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DAILY ENERGY NEWS | 03/21/2023

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Nepotism, shady dealings, and failure to disclose are all fundamental elements of Big Green, Inc.

Real Clear Energy (3/20/23) reports: "Congressional figures responsible for conducting oversight are in position to corral green activists who have burrowed into federal agencies while jeopardizing the domestic availability of energy. For starters, they can revisit the potential conflicts of interest swirling around Allison Clements, a member of the Federal Energy Regulatory Commission (FERC), an 'independent agency' Congress established in 1977. Almost exactly one year ago on March 17, 2022 minority members of the House Oversight and Reform Committee sent a letter addressed to Clements inquiring about disclosures she made and did not make to FERC or to the Office of Government Ethics. At the time, her husband was employed by a solar energy company based in Washington D.C...Thanks to the heavy lifting of the Institute for Energy Research, a nonprofit that advocates for free market energy policies, it has become evident that Clements has maintained a steady chain of communication with green activist groups opposed to natural gas production including particularly, and most remarkably, her former employers and clients. Since last May, IER has filed more than a dozen Freedom of Information Act lawsuits that have produced records of Zoom calls, Zoom chats, text messages, calendar records, phone bills, and emails that indicate Clements served as a conduit for outside pressure groups to transform FERC into a tool for climate activism."

“Climate policy is a double whammy for electric reliability. On the one hand, we’re moving away from more reliable and base load sources like coal and natural gas. We’re not supporting nuclear either. We’re replacing them with wind and solar, which are intermittent. And at the same time, we’re increasing the demand for electricity by moving both transportation and home appliances away from other fuels like gasoline and diesel fuel for cars and natural gas for water heating and stoves."

– Ben Lieberman,
The Competitive Enterprise Institute

Californian bureaucrats ≠ Congress.

Daily Caller (3/20/23) reports: "California’s proposed rules to dramatically limit emissions from heavy-duty vehicles could effectively result in a nationwide ban on the sale of new diesel-powered heavy-duty vehicles, thanks to a 'backdoor' in the Clean Air Act, experts told the Daily Caller News Foundation Monday. The Environmental Protection Agency (EPA) will approve California’s proposed rules, which would obligate all new heavy-duty vehicles — including shipping trucks and delivery vans — sold in the state after 2045 be fully electric or hydrogen-powered, The Washington Post reported Monday, citing three individuals familiar with the agency’s plans. New York, New Jersey, Oregon, Massachusetts, Washington and Vermont have all committed to following California’s lead on this issue, a move which experts told the DCNF was tantamount to a nationwide ban. 'It’s a way to backdoor allow — under the auspices of the Clean Air Act — for California that set standards for the U.S.,' Dan Kish, senior fellow at the Institute for Energy Research, said to the DCNF. California’s rules would be significantly stricter than federal regulations under the Clean Air Act, and enforcing them requires the EPA grant the state a special waiver, the Post reported. "

NRDC left in disarray after a debate with AEA's Kenny Stein on H.R. 1 and Biden's energy agenda.

Congress hasn't passed a budget on time in 27 years. Passing a budget on time (and without the end-of-year shenanigans that accompany an end-of-year budget) needs to be a key objective of this Congress.

Reason (3/21/23) reports: "In the final weeks of 2022, just days before they broke for Christmas, members of Congress came together at the last moment for a familiar holiday ritual. For one week a year, they kind of, sort of do their job. That job includes authoring, debating, and passing a budget for the astounding amount of discretionary federal spending that Congress is charged with managing each year—in this case, about $1.7 trillion. To avert a partial government shutdown, the spending bill was supposed to be passed by Friday, December 16. But on Thursday, December 15, with just a day left before the dreaded quasi-shutdown, Congress approved a one-week extension. 'This is about taking a very simple, exceedingly responsible step to ensure we finish the year without hiccups and with minimal drama,' said Senate Majority Leader Chuck Schumer (D–N.Y.). At that point, no actual bill had been made public, meaning most lawmakers outside of leadership had little clarity about what was in it. The one-week extension resembled a last-minute reprieve for a college student who pleads for extra time to polish a major end-of-semester paper, of which not one word has actually been written."

Energy Markets

WTI Crude Oil: ↑ $69.35
Natural Gas: ↓ $2.19
Gasoline: ↓ $3.43

Diesel: ↓ $4.28
Heating Oil: ↓ $267.95
Brent Crude Oil: ↑ $75.00
US Rig Count: ↓ 825

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