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DAILY ENERGY NEWS  |  12/31/2020
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Tom & Mike welcome their first guest on the last day of 2020.

"A monomaniacal pursuit to restructure our energy infrastructure reverses that dynamic [which developed the COVID-19 vaccine so quickly], putting the 'everything else' in service of energy."

 

– Mark P. Mills,
The Manhattan Institute

Meanwhile, our kids are taught that America uses too much oil and Climate Change is the biggest threat.


Wall Street Journal (12/30/20) reports: "In the era of Mao Zedong, China used propaganda posters to urge young people to create a great socialist nation. After the Tiananmen Square protests in 1989, the Communist Party rewrote textbooks to deliver its version of history and to steer its young away from Western ideas. Today, China is embarked on another campaign to re-educate its young people. The message is more blatantly nationalistic than anything in recent decades, with President Xi Jinping’s image often at the center. And it is far more sophisticated than anything Beijing has attempted in the past. Slick videos on social media are notching millions of views. One episode of a popular video series called Year Hare Affair, co-produced by a Communist Party organization, featured a bald eagle dressed in an American flag plotting with talking cockroaches to create chaos in Hong Kong. Cute Chinese rabbits show up to fight off the cockroaches. Pan Borui, a 19-year-old freshman at a Beijing college, got hooked last year on the cartoons, which he said will 'shape the thinking of the next generation of Chinese.' He said he knew they were made with party support, but said most Chinese still considered them very accurate and more accessible than traditional news reports."

Energy Markets

 
WTI Crude Oil: ↓ $47.94
Natural Gas: ↑ $2.48
Gasoline: ~ $2.25
Diesel: ↑ $2.56
Heating Oil: ↓ $146.89
Brent Crude Oil: ↓ $51.15
US Rig Count: ↓ 8

 

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