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DAILY ENERGY NEWS | 10/30/2025
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** First isn't always best.
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RealClear ([link removed]) Energy ([link removed]) (10/29/25) article: "One of the biggest yet least discussed problems with the race to establish the solar industry before the subsidies run out is that the product has arguably been rushed to market before it is perfected. The construction is getting ahead of the expertise – meaning that billions of dollars could be invested in solar devices that are soon to become outdated. The haste to establish solar fields across more than a million acres of U.S. farmland – along with countless more installations around the world – has seemed to come with relatively little long-term planning as to deployment, functionality with existing electric grids and eventual decommissioning and disposal. Modern solar devices are
relatively new creations, in many cases still being studied and upgraded. And yet, giant arrays of solar panels mounted on posts – replacing acres of corn, wheat and soybean fields – are being established as though the technology is finalized and the form complete."
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** "While wind and solar surely offer good value in certain locations and at certain times, our required backbone for booming power needs remains obvious: dispatchable power from coal and gas provides consistent energy supply, supports grid stability, and enhances energy security."
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– Jude Clemente, RealClear Energy ([link removed])
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Pretty sure they said America would run out of oil by now...guess not.
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'WE'VE JUST SCRATCHED THE SURFACE': Oil giant reveals America's hidden energy empire
The world hates to admit that they love copying the United States.
** Forbes ([link removed])
(10/29/25) reports: "The U.S. shale oil and gas boom that began early this century had enormous geopolitical implications. Without it, the U.S. would have become increasingly dependent upon imports to meet energy needs, and prices would have undoubtedly been higher. In fact, in the years leading up to the shale revolution, natural gas prices spiked, and oil prices rose above $100 a barrel. But the ensuing surge of oil and natural gas production in the U.S. would subsequently turn the U.S. into the world’s largest oil and gas producer. This weakened OPEC’s control of the global oil markets, and the U.S. would go on to become the world’s largest exporter of liquefied natural gas. But shale oil and gas resources are not limited to the U.S. As the U.S. shale revolution matures and its growth shows signs of plateauing, energy markets are increasingly evaluating which countries might follow the path of the U.S. Several countries are positioning themselves for a shale boom, with profound
implications for energy security, geopolitical leverage, and investment opportunity."
California really needs to learn that money doesn't grow on trees.
** CalMatters ([link removed])
(10/28/25) reports: "The Scattergood Generating Station in Los Angeles is an oceanfront natural-gas-burning relic that sits on the uncertain brink of a clean-energy showdown. But California’s high hopes for hydrogen — and the state’s investments in it as a potential economic driver in the era of clean energy — are at a crossroads. Earlier this month, the Trump administration canceled $1.2 billion in federal funding for California’s hydrogen hub, a public-private partnership to build a clean hydrogen economy and support projects like Scattergood. The move followed a decision earlier this summer to scale back federal tax credits nationally for hydrogen. California says it’s pressing ahead with hydrogen projects including Scattergood, with or without federal support. 'The state remains committed to developing a renewable hydrogen ecosystem,” said Willie Rudman, a spokesman for the Governor’s Office of Business and Economic Development, or GO-Biz, which led the creation of the hydrogen
partnership. Clean hydrogen, Rudman added, “holds incredible potential as California continues its transition from fossil fuels to renewable energy.' Critics say that optimism ignores real costs and trade-offs."
Energy Markets
WTI Crude Oil: ↑ $60.42
Natural Gas: ↑ $3.90
Gasoline: ↓ $3.03
Diesel: ↑ $3.68
Heating Oil: ↑ $244.05
Brent Crude Oil: ↑ $64.79
** US Rig Count ([link removed])
: ↑ 575
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