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DAILY ENERGY NEWS | 03/27/2023
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** What is busting the banks? The latest episode of The Unregulated Podcast is now streaming on our website ([link removed]) , or wherever you listen.
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** "The climate envoy’s job is to travel around the world spreading fear about global warming and pressuring countries to adopt the environmental lobby’s agenda. Mr. Kerry is good at the former. But while his seven trips to Mexico over 18 months seem to have made him Mr. López Obrador’s new BFF, they’ve done nothing to advance the cause of renewable energy in Mexico."
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– Mary Anastasia O’Grady, Wall Street Journal ([link removed])
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Biden worries about 180K b/d from Willow. Saudis Ink deal with China to supply 480K b/d.
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Berliners vote against even tighter climate regs.
** Reuters ([link removed])
(3/26/23) reports: "A referendum in Berlin on Sunday that would have bound the city to strive to be climate neutral by 2030 has failed, the city's mayor Franziska Giffey said in a statement. The measure would have forced the new conservative local government to invest heavily in renewable energy, building efficiency and public transport. Had it passed, Berlin would have been one of the few major European cities with a legally binding goal to become carbon neutral in seven years. The result 'shows that the majority of Berliners also see that the demands of the referendum could not have been implemented - not even if they were cast into law,' Giffey said. The European Union last year started a scheme to help 100 cities inside and outside of the bloc become climate neutral by 2030, but the scheme and the financial support it offers are not legally binding. The referendum was a test of whether Germans, or at least Berliners, want Germany's climate policy, which now aims to make Europe’s biggest
economy carbon-neutral by 2045, to be more ambitious."
The future is EV... for those that live to see it.
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Energy Markets
WTI Crude Oil: ↑ $70.29
Natural Gas: ↓ $2.12
Gasoline: ↓ $4.43
Diesel: ↓ $4.23
Heating Oil: ↓ $269.15
Brent Crude Oil: ↑ $75.99
** US Rig Count ([link removed])
: ↓ 838
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