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Note from the editor: With Josh off, today’s Daily on Energy is a roundup of the latest headlines. Daily on Energy will return to normal coverage on Tuesday, Oct. 5.
Welcome to Daily on Energy, written by Washington Examiner Energy and Environment Writer Josh Siegel (@SiegelScribe). Email [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.
THE LATEST ON DEMOCRATS REGROUPING: House Democratic leaders said in a closed-door meeting this morning they plan to pass the bipartisan infrastructure plan today despite significant opposition.
Democratic leaders postponed the vote on Thursday after dozens of lawmakers in the House Progressive Caucus threatened to defeat it.
On Friday morning, Progressive Caucus Chairwoman Pramila Jayapal said dozens of lawmakers in her caucus are still waiting for Senate Democrats to provide the framework of legislation for a social welfare spending package with a price tag as high as $3.5 trillion. Democrats also want a guarantee it will pass the Senate.
“I have consistently said that we need a vote in the Senate because I want to make sure that there are no delays, that there are no mix-ups, that there are no mixed understandings about what the deal is,” Jayapal said.
Read more from the Washington Examiner’s Susan Ferrechio.
NEW FLOOD INSURANCE PREMIUMS TODAY: The National Flood Insurance Program is rolling out new pricing Friday, an effort to more accurately price the risks of flooding. A better alignment between premiums and flood risk would help mitigate the effects of climate change, in theory.
Some policyholders are facing big increases in premiums, the Wall Street Journal reports.
BLM HAS A NEW DIRECTOR: The Senate confirmed Tracy Stone-Manning last night as the new head of the Interior Department’s Bureau of Land Management.
Stone-Manning was approved in a 50-45 party line vote in the face of fierce Republican opposition based on her past association with an “ecoterrorist” group involved in tree spiking, the Washington Examiner’s Jeremy Beaman reports.
ENERGY PRICES LEADING INFLATION IN EUROPE: Headline inflation among countries on the Euro reached 3.4% in September, its highest level in 13 years.
Surging energy prices are compounding the hike in prices as the front-month gas price at European benchmark Dutch TTF hub has increased nearly 400% since the start of the year, CNBC reports.
LATEST ON UK GASOLINE CRISIS: “Many British gas stations were still dry on Friday after a chaotic week that saw panic-buying, fights at the pumps and drivers hoarding fuel in water bottles after an acute shortage of truck drivers strained supply chains to breaking point,” Reuters reports.
The shortage has added to existing labor-driven supply chain issues in recent months, which have caused fast-food restaurants to run low on chicken and pubs on beer.
CHINESE ENERGY FIRMS ORDERED TO SECURE FUEL: Chinese officials have ordered state-owned energy companies to procure adequate fuel supplies for the winter at all costs.
More than half of the country’s provinces have experienced power shortages in recent weeks that have led to outages for businesses and some residences. Additional blackouts “won’t be tolerated” by officials, Bloomberg reports.
OIL AND GAS FUNDING ADS AGAINST BIDEN CLIMATE AGENDA: The American Petroleum Institute is running social media advertisements attacking the energy and climate proposals in Democrats’ reconciliation package, the New York Times reports.
The ads target congressional Democrats by name and take aim at funding proposals outlined in the party’s reconciliation package, which includes tax hikes on corporations and new emissions fees on oil and gas producers.
The Rundown
Wall Street Journal Why LED bulbs don’t always live up to the hype about their life spans
DNyuz The world wants Greenland’s minerals, but Greenlanders are wary
The American Prospect New flood insurance rates still subsidize coastal development
Calendar
WEDNESDAY | OCT. 6
10 a.m. 406 Dirksen. The Senate Environment and Public Works Committee will hold an oversight hearing to examine the response by the U.S. Army Corps of Engineers to Hurricane Ida.
