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DAILY ENERGY NEWS  | 11/17/2025
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Don't be fooled, Hochul is just up for re-election.


New York Post (11/13/25) reports: "Gov. Kathy Hochul is getting cooked for placing her 'Green New Deal' on the back burner. The New York leader faced attacks from both sides of the aisle this week when her administration revealed it was stalling the implementation of the All-Electric Buildings Act that includes a controversial ban on installing gas stoves in newly built homes. The law was supposed to start in January for new buildings up to seven stories, and then for all other buildings in 2029, but state lawyers agreed in a court filing to a delay amid an ongoing court fight challenging the law. Environmentalists slammed Hochul for pushing off much needed green initiatives while Republicans, like GOP candidate for governor, upstate Rep. Elise Stefanik, accused her of cynically slowing the roll-out ahead of her re-election in 2026."

"People have this techno-utopian view of AI that it will save us from the climate crisis. We know what will save us from the climate crisis – phasing out fossil fuels. " 

 

– Jean Su, Center for Biological Diversity

For California, ignorance truly is bliss.


Orange County Register (10/28/25) reports: "In recent weeks, energy experts have warned about a growing crisis in California’s oil infrastructure. Industry engineers say that the state’s crude pipelines, which carry heavy oil, are approaching a tipping point. Without steady production to keep the crude in motion, the pipelines could soon clog. Once that happens, the infrastructure will be too damaged to restart easily, leaving refineries without supply and consumers facing even higher costs. The problem is not technical, but political. California now ranks among the most expensive states in the nation for energy. That is because politics, not markets, are determining how energy is produced and delivered. Since 2019, California has reduced new oil drilling permits by 97%, effectively freezing in-state production. Regulatory barriers have delayed or blocked critical infrastructure projects, including storage and pipeline upgrades. At the same time, the state continues to retire baseload and dispatchable power sources such as nuclear and natural gas plants faster than reliable replacements are coming online. "

A step in the right direction, India.


CNBC (11/17/25) reports: "India is ramping up its energy imports from the U.S. in a bid to reduce its trade surplus with Washington — a key demand of the Trump administration during trade negotiations with New Delhi. On Monday, Hardeep Singh Puri, Indian union minister of petroleum and natural gas, announced a deal that will see the United States supply nearly 10% of New Delhi’s liquefied petroleum gas (LPG) imports. Indian state-owned oil companies have signed a 1-year deal to import around 2.2 million tonnes per annum of LPG, from the U.S. Gulf Coast, he said in a post on X, calling it 'a historic first.' This would be the 'first structured contract of U.S. LPG for the Indian market' and the purchases would be based on 'Mount Belvieu as the benchmark for LPG purchases,' he said."

Newsom vows to prevent California from having affordable energy.


Fox News (11/13/25) reports: "California Democratic Gov. Gavin Newsom vowed this week that he would stop a reported Trump administration effort to unleash energy production off California’s coast in a social media post that was widely criticized by conservatives and experts who spoke to Fox News Digital. 'Dead on arrival,' Newsom said in a post on X on Tuesday in response to a Washington Post article reporting that Trump officials are mulling plans to propose oil drilling off California’s coast 'for the first time in decades.' Newsom’s post, viewed over 3 million times, drew quick pushback from conservatives. Gabriella Hoffman, director of the Independent Women’s Forum Center for Energy and Conservation, told Fox News Digital that new offshore oil and gas projects 'should be explored in California" and that the projects are 'safe' and 'have a minimal environmental footprint due to improved technology and increased safety measures.'"

Energy Markets

 
WTI Crude Oil: ↑ $59.98
Natural Gas: ↑ $4.50
Gasoline: ↓ $3.07
Diesel: ↑ $3.76
Heating Oil: ↓ $252.11
Brent Crude Oil: ↑ $64.39
US Rig Count: ↑ 584

 
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