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DAILY ENERGY NEWS | 01/13/2021
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** Here's a solution to air pollution: manage the forests.
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Bozeman Daily Chronicle ([link removed]) (1/11/21) reports: "Wildfire smoke accounted for up to half of all health-damaging small particle air pollution in the western U.S. in recent years as warming temperatures fueled more destructive blazes, according to a study released Monday. Even as pollution emissions declined from other sources including vehicle exhaust and power plants, the amount from fires increased sharply, said researchers at Stanford University and the University of California, San Diego. The findings underscore the growing public health threat posed by climate change as it contributes to catastrophic wildfires such as those that charred huge areas of California and the Pacific Northwest in 2020. Nationwide, wildfires were the source of up to 25% of small particle pollution in some years, the researchers said...The new study matches
up with previous research documenting the increasing proportion of pollution that comes from wildfire smoke, said Dan Jaffe, a wildfire pollution expert at the University of Washington. Jaffe added that it also raises significant questions about how to better manage forests and the role that prescribed burns might play."


** "As the rest of the word relies on government dictates and limiting the choices of their citizens, the United States should recommit to protecting private property rights, get out of the business of picking corporate energy winners and losers, and unleash American’s free-enterprise system to tackle the problems that Americans care about most."
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– James Jay Carafano & Jack Spencer, The Heritage Foundation ([link removed])

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Looks like they need some freedom molecules over there in Europe.

** Bloomberg ([link removed])
(1/12/21) reports: "Europe is girding for an extended blast of freezing conditions with temperatures set to drop below zero in many parts by the end of this week. A sub-zero blast that has already blanketed Madrid in a rare snowfall is set to worsen with a weather phenomenon known as a sudden stratospheric warming. The event can disrupt the polar vortex, the winds that usually keep cold air contained in the far north, and allow freezing weather to head south...Chilly conditions in Europe Jan. 17-22 will push the number of heating degree days for that period 11% above the 10-year average, according to weather forecaster Maxar Technologies Inc. The measure of when temperatures are below a level needed to warm buildings is expected to climb to 92 days next week, compared to a 10-year seasonal average of 82.7...When margins tighten and renewable output is low, it means more expensive thermal plants will be needed to boost supply. This pushes up prices on the day-ahead and intraday power
markets. It also exposes the markets to risk of price spikes when units are unexpectedly turned off, forcing system operators to activate reserve power plants or ask industry to cut consumption to keep the grid stable. German day-ahead power prices hit the highest level in two years on Friday with temperatures in Berlin dropping close to freezing."

It's not emergency solar panels they're relying on.

** ([link removed])

It was never about emissions, and always about government control.

** E&E News ([link removed])
(1/12/21) reports: "American greenhouse gas emissions fell a record 10.3% last year — the largest annual decline since World War II, according to a report released today by the Rhodium Group. But the emission reduction — which puts the U.S. temporarily into position to meet its obligations under the Paris climate accord — is likely to be fleeting without a major intervention by the incoming Biden administration and Congress. The report attributes the vast majority of the decline in carbon dioxide emissions last year to behavioral changes associated with the COVID-19 pandemic. Rhodium said it expects emissions to climb in 2021 unless policymakers act."

Energy Markets


WTI Crude Oil: ↑ $53.38
Natural Gas: ↑ $2.77
Gasoline: ↑ $2.35

Diesel: ↑ $2.60
Heating Oil: ↑ $16.20
Brent Crude Oil: ↑ $56.70
** US Rig Count ([link removed])
: ↑ 412



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