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DAILY ENERGY NEWS | 04/13/2021
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** There's only a twenty-eight times difference between Joe's number and what the average American would be willing to pay.
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Washington Times ([link removed]) (4/11/21) column: "The climate change provisions in President Biden’s 'Infrastructure' Plan will cost American households $1,400 each year. Last Wednesday, Mr. Biden tried to defend raising taxes to help pay for his $2.65 trillion plan, saying he’s 'not trying to punish anyone [but he’s] sick and tired of ordinary people being fleeced.' So are we, especially when the fleecing is done by the president and his administration and especially when it is carefully hidden...Way back in February 2019, our friends at the American Energy Alliance did a survey of 1,005 nationwide likely voters and asked them how much they would be willing to pay each year to address climate change. The median answer — the one right in the middle of the responses — was $50. More than a third of the respondents said 'zero.' We have seen more recent research from earlier this year that indicates those
numbers are actually lower now than they were in 2019; that voters have less tolerance for government-imposed increases in energy prices. That is not surprising given the pandemic and the associated economic downturn."


** "U.S. energy policy should reflect the economic, environmental, and national security benefits of open markets and competition. Regrettably, recent actions by the Biden administration are taking the opposite approach. Keep-it-in-the-ground policies like canceling the Keystone XL pipeline or banning new lease sales for oil and gas on federal lands won’t meaningfully change the demand for oil and gas."
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– Carla Sands, Philadelphia Inquirer ([link removed])

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Just call it the highway robbery bill.

** Wall Street Journal ([link removed])
(4/12/21) column: "Candidate Joe Biden emphatically denied that he supported the Green New Deal. As with so much else, President Biden is now a convert. His $2.3 trillion infrastructure plan contains enough spending and industrial planning that it amounts to the Green New Deal in disguise. Listen to Rep. Alexandria Ocasio-Cortez, who two weeks ago claimed maternity for the President’s plan. 'As much as I think some parts of the party try to avoid saying "Green New Deal" and really dance around and try to not use that term, ultimately, the framework I think has been adopted,' the progressive heroine from Queens boasted. The details prove her point...Mr. Biden says his plan will 'create millions of good jobs,' but his anti-carbon policies will destroy many more in fossil fuels and carbon-intensive industries. That’s why he’s proposing a $40 billion Dislocated Workers Program and $10 billion Civilian Climate Corps. No wonder Ms. Ocasio-Cortez is elated. Her climate dreams are coming true, and
all under the false front of 'infrastructure.'"

** ([link removed])

Apparently, China's slave labor policies don't translate well when once they reach US shores

** Politico ([link removed])
(4/6/21) reports: "President Joe Biden's efforts to sell the country's workers on his climate agenda will face a major hurdle, data obtained by POLITICO show — a big wage gap between the new green energy jobs and the old fossil fuel ones. Energy industry workers employed by solar and wind power companies earn significantly less than those who mine coal or drill for natural gas, according to data compiled by former Energy Secretary Ernest Moniz's clean energy think tank. For example, the median wage for solar workers is $24.48 an hour compared with $30.33 for those employed by the natural gas sector, which amounts to a roughly $12,000 annual wage gap. These wage disparities threaten to undermine Biden's promise that the nation can launch a multitrillion-dollar assault on climate change while growing its economy and transitioning workers to well-paying jobs."

Past definitions including reliable, stable, resilient, and necessary.

** The Hill ([link removed])
(4/11/21) reports: "Energy Secretary Jennifer Granholm said Sunday that the administration did not want to use past definitions of infrastructure when asked about President Biden's $2 trillion plan. During an appearance on ABC’s 'This Week,' host George Stephanopoulos asked Granholm about criticism by former New Jersey Gov. Chris Christie (R) regarding Biden not being truthful about what defines infrastructure...She noted as an example that in past decades, broadband would not have been included in such a measure. 'Bottom line is, though, the president wants to negotiate with Republicans, and he wants to see a common vision for the future,' Granholm said. 'Chris Christie talked about talking about the future,' she said. 'We don’t want to use past definitions of infrastructure when we are moving into the future.'"

Energy Markets


WTI Crude Oil: ↑ $60.27
Natural Gas: ↑ $2.7660

Gasoline: ↓ $2.86
Diesel: ↓ $3.07
Heating Oil: ↑ $181.76
Brent Crude Oil: ↑ $63.94
** US Rig Count ([link removed])
: ↓ 516



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