From American Energy Alliance <[email protected]>
Subject Sacramento must not have heard...
Date January 2, 2020 4:43 PM
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MORNING ENERGY NEWS | 01/02/2020
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** Personal choice is back in vogue this decade.
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Associated Press ([link removed]) (1/2/20) reports: "A federal judge on Tuesday allowed California’s updated light bulb efficiency standards to take effect with the new year. U.S. District Judge Kimberly Mueller of Sacramento rejected a petition from the National Electrical Manufacturers Association and the American Lighting Association to temporarily block new minimum efficiency standards for light bulbs that the California Energy Commission adopted in November. The judge said the associations are unlikely to succeed in their lawsuit, which argues that the state rules conflict with federal law. Mueller said state regulators appear to have acted properly under exemptions that gave special privileges to California and Nevada to adopt tougher regulations more quickly than the U.S. Department of Energy. In granting the exemptions, 'Congress recognized, among other things, California’s history of leadership
in energy efficiency regulations,' Mueller wrote. President Donald Trump’s administration in September scrapped an Energy Department rule that would have phased out less energy efficient incandescent bulbs nationwide. That decision slowed a yearslong effort by Congress and previous administrations to switch the nation to LED bulbs and other lighting that uses less electricity."


** "If Democrats shut down the coal industry, it would cost hundreds of thousands of jobs, decimate coal communities, and lead to unreliable electricity. Contrast that with the current American Energy Renaissance, with the U.S. now one of the world’s leading energy producers and a net exporter of crude oil and natural gas."
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– Matt Mackowiak, The Washington Times ([link removed])

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Texas is as close as I've been!

** The Texan ([link removed])
(12/31/19) reports: "Texas has gone through quite a transformation in the past 10 years. Its population grew 15 percent to just under 30 million people. During the same time frame, the total gross-domestic product grew 46 percent — with 2019’s total yet to be fully calculated. And the number of unemployed Texans dropped by over 50 percent — remaining at record lows for much of 2019. Each of these metrics reflects the growth and prosperity the Lone Star State has experienced and sustained over the last decade and beyond. But the most reflective measure of Texas’ success may very well be through the scope of its energy industry. From 2010 to 2018, Texas increased its power generation by nearly 16 percent — a numerical increase of over 65 million Gigawatts. In comparison, the rest of the United States saw an increase during the same timeframe of 15 million Gigawatts...Additionally, from the beginning of the decade to the end higher quantities have been able to be extracted both from improved
mapping and drilling techniques...From an energy perspective, Texas is emerging from the greatest decade in its history. Continued growth looks to be the trajectory going forward."
** ([link removed])

New year, same gigantic holes in the global emissions scheme.

** R ([link removed])
** euters ([link removed])
(1/1/20) reports: "Coal-fired utilities around New Delhi were still operating on Wednesday despite threats from the Indian authorities to close them down if they had not installed equipment to cut emissions of sulfur oxides by the end of the year. Three senior executives at companies operating power plants around New Delhi and facing an end-2019 deadline said they had not received direction on whether they could continue to run the plants having not installed the kit. Only one out of the 11 utilities in the national capital region had installed the equipment...Reuters reported last month that more than half of India’s coal-fired power plants and 94% of the coal-fired units ordered to retrofit equipment to curb air pollution would likely miss the phased deadlines."

Energy Markets


WTI Crude Oil: ↑ $61.10
Natural Gas: ↓ $17
Gasoline: ~ $2.58

Diesel: ~ $3.00
Heating Oil: ↑ $203.06
Brent Crude Oil: ↑ $66.21
** US Rig Count ([link removed])
: ↓ 831

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