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MORNING ENERGY NEWS  | 02/08/2021
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Kathleen Sgamma from Western Energy Alliance joins Tom and Mike for a lively conversation on the folly of shutting down the Federal lands. Also, John Kerry is the gift that keeps on giving. Give a listen to the latest Unregulated Podcast...

The Unregulated Podcast is available on all your favorite platforms including Sound Cloud, iTunes, Spotify, Stitcher, and TuneIn.

"[Instituting climate lockdowns were] always the risk with the mass implementation of lockdowns. Once your leaders enforce one under the guise of public health, they will not simply set aside their power to do so again. Don’t worry though, they’re just following the science." 

 

– Stephen Miller, The Spectator

MA Undersecretary for Climate Change tries out a new climate slogan: "We have to break your will." 

Remember all that finger wagging from Jean Girard about how terrible it was for America to pull out of his agreement?
 

CBS News (2/4/21) reports: "Four environmental groups are crying victory after France was found guilty of failing to meet climate change goals it committed to in a historic accord signed in and named after its own capital city. The Administrative Tribunal in Paris ruled Wednesday that France had fallen short of its promise to reduce greenhouse gases under commitments made in the 2015 Paris Agreement, and was 'responsible for ecological damage.' While the court declared the government guilty of inaction, it rejected a claim for damages by the four NGOs that brought the suit, ordering the government to pay just one symbolic euro to them instead. The tribunal also said it would decide within two months whether to recommend any measures for the government to resolve its failure to meet its own commitments. In January, the court called the proceedings the 'first major climate trial in France.'"

Shot...

Chaser...


Wall Street Journal (2/5/21) reports: "Bill Gates is doubling down on private-jet travel, as the niche industry recovers more quickly amid the coronavirus pandemic than the wider commercial aviation market. The billionaire’s Cascade Investment LLC agreed Friday to team up with Blackstone Group Inc. and private-equity firm Global Infrastructure Partners in a $4.7 billion deal for Signature Aviation SIG. The deal would boost Cascade’s stake in the world’s largest operator of private-jet bases to 30%, from a previous 19%. Commercial flying in much of the world has fallen sharply amid travel restrictions, quarantine rules and steep reductions in flights operated by cash-strapped airlines. Private-jet travel has bounced back quicker. For individuals and companies who can afford it, a private jet offers a way to limit close-quarters exposure to other passengers, as well as providing service to destinations that have been abandoned by airlines."

Energy Markets

 
WTI Crude Oil: ↑ $57.46
Natural Gas: ↑ $2.89
Gasoline: ~ $2.46
Diesel: ~ $2.69
Heating Oil: ↑ $173.14
Brent Crude Oil: ↑ $59.98
US Rig Count: ↑ 445

 
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