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DAILY ENERGY NEWS | 03/28/2025
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** On the latest episode of The Unregulated Podcast, Tom and Mike deliberate who will pick up the leadership mantle of the rudderless Democratic Party. Now streaming on our website ([link removed]) and all your favorite pod-catchers.
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** "Utilities are rethinking plans for renewable electricity. The artificial intelligence revolution may require Texas, Virginia, and other states to double power generating capacity within the next decade. Wind and solar systems can’t meet this demand."
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– Steve Goreham, The Heartland Institute ([link removed])
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A full repeal of the IRA is the only thing that will allow Team Trump to unleash America's full energy potential.
** CFACT ([link removed])
(3/27/25) article: "Republicans who are on record supporting some of the taxpayer funded subsidies in the 'Inflation Reduction Act' could gum up the works for President Donald Trump’s efforts to cut wasteful spending, according to energy policy analysts. Trump enjoys broad and deep public support for eliminating profligate expenditures, fraud, and abuse in government...The Inflation Reduction Act was misnamed right from the beginning, according to '** The American Energy Blueprint ([link removed])
.' The just-released list of policy recommendations is a product of the Institute for Energy Research (IER), a Washington-based group that advocates for free market policies. The Blueprint includes a list of policy recommendations for the Trump and makes the case for repealing the subsidies...Tom Pyle, the IER president, views the Blueprint as a 'roadmap' for Trump to achieve his overarching goals of delivering affordable energy and robust economic growth. 'As the world’s leading energy producer, America excels at generating energy more efficiently, safely, and cleanly than any other nation,' Pyle said in a press release. “In the early days of his presidency, he is taking significant steps toward delivering on that commitment. However, much remains to be done…' Some of the key ingredients of the Blueprint include expanding consumer choice, reducing subsidies such as those in the IRA, curbing government spending and taxation, streamlining regulations, and modernizing the permitting process."
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On strictly humanitarian grounds, saving Canadians from their own knock-off Biden EV mandate is reason enough for annexation.
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I wonder if the survey asked if they preferred the certainty of Biden's policies?
** Energy Now ([link removed])
(3/27/25) reports: "Activity in the U.S. oil and gas sector increased slightly in the first quarter of 2025, but uncertainty and pessimism among companies also rose, a Dallas Fed survey showed on Wednesday. U.S. President Donald Trump has promised to unleash U.S. energy dominance, declaring a national energy emergency on his first day in office. Yet many in the sector were worried that Trump’s trade and tariff policies could slow the economy and dent energy demand. The company outlook index decreased 12 points to -4.9, suggesting slight pessimism among firms, the Dallas Fed survey said. The uncertainty index was up by 21 points to 43.1. The survey, conducted in mid-March, included 88 exploration and production companies and 42 oilfield firms operating in the largest U.S. oil-producing region that includes Texas, southern New Mexico and northern Louisiana. Costs among oilfield service firms rose faster in the first quarter of 2025 than in the fourth quarter of 2024, the survey showed. Even
so, production kept climbing."
Energy Markets
WTI Crude Oil: ↓ $69.77
Natural Gas: ↓ $3.91
Gasoline: ↑ $3.15
Diesel: ↑ $3.60
Heating Oil: ↓ $227.35
Brent Crude Oil: ↓ $80.95
** US Rig Count ([link removed])
: ↓ 598
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