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MORNING ENERGY NEWS | 9.9.2019
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** For your generous in-kind donation to the Trump 2020 campaign.
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Reason ([link removed]) (9/5/19) reports: "Last night's 'Climate Town Hall' on CNN wasn't just long (seven hours!). It was deeply revealing about how Democratic presidential candidates think about government's power to regulate virtually all aspects of human behavior and how they approach policy and cultural change. The Democratic contenders have laid out plans costing anywhere from about $1 trillion (Pete Buttigieg) to $16 trillion (Bernie Sanders) in direct federal spending on climate change over the next decade. About half of the candidates have endorsed the Green New Deal proposed by Rep. Alexandria Ocasio-Cortez (D–N.Y.) and Sen. Ed Markey (D–Mass.), which could cost as much as $90 trillion to implement. As important as any specific policy or position outlined last night were the general attitudes that were widely shared by the participants. A number likened fighting climate change to the effort to win World War II, a
metaphor that perhaps says more about their comfort with regimenting society than the speakers intended. During World War II, all industrial production was overseen by the federal government, food and fuel were rationed, and civil liberties were sharply curtailed in the interest of defeating the Axis powers."


** "When forced upon the public by the federal government, [light bulb] regulations drive prices higher, impede innovation, and restrict consumer freedom—all for an insignificant impact on climate."
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– ([link removed]) N ([link removed]) icolas Loris, Heritage Foundation ([link removed])

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If you gaze long into the swamp, the swamp will gaze back into you.

** E&E News ([link removed])
(9/6/19) reports: "The Bureau of Land Management's Washington, D.C.-based staff ripped into senior leaders during a closed-door meeting yesterday to discuss the proposal to relocate BLM's headquarters to Colorado, expressing strong opposition to the move and frustration at the lack of information shared with them on the plan. The more than hourlong meeting yesterday inside a packed conference room at BLM's Washington headquarters featured some fiery responses from D.C. staffers aimed at William Perry Pendley, the bureau's acting director, according to an audio recording of the meeting obtained by E&E News. Not one of the more than 200 employees present expressed support for the move, exposing the true feelings of BLM's Washington staff about the proposal announced in July and authorized by Interior Secretary David Bernhardt. Some employees wore black at the meeting as a show of protest."

We are moving beyond satire.

** Big Think ([link removed])
(9/8/19) blog: "Is it Halloween already? A Swedish scientist has caused a stir by advocating that in order to stem the ill effects of climate changes, humans need to start eating each other. Of course, he's not calling for all-out cannibalism like it used to be practiced throughout history. Rather he thinks that if we just get over some very obvious taboos, we might consider eating human corpses. While talking about the Gastro Summit focused on 'food on the future' on Swedish TV, the behavioral scientist and marketing strategist Magnus Söderlund from the Stockholm School of Economics proposed that in order to truly take on the effects of climate change, we must 'awake the idea' that eating human flesh should be discussed as an option in the future. Söderlund used his tv interview on the State Swedish Television channel TV4 to give a powerpoint presentation entitled 'Can you Imagine Eating Human Flesh?' It included such topics as 'Is Cannibalism the solution to food sustainability in the
future?' and 'Are we humans too selfish to live sustainably?'"

Rest assured, you aren't the problem, they are.

** National Review ([link removed])
(9/6/19) reports: "This week, Democratic candidates held forth on the environment and humanity’s role in despoiling it. What struck me was the focus on our consumer choices. 'From using a straw to eating a burger, am I part of the problem?' Pete Buttigieg asked. 'In some ways, yes.' Lifestyle choices still loom large in the environmental debates of our time...So one impulse in lifestyle environmentalism is to make more basic modern commodities and goods more expensive — more like luxury goods. That way fewer of them will be produced. The externalization of costs onto the future will be disrupted by being priced in, somehow. The Prince Williams and Pete Buttigiegs of the world will likely not have to reduce their consumption. New, sin-style taxes on unclean energy and more stringent regulation of beef will be navigated rather easily by the rich. They can afford to be ‘minimalist’ and buy experiences, can’t they? Meanwhile these same measures drive the less fortunate to look for yellow
vests, pitchforks, or at least the nearest populist running for office. "

Energy Markets


WTI Crude Oil: ↑ $56.87
Natural Gas: ↑ $2.52
Gasoline: ↓ $2.56

Diesel: ↓ $2.92
Heating Oil: ↑ $191.06
Brent Crude Oil: ↑ $61.88
** US Rig Count ([link removed])
: ↑ 924



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