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MORNING ENERGY NEWS | 09/10/2021
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** We'll believe the Administration is serious about reducing CO2 emissions when they start doing things, like increasing mining, which are necessary to build the renewables and EVs they want. Until then, we'll know that their agenda is just about controlling the economy not reducing CO2 emissions.
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Mining.com ([link removed]) (9/9/21) reports: "The Biden administration said it will relaunch a process that could permanently protect Bristol Bay — a vital Alaskan watershed — from the development of the controversial Pebble mine project. In an Alaska federal district court filing on Thursday, the Department of Justice asked that the court vacate a 2019 decision by the Trump-era Environmental Protection Agency to remove protection of the Bristol Bay watershed, home of one of North America’s biggest sockeye salmon fisheries. The Pebble project has been pursued for more than a decade, faced environmental opposition from the onset, and its development has been surrounded by controversy and delays, including the EPA’s decision in 2014 to propose restricting the discharge of mining waste
and other material in the area. But the developer — Canada’s Northern Dynasty Minerals and the EPA in 2017 ended the long dragged out dispute over the federal agency’s decision to block construction. The settlement paved the way for an eventual federal permitting decision that could allow Northern Dynasty’s subsidiary — Pebble Limited Partnership — to move forward."


** "A border-adjusted carbon tax would raise a sizable amount of revenue to fund social and health spending. It would also put America on the right path to mitigating climate change. Lawmakers should not overlook it as a sound policy as they consider offset options for the reconciliation legislation."
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– Shutting Pomerleau, Niskanen Center ([link removed])

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Extreme executive overreach and bringing back New Deal programs. What's next? Court-packing and internment camps?

** Washington Times ([link removed])
(9/8/21) reports: "House Republicans want to ax the Civilian Climate Corps, citing concerns that the New Deal-modeled program will siphon desperately needed workers from the private sector while creating a federally funded battalion of Greta Thunbergs. Democrats on the House Natural Resources Committee killed last week a proposed amendment by Rep. Lauren Boebert, Colorado Republican, to strike the $3.5 billion allocation from the reconciliation budget, but House Republicans may have another opportunity at Thursday’s mark-up. 'There is absolutely no reason to funnel money toward a program like this when so many of our industries are already struggling to find workers,' said Ms. Boebert...Leading the pro-CCC camp is the Sunrise Movement, which said...'Your CCC career could be caring for the elderly, creating graphics to help promote climate policies in your town or city, community and child education, organizing localized food programs, or building out new community systems to limit carbon
emissions and pollution in your community,' said Sunrise Movement spokesperson Ellen Sciales in an April 20 post. That’s a far cry from the exhausting forestry work undertaken by the New Deal’s Civilian Conservation Corps under President Franklin D. Roosevelt."

It's not a surprise that electricity prices (and nat gas) are skyrocketing in Europe while they impose carbon taxes while also working to get rid of coal and nukes.

** New York Times ([link removed])
(9/8/21) reports: "As the world struggles to recover from the pandemic, soaring natural gas prices threaten to become a drag on the economies of Europe and elsewhere. Wholesale prices for the fuel are at their highest in years — nearly five times where they were at this time in 2019, before people started falling ill with the virus. The high costs feed into electric power prices and have begun showing up in utility bills, weighing on consumers whose personal finances have already been strained by the pandemic. The price jumps are unusual because demand is typically relatively low in the warmer summer months, raising alarms about the prospects for further increases when demand jumps in the winter. Spanish households are paying roughly 40 percent more than what they paid for electricity a year ago as the wholesale price has more than doubled, prompting angry protests against utility companies. The pain is being felt across Europe, where gas is used for home heating and cooking as well as
electric power generation. Citing record natural gas prices, Britain’s energy regulatory agency, Ofgem, recently gave utilities a green light to increase the ceiling on energy bills for millions of households paying standard rates by about 12 percent, to 1,277 pounds, or $1,763, a year."

If only there were another fuel the Europeans could switch to when nat gas is above $20 per MBTU...

** ([link removed])

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

** ([link removed])

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: ↑ $69.84
Natural Gas: ↓ $4.98
Gasoline: ↓ $3.17

Diesel: ↓ $2.94
Heating Oil: ↑ $215.42
Brent Crude Oil: ↑ $73.06
** US Rig Count ([link removed])
: ↑ 613



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