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DAILY ENERGY NEWS | 12/29/2025
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** New York should prioritize keeping kids warm, not pushing a political agenda.
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Fox News ([link removed]) (12/21/25) reports: "Parents in western New York are raising alarms over cold rides and breakdowns after officials mandated that all school bus purchases must be electric by 2027. Local outlet WIVB reported that the law has drawn the ire of parents in the Lake Shore Central School District. The station received 'several calls' over the electric buses, with parents claiming that their children are freezing when they come home from school. Per WIVB, the district operates 23 electric buses, 24 gasoline buses and four full-size diesel buses. 'The heaters on the bus run off the same electricity as the bus itself,' Scott Ziobro, a local parent, told WIVB. 'They were told that it drains the battery capacity of the bus itself.'"
[link removed]
** "If we just replace coal plants with LNG, that means the coal exit actually doesn’t lead to a green transition and merely shifts Korea’s addiction from coal to gas, which undermines the whole spirit of climate action."
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– Insung Lee, Greenpeace ([link removed])
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How low can you go?
** ([link removed])
US gas prices FALL to lowest point since 2021.
Finally, they admit that the market didn't want EVs.
** CNBC ([link removed])
(12/23/25) reports: "The U.S. automotive industry has entered a new phase for all-electric vehicles: realism. The industry was euphoric about the EV segment in the early 2020s, but consumer demand never took off as much as expected and, as it fizzled, automakers monitored and planned how to react. Now, they’re pivoting, as companies have wasted billions of dollars in capital, Detroit automakers are refocusing on large gas-guzzling trucks and SUVs, and many have admitted that policies, not consumers, were driving the charge for EVs. 'We evaluated the market, and we made the call. We’re following customers to where the market is, not where people thought it was going to be,' Ford CEO Jim Farley told CNBC last week."
All the more reason to use the abundance America has of natural gas and coal.
** RealClearEnergy ([link removed])
(12/26/25) article: "The latest PJM capacity auction cleared at the maximum allowed price—$333 per megawatt-day—and still came up short. Even at the price cap, the market could not buy enough power to meet PJM’s own reliability standard. Capacity auctions exist for one reason: to make sure the lights stay on when the system is under real stress. Not on a mild spring afternoon. On the worst day of the year—when demand peaks, equipment is strained, and weather is working against you. This auction tested that standard and found the system wanting. Capacity markets do not reward good intentions. They pay for performance when things go wrong. Power that runs when the grid is under stress earns full value. Power that depends on weather does not, because weather does not take orders. Batteries help, but only for so long. New plants cannot appear on command. For decades, coal, natural gas, and nuclear plants carried the system. They ran day and night. They showed up during heat waves and cold
snaps. They kept reserve margins healthy and prices stable. Policy choices accelerated their exit before replacements were ready."
Energy Markets
WTI Crude Oil: ↑ $58.06
Natural Gas: ↑ $4.59
Gasoline: ↓ $2.82
Diesel: ↓ $3.55
Heating Oil: ↑ $213.97
Brent Crude Oil: ↑ $61.94
** US Rig Count ([link removed])
: ↑ 574
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