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MORNING ENERGY NEWS | 08/04/2021
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** Gavin's oppression of gamers even more baseless than previously thought. How does this help him in the recall?
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Reason ([link removed]) (8/2/21) reports: "Of all the states in the country, California has the most jobs in the video game industry, with more than 200,000 people either employed directly by game companies or working in supporting services. Washington state is second, with close to 50,000 jobs. Games contribute billions to the economies of both states. So it would be profoundly stupid and self-destructive for California and Washington to make it harder for their residents to buy computers where they can play such games. Yet Dell just stopped the shipment of certain Alienware gaming PCs to California, Colorado, Hawaii, Oregon, Vermont, and Washington because of certain California Energy Commission regulations...Other computers, however, are in compliance. Under these regulations, the amount of power consumption budget your PC is permitted is based on how expandable your system is. The more you are able
to upgrade your computer—through graphics cards, additional storage or memory, etc.—the more energy you're allowed to consume. There is a certain logic to this: More powerful computers typically need more electricity to operate. But since the smaller, simpler computers hit their energy consumption limits more easily than expanded computers do, the rules are actually encouraging people to get bigger computers that consume more electricity."


** "Joe Biden and the Congressional Democrats and Republicans consider it their political business to impose infrastructure spending and construction on the rest of us. And with those trillions to spend, transportation planned chaos and political corruption will determine these things, instead of you and me with our market demands in response to which private suppliers would more rationally respond to what we want."
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– Richard M. Ebeling, AIER ([link removed])

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This 'America Last' thing ain't cuttin' it...

** American Thinker ([link removed])
(8/4/21) column: "America Second. That’s the current administration’s goal. Almost immediately once “President” Biden was in office, crude oil and retail gasoline pricing went through the roof. In a blatant, reckless, unthinking cave to the environmental/green lobby, the new administration canceled the Keystone XL pipeline, forfeiting thousands of good-paying, permanent union jobs in favor of enhancing their woke credentials in the eyes of radical progressives and the leftist media. Then they withdrew permission to explore for oil in Alaska’s ANWR region and canceled several exploratory licenses on federal lands. Biden also rejoined the meaningless Paris Accords, further demonstrating that the new government is not interested in pursuing an energy independence policy that actually benefits America. Along with canceling the fossil fuel industry as the very embodiment of anti-woke capitalistic conservatism, the administration wants to cancel or rescind any policy, legislation or Executive
Order put in place by President Trump, simply because it was done by President Trump. Evaluating the actual efficacy of the Trump-era measure is not the goal; doing away with anything positive -- as quickly as possible -- that could accrue to President Trump’s credit in the voting public’s mind is the real aim."

Fortunately, not everyone feels the same way Biden does about America!

** ([link removed])

Professor A: 'Let's scare the kids with doomsday drills! "

Professor B: " Yes, let's!!!!! It will be fun and we can get RICH!!!"
** The Hill ([link removed])
(8/3/21) column: "With the Atlantic hurricane season upon us, the National Oceanic and Atmospheric Administration is forecasting that 2021 will be an above-normal hurricane season. It seems each year climatic hazards — most acutely hurricanes here in the United States — are becoming more intense and more destructive. Yet, our systemic responses to such hazards have evolved little. The federal government traditionally funds programs pre-disaster to mitigate the effects of hazards and post-disaster to assist communities to recover and rebuild. While funding vehicles may operate under different names and emphasize resilience more today than a decade ago, little attention is paid beyond physical infrastructure improvements or restoration — public or private. This is unfortunate as disaster management is more than government response and recovery. It is inclusive of a broader appreciation of disaster risk among the general public. Through a disaster risk reduction education campaign, such an
appreciation can be achieved. Despite a shared emphasis across government and civil society on mitigating the effects of climatic disasters, there is still a lack of true focus on disaster risk reduction education."

Energy Markets


WTI Crude Oil: ↓ $68.21
Natural Gas: ↑ $4.12
Gasoline: ↑ $3.18

Diesel: ↑ $3.29
Heating Oil: ↓ $207.63
Brent Crude Oil: ↓ $70.45
** US Rig Count ([link removed])
: ↓ 566



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