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Tyson Slocum
@TysonSlocum
I run Public Citizen's energy program, promote renewable energy for working families, watchdog , serve on Energy Cmte, faculty
Tyson Slocum’s Tweets
A young girl didn’t want to slaughter the goat she raised for 4H. The state senator who bought the goat at auction agreed to let it live out its days eating weeds. But sheriff’s deputies drove 500 miles to kill the goat and teach a 9-year-old a lesson.
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U.S. natural gas usage growth is only being driven by exports. While domestic residential, commercial, industrial & power generation demand are all set to decline this year, there will be a projected 14% increase in U.S. LNG exports
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Things have deteriorated so much that the average American now has the same healthy life expectancy (years lived in good health) as someone in Blackpool, the town with England’s lowest life expectancy (by far), synonymous with deep-rooted social decline ft.com/blackpool
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U.S. crude oil exports broke another annual record, averaging 3.6 million barrels per day in 2022, with China one of the largest destinations
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Commodity trader Vitol posts record $15 billion profit off war and climate change disruption
BREAKING: The House just passed a massive handout for the fossil fuel industry which includes reducing fees & dumping mining waste on public lands.
50 House members have raked in over $28,000,000 from Big Oil over their careers.
We have the receipts:
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So, about that China talking point.
Is GOP against exporting gas to China then?
If not, why not?
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We’re excited about doing something to make sure we’re not dependent on China, making sure children and parents have a say in their kids’ education, and making America energy independent, lowering the price of gasoline for everyone, and bringing down inflation. -@SpeakerMcCarthy
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Five months ago I asked FERC to expedite a decision to deem Blackstone an affiliate of FirstEnergy. While we're waiting, Blackstone's executive Brian Tierney is now FirstEnergy CEO
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"The ten largest deposit accounts at SVB held $13.3 billion."
Wow. So the bailout really did protect billionaires from taking a modest haircut.
banking.senate.gov/imo/media/doc/
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private equity's layered debt ― including net-asset-value lending ― could spark systemic risk
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U.S. crude oil trading driven mostly by the pull of exports out of the Gulf Coast, and these trades have a big impact on international markets rbnenergy.com/trading-in-the
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Australia, which vies with Qatar and the U.S. as the world's biggest #LNG exporter, faces domestic shortages in its populated eastern states. Australia's LNG exports receive a higher price in Asia than they do in their domestic market
Microsoft Corp part of consortium of China-controlled company that sought to build 12,000 mile undersea data cable linking Asia to Europe. The U.S. led efforts to ultimately block it in favor of an American rival
A member of an ad hoc committee of non-US FTX account holders asks bankruptcy court to continue to keep identities confidential, in part, because he or she is “in academia” and disclosure “will likely be likely detrimental to my professional career”:
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carbon offset fraud involving Zimbabwe forest
Word on the street is Vitol made net income of more than $10bn last year (more than double its previous record) as commodity traders cashed in on the energy crisis
But the trading house CFOs are warning the bumper profits of 2022 may be the top
ft.com/content/2fd20c
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energy program director : “What's clear is that the legislature is going to have to get involved here and clarify statutory protections for consumers.”
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My @Law360 story on how a Texas appeals court's recent wipeout of @PUCTX emergency #power pricing orders enacted two years ago in the wake of Winter Storm Uri may create legal and regulatory headaches for the state's #electricity sector. law360.com/articles/15880
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Notorious commodity trading giant Mercuria launches new voluntary carbon offset biz, with Trafigura & Vitol also recently expanding into the market
BP makes on average $4.5 billion a year just in speculative commodity trading. Now U.S. majors ExxonMobil & Chevron want in on the action. More climate change price gouging is coming
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New: Previously unreleased investigative interviews w/ police officers who responded to the Uvalde school shooting revealed they abandoned their plan to quickly confront the gunman after learning a crucial piece of information: He was armed with an AR-15.
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For those too young to have lived through what happened twenty years ago, a thread of self-styled left/liberal types endorsing the invasion of Iraq
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An increase in Chinese spot purchasing will intensify competition of #LNG supplies among buyers in an already tight global market, pushing up prices
Vitol's commodity trading revenue jumps 80% to $505 billion in 2022. Sophisticated traders are profiting off of war and climate change price gouging
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For decades, Tom Craddick he has sat on the Texas house committee overseeing the oil industry.
His daughter, Christi Craddick, is the state's top oil regulator.
Last year, the family made $10 million for their oil holdings. And no one knew. Until today.
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#energytwitter PJM members fight efforts to publicize votes cast in the stakeholder process. FERC needs to act bit.ly/3yDBqvO
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Was just reminded that Barney Frank is on Signature's board, and supported S. 2155 (the 2018 Dodd-Frank partial rollback law)
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Nine days ago, every single Republican Senator on the Banking Committee (except JD Vance) signed a letter pushing the Fed to further deregulate big banks…
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NEW: @SenatorTimScott leads Banking Committee Republicans in urging @federalreserve to ensure its review of capital requirements follows the law. READ their letter here 
banking.senate.gov/newsroom/minor
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The vulture capitalists who call canceling student debt a dangerous socialist experiment are now begging for a bailout for Silicon Valley Bank after spending millions lobbying to deregulate it. Dr. King was right. We have socialism for the rich, rugged capitalism for the rest.
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This was a scoop I had 5 years ago about a bank deregulation bill, with the following quote from washingtonpost.com/news/wonk/wp/2
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Two senior aides to House Speaker Kevin McCarthy were among the top lobbyists for SVB, the bank at the center of a new financial crisis interc.pt/423oMn7 by
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BREAKING: Silicon Valley Bank's president told Congress "enhanced prudential standards" should be lifted "given the low risk profile of our activities."
Here's how they fought to weaken banking regulations:
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U.S. fracking executives say push for fatter profits to keep supplies intentionally tight - not regulation - will hold back domestic production, leading to higher oil prices this year
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"We will not grow renewables for the sake of growing wind and solar" says BP's renewables and gas chief, as the 8% returns on wind + solar lag behind much bigger returns on oil and gas
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private equity (Apollo, Ares, Blackstone) muscling out Wall Street to provide largest direct loan ever: $5.5 billion for 50% stake in Carlyle's bid to acquire Cotiviti
