewables lobby wants to preserve the Obama IRS rules that loosely defined 'begin construction' to enable renewable developers to qualify for credits as long as they have spent 5% of a project’s total cost before the subsidies’ scheduled expiration. Merely buying a piece of construction equipment might count—even if it’s not specifically for the project."

"[DOI is] fully committed to making sure that offshore energy development reflects President Trump’s America First Energy Dominance agenda and the real-world demands of today’s global energy landscape." 

 

– Interior Secretary Burgam

Could oil and coal be a match made in heaven?


News From The States (8/13/25) reports: "North Dakota Sen. John Hoeven urged the state’s coal and oil industries to work together to thrive in the long term and meet the increasing demand for energy. Hoeven on Wednesday touted an effort to have the state’s coal plants supply carbon dioxide to the oil industry to help improve the productivity of oil wells and extend the life of coal-fired power plants. 'Today is about linking our coal plants and the Bakken,' Hoeven said, referring to the Bakken shale formation that has helped make North Dakota the nation’s No. 3 oil-producing state. Hoeven hosted U.S. Energy Secretary Chris Wright at the Energy and Environmental Resource Center in Grand Forks, which performs research for the coal and oil industries."

Thank you, New York, for proving how absurd the green agenda is.


Manhattan Contrarian (8/11/25) opinion: "It was in July 2019 that New York State adopted its Climate Leadership and Community Protection Act. Our Legislature and Governor (it was Andrew Cuomo at the time) had officially designated us as the climate “leader,” here to show the unsophisticated rubes and provincials in the rest of the country how a small application of political will could transform our electricity system from majority fossil fuels in 2019 to 70% 'renewables' by 2030 and 100% 'zero-carbon' by 2040. Now six years into the eleven available to meet the 2030 mandate, we actually get less of our electricity from zero-carbon sources than we did in 2019. The reason is that the large (2 GW) Indian Point nuclear plant was forced to close under pressure from environmentalists, to be replaced by two natural gas plants of approximately the same total capacity. Meanwhile the vision of massive amounts of power from the wind and sun has barely gotten off the ground; and in particular the vision of vast offshore wind capacity has essentially died with the withdrawal of federal support by the Trump administration. So what is the plan from here forward? The short answer is that there is no plan, or at least nothing remotely close to a credible plan."

Come on, California, not again.


Fox News (8/11/25) reports: "The House Committee on Energy and Commerce wrote to Sacramento that it is 'concerned about reports that California, and other jurisdictions who have adopted California standards for which waivers of preemption have been granted, are enforcing preempted vehicle emission regulations in violation of the Clean Air Act.' Earlier this year, Congress used the Congressional Review Act to nullify Biden-era waivers granted by the Biden EPA to California, allowing them to implement stricter standards than the federal government. 'The Committee has been made aware that CARB staff is denying auto manufacturers approval to bring vehicles to market unless the manufacturers agree to comply with the preempted regulations,' the committee continued. Rep. Brett Guthrie, chair of the House Energy & Commerce Committee, a Republican, told Fox News Digital that the law is clear that the Golden State must end its 'de-facto EV mandate.' The committee acknowledged a lawsuit against the recissions from California Attorney General Robert Bonta remains ongoing, but that the intermission does not allow the state to continue enforcing mandates under the nixed waivers."

Energy Markets

 
WTI Crude Oil: ↑ $63.53
Natural Gas: ↓ $2.82
Gasoline: ↑ $3.16
Diesel: ↑ $3.71
Heating Oil: ↓ $223.75
Brent Crude Oil: ↑ $66.48
US Rig Count: ↓ 566

 
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