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DAILY ENERGY NEWS | 09/23/2022
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** Now might not be the best time to up electricity demand in a country struggling to keep the lights on. ¯\_(ツ)_/¯
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Oil Price ([link removed]) (9/20/22) reports: "Despite the fact that the company is having trouble securing the political support to expand its Germany manufacturing facilities, Tesla is still seeking to double vehicle sales in the country to 80,000 this year, a new report from Bloomberg says. The company sold 39,714 units in 2021 and so far has sold 24,734 units through August of 2022. The company is going to try and lure in additional customers via 'the opening of stores and improved servicing offers,' the report says. Recall just days ago we reported that a vote on the expansion of Tesla's German factory in Grünheide had been delayed, according to reports from German Media. A planned discussion about the plants development that was planned for a September council meeting will no longer take place, according to translated versions of the report, which cites the mayor of Grünheide, Arne Christiani. Tesla is
seeking to expand its 300 hectare factory by another 100 hectares, the report notes, in order to build a freight depot and expand production capabilities."
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** "There are far too many questions that have yet to be asked, let alone answered, at the decision-making levels of government and industry for these globalists to force upon the entire world an unproven, uncertain technology the supply chains for which are already overextended and which rely on slave labor for many of its raw materials. There are no answers at all as to why – if EVs are so wonderful – there is any need for mandates and prohibitions at all."
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– Duggan Flanakin, Real Clear Energy ([link removed])

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Same same.

** Bloomberg ([link removed])
(9/22/22) reports: "California is committing to a plan that will make it the first US state to phase out gas-fueled furnaces and water heaters in homes, a move environmentalists are betting will provide a template for other states. The Golden State will ban the sale of all new natural gas-fired space heaters and water heating appliances by 2030, under a proposal unanimously approved by the California Air Resources Board on Thursday. 'We’re really hopeful that this is the beginning of a domino effect and other states will follow California’s lead,' said Leah Louis-Prescott, a senior associate at RMI, a non-profit focused on the transition to clean energy. The proposal is part of a roadmap of commitments that the state is pursuing to shrink its carbon footprint and comply with federal air-quality standards. That far-reaching plan contains measures that would allow the state to transition away from burning gas and reduce emissions that cause air pollution and contribute to smog. Since
California still gets about 40% of its power from fossil fuels, the transition won’t eliminate carbon emissions. The state is targeting a carbon-free grid by 2045. The proposal does not include gas stoves, but about 50 cities and towns in California, including San Francisco, have adopted regulations that ban or discourage the use of gas-fueled stoves in new buildings."

Today we're launching the Beyond Bloomberg campaign. We won't rest until Mike Bloomberg personally stops using every single thing he would like the rest of us to either pay more for or live without.

** ([link removed])

The Groningen natural gas field - one of the largest in the world - is located in the Netherlands. They aren't increasing production. This is the result.

** Reuters ([link removed])
(9/22/22) reports: "For five generations, Dutchman Dennis Toebast's family has prospered as bread bakers. But since the war in Ukraine his energy bills have jumped fivefold, casting doubt on plans to eventually hand the business down to his daughter. With as many as a million Dutch households at risk of being pushed below the poverty line due to soaring gas and electricity bills, the government of the Netherlands on Tuesday announced 18 billion euros ($17.8 billion) worth of measures in 2023 to shield people from a cost of living crisis. For many family-run businesses like Toebast's, plans to also provide financial support to businesses could come too late, and if nothing changes he might be forced to consider the painful option of cutting staff when the new year starts. 'Our monthly income has vanished,' he said. 'We are working to pay the energy bills.' Toebast's monthly gas and electricity costs jumped from around 3,500 euros ($3,455) last year to more than 18,600 euros ($18,365). He
said he'd need to charge as much as five euros ($4.90) for a normal loaf of bread in order to cover his costs, but 'no one will pay that.'"

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
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: ↓ $78.90
Natural Gas: ↓ $6.85
Gasoline: ↑ $3.68

Diesel: ↓ $4.91
Heating Oil: ↓ $323.03
Brent Crude Oil: ↓ $86.13
** US Rig Count ([link removed])
: ↓ 860



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