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DAILY ENERGY NEWS  | 08/29/2025
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Or is it fantasy?


E&E News (8/27/25) reports: "After seeing Republicans gut their signature climate law, Democrats have embraced a strategy they think will make the GOP pay in next year’s midterm elections. During the August recess, Democratic lawmakers have used town halls, press conferences and social media posts to hammer home that President Donald Trump’s One Big Beautiful Bill Act phases out a host of energy incentives from the 2022 Inflation Reduction Act. They say that — and the administration’s hostility toward wind and solar — are beginning to show up in consumers’ utility bills...Tom Pyle, president of the conservative Institute for Energy Research, pointed to relatively flat energy prices over the last decade despite the rapid addition of renewables to the grid. He also said the intermittent nature of renewables means they are inherently less valuable. 'It must be nice to be a Democrat, to turn around and try to blame Republicans for years of their own bad energy policy,' Pyle said. 'The fact of the matter is that managing intermittent renewables and the closure of fossil fuel plants is what is driving prices up.'...Pyle said data centers need the baseload, at-the-ready generation that Trump-supported energy sources like natural gas and coal provide. He did, however, point out that Republicans will have to focus intensely on countering Democratic blame for high energy prices in the coming months. 'Republicans have to absolutely communicate effectively that this is the Biden and Obama administrations’ problem,' Pyle said. 'Voters have a tendency to blame the people in charge.'"

"Policymakers should also reassess state-level incentives for wind and solar electricity generation to ensure they align with actual performance and do not inadvertently increase costs or reduce grid stability." 

 

– Tim Benson, Heartland Institute

It would be much easier if the government got out of the blending business all together.


DTN (5/22/25) reports: "The Trump administration granted full small-refinery exemptions on 63 petitions to the Renewable Fuel Standard, while granting partial exemptions on 77 petitions and denying 28 petitions, the U.S. Environmental Protection Agency announced on Friday. In addition, the EPA announced it will be releasing a proposed rule to reallocate gallons exempted from 2023 and later years. The agency said it determined that seven SRE requests were ineligible. This means the EPA still has 57 total exemption requests pending. 'EPA does not plan to propose reallocation of any of the exempted volumes for any SREs from 2016 to 2022 in light of the limitation on their potential use,' the agency said in a news release."

American LNG: Molecules of peace.


Oil Price (8/26/25) reports: "When a swarm of 39 Russian drones attacked a compressor station in southern Ukraine this month, it was a sign of how Russia has shifted the focus of its attacks on Ukraine’s energy infrastructure. The attack came less than two weeks after Ukraine signed a deal to buy natural gas from Azerbaijan for the first time. The target was critical for importing the fuel from southern Europe along the Trans-Balkan corridor and into the country. It was the latest in a series of attacks on Ukraine’s natural gas infrastructure this year, a sharp departure from the first three years of the war when Moscow focused on crippling the country’s electric power grid...That Russian strategy has increased the urgency for Kyiv to import and diversify suppliers. Aside from Azerbaijan, Kyiv has also signaled interest in buying US LNG, a politically sensitive move as President Donald Trump has made LNG exports a signature issue and has pressed Ukraine to reimburse the United States for military aid."

All within the bounds of Paris.


Deutsche Welle (8/25/25) reports: "China burned more coal at power plants between January and July of 2025 than at any time since 2016, despite massive renewable capacity, according to new environmental research report. The report — published by the Center for Research on Energy and Clean Air (CREA), a Finland-based independent air-quality research organization; and Global Energy Monitor (GEM), a US-based energy analytics company — says China put 21 gigawatts (GW) of coal power online in the first six months of 2025. That is the highest six-month level in nine years. The CREA/GEM report also cites new construction and re-firing of existing coal plants totaling 46 GW and proposed projects with the capacity to produce a further 75 GW. Total projected coal plant output is forecast to hit between 80-100 GW in 2025. Coal currently accounts for half of China's energy production, down from three-quarters in 2016. China, the world's second-largest economy, is also the world's largest greenhouse gas emitter."

Energy Markets

 
WTI Crude Oil: ↓ $64.40
Natural Gas: ↓ $2.94
Gasoline: ↓ $3.20
Diesel: ↓ $3.70
Heating Oil: ↓ $228.55
Brent Crude Oil: ↓ $68.24
US Rig Count: ↑ 566

 

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