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DAILY ENERGY NEWS | 09/10/2025
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** The energy abundance train continues to gain steam.
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RealClearEnergy ([link removed]) (9/9/25) argues: "Abundance is deceptively simple. But in today’s energy debate, it’s a radical departure from the leftwing politics of scarcity that have too often dominated our policymaking. Scarcity tells us to cut, reduce, and constrain. Abundance says: build more. Build so that everyone has more housing, more infrastructure, more energy. And right now, we need far more energy. The scale of demand is staggering. According to ICF, U.S. electricity consumption is projected to grow 25% by 2030 and 78% by 2050. Much of this surge comes from the twin revolutions in artificial intelligence and electrification. Data centers alone are expected to double their power consumption by 2030, and electric vehicles are projected to consume nearly 300 terawatt-hours a year by the end of the decade, adding the equivalent of Turkey’s annual electricity use onto America’s grid.
The challenge is unmistakable. Our energy system must expand dramatically and fast."
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** "The Protect Consumers from Reallocation Costs Act advances President Trump’s growth agenda for American energy and lowers costs for hardworking families, ensuring that refineries in Utah and across the nation are not subjected to unlawful regulations invented by DC lobbyists... Nowhere in the Clean Air Act does it say that the swampy corn lobby can force Americans to pay more for their products."
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– Senator Mike Lee (R-UT) ([link removed])
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Northeast Governors are desperate to help offshore wind.
** Bloomberg ([link removed])
(9/9/25) reports: "Governors in the US Northeast are considering dropping resistance to natural gas pipelines and other fossil fuel projects in the hopes they can convince President Donald Trump to allow offshore wind farms to move forward. The Democratic governors of Connecticut, Rhode Island and Massachusetts are racing to save wind projects worth billions of dollars along the East Coast after the Trump administration halted construction of one and is moving to rescind permits for others. Governors and wind supporters have brainstormed ideas of potential concessions that could be offered up during any negotiation with Trump over imperiled projects. That includes small modular nuclear reactor projects and fossil-fuel infrastructure, according to people familiar with the matter, who asked not to be identified because the information is private."
Kudos to Secretary Wright for speaking truth to the climate crazies.
** E&E News ([link removed])
(9/8/25) reports: "Energy Secretary Chris Wright called an international agreement to cut planet-warming emissions 'impossible' and 'crazy' and said he planned to tout the benefits of natural gas on an upcoming trip to Europe. 'The Paris Agreement is silly,' Wright told a group of reporters Friday following remarks at the Council on Foreign Relations. 'To agree to get to net zero 2050, it’s just a crazy, bad idea. No. 1, it’s impossible, and to try to even nudge in that direction just makes everyone poorer and makes their lives worse.' Climate scientists — and decades of research — overwhelmingly agree that pollution created by burning fossil fuels is rapidly making the planet hotter, sparking more extreme heat waves, droughts, floods and other extreme weather."
Energy Markets
WTI Crude Oil: ↑ $63.33
Natural Gas: ↓ $3.02
Gasoline: ↓ $3.19
Diesel: ↑ $3.71
Heating Oil: ↑ $232.21
Brent Crude Oil: ↑ $67.16
** US Rig Count ([link removed])
: ↑ 577
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