Your Daily Energy Update
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DAILY ENERGY NEWS | 07/08/2022
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** Who is advising President Biden on energy? People want to know.
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** "Americans will have to fight to keep their vehicles, just as they have had to fight to keep their guns."
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– Duggan Flanakin, Real Clear Energy ([link removed])
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Biden is "fighting climate change" with the National Endowment for the Arts.
** Real Clear Investigations ([link removed])
(6/7/22) reports: "Just two years ago, the National Endowment for the Arts made only one grant to an art project that promised to address the issue of climate change, awarding $25,000 to the Massachusetts Museum of Contemporary Art to commission work informed by 'research on the Earth's dissolving permafrost layer.' During the last two years, the federal agency has provided $1,369,000 to fund some 40 climate-focused projects. The 29 such grants approved for fiscal year 2022 include support for multidisciplinary artist Hajra Waheed's collaboration "with researchers and organizers on issues such as land sovereignty and food and climate justice'; development of a Baltimore Center Stage production titled, 'A Play for the Living in a Time of Extinction'; and a grant to the Dance Exchange in Takoma Park, Maryland, to use 'movement and storytelling to explore the ways different landscapes and communities are navigating climate change.' Never mind the prospect of reins on executive climate action
in light of the Supreme Court's stinging regulatory rebuke last week: These art projects are one small piece of an explosion of climate spending since President Biden called during his first days in office for a 'whole-of-government approach to combating the climate crisis.' In response, every department, bureau, and agency has climate-related budget lines, responding to Biden's mandate by claiming a slice of the climate pie. Where the Trump administration's 150-page budget overview for the fiscal year 2020 mentioned the word climate just once (and that was a reference to 'school climate' – that is, educational environment), the current White House 2023 budget overview mentions the word 'climate' 187 times and the phrase 'climate crisis' 33 times in its 158 pages."
Attacks like this are why the Biden admin's calls for increased production ring so hallow.
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Of course, Secretary Jean-Pierre is only following the talking points laid out by the "Big Guy."
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"There is no place for virtue signalling in finance." Maybe in a world run by sane people...
** Yahoo News ([link removed])
(7/7/22) reports: "A senior HSBC executive who accused central bankers and officials of exaggerating the financial risks of climate change has resigned. Stuart Kirk, the bank's global head of responsible investing, was reportedly suspended in May after he said in a speech: 'There's always some nut job telling me about the end of the world.' He said on Thursday his comments had made his position 'unsustainable.' 'A cancel culture destroys wealth and progress,' he added in a LinkedIn post. Mr Kirk's role, which is based in London, involved considering the impact of investments on environmental, social and governance issues. In his resignation statement, he said he had 'only ever tried to do the best for my clients and readers' in a '27-year unblemished record in finance, journalism and consulting.' 'Ironically given my job title, I have concluded that the bank's behaviour towards me since my speech at a Financial Times conference in May has made my position, well, unsustainable,' he said.
'Funny old world.' HSBC came under pressure to investigate Mr Kirk after he gave the presentation entitled 'Why investors need not worry about climate risk' at a conference."
If you oppose a carbon tax, take a stand and ** contact us. (mailto:
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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
Annette Thompson Meeks, Freedom Foundation of Minnesota
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: ↑ $104.11
Natural Gas: ↓ $6.13
Gasoline: ↓ $4.72
Diesel: ↓ $5.67
Heating Oil: ↓ $365.53
Brent Crude Oil: ↓ $106.36
** US Rig Count ([link removed])
: ↓ 802
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