Co-opted and subverted

View this email in your browser

DAILY ENERGY NEWS | 09/13/2022

Subscribe Now

These guys must have missed the memo. Shapiro and his climate-deranged ilk value green dreams over blue-collar livelihoods.

Broad And Liberty (9/12/22) reports: "Josh Shapiro is either at odds with his own attorney general’s office or he is telling union workers what they want to hear when asked about pending climate change regulations. His track record suggests that as governor he will jump in with both feet to implement anti-energy policies that will restrict industry activity while imposing carbon taxes on businesses and residents. For starters, Shapiro attacked Pennsylvania’s natural gas industry in a June 2020 report with enough misinformation to make Russian oligarchs stand up and cheer...Campaign finance records show that since 2021, trade unions that could be impacted by RGGI have contributed almost $3 million to Shapiro’s campaign for governor. Those unions, and their affiliated PACs include: Local 0690 Plumbers Union Political Action Fund, Western Pennsylvania Laborers PAC, Teamsters Local 0115, Local 0449 Steamfitters Union PAC, Local 0005 IBEW PAC, Local 19 Sheet Metal Workers Union League for Political Education, Plumbers and Pipefitters Local 520 PAC, Local Union 712 IBEW COPE, Greater PA Carpenters PAC, and the Local 0524 United Association Steamfitters. Now would be a good time for rank-and-file members to ask their leadership what kind of return they expect on their investments to someone with a history of hostility toward Pennsylvania’s homegrown energy supplies. The 'cap and trade' regulations limiting carbon dioxide emissions will directly impact trade union members who work in the energy industry on power plants, gas pipelines, refineries, and other fields. Shapiro attempted to distance himself from Wolf’s climate change plans, his office approved the rule enabling Pennsylvania to join RGGI. In contemporary campaign lingo, it might appear to some constituents Shapiro was against RGGI before he was for it. Except that he has never expressed unambiguous opposition."

"Europe is bracing for energy shortages this winter. And now, thanks to President Biden’s freeze on oil and gas leases, America could see shortages as well. Get ready for colder nights and higher energy bills."

–Rep. Jim Jordan (R-OH)

Podesta tagged to enrich his friends.

Politico (9/12/22) reports: "President Joe Biden on Monday will announce creation of a new White House team, to be led by senior adviser John Podesta, that will oversee spending of the $369 billion in climate incentives included in the Inflation Reduction Act, according to an executive order obtained by POLITICO. Creation of the new office represents the Biden administration’s efforts to pivot from passing historic climate legislation to implementing its provisions in a way that helps achieve the president’s goal of cutting U.S. emissions in half by the end of this decade. The new office, which will collaborate with the existing White House Office of Domestic Climate Policy, will have responsibility for structuring the law’s grant programs, clarifying language for tax credits and touting its economic and jobs potential. Ali Zaidi, Biden’s next national climate adviser, is expected to take the lead on broader national climate policy and will report directly to Biden. His focus will include actions to clamp down on emissions from the oil and gas industry, power sector and other contributors to climate change. The White House will give Podesta a team within the Executive Office of the President under the newly created White House Office on Clean Energy Innovation and Implementation."

What "national emergency" warrants this unprecedented action? Check the mid-term polling if you want the answer...

Biden and co. claim they can force all of America on to wind and solar in the next few decades and they can't even manage to get build up on the West Coast.

Wall Street Journal (9/12/22) reports: "As the Biden administration plans for the country’s first West Coast offshore wind turbines, interests ranging from commercial fishing fleets to powerful environmental groups are complicating the road ahead for the California projects. The Interior Department’s Bureau of Ocean Energy Management expects to hold a lease sale for two offshore regions by the end of the year, one north of Santa Barbara near Morro Bay and another more remote site off Humboldt County just south of the Oregon border. Democratic California Gov. Gavin Newsom recently said the state 'is home to one of the world’s best offshore wind resources in the world.' The floating turbines in both regions would likely be more than 20 miles offshore, making them hard to see from the coast and resolving the common complaint that turbines are an eyesore. Together, the projects are aimed at augmenting California’s power supply, generating enough to run more than 1.5 million homes with more than 4.5 gigawatts of electricity, U.S. officials estimate. That input could help the state reach its goal of 100% zero-emission power sources by 2045. Yet proponents recognize that California has a complex regulatory regime, and federal laws on environmental protection make it easy for even small groups to launch legal challenges that tie up major projects for years. Interior Department officials say they are trying to head off the issues already bubbling up by weighing whether to redraw proposed lease boundaries or alter other bid requirements for the auction, such as the amount of money that would be dedicated to community initiatives."

Energy Markets

WTI Crude Oil: ↑ $88.32
Natural Gas: ↑ $8.35
Gasoline: ↓ $3.70

Diesel: ↓ $5.00
Heating Oil: ↓ $360.29
Brent Crude Oil: ↑ $94.27
US Rig Count: ↓ 835

Donate

Subscribe to The Unregulated Podcast

Subscribe to The Plugged In Podcast

Connect with us on Facebook

Forward to a Friend

Our mailing address is:
1155 15th Street NW
Suite 900
Washington, DC xxxxxx

Want to change how you receive these emails?
update your preferences
unsubscribe from this list