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MORNING ENERGY NEWS | 12/23/2020
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** It's time for POTUS to send Paris to the Senate, too.
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Washington Examiner ([link removed]) (12/22/20) reports: "Getting documents out of a government agency is a heavy lift. That's what the nonprofit organization Energy Policy Advocates aims to do in a Freedom of Information Act lawsuit, seeking State Department documents that describe how the Obama administration circumvented the Constitution to join a United Nations climate treaty. A joint status report filed earlier this month suggests something of a “deep state” effort could be underway to delay the release of any such documents until after Joe Biden becomes president. For reference, Inauguration Day is Jan. 20. In response to the suit, which was filed in November 2019, the State Department indicated it does not expect to begin releasing any of the requested documents until Jan. 26 and has proposed a deadline of Feb. 9 for another joint status report filed with the
U.S. District Court for the District of Columbia. Energy Policy Advocates has rejected the Jan. 26 deadline for the initial release of documents. The State Department, in turn, has rejected a proposed compromise date from the plaintiffs of Jan. 19 for the department to begin releasing documents and of Jan. 29 for a new joint status report."


** "[Biden] doesn’t want to get us thinking about climate change, but rather to suspend all rational thought about the issue — especially about the downsides of costly measures to crimp the U.S. economy in the name of saving the planet. In short, he needs a crisis atmosphere, the facts and science be damned."
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– Rich Lowry, National Review ([link removed])

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Ready to 'serve' the climate agenda.

** E&E News ([link removed])
(12/22/20) reports: "As President-elect Joe Biden showcased his latest round of Cabinet nominees Saturday, New Mexico Rep. Deb Haaland (D) asserted she is 'ready to serve' at the helm of the Interior Department. But House Democratic leaders want her to cool her heels a bit. House Majority Whip Jim Clyburn (D-S.C.) and others are encouraging the Biden administration to delay sending nominations — including those of Haaland and Ohio Rep. Marcia Fudge (D), who has been named to lead the Department of Housing and Urban Development — to Capitol Hill, perhaps until after a March special election to replace Louisiana Rep. Cedric Richmond (D)...It remains to be seen whether the Biden administration will be swayed by Clyburn's arguments...Numerous stakeholders in the Interior Department, who did not want to speak on the record, doubted the incoming administration would hold up its top officials for months — particularly as it looks to unwind regulatory and other changes implemented by the Trump
administration...But from Pyle's perspective, delaying the nomination would be beneficial: He said that Biden's campaign promises would "lead to disastrous consequences for oil and gas producers, coal miners, ranchers and those who enjoy using motorized vehicles for recreation." "It would be a bonus because the goal here will be to try to delay as much of this as possible because the midterms are right around the corner," Pyle added, suggesting that the Biden administration and Democrats may need to ease off the gas ahead of the 2022 midterm elections. "That's the downside for them to not move expeditiously."

All cost, no payoff.

** Epoch Times ([link removed])
(12/22/20) reports: "If Pennsylvania joins a multistate climate change agreement that restricts carbon dioxide emissions, energy prices will increase and jobs will be lost in response to new regulatory burdens that won’t produce any environmental or health benefits, according to public policy analysts who took part in virtual public hearings earlier this month. The Regional Greenhouse Gas Initiative, also known as RGGI, is a 'cap and trade' agreement among 10 New England and Mid-Atlantic states that requires power plants to purchase permits to emit CO2. The participating states set a regional cap on the amount of emissions that is permissible. But power plants can purchase and trade emissions allowances during quarterly auctions. Gov. Tom Wolf, a Democrat, took executive action in October 2019 directing his Department of Environmental Protection to draft regulations so the commonwealth could join RGGI. This past September, the Pennsylvania Environmental Quality Board voted to approve
regulations in step with what Wolf proposed. Patrick McDonnell, the secretary for the state’s Department of Environmental Protection, chairs the 20-member board, which is charged with implementing the department’s regulations. The board also ran the virtual public hearings that began on Dec. 8 and ran through Dec. 14."

Energy Markets


WTI Crude Oil: ↑ $47.23
Natural Gas: ↓ $2.71
Gasoline: ↑ $2.24

Diesel: ↑ $2.54
Heating Oil: ↑ $147.11
Brent Crude Oil: ↑ $50.35
** US Rig Count ([link removed])
: ↑ 386



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