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MORNING ENERGY NEWS | 08/07/2020
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** In the United States, where fewer EV models are available because government auto emissions regulations and incentives are more lax...
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E&E News ([link removed]) (8/7/20) reports: "Last night, the slipcover came off the Cadillac Lyriq, the first electric luxury car to be introduced by a traditional American automaker. It is targeted straight at the taillights of Tesla Inc...But GM's electric rival was clearly on executives' minds. How GM and other major carmakers compete with Tesla on range and price is a matter of high, even existential, stakes in the auto industry, depending on how regulators, automakers and drivers shape the auto market in the next decade...The question is whether Tesla's current, overwhelming lead in market share for EVs will continue to hold as other automakers introduce their models...In the United States, where fewer EV models are available because government auto emissions regulations and incentives are more lax, Tesla's lead is even more pronounced."


** "The biggest lift to domestic energy production would be if Congress would make permanent recent executive actions modernizing nearly 50-year-old regulations known as the National Environmental Policy Act (NEPA). Protecting the environment is vital and the streamlined regulatory review would accomplish that goal."
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– Stephen Moore, Committee to Unleash Prosperity ([link removed])

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Preview of the grid under a Green New Deal.

** AccuWeather ([link removed])
(8/6/20) reports: "Toppled trees and mass power outages plagued much of the Northeast on Wednesday after Tropical Storm Isaias tore inland a day earlier, spreading flooding rain, damaging winds and tornadoes along the Eastern Seaboard...Power outages had stretched from North Carolina into Maine, according to PowerOutage.US, as the impacts of the storm journeyed northward. Over 3.5 million customers were without power across 13 states by Tuesday night. New Jersey alone reported over 1 million customers without power."

There is no limit to the potential benefits Freedom Molecules could bring to the world.

** Epoch Times ([link removed])
(7/30/20) reports: "President Donald Trump announced on July 29 that export term limits for liquified natural gas (LNG) to non-free trade agreement countries have been extended through 2050. Trump also signed four presidential permits to approve pipeline and railway infrastructure at the border. The U.S. Department of Energy’s final policy statement allows LNG exports to be extended through 2050, Trump announced at Double Eagle Development, a shale oil and gas company in Midland, Texas. The policy change is a shift from the current protocol of granting 20-year export terms, the energy department noted in a statement. Secretary of Energy Dan Brouillette, who accompanied Trump to Texas, said the move is among several measures the energy department has taken to support U.S. LNG exports. 'Just this year, LNG exports from the United States will reduce our trade deficit by over $10 billion. Furthermore, LNG exports in the United States are providing tens of thousands of jobs and have led to the
investment of billions of dollars in infrastructure,' Brouillette said in a statement."

They are so confident that the facts are on their side that they must forcibly stop anyone from sharing a contrary viewpoint.

** Real Clear Energy ([link removed])
(8/4/20) column: "As America’s political middle ground gives way to sharp left-right divisions and even violence, there are winners and losers in the war on ideas. What in the recent past would have been considered up for debate, now shifts firmly into the 'settled science' category by those who are intolerant of differing viewpoints. In 2020, “winners” consist of those who control social media networks, of which a mere handful now have a stranglehold on the national conversation. Because these firms are primarily located in the ultra-liberal San Francisco Bay Area, their hiring pool has long consisted primarily of left-leaning employees...When it comes to climate change, Facebook has cared little for honest discussion and debate, instead tipping the scales in favor of alarmists. It has already banned site users from seeing and sharing factual content created by credentialed climate scientists. Even worse, in a recent open letter to former Denmark Prime Minister Helle Thorning-Schmidt, who
now co-chairs the company’s Oversight Board, leftist zealots want Facebook to go a step further. They claim that 'the integrity of the Oversight Board' is at risk unless they begin this troubled process again for opinion pieces that challenge the 'progressive' climate change orthodoxy."

If you oppose a carbon tax, please ** contact us and take a stand (mailto:[email protected]?subject=Carbon%20Tax%20list)
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Tom Pyle, American Energy Alliance
Myron Ebell, Competitive Enterprise Institute
Phil Kerpen, American Commitment
Andrew Quinlan, Center for Freedom and Prosperity
Tim Phillips, Americans for Prosperity
Grover Norquist, Americans for Tax Reform
George Landrith, Frontiers of Freedom
Thomas A. Schatz, Citizens Against Government Waste
Richard Manning, Americans for Limited Government
Adam Brandon, FreedomWorks
Craig Richardson, E&E Legal
Benjamin Zycher, American Enterprise Institute
Jason Hayes, Mackinac Center
David Williams, Taxpayers Protection Alliance
Paul Gessing, Rio Grande Foundation
Seton Motley, Less Government
Nathan Nascimento, Freedom Partners Chamber of Commerce
Isaac Orr, Center of the American Experiment
David T. Stevenson & Clint Laird, Caesar Rodney Institute
John Droz, Alliance for Wise Energy Decisions
Jim Karahalios, Axe the Carbon Tax
Mark Mathis, Clear Energy Alliance
Jack Ekstrom, PolicyWorks America

Energy Markets


WTI Crude Oil: ↓ $41.68
Natural Gas: ↑ $2.21
Gasoline: ~ $2.18

Diesel: ~ $2.42
Heating Oil: ↓ $124.14
Brent Crude Oil: ↓ $44.76
** US Rig Count ([link removed])
: ↓ 277



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