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DAILY ENERGY NEWS | 01/14/2022

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Get your kicks with episode #66 of AEA's The Unregulated Podcast.

The Unregulated Podcast is now streaming on our website, or wherever you listen to podcasts.

"Economists know several ways to stem inflation: cut government spending, raise interest rates, tighten the money supply. But Democrats need to stop doing the same thing over and over again — i.e., spending more money — and expecting different results. That’s the definition of insanity, unless they actually want more inflation."

– New York Post Editorial Board

Let Them Wear Socks!

Bloomberg (1/14/22) reports: "A second British energy supplier has been forced to backtrack after complaints that it trivialized the impact of the energy crisis on consumers just as bills are set to soar. E.ON SE’s renewable household energy supplier, E.ON Next, sent polyester socks to 30,000 customers last week who had engaged with an energy saving campaign. The socks, which depicted a sun hugging the planet earth, have been shared widely on social media, at a time when analysts predict household bills could jump as much as 56% from April. The company said it’s 'incredibly sorry' for how sending the socks made some customers feel. 'This activity was in no way designed to detract from the seriousness of the current energy crisis,' E.ON said in a statement. 'This campaign originally went ahead last year and was intended as a fun way to encourage people to think about "lightening your carbon footprint" and isn’t meant to be anything to do with the current challenges many people are facing.'"

Going to take more than fuzzy socks to fix this...

Joe Biden is about to boldly go where no president has gone before.

Quinnipiac University (1/12/22) reports: "Americans give President Joe Biden a negative 33 - 53 percent job approval rating, while 13 percent did not offer an opinion. In November 2021, Americans gave Biden a negative 36 - 53 percent job approval rating with 10 percent not offering an opinion. Among Democrats in today's poll, 75 percent approve, 14 percent disapprove and 11 percent did not offer an opinion. Among Democrats in November's poll, 87 percent approved, 7 percent disapproved and 6 percent did not offer an opinion. Among registered voters in today's poll, Biden receives a negative 35 - 54 percent job approval rating with 11 percent not offering an opinion. In November, registered voters gave him a negative 38 - 53 percent job approval rating with 9 percent not offering an opinion...As President Biden marks his first year in the Oval Office, 50 percent of Americans say the job he is doing is about what they expected, 39 percent say he's doing a worse job than expected, and 7 percent say he's doing a better job than expected. A plurality, 49 percent, say Biden is doing more to divide the country while 42 percent say he's doing more to unite the country. Roughly 4 in 10 Americans (41 percent) think Biden is too liberal, 38 percent say he's about right, 9 percent say he's too conservative, and 12 percent did not offer an opinion."

If you oppose a carbon tax, take a stand and contact us.

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
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: ↑ $82.96
Natural Gas: ↓ $4.21
Gasoline: ~ $3.30

Diesel: ↑ $3.60
Heating Oil: ↑ $262.33
Brent Crude Oil: ↑ $85.32
US Rig Count: ↑ 687

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