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DAILY ENERGY NEWS | 08/28/2025
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** The only thing green about wind power are the taxpayer subsidies.
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Wind power's dirty secret? Trump's energy secretary explains.
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** "The only way to scale up electricity output to handle increasing demand is through energy addition! We’re bringing common sense BACK to [the Department of Energy] and letting utility and data center developers build what makes sense ECONOMICALLY for them!"
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– Energy Secretary Chris Wright ([link removed])

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It's a great time to take the family for an end-of-summer road trip. Thank you for your attention to this matter.

** New York Post ([link removed])
(8/28/25) reports: "Labor Day gas prices are forecasted to be the lowest since 2020 — and the White House is celebrating. The average gas price across the country is predicted to be $3.15 per gallon, according to Gas Buddy — which is a notable 14 cents lower than in 2024. The last time gas was that low during the travel-heavy holiday was in 2021, when gas stood at $3.16 a gallon. In 2020, gas was $2.22 on average. 'Labor Day marks the unofficial end of summer, and when it comes to gas prices, it’s been the cheapest summer to hit the road since the pandemic, a trend that will likely continue with the potential for the national average to fall below $3 per gallon this fall,' said Patrick De Haan, head of petroleum analysis at GasBuddy."

Can you believe it's only been 7 months?

** Reuters ([link removed])
(8/27/25) reports: "U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden's climate and energy agendas. On his first day in office, Trump paused new leasing and permitting of wind energy projects on federal lands and waters pending a federal review. This marked a major shift in U.S. energy policy, which under Biden had been focused on decarbonizing the U.S. electricity grid by 2035. [On April 17] The Trump administration ordered construction to stop on Equinor's offshore wind project off the coast of New York, saying it had been approved without a thorough environmental analysis. A month later, Interior Secretary Doug Burgum allowed work to resume, in an apparent compromise with the state that would see cancelled plans for the Constitution natural gas pipeline from Pennsylvania to New York revived."

Here's a novel idea. How about we let the market decide the fuel mix.

** The Wall Street Journal ([link removed])
(8/27/25) reports: "The growing need for electricity to power artificial intelligence and massive data centers in the U.S. promises to usher nuclear energy into a new era of expansion, opening up opportunities for the industries that provide the fuel for the plants. The U.S. is the world’s top producer of nuclear power with 94 reactors in operation. The country pioneered nuclear energy for civilian use in the late 1950s, but now relies on other countries for most of the mining, conversion and enrichment of the uranium used to fuel the reactors. Most of the existing reactors were built between 1967 and 1990, according to the U.S. Energy Information Administration. Wider acceptance of nuclear energy among Americans who want cheaper, emissions-free electricity favors development of new nuclear stations, although the high cost and time they take to approve and build compares unfavorably with natural gas-fired or solar and wind power plants."

Energy Markets


WTI Crude Oil: ↑ $63.53
Natural Gas: ↑ $2.86
Gasoline: ↑ $3.21

Diesel: ↑ $3.71
Heating Oil: ↓ $228.26
Brent Crude Oil: ↑ $67.49
** US Rig Count ([link removed])
: ↑ 571



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