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MORNING ENERGY NEWS  |  10/09/2020
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No matter how many times the media cover for Biden & Harris on their fracking position, anyone with access to YouTube can find the truth. At least for now.


Wall Street Journal (10/8/20) column: "The Plexiglas at Wednesday’s vice-presidential debate made for some strange reflections. Squint hard enough, and you might even have seen the ghostly image of the evening’s third, silent participant: Bernie Sanders. Debates rarely produce clear winners, though they often produce clear wins. Vice President Mike Pence’s victory of the evening was successfully exposing for viewers who is really running today’s Democratic Party. And give him credit. Just three weeks from an election, not one member of the Beltway media, including the debate moderators, has been willing to challenge Joe Biden on his leftward lurch. It was left to Mr. Pence to take the Bernie wraps off...Which is why every Pence exposé of Biden plans left Ms. Harris responding with half-truths or nonanswers. Nowhere was this more on display than the vice president’s deep dive into the Biden energy plan, which has become a problem for a Democrat in search of blue-collars workers in states like Pennsylvania. 'The both of you repeatedly committed to abolishing fossil fuel and banning fracking,' stated Mr. Pence. 'That’s not true,' retorted Ms. Harris. But it is true, and Mr. Pence was able to provide the citations. 'You yourself said on multiple occasions when you were running for president that you would ban fracking. Joe Biden looked his supporter in the eye and pointed and said: "I guarantee, I guarantee, that we will abolish fossil fuels."' This is a clip any novice YouTuber can easily find."

"Governments around the globe are milling about like dazed donkeys in the middle of the road. But they need to get out of the way and allow progress to take place, and the ethic of capitalism allows the private sector to take positive action in confronting this problem by itself."

 

– Jason Reed, Real Clear Energy

Sooner or later the greens are gonna have to face the reality that they're actually gonna need Congress to skin this cat.


E&E News (10/9/20) reports: "A federal judge last night found that the Bureau of Land Management under the Obama administration overstepped its authority with its efforts to regulate emissions of methane, a potent greenhouse gas, from oil and gas operations on federal and Indian lands. The decision from the U.S. District Court for the District of Wyoming comes less than three months after a separate bench struck down the Trump administration's attempt to repeal the Obama-era methane rule, which sought to curb natural gas wasted through practices such as venting and flaring. Chief Judge Scott Skavdahl found yesterday that the agency under Obama's tenure did not adequately explain the rule's capture requirements and 'acted arbitrarily and capriciously in failing to fully assess the impacts of the Rule on marginal wells.' BLM's 'unexplained and unsupported change in its long-standing policy regarding application of its regulations on State and private mineral interests further renders the Rule arbitrary and capricious,' wrote the judge, who was appointed during the Obama administration. With the 2016 rule wiped from the books, the agency will have to treat methane waste from oil and gas production as it did prior to the Obama regulation. Methane is the chief component of natural gas."

Have fun with this when you are heading up into the mountains. 


Denver Post (9/30/20) reports: "Gov. Jared Polis’ draft plan to drastically cut greenhouse gas pollution in Colorado calls for an accelerated move to electric vehicles and buses, deep reductions of methane emissions from the oil and gas industry and at least an 80% drop in emissions from electricity generation. The plan released Wednesday for public comment aims to cut greenhouse gas pollution by more than a quarter of 2005 levels in the next five years and cut it in half by 2030. Beyond that, Polis’ plan calls for 'close to 100%' of the vehicles on Colorado’s roads in 2050 to be electric. This news comes as National Weather Service officials warned Front Range residents Wednesday morning to avoid outdoor activity and to keep their windows closed because the air quality — largely due to the massive and ongoing wildfires — is so poor."

Big Green, Inc. strikes again.


Real Clear Energy (10/7/20) column: "As demand for minerals skyrockets in our tech-centered economy, U.S. dependence on foreign supply from nations such as China has doubled over the last 25 years, a situation that leaves us extremely vulnerable to trade tensions or global hostilities. Confounding the situation is that America has more than ample resources within our borders to be almost completely independent of foreign imports, but environmental activists on the national and local level have denied us this moment through a radical zero-tolerance stance on mining that rejects even the most beneficial and advantageous projects...By all measures Stibnite represents the ideal economic undertaking...Amid the most severe economic downturn of our lives, it’s a shovel-ready economic bolt from the blue. But the radical environmentalists are having none of it. Funded by the deep pockets of national 'green' organizations zealously opposed to anything related to mining, they are wholly prepared to eliminate the enormous economic and environmental benefits of this project merely to make an ideological point. And Stibnite is far from an isolated incident; the same blueprint of protests and court battles is underway in opposition to the Pebble Mine in Alaska, making good on their threats that no mining, energy, or exploration project will go unchallenged." 

If you oppose a carbon tax, take a stand and contact us.
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: ↓ $41.08
Natural Gas: ↑ $2.77
Gasoline: ~ $2.18
Diesel: ~ $2.28
Heating Oil: ↓ $119.01
Brent Crude Oil: ↓ $43.22
US Rig Count: ↑ 317

 
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