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MORNING ENERGY NEWS | 09/18/2020
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** The public deserves to which politicians are actually fighting for affordable energy.
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E&E News ([link removed]) (9/17/20) reports: "The Great American Outdoors Act may be the most consequential environmental legislation signed into law during the Trump presidency, but it's also serving as a drag for Senate Republicans on a free-market energy group's latest ranking of energy votes. Of the 28 Republican senators who voted for the bill, H.R. 1957, signed into law in August by President Trump, 25 received 67% scores on the voting scorecard released yesterday by the nonprofit American Energy Alliance (AEA). Sen. Kelly Loeffler (R-Ga.), who replaced Johnny Isakson (R-Ga.) in January and supported the bill, is not included on AEA's tally. Sen. Lamar Alexander (R-Tenn.), who backed the outdoors act but missed another key vote, received a 50%, while Sen. Susan Collins of Maine received a 33% score. By contrast, the 25 Republicans who opposed the bill received perfect 100% scores from the group, which has financial ties to the Koch
network and has long espoused free-market principles in energy and environmental policies. This year's scorecard, which covers the 116th Congress, may be a reflection of the lack of Senate floor debate on major energy proposals."


** "Whether it’s climate change or whether it’s not climate change, how stupid is it to leave this tinder there to just create infernos?"
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– John Cox, Change-CA ([link removed])

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Some people actually pay for this kind of insight, but Tom Pyle and Mike McKenna are giving it away...

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They're not even trying to hide it anymore.

** The Federalist ([link removed])
(9/17/20) column: "Wildfires have long been a natural part of the west coast’s ecosystem, but what we’ve seen over the past decades, especially in the last few years, is on a scale not seen since the raging infernos of the early 20th century. The nearly 900,000 acres burning in Oregon have forced at least 10 percent of the state’s population from their homes. According to CAL FIRE, six of the Golden State’s 20 largest blazes in history have occurred this year alone. The largest so far, called the August Complex Fire, has scorched more than 750,000 acres and was only 30 percent contained as of Monday. Right now, the Pacific states look like something out of the Book of Revelations. You’ve seen the pictures — thousands of homes engulfed in flames and glowing red skies so thick with ash it makes Beijing’s air look pristine by comparison. Of course, the ultimate tragedy is at least 33 lives lost from these wildfires. But where most Americans see tragedy, Democrats see a political opportunity.
Former President Barack Obama tweeted this last week: 'The fires across the West Coast are just the latest examples of the very real ways our changing climate is changing our communities. Protecting our planet is on the ballot. Vote like your life depends on it—because it does.'"

** ([link removed])

It's all about brand awareness for Elon.

** Forbes ([link removed])
(9/16/20) column: "Tesla is preparing for a big event next week. On September 22, at 4:30 pm eastern, Tesla will live stream its Battery Day in conjunction with its annual meeting. Car and Driver expects that Tesla will announce a battery that can be used for one million miles, information about battery range, information about reducing the use of cobalt in batteries, and cost reduction for batteries. This all sounds fantastic, but we must wonder: Are these innovations and advancements really Tesla's to tout since Tesla still cannot manufacture batteries of its own? Should Tesla or any electric vehicle (EV) maker be credited for the electric part of the vehicle if it does not manufacture the heart of that EV?...The splashiest EV companies do not provide their own batteries. In other words, they don’t provide the electric part of the electric vehicle. Yet, they get all the credit for it. GM and Panasonic and other battery makers need to do a better job of promoting their work, and we need
to consider who will really dominate the industry if EV’s take over. Will it be the name brand or the company that can build the hearts of the machines?"

Now imagine this with EV batteries.

** Bloomberg ([link removed])
(9/16/20) reports: "Remember those colorful mountains of metal in China after its bike-sharing boom went bust in 2017? Ever wondered what happened to them? Here’s how you recycle bicycles. The bike-sharing craze in China five years ago sucked in billions of dollars of investors’ cash and clients’ deposits that start-ups spent on millions of new bikes in an effort to grab market share. When the inevitable collapse came, most of the companies went bankrupt, leaving city authorities having to pay to clean up the mess. 'When the new industry was seen as profitable, everyone jumped in to share a piece of the cake’ said Yang Tengfei, vice general manager of China Recycling Resources Co., which works with the companies on recycling. 'Capital flew in but management lagged behind, leaving an industry full of problems.' The sheer volume of abandoned bikes is overwhelming. One government unit estimates there were as many as 20 million shared bikes in use in 2017. Xiaoming, just one of the 60 or so
bike-sharing app companies that went bust, left 430,000 of them across more than 10 cities. One of the biggest heaps in central Shanghai had 30,000 abandoned bikes, according to Xinhua."

If you oppose a carbon tax, take a stand and ** contact us. (mailto:[email protected])

** ([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: ↓ $40.35
Natural Gas: ↓ $1.97
Gasoline: ~ $2.18

Diesel: ~ $2.40
Heating Oil: ↓ $114.38
Brent Crude Oil: ↓ $42.54
** US Rig Count ([link removed])
: ↑ 289



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