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MORNING ENERGY NEWS | 8/14/2020
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** "There's no question I'm in favor of banning fracing."
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Western Wire ([link removed]) (8/13/2020) reports: "By picking U.S. Sen. Kamala Harris (D, Cal.) as his vice-presidential candidate, former Vice President Joe Biden is setting up a fight over fracking and the Green New Deal with western lawmakers. Members of Congress from several western states were quick to point out Harris’s anti-development record and to realize the implications of a Biden-Harris administration for domestic energy production. Montana Sen. Steve Daines (R) and Colorado Sen. Cory Gardner (R) both said the Harris pick would hurt energy producers in the West. 'Kamala Harris is as liberal as they come, and, as a top fundraiser and ally of Steve Bullock’s, if they’re elected in November they’ll be leading the charge for a radical, job-killing agenda,' Daines said in a statement. 'Kamala Harris wants to destroy over 230,000 jobs in Colorado,' Gardner tweeted, linking to a video where
Harris called for a fracking ban."
[link removed]


** "A sharp reduction in investment in energy infrastructure would make the economy poorer, and in the long run poorer is dirtier."
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– Benjamin Zycher, American Enterprise Institute ([link removed])

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Fighting climate change by producing 78 million metric tons of waste. Right...

** Grist ([link removed])
(8/13/20) reports: "Solar panels are an increasingly important source of renewable power that will play an essential role in fighting climate change. They are also complex pieces of technology that become big, bulky sheets of electronic waste at the end of their lives — and right now, most of the world doesn’t have a plan for dealing with that. But we’ll need to develop one soon, because the solar e-waste glut is coming. By 2050, the International Renewable Energy Agency projects that up to 78 million metric tons of solar panels will have reached the end of their life, and that the world will be generating about 6 million metric tons of new solar e-waste annually."

Another environmental armageddon bites the dust.

** Reason ([link removed])
(8/13/2020) reports: "'The Insect Apocalypse Is Here,' declared the stark New York Times headline in November 2018. The article focused on a 2017 German study that said the mid-summer levels of 'flying insect biomass' in 63 nature preserves had declined by 76 percent over 27 years. In a 2019 study in Biological Conservation, researchers warned that we might see 'the extinction of 40% of the world's insect species over the next few decades.' Big if true. Now a new study in Nature Ecology & Evolution offers some happier news: In the United States at least, the abundance and insect biodiversity trends are 'generally indistinguishable from zero.'"

Never let a good crisis go to waste.

** Reuters ([link removed])
(8/13/2020) reports: "European battery makers are gearing up to take advantage of massive 'green' stimulus packages unveiled since the coronavirus pandemic though many acknowledge it will be tough to match the Asian giants that dominate the mainstream market."

If you, or your organization, opposes a carbon tax, take a stand with us by adding your name to this list ** here (mailto:[email protected])
. We're expanding to include trade groups. And check out our ** Energy Freedom Resolution ([link removed])
as well.

** Click Here To Contact Us About Signing The Energy Freedom Resolution (mailto:[email protected]?subject=Energy%20Freedom%20Resolution%20Signatory)
** Individual Supporters ([link removed])
** Signatory Organizations ([link removed])

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: ↑ $42.27
Natural Gas: ↑ $2.20
Gasoline: ↑ $2.18

Diesel: ↑ $2.43
Heating Oil: ↑ $124.31
Brent Crude Oil: ↑ $44.99
** US Rig Count ([link removed])
: ↓ 280



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