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DAILY ENERGY NEWS | 09/26/2025
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** Thank you for your attention to this matter!
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Wall Street Journal ([link removed]) (9/25/25) LTE: "Rahm Emanuel seems to believe that increasing wind and solar power would reduce electricity rates, but the real-world evidence is lacking. Despite wind and solar growing from under 1% of generation in 2007 to roughly 17% of generation in 2024, retail rates haven’t fallen thanks to system-wide costs for backup power, balancing services and transmission lines. Meanwhile, U.S. states and European countries with aggressive renewable energy policies face significantly higher rates. California’s are among the highest in the country, and Britain’s industrial electricity prices are approximately four times as high as ours."
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** "A single city’s pledge to go 'carbon neutral' will have absolutely no impact on global warming, but it could limit peoples’ freedoms and undermine its and the surrounding region’s economic fortunes."
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– Linnea Lueken, Arthur B. Robinson Center ([link removed])
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Hang it up and see what tomorrow brings.
** Politico ([link removed])
(9/25/25) reports: "Gov. Gavin Newsom spent Climate Week positioning California as the foil to the Trump administration’s assault on electric vehicles, but the scope of the damage was in full view Thursday as air regulators put the final nail in the coffin for the state’s electric truck sales mandates. The California Air Resources Board — a powerful agency that sets emissions standards for vehicles, power plants and other polluters — voted to repeal its zero-emission purchasing rule for private fleets, the final remnant of the state’s aggressive push to mandate a rapid electric transition in the trucking sector. That decision was a formality after the agency failed to secure permission to enforce its stricter-than-federal Advanced Clean Fleets rule before President Donald Trump took office...Truck manufacturers say they’d happily sell more electric trucks, but that demand is lacking amid high prices and a lack of charging infrastructure. However, environmentalists are calling for increased
oversight of their pricing strategies, citing a report by the International Council on Clean Transportation that found U.S. truck prices increased by 27 percent between 2020 and 2025 — despite a 23 percent decline in Europe."
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Making wind and solar power to sell to western politicians requires a lot of CO2.
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Mike always says we need converts, so I'm turning the other cheek here...
** Bloomberg ([link removed])
(9/23/25) reports: "Major automakers want the Trump administration to weaken ambitious tailpipe emissions standards that are pushing the industry to sell electric vehicles in larger numbers. Regulations finalized under President Joe Biden for model years 2027 through 2032 'are simply not achievable' due to factors including challenging market demand, charging infrastructure and affordability issues, the Alliance for Automotive Innovation said in a regulatory filing on Monday. The industry group, which represents nearly all major carmakers including General Motors Co., Toyota Motor Corp. and Volkswagen AG, said the Biden-era rule relied on assessments about the pace of electric vehicle adoption that have proven to be overly optimistic. Growth in consumer demand for EVs has stalled, and changes in government policy are expected to further depress EV market potential,' the Alliance said. The comments come as the US Environmental Protection Agency considers rescinding a key finding that
greenhouse gas emissions from cars and other sources pose a threat to public health. The so-called endangerment finding provided the legal basis for the federal government’s most ambitious efforts to slash planet-warming emissions, including those from automobiles."
Energy Markets
WTI Crude Oil: ↑ $65.49
Natural Gas: ↓ $2.82
Gasoline: ↓ $3.14
Diesel: ↓ $3.68
Heating Oil: ↑ $243.41
Brent Crude Oil: ↑ $69.86
** US Rig Count ([link removed])
: ↑ 580
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