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MORNING ENERGY NEWS  |  09/22/2020
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How could they possibly know what is best for them? After all, they just live there.


Must Read Alaska (9/19/20) reports: "Pebble Mine is just weeks away from clearing the last hurdle to a federal permit − after nearly two decades of scientific, engineering and environmental studies, and wading through the permitting process.  It reached this point despite well-organized and massively-funded opposition from Outside special interests that have done everything in their power to block the permit. Across the country, many believe that those behind the opposition are grassroots environmentalists, unbiased experts, local fishermen, and Native American Indians. But virtually none of them are who they appear to be. Attempting to mislead the public with huge media campaigns repeating the same scary sounding claims and misinformation, and efforts to stop the mine permit with an army of lawyers, their goals have nothing to do with the mine itself or saving the environment...Most closely impacted by the proposed mine are the indigenous villages of Iliamna, Newhalen, and Nondalton in the Lake and Peninsula Borough, followed by the Bristol Bay Borough. This area is home to about 2,500 people, whose voices, drowned out by outsiders, have seldom been heard by the general public. A small mine with extraordinary consequences, the Pebble Mine story is the people’s story. In this series, we’ll search for the real story, not the ones others may want us to believe. "

"California’s wildfires are serious, and steps should be taken to see human lives and infrastructure are spared from them. But the idea that America is witnessing an unprecedented apocalypse of fire is simply not true."

 

– Jon Miltimore,
Foundation for Economic Education

What went wrong in CA, and could go wrong in your state, explained.

Where have I heard "stabilize population growth" before?


Daily Mail (9/19/20) column: "Our planet is facing an unprecedented challenge. As I warned last week, we are living in the shadow of a disaster – and it is one of our own making. Just like the people who lived by the doomed nuclear reactor at Chernobyl, we are on the verge of destruction. By regarding the Earth as our planet, run by humankind for humankind, we have already wrought untold damage. Humans have destroyed half of the rainforests, replaced wilderness with settlements and farmland and caused an apocalyptic decline in plant, animal and insect species...What has brought us to this moment of desperation? I believe it is our hunger for perpetual economic growth. This one goal has dominated social, economic and political institutions for the past 70 years. And the result is that we are enslaved to crude measurements of our gross domestic product (GDP)...When I was born, there were fewer than two billion people on the planet. Today there are almost four times that number. We want everyone on Earth to have a fair share, and that means we need to both lower consumption and find ways to stabilize our population growth."

Another day, another of Biden's crew stopping American infrastructure...


E&E News (9/22/20) reports: "The Center for Biological Diversity and the Sierra Club are suing the Trump administration for greenlighting a liquefied natural gas export project on Alaska's North Slope. The conservation groups say the Federal Energy Regulatory Commission violated the National Environmental Policy Act when it approved Alaska Gasline Development Corp.'s bid to build the LNG project earlier this year. They contend that FERC didn't evaluate the climate and environmental impacts of the project, or how it would affect endangered species like polar bears, Cook Inlet beluga whales and North Pacific right whales. The groups called the scale of the project 'unprecedented' in their request for rehearing to FERC, which the commission denied in June."

Bless their hearts.


Bloomberg (9/21/20) reports: "European planemaker Airbus SE unveiled three designs it’s studying to build hydrogen-powered aircraft as it races to bring a zero-carbon passenger plane into service by 2035. The approaches include a turbofan jet with capacity for as many as 200 passengers -- similar to its A321neo narrow-body -- that can fly more than 2,000 nautical miles, according to a statement Monday. It would be powered by a modified gas-turbine engine running on hydrogen. The manufacturer also showed a design for a propeller plane which would seat about 100 passengers for smaller distances, and a flying-wing concept with 200 seats. Hydrogen is becoming an increasing area of focus for Airbus as it evaluates technologies for emission-free flight. The company is under pressure from the French and German governments, its biggest shareholders, to speed development of new aircraft after aiding the planemaker during the coronavirus crisis. Together, the two countries have committed some 2.5 billion euros ($2.9 billion) toward cleaner propulsion." 

Energy Markets

 
WTI Crude Oil: ↑ $39.90
Natural Gas: ↑ $1.88
Gasoline: ~ $2.18
Diesel: ↑ $2.40
Heating Oil: ↑ $111.09
Brent Crude Oil: ↑ $41.94
US Rig Count: ↑ 297

 

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