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MORNING ENERGY NEWS | 07/16/2021
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** Don't look under the hood of that EV....just buy it like the government tells you!
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Mining.com ([link removed]) (7/15/21) reports: "U.K. prosecutors have told Swiss authorities they have proof of an alleged money-laundering ring spanning from Africa to Europe that paid almost $380 million in cash bribes to authorities in the Democratic Republic of Congo. Companies repeatedly bribed officials to further their business interests in the mineral-rich nation, according to the Swiss court judgment that cited information from U.K. prosecutors. Congo is Africa’s biggest producer of copper and supplies about 70% of the world’s cobalt, a critical input for the batteries that power electric vehicles. The $379 million that was allegedly siphoned off in bribes over a five-year period is more than Congo’s total spending on health care last year. According to the World Bank,
about one of every six people living in extreme poverty in sub-Saharan Africa is in Congo, a country the size of Western Europe with a population of more than 90 million. The evidence of alleged bribery was presented when an unidentified company tried to block the transfer of its banking records, which were requested in a U.K. investigation into allegedly corrupt mining deals in Congo and a related money-laundering network. The ruling on March 30 by Switzerland’s Federal Criminal Court has since been posted on its website, with coded initials to shield the identities of individuals and entities mentioned."


** "Note how, despite fantastical promises about the economic benefits of electric cars or green jobs, it always seems to require uncountable trillions of dollars for taxpayer-financed Green New Deals and an extra couple of hundred bucks on your household heating bill to get from here to there."
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– Joseph Sternberg, Wall Street Journal ([link removed])

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If by 'fix,' you mean 'repeal,' then sign us up!

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"If you don't let us punish Americans, we'll do it anyway." -Team Biden

** Bloomberg ([link removed])
(7/13/21) reports: "Congress should enact a clean-electricity standard that forces utilities to pare greenhouse gas emissions, but if lawmakers fail to deliver, the administration is prepared to act on its own, President Joe Biden’s climate chief told Bloomberg. A clean-electricity mandate is critical for catalyzing emissions reductions, White House National Climate Adviser Gina McCarthy said during a taped discussion for the Bloomberg Sustainable Business Summit that opened Tuesday. But she refused to say the requirement is a must-have ingredient in a broad tax-and-spending bill meant to build on a bipartisan infrastructure package. 'I don’t want to say that anything is a red line, because, frankly, a lot of the work that went into the bipartisan infrastructure plan was really building a tremendous foundation for us to grow on,' McCarthy said. 'We have lots of regulatory authority that we intend to use regardless, and we will move forward with those efforts to try to tackle the climate
crisis.'"

If climate change is truly an existential threat, is the Biden Administration also telling Facebook to remove "problematic" posts about energy?

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If you oppose a carbon tax, take a stand and ** contact us. (mailto:[email protected])

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Tom Pyle, American Energy Alliance
Myron Ebell, Competitive Enterprise Institute
Phil Kerpen, American Commitment
Andrew Quinlan, Center for Freedom and Prosperity
Tim Phillips, Americans for Prosperity
Grover Norquist, Americans for Tax Reform
George Landrith, Frontiers of Freedom
Thomas A. Schatz, Citizens Against Government Waste
Richard Manning, Americans for Limited Government
Adam Brandon, FreedomWorks
Craig Richardson, E&E Legal
Benjamin Zycher, American Enterprise Institute
Jason Hayes, Mackinac Center
David Williams, Taxpayers Protection Alliance
Paul Gessing, Rio Grande Foundation
Seton Motley, Less Government
Nathan Nascimento, Freedom Partners Chamber of Commerce
Isaac Orr, Center of the American Experiment
David T. Stevenson & Clint Laird, Caesar Rodney Institute
John Droz, Alliance for Wise Energy Decisions
Jim Karahalios, Axe the Carbon Tax
Mark Mathis, Clear Energy Alliance
Jack Ekstrom, PolicyWorks America

Energy Markets


WTI Crude Oil: ↑ $72.13
Natural Gas: ↑ $3.66
Gasoline: ↑ $3.16

Diesel: ↑ $3.27
Heating Oil: ↑ $212.14
Brent Crude Oil: ↑ $73.87
** US Rig Count ([link removed])
: ↑ 538



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