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DAILY ENERGY NEWS | 12/12/2025
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** It's time to build back better, for real this time.
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DC Journal ([link removed]) (12/11/25) reports: "'For years, our industry has been sounding the alarm that natural gas demand is rising faster than the infrastructure designed to move it. The cracks in the foundation of this affordable, reliable, secure energy system are showing — and they’re getting wider.' That was the warning from Toby Rice, CEO of EQT Corporation, at the December meeting of the National Petroleum Council (NPC), where the advisory committee released two reports addressing those cracks in America’s energy grid. One report proposes permitting reforms for a system increasingly incapable of keeping up with the need for new pipelines, expanded battery storage, and LNG export capacity...Institute for Energy Research President Tom Pyle noted that electricity generation from natural gas has grown more than any other source over the past decade, but permitting constraints make building pipelines nearly
impossible. 'The answer to not just energy problems, but infrastructure concerns across the board, is a full overhaul of our permitting system, including substantial reforms to the underlying statutes,' Pyle said. 'Our ability to tap into our natural resources, support our population, and grow into the future is hampered by a regulatory and permitting process designed to discourage investment. Lengthy and unpredictable federal permitting is slowing development and pushing costs higher for consumers and businesses alike. Speeding up approvals for pipelines, offshore projects, and other infrastructure is key to boosting energy security and keeping the U.S. competitive.'"
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** "Californians pay about a dollar more per gallon than other Americans because high taxes and heavy regulation—not Big Oil greed—drive up fuel costs."
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– Austin Gae, Heritage Foundation ([link removed])
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Governor Murphy declaring a State of Emergency to deal with the emergency his policies have created.
** NBC News ([link removed])
(12/11/25) reports: "A State of Emergency order has been issued as New Jersey is being faced with a disruption of service in distribution of propane for home and commercial heating. Announced Thursday by New Jersey Governor Phil Murphy, the State of Emergency went into effect at 9 a.m. on Friday. According to an executive order, a power outage at a gas refinery and industrial complex in Marcus Hook, Pennsylvania, back on Nov. 21, 2025, disrupted the routine flow of propane to motor carriers that help distribute propane throughout the region. The refinery is now only open on an intermittent basis, leading to increased wait times at propane truck terminals at the facility. It also increased traffic and wait times at major propane distribution facilities in other nearby states, including New Jersey. In order to expedite distribution, and provide an exemption on hours-of-service regulations concerning the transportation of residential fuel, Murphy has issued the State of Emergency. 'As
temperatures continue to drop, ensuring that every person has access to a safe, warm environment is essential,' Murphy said in a statement. 'I am declaring a State of Emergency to ensure that the approximately 186,000 New Jerseyans who rely on propane for home heating purposes can receive it without interruption. This Executive Order expands delivery capabilities to keep homes heated and families secure.'"
The greatest threat to Big Green, Inc. is shining a light on the outcomes of their mandates.
** News Break ([link removed])
(12/11/25) reports: "Imagine flipping on the heat only to watch your budget melt away faster than snow in spring. That’s the reality a new analysis from the Institute for Energy Research highlights, linking aggressive renewable energy mandates to electricity rates that outpace the national average by wide margins.mReleased just this week, the report titled “Blue States, High Rates: Policy Matters” dives into data showing how policies pushing for wind, solar, and other green sources are reshaping power markets. States with the strictest rules end up shouldering costs that red states largely avoid. It’s a bold claim, backed by comparisons of utility bills and policy timelines across the country...Picture this: in Texas, a reliably red state, the average residential electricity rate hovers around 14 cents per kilowatt-hour. Flip to blue-led California, and you’re looking at nearly 30 cents – more than double. The divide isn’t random. Reports point to renewable portfolio standards, which
require utilities to source a big chunk of power from non-fossil fuels by set deadlines. In blue states, these targets often hit 50% or more by 2030, forcing investments in intermittent sources that need backups like batteries, which aren’t cheap...Think about a family in Massachusetts cranking up the AC last summer – their bill jumped 15% year-over-year, partly tied to green incentives that subsidize renewables but raise baseline rates for everyone."
Play stupid games, win stupid prizes.
** Reuters ([link removed])
(12/11/25) reports: "The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources familiar with the matter said on Thursday. The seizure was the first interdiction of an oil cargo or tanker from Venezuela, which has been under U.S. sanctions since 2019. It came as the U.S. executes a large-scale military buildup in the southern Caribbean and as U.S. President Donald Trump pushes for Maduro's ouster. The latest U.S. action has put shipowners, operators and maritime agencies involved in transporting Venezuelan crude on alert, with many reconsidering whether to sail from Venezuelan waters in the coming days as planned, shipping sources said. Further direct interventions by the U.S. are expected in the coming weeks targeting ships carrying Venezuelan oil that may also have transported oil from other countries targeted by U.S. sanctions, such as Iran, according
to the sources familiar with the matter who declined to be named due to the sensitivity of the issue."
Energy Markets
WTI Crude Oil: ↓ $57.36
Natural Gas: ↓ $4.11
Gasoline: ↓ $2.93
Diesel: ↓ $3.66
Heating Oil: ↓ $220.01
Brent Crude Oil: ↓ $61.03
** US Rig Count ([link removed])
: ↓ 567
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