Your Morning Energy News
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MORNING ENERGY NEWS | 09/23/2021
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** Twisters, meat profiteers, word salads, plunging polls, bribery, monoclonal antibodies, mea culpas, and a stunning revelation all on episode #50 of The Unregulated Podcast. Now streaming. ([link removed])
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** The show is available on all your favorite platforms including Apple Podcasts ([link removed]) , Spotify ([link removed]) , Stitcher ([link removed]) , Podbay ([link removed]) , Blubrry ([link removed]) , and TuneIn ([link removed]) .
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** "The clarion call from the world's poor is not a climate SOS! Rather, they desperately need economic growth that can be fostered only through extensive use of fossil fuels."
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– Vijay Jayaraj, American Thinker ([link removed])
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If you can't win, cheat.
** Axios ([link removed])
(9/22/21) reports: "House Democrats discussed with President Biden on Wednesday a plan to exempt billions of dollars of new climate spending from his requirement that his $3.5 trillion 'soft' infrastructure plan be offset with additional revenue. Why it matters: The accounting proposal — a version of "dynamic scoring" — would dramatically lower the amount of taxes Democrats would need to raise while creating wiggle room to increase the ultimate size of the package. The bill's final size will depend on two factors: How much in new taxes the centrists in both chambers can stomach, and how much creative math lawmakers are willing to use to justify the budget reconciliation bill's price tag. The maneuver under discussion has the potential to break a series of logjams involving progressives and centrists in the House and Senate. What they're saying: 'I'm a proponent for ensuring that the climate provisions within the reconciliation bill aren't subject to being paid for,' said Rep. Stephanie
Murphy (D-Fla.)."
Can't wait to see what the ratings were for this train wreck...
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What??? Elon Musk not living up to his promises? I'm shocked! SHOCKED I tell you.
** Sydney Morning Herlad ([link removed])
(9/23/21) reports: "Australia’s Tesla Big Battery, one of the world’s biggest lithium-ion batteries, is facing legal action amid allegations it failed to deliver on its promise of providing services essential to maintaining the stability of the power grid. The Australian Energy Regulator has filed Federal Court proceedings against the Tesla Big Battery, known as the Hornsdale Power Reserve, which is owned and operated by French renewable energy giant Neoen. It is alleged the Hornsdale Power Reserve failed to provide 'frequency control ancillary services' – services used to maintain the safe operations of the grid following power disruptions – despite making offers and receiving payment from the market operator to be on stand-by to provide them. Tech billionaire Elon Musk’s Tesla built the huge battery in a remote area of South Australia in 2017. Paired with the adjacent Hornsdale wind farm, the 150-megawatt battery with 193 megawatt-hours of storage has helped reduce intermittency and
manage increased demand during periods when the grid is under the most strain."
Energy Markets
WTI Crude Oil: ↑ $72.25
Natural Gas: ↑ $4.87
Gasoline: ↓ $3.18
Diesel: ~ $3.30
Heating Oil: ↓ $220.33
Brent Crude Oil: ↓ $76.16
** US Rig Count ([link removed])
: ↑ 618
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