Daily on Energy: The timing factor in an energy trade dispute with Mexico

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Daily on Energy: The timing factor in an energy trade dispute with Mexico
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ONE REASON FOR AN ENERGY DISPUTE WITH MEXICO NOW: Election timing could factor into the Biden administration’s move to escalate a dispute with Mexico under the USMCA over its treatment of American energy companies.

Welcome to Daily on Energy, written by Washington Examiner Energy and Environment Writers Breanne Deppisch and Nancy Vu . Email [email protected] or [email protected] for tips, suggestions, calendar items, and anything else. If a friend sent this to you and you’d like to sign up, click here. If signing up doesn’t work, shoot us an email, and we’ll add you to our list.

Leaders of the House Energy Action Team said the moves were “disastrous” to U.S. energy production and energy security:"The same President who begged Saudi Arabia for more oil and berated American oil & gas producers for not ‘increasing production’ just banned American energy producers from utilizing nearly 40% of the Arctic National Wildlife Refuge,” Reps. August Pfluger of Texas and Kevin Hern of Oklahoma said in a joint statement.

As Breanne reports, the Department of the Interior said in a press release that the actions will permanently ban oil and gas drilling on more than 10.6 million acres in Alaska's National Petroleum Reserve, ensuring"maximum protection" for more than 40% of the reserve, which is located in Alaska's North Slope and is the largest undisturbed public land in the U.S.

“He’s a FERC staffer who’s detailed over to work for Manchin, which is a little unusual, but he’s very knowledgeable,” one of the FERC observers told the outlet. “It wouldn’t surprise me if there’s some level of comfort with him based on his working [on the Hill].”FERC is the federal body tasked with overseeing most of the U.S. power grid and regulating the nation’s natural gas, electric, oil, and hydropower industries.

On a related note – Bitcoin miner makes $31.7 million in August: Bitcoin Miner Riot Platforms said yesterday that it earned $31.7 million in energy credits from ERCOT in August alone by voluntarily cutting back on energy consumption during a record-breaking heatwave, CNBC reports

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