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DAILY ENERGY NEWS | 09/29/2022
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** Who needs constitutional government when you have CARB?
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Washington Times ([link removed]) (9/28/22) op-ed: "The California Air Resources Board recently voted to ban the sale of gasoline-powered cars and trucks in California by 2035. Such a ban will eviscerate consumer choice, pose enormous and perhaps insurmountable challenges to electricity generation, infrastructure, charging and battery production, damage consumers (electric vehicles already cost $66,000 on average and are not going to get cheaper), and lead directly to increased dependence on communist China (which owns or controls 80% of all minerals used to make EVs). This is an important issue for all Americans, because under the Clean Air Act, California alone has the authority to establish air quality standards that are more stringent than those of federal law, although other states may choose to adopt California’s standards. And 16 states — with 40% of the national car and truck market — are already
prepared to follow California’s lead...Fortunately, it seems likely that the courts will conclude that California is prevented from imposing the ban because it intrudes on federal regulation of fuel economy standards. Or because the Clean Air Act waiver is the wrong instrument in this case. Or because the major questions doctrine requires explicit congressional direction. Or the courts may decide that the whole mess is contrary to the commerce clause. In other words, those who seek to stop California’s attempt to upend the vehicle market have many legal and constitutional paths to do so. That’s a good thing."
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** "In recent years, the IEA has strayed from its assigned role as a watchdog for energy security and instead has transformed into a lap dog for climate zealots advocating for unrealistic energy transition targets. Congress should steer U.S. policy to walk IEA back to its security mission."
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– Forum for American Leadership’s Energy Working Group ([link removed])
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"Get in, Jack. We're destroying American truck culture."
** Breitbart ([link removed])
(9/27/22) reports: "A YouTuber with 1.4 million followers attempted to tow a 1930 Ford Model A truck with his brand new 2023 Ford F-150 Lightning electric pickup truck, but it ended in 'a complete and total disaster.' 'If a truck towing 3,500 pounds can’t even go 100 miles — that is ridiculously stupid,' Tyler 'Hoovie' Hoover says in his video. 'This truck can’t do normal truck things. You would be stopping every hour to recharge, which would take about 45 minutes a pop, and that is absolutely not practical.' 'This is my new 2023 Ford F-150 Lightning electric pickup truck,' YouTuber Tyler 'Hoovie' Hoover said in a video in which he tests the electric truck’s towing capabilities, which resulted in “a complete and total disaster.'For his experiment, Hoover planned to simply drive the EV truck with an empty trailer in tow only 32 miles away, and then load up a 1930 Ford Model A pickup truck he recently bought, so that he could tow it back the same way he came...After attaching the empty
aluminum trailer to his truck and 'pulling out my neighborhood,' which was just about a quarter of a mile away, the EV had already lost three miles of range. By the time Hoover got to his location 32 miles away, the vehicle had lost a staggering 68 miles of range. Once he loaded up the Model A truck and drove it back to his neighborhood, Hoover 'got the driving range low warning,' and saw that he only had 50 miles of range left, despite charging the EV for 200 miles at the start of his 64-mile round trip."
Destroying civilization is just a game to some of these people.
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You can't make this stuff up. Yellen can't leave the administration fast enough!
** Bloomberg ([link removed])
(9/28/22) reports: "On opposite sides of the planet Tuesday, hundreds of thousands of people were evacuating from coastal areas in advance of landfalls of storms expected to be the most powerful in decades. Such scenes from the west coast of Florida, bracing for Hurricane Ian, and central Vietnam, in the path of Typhoon Noru, showcase the kinds of hits to the economy that Treasury Secretary Janet Yellen warned on Tuesday are likely to be more common as climate change progresses. 'Shocks that were unthinkable even a few decades ago are now presenting with alarming frequency. There’s been at least a five-fold increase in the annual number of billion-dollar disasters over the past five years compared to the 1980s, even after adjusting for inflation,' Yellen said in a speech. Supply-chain disruptions could become commonplace, unless businesses — as seems likely — adopt climate-change adaptation strategies that boost costs. Households probably also will have to devote resources to things like
flood insurance, the Treasury chief noted...Yellen offered hope: She touted legislation enacted over the past year that provides $430 billion for climate and clean-energy programs. The idea is that this will catalyze the deployment of private-sector capital as well, and speed the transition away from fossil fuels."
There is a tragedy unfolding in Florida, but government spending isn't going to change the weather.
Energy Markets
WTI Crude Oil: ↓ $81.84
Natural Gas: ↓ $6.75
Gasoline: ↑ $8.78
Diesel: ↓ $4.87
Heating Oil: ↓ $339.04
Brent Crude Oil: ↓ $89.16
** US Rig Count ([link removed])
: ↑ 863
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