Thank God for Joe Manchin - Oct 22

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dan_s
Posts: 34607
Joined: Fri Apr 23, 2010 8:22 am

Thank God for Joe Manchin - Oct 22

Post by dan_s »

Houston Chronicle: Democrats coalesce around new climate policy, leaving room for gas on power grid
"With efforts to rapidly shift the nation’s power sector from fossil fuels faltering, Democrats are moving ahead on a climate policy that makes greater room for natural gas and possibly even coal on the U.S. power grid. Democratic leaders have failed to convince Sen. Joe Manchin, D-W.V., and other party moderates to support a budget package that includes the Clean Electricity Performance Program, which would force power companies to switch from carbon-emitting power plants to wind, solar and other clean energy."

MY TAKE: There must be a few smart Democrats. It is PHYSICALLY IMPOSSIBLE for the U.S. switch all electricity generation that now comes from natural gas and coal to wind and solar. The material to make a change of that magnitude does not exist and even if they did it would destroy the U.S. economy because we would have regular black outs.

The Green New Deal is NOT GREEN and the costs (money and standard of living) are too high. This stuff is FEAR being used to justify high taxes and more government control.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34607
Joined: Fri Apr 23, 2010 8:22 am

Re: Thank God for Joe Manchin - Oct 22

Post by dan_s »

Biden talks clean electricity plan, high gas prices. E&E News.\
President Biden said yesterday he expects gas prices to remain high until next year and there’s not much he can do about it. At a CNN Town Hall, Biden insisted the cost of gasoline is largely beyond his control, noting much of the price is controlled by OPEC, which had dropped production during the pandemic. “My guess is, we’ll start to see gas prices come down as we go into next year, 2022,” Biden said. < Good Old Joe is wrong again.

Oil refining renaissance under threat from natural gas crisis. Houston Chronicle.
Surging prices for natural gas are threatening to eat up the profit some oil refiners are making on their fuels, forcing them to cut processing rates and even altering normal crude-buying patterns. Natural gas -- specifically methane -- is central to making the hydrogen that oil refineries rely on for diesel-producing machines called hydrocrackers and hydrotreaters, which help to eliminate sulfur.
Dan Steffens
Energy Prospectus Group
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