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DAILY ENERGY NEWS | 12/30/2022
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** Despite all the crazy events this year, American energy producers kept the lights on and our homes warm.
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Oilman Magazine ([link removed]) (12/29/22) column: "A global pandemic, a war in Europe, climate change mandates, government policies restricting oil supply, and record high energy prices have thrown a cloud over future energy supplies, which has resulted in rising inflation and the potential for a worldwide recession. 2022 was a year filled with news-making events...Crude oil futures prices in the U.S. peaked in June at $122 per barrel, and gasoline prices followed averaging a record high of $5.107 per gallon for retail across the U.S., according to the Energy Information Administration (EIA). On Jan. 1, oil sold for $76 compared to $79 on Dec. 28, and the gasoline retail price on Jan. 1 was $3.381 compared to $3.203 today. Policymakers in Washington used the rising prices to implement anti-fossil fuel laws, regulations and programs. The American Energy Alliance issued a report listing 125 ways President Biden’s
administration has issued policies restricting oil production in the U.S. since taking office in January 2021. The policies included canceling the Keystone XL pipeline that stretched from Canada to the Gulf Coast of Texas, implementing new environmental standards for the oil and gas industry, delaying federal lease bids, and verbally threatening American oil and gas companies with investigations into “price gouging.”The Biden administration searched for a quick fix to solve the huge political problem of rising inflation and gasoline prices. He twice announced the release of oil from the Strategic Petroleum Reserve – the first of 50 million barrels and another 30 million barrels. President Biden decided the situation needed more oil, and released roughly an additional 180 million barrels in an effort to drive down oil and gasoline prices before election day in November."
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** "The reality is that the poorest nations with the least healthy people having the shortest lives are sadly those that don’t have adequate access to oil and gas, surely not the other way around."
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– Jude Clemente, RealClearEnergy ([link removed])

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Electrify everything they say!!

** Bloomberg ([link removed])
(12/28/22) reports: "The states hit hardest by blackouts in last week’s winter storm have significantly increased reliance on heating homes with electricity over the last decade, putting more strain on the power grid when temperatures plummet. The number of households using electric heat in Tennessee, North Carolina and South Carolina increased by about 20% from 2009 to 2020, according to government data that survey a sample of households. The generating capacity of power plants in the region, meanwhile, has remained relativity flat and increasingly dependent on natural gas. Those trends played out in dramatic fashion on Dec. 23 and Dec. 24 when temperatures in the region plunged to around 10F (-12C), millions of people cranked up their heat and flows of natural gas plummeted along the East Coast as equipment froze. Utilities were forced to institute rolling blackouts as power plants failed and demand overwhelmed the system. The outages exposed a challenge grid operators likely will
confront more often during cold blasts as utilities move to clean up their power supplies to combat climate change while an increasing number of homes and businesses turn to electricity instead of gas, oil or propane to supply heat."

The "experts" are driving civilization into the ground.

** ([link removed])

The State of the Union: the red states are getting redder and the blue states are getting bluer.

** MPR ([link removed])
(12/26/22) reports: "Minnesota’s environmental review process will now require developers of new highways, industrial plants, livestock feedlots and large housing developments to calculate their project’s carbon footprint and consider how to reduce their impact on the climate. Climate activists say the changes, which have been in the works since 2019, are long overdue. 'This is a really big deal for Minnesota' said Amelia Vohs, regulatory attorney for the nonprofit Minnesota Center for Environmental Advocacy, which pushed for the change. 'We weren't counting greenhouse gas emissions for projects before we permitted them before.' The Minnesota Environmental Policy Act, passed into law nearly 50 years ago, created the state’s environmental review process. It requires regulators to consider a project’s potential impacts to land, air, water and wildlife. But the form used for most projects, known as an environmental assessment worksheet or EAW, previously did not include questions about the
project’s climate impacts. An interagency team started looking at incorporating climate change impacts into the state’s review process back in 2019. But the changes encountered pushback from some business groups, farmers and local governments, who said they would be burdensome and would raise the cost of building projects."

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
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: ↑ $78.89
Natural Gas: ↓ $4.42
Gasoline: ↑ $3.12.38

Diesel: ↑ $4.68
Heating Oil: ↓ $330.05
Brent Crude Oil: ↓ $84.20
** US Rig Count ([link removed])
: ↓ 846



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