Energy costs impact literally every American. When energy costs go up, so do the costs of virtually everything else. Manufactured housing is impacted again when the time comes to transport a home from the factory to a retail center, land-lease community or manufactured home development. In the instance of ‘street retailers,’ higher gas (fuel) costs impact is felt again when a home is transported from the retail to its homesite. It is against that backdrop that MHProNews provides the following insights into the politics that are not too far behind the scenes on what is arguably an enforced error by team Biden when it comes to oil production and its interrelated costs.
Facts are what they are, even when some big tech platforms try to muzzle or silence facts. The following tweet is about Facebook/Meta.
Watch the full vid here: pic.twitter.com/1TtVu3ZPAa
— Lindsey Curnutte (@lindseycurnutte) March 15, 2022
Team Biden blaming Putin doesn’t fit the facts. As an FYI, CNN today published a report on how Putin’s wealth plays into the current conflict. Their report has some elements in common with the 2nd op-ed linked below that is also referenced in the first linked report. However, those op-eds on TampaFP go deeper and the first one beat CNN’s insights by 8 days. Properly understood, the CNN report and our two linked reports via mainstream media below make useful bookends to understanding why sanctions alone will do little in this conflict.
It is against that backdrop that MHProNews provides this first in a series of three fresh news reports that reveal aspects of happenings that may or may not cause a shift in Biden’s current stance on oil production which ultimately impacts energy and fuel costs. Depending on what mainstream media sources you may normally read, these insights could well be new to you.
From the WND Newscenter is the following report.
Leftists demand halt to oil drilling on federal land, insist there’s climate ’emergency’
Claim banning fossil fuels will lead to ‘affordable’ energy
By WND News Services
Published March 17, 2022 at 2:27pm
By Thomas Catenacci
Daily Caller News Foundation
The Congressional Progressive Caucus (CPC), a group of 97 left wing lawmakers, urged President Joe Biden to declare a “climate emergency” and issue a series of bans on federal oil and gas leasing.
The requests were part of the CPC’s proposed agenda for executive action released Thursday that it would like to see the White House pursue moving forward. Democratic Washington Rep. Pramila Jayapal is the caucus’ chair and Sen. Bernie Sanders is its sole member from the Senate.
“There is no people-centered agenda that doesn’t include aggressive, bold climate action and reducing our reliance on fossil fuels,” the caucus said in a fact sheet released along with the agenda. “While the executive branch has made progress, there is more to do to meet this moment and lower costs by transitioning to clean energy.”
In addition to declaring a climate emergency, the CPC urged Biden to mobilize domestic renewable energy manufacturing via the Defense Production Act, reinstate a crude oil export ban and build large-scale renewable energy systems nationwide. The Democrats also asked Biden to ban all new federal oil and gas leases.
The CPC agenda also said the White House should move to end all existing fossil fuel subsidies. There are approximately $20 billion in subsidies allocated to the fossil fuel industry every year, according to a 2019 Environmental and Energy Study Institute report.
Biden should finally order the executive branch — including the State Department, Treasury Department and U.S. Export-Import Bank — to phase out all financing for domestic and international fossil fuel projects and reallocate that money toward clean energy projects, the CPC said.
“In order to secure clean air and safe drinking water, healthy communities, energy independence, and a livable climate for all of us, President Biden can and must use every tool available,” Sierra Club legislative director Melinda Pierce said in a statement. “The Biden administration also must leverage the government’s vast purchasing power and rulemaking authority to further expedite the transition from fossil fuel dependence to affordable and secure sources of clean energy.”
Sunrise Movement advocacy director Lauren Maunus added that Biden must “use the full powers of the presidency” to stop climate change and not alienate “his own base.”
However, the CPC’s agenda didn’t address the critical mineral supply chain or increased domestic mining, topics that experts and international energy groups have stressed. The U.S. has fallen behind on mineral production which is important for renewable energy technology.
China controlled about 55% of the world’s mining capacity and 85% of global mineral refining in 2020, a White House supply chain report from June concluded.
Energy Information Administration data also showed that the U.S. government subsidized the renewable energy industry far more than it did the fossil fuel industry, according to the Columbia Climate School. Fossil fuel industry groups have also argued that an oil export ban would shock the global market and benefit hostile actors such as Russia which would fill the gap.
This story originally was published by the Daily Caller News Foundation. ##
Next up.
In an all too divided America, it is interesting to note this fresh polling on the desire of Americans for more or less domestic oil production. Courtesy of the WND NewsCenter.
WND
Poll: Nearly 80% of Americans want Biden to boost oil production
‘Nobody believes the preposterous claims that green energy can fix this disaster’
By Bob Unruh
Published March 16, 2022 at 5:29pm
When Joe Biden was elected he immediately attacked the American energy industry.
He canceled the Keystone pipeline project, that was being developed to bring millions of barrels of oil to the U.S. He made it harder to develop natural gas resources. He had a go at making the oil permitting and well drilling processes much harder – or even impossible.
The result was a surge in gasoline prices that contributed to an inflation rate measured at 7.5% for consumers.
Then Russia invaded Ukraine, further destabilizing the world’s energy industries, and pushing that inflation rate in America up to 7.9%.
Voters are fed up.
A new poll from Convention of States Action, in partnership with the Trafalgar Group, one of the most accurate pollsters over recent years, shows that 77.3% of the respondents say in the wake of Russia’s attacks on Ukraine, Biden “should make increasing American energy production a priority.”
Only 9.3% said no.
The results are from a poll March 7-11 of more than 1,000 likely 2022 election voters
“We can see in these numbers that Americans of all political stripes are being heavily impacted at the gas pump and want to see decisive action to ease our inflation-plagued economy. But this is not only about lowering prices, it’s also obvious to everyone that buying oil from our enemies threatens both America’s national security and our economy,” said Mark Meckler, president of Convention of States Action.
In fact, the average price for a gallon of gas in the United States now is well above $4, the highest price in history.
In some locations, those prices are stretching into the $6 and $7 range.
“Voters want Americans to benefit from American-produced energy, Meckler added, “Nobody believes the administration’s preposterous claims that so-called green, alternative energy sources can help us fix this growing disaster, and leaders in both parties would be wise to take immediate steps to change our current energy trajectory.”
The poll showed that even 67% of Democrats want Biden to make boosting American energy production a priority.
For Republicans, it was an overwhelming 88.6% in that category, and for independents, it was 77.6%.
The poll actually was leaning toward Democrats, as 39.3% of the respondents were in that party. Only 35.6% were in the GOP and 25.1% were independents. ##
The third of three reports related to oil and energy spotlights a stance by progressive Democratic Congressman Ro Khanna (CA). From the WND NewsCenter to MHProNews is this report.
Green Democrat says U.S. needs more domestic oil – for now
‘Obviously not consistent with climate aspirations’
By WND News Services
Published March 16, 2022 at 7:23pm
By Thomas Catenacci
Daily Caller News Foundation
Democratic California Rep. Ro Khanna, an advocate of aggressive climate policies, acknowledged Wednesday that the U.S. must increase domestic oil production in the “short term.”
Khanna, the chairman of the House Oversight and Government Reform Committee’s environment panel, added that an increase in oil production shouldn’t cut against the nation’s long-term climate goals, Bloomberg reported. President Joe Biden has pledged that the U.S. will have a completely carbon-free power grid by 2035 and that the country will produce net-zero emissions by 2050 while Democratic lawmakers, including Khanna, have pushed even more aggressive actions.
“In the short term, yes, we need domestic increase in oil production,” Khanna told Bloomberg on Wednesday. “And that obviously, is going to not be consistent in the very short term with climate aspirations.”
“But I think over the long term, we can still have our climate goals,” he continued.
Russia’s ongoing military assault of Ukraine has caused uncertainty in global energy markets, leading to higher oil and gasoline prices around the world. Russia, which exports most of the energy it produces, is a major supplier of crude oil to the U.S. and European countries.
In the weeks following Russia’s invasion, Khanna has asked Biden to tap the Strategic Petroleum Reserve, argued the crisis proves the need for a swift national transition to renewable power and joined a Democratic letter to the White House urging rapid movement of a proposal to boost climate spending by $555 billion. But the California lawmaker has stopped short of directly calling for more oil production.
In October, Khanna initiated an investigation into Big Oil’s alleged decades-long “disinformation” campaign covering up the harmful impacts of carbon emissions. During the initial hearing, during which CEOs of the largest fossil fuel companies testified, Khanna suggested the industry should decrease production.
“Let me just ask a ‘yes’ or ‘no’ question on this, Mr. Wirth. Are you embarrassed as an American company that your production is going up while the European counterparts are going down?” Khanna asked Chevron CEO Michael Wirth during the hearing.
“OK. You are not embarrassed,” he continued after Wirth responded that global energy demand was increasing. “I am just asking an open question. It is not a ‘gotcha’ question. Do you commit to do anything to matching your European counterparts to try to bring the actual demand of oil production down?”
A follow-up hearing was slated for March 8, but was abruptly canceled without warning amid the Ukraine crisis.
Khanna’s office didn’t immediately respond to a request for comment from the Daily Caller News Foundation. ##
The first previous report linked below reveals the startling connection between fuel costs and MHVille stock movement on that date.
Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.
The Business Daily Manufactured Home Industry Connected Stock Market Updates. Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Headlines from left-of-center CNN Business – from the evening of 3.17.2022
- Above the fray
- BERLIN, GERMANY – OCTOBER 19: Russian President Vladimir Putin attends a meeting to discuss the Ukrainian peace process at the German federal Chancellery on October 19, 2016 in Berlin, Germany. The leaders of Russia, Ukraine, France and Germany, known as the Normandy Four, met in Berlin to discuss implementation of the peace plan known as the Minsk Protocol, a roadmap for resolving the conflict in Ukraine after Russian forces invaded in 2014 and annexed the peninsula of Crimea. The United States has threatened renewed sanctions on Russia if the country did not either implement the plan in the coming months or arrive at a plan on how to do so.
- A palace, a yacht and a hidden fortune: How Putin purportedly maintains a life of luxury
- Crisis: What it means for Russia to default on its debt
- Oil: Prices spike back above $100 as Russia fears grow
- China: 4 ways the ally is quietly making life harder for Russia
- Koch Industries: Here’s why we’re staying in Russia
- Stocks: Covid. War. Inflation. Recession fears. Markets can’t keep up
- Your wallet: Rate hikes are here. What does that mean for you?
- Opinion: The Fed can’t afford to move too slowly on interest rates
- Mass media: Zoom calls and graphic videos help Zelensky meet Americans where they are
- False info: Facebook removes Zelensky deepfake
- Watch: Marina Ovsyannikova: ‘My life has changed irrevocably’
- Aviation: Russia moves to seize hundreds of planes from foreign owners
- LATEST HEADLINES
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- Warren Buffett’s Berkshire Hathaway is making a huge bet on this oil company
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- AUTOS
- CHARLOTTE, VERMONT – NOVEMBER 5: A 2021 Toyota RAV4 Prime electric car recharges its batteries November 5, 2021 at a charging station next to the town hall in Charlotte, Vermont. The starting price for a RAV4 Prime plug-in hybrid is $38,350.
- Gas prices are rising. It’s time for another look at plug-in hybrids
- BMW hopes 50% of its vehicles will be electric by 2030
- Ford will start shipping Explorers without all the parts
- Tesla’s cruise control woes dampen full self-driving hopes
- VR headsets are headed to your car’s backseat
- FAST FOOD
- A Starbucks coffee cup sits on a table on June 11, 2021 in Miami, Florida.
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Headlines from right-of-center Newsmax – evening of 3.17.2022
- Biden to Press Xi to Get In Line
- Over Condemnation of Russia
- Biden to Press Xi to Get In Line <br>Over Condemnation of Russia
- President Joe Biden gestures as he meets with China’s President Xi Jinping during a virtual summit from the Roosevelt Room of the White House last November.
- The White House was tight lipped on whether Biden will threaten China with sanctions during his call, but some sort of response is on the table. [Full Story]
- Russian Invasion of Ukraine
- US Civilian, a Teacher, Dies in Russian Attack
- Zelenskyy Urges Germany: Tear Down Wall Dividing Free and Unfree Europe
- Blinken: War Crimes Have Been Committed in Ukraine
- PayPal Enables Customers to Send Money to Ukrainians
- Recognize Putin as War Criminal: Ukrainian Defense Minister to EU Lawmakers
- Experts: Russia Used Cluster Bombs
- Rescuers Search for Survivors in Smashed Mariupol Theater
- Formidable ‘Kamikaze Drones’ in US Ukraine Weapons Package
- Putin Claims Ukraine Poses Nuclear Threat to Russia
- Kremlin: Talks With Ukraine Continue, No Deal Yet
- Kremlin: Many People in Russia Are Showing Themselves to Be Traitors
- Putin’s Extensive Modernization Plan for Military Has ‘Failed’ platinum
- More Russian Invasion of Ukraine
- Newsmax TV
- Reschenthaler: Zelenskyy’s Churchill; Biden’s Chamberlain
- Mace: I Agree That ‘Putin Is a War Criminal’ | video
- Rosendale: Timeline for Ending Ukraine War ‘Critically Important’ | video
- Grothman: Get Ukraine the Weapons It Needs to Fight Russia | video
- Waltz: Putin ‘Living Rent-Free Inside Biden’s Head’ | video
- Ex-Putin Aide: Biden WH ‘Not Fulfilling Promises’ to Support, Defend Ukraine | video
- Hinson: Resolution Forces Administration’s Hand on Border | video
- More Newsmax TV
- Newsfront
- Senate GOP Leader Won’t Support Texas-Styled Abortion Bill
- Tennessee’s Senate Speaker Randy McNally on Thursday said he does not support legislation that would ban abortions and allow almost anyone to file civil lawsuits against violators and collect damages.Earlier this week, Tennessee became the latest GOP-led state to introduce…… [Full Story]
- Biden to Press Xi to Get in Line over Condemnation of Russia
- [Full Story]
- Trump: Wisconsin Assembly Speaker ‘Wrong,’ Decertification Possible
- Former President Donald Trump on Thursday urged Wisconsin Republican [Full Story]
- American Civilian Killed in Russian Attack in Ukraine
- The State Department confirmed Thursday that an American citizen was [Full Story]
- Hunter Biden Probe Still Active
- A federal grand jury continued to examine evidence in a wide-ranging [Full Story]
- Related
- NY Post: NY Times Finally Admits Hunter Biden’s Laptop Is Real
- Putin’s Extensive Modernization Plan for Military Has ‘Failed’
- As Russian troops start to lose steam and struggle to gain new ground [Full Story] | Platinum Article
- Russia Says It Has Might to Put ‘All Brash Enemies in Their Place’
- One of Russian President Vladimir Putin’s closest allies on Thursday [Full Story]
- NY’s Ex-Gov. Cuomo: Open to Running Again, Despite Resignation
- Former New York Gov. Andrew Cuomo is contemplating a political [Full Story]
- Breaking Down What Zelenskyy Wants and What Biden Will Give
- Invoking two of America’s darkest hours – Pearl Harbor and 9/11 – [Full Story] | Platinum Article
- US Stocks Extend Rally Even as Oil Climbs Back above $100
- Wall Street extended a rally into a third day on Thursday, even as [Full Story]
- Cramer to Newsmax: Russia Pushing Green Energy to Make US Dependent on Their Oil
- Kevin Cramer, R-N.D., told Newsmax on Thursday that Russia is [Full Story] | video
- Mortgages Top 4% for First Time Since May 2019
- Following the Federal Reserve’s first interest rate hike since 2018 [Full Story]
- Austin Swerves When Asked If Russia Committing War Crimes
- Defense Secretary Lloyd Austin on Thursday did not follow Secretary [Full Story]
- Hawley: Supreme Court Nominee Has ‘Alarming Pattern’ Sentencing Sex Offenders
- Josh Hawley, R-Mo., took to Twitter on Wednesday night to [Full Story]
- IRS Chief: Agency Outmatched in Audits of Big Companies
- The IRS is “outgunned” when it conducts audits of some of the biggest [Full Story]
- Grassley: ‘What Is FBI Hiding’ in Parkland Settlement?
- Chuck Grassley, R-Iowa, is demanding to know if the FBI is [Full Story]
- UN Votes to Establish Ties with Taliban Government in Afghanistan
- The UN Security Council adopted a resolution Thursday to secure a [Full Story]
- Progressive House Caucus Pressures Biden to Issue Executive Orders Ahead of Midterms
- Amid growing recognition on Capitol Hill that little time remains to [Full Story]
- Arnold Schwarzenegger Pleads With Putin to “Stop This War” Between Russia and Ukraine
- Arnold Schwarzenegger has issued a direct appeal to Russian President [Full Story]
- Honduras Judge Says Ex-president Can Be Extradited to US
- Former President Juan Orlando Hernndez should be extradited to the [Full Story]
- Pentagon Estimates Putin Has Committed 75% of Forces to Ukraine
- Russian President Vladimir Putin has committed “around 75%” of his [Full Story]
- Michael Savage Turns 80
- Michael Savage has been a colossus astride the American political [Full Story]
- US Housing Starts Rebound Sharply in Feb; Building Permits Fall
- S. homebuilding rebounded sharply in February as the drag from cold [Full Story]
- Biden Officials Fear ‘Mass Migration Event’ If Title 42 Expires
- There are fears among Biden administration officials that the [Full Story]
- Fewer Americans File for Jobless Claims Last Week
- Fewer Americans applied for unemployment benefits last week as [Full Story]
- Putin Claims Ukraine Poses Nuclear Threat to Russia
- Russian President Vladimir Putin maintains Ukraine could be a nuclear [Full Story]
- China Accused of Harassing Ex-dissident Running for US Congress
- S. prosecutors accused China on Wednesday of spying on [Full Story]
- Pope to Consecrate Russia and Ukraine to Immaculate Heart of Mary
- Pope Francis will consecrate Russia and Ukraine to the Immaculate [Full Story]
- Honduran Judge Grants US Extradition Request for Ex-President Hernandez
- A Honduran judge authorized on Wednesday the extradition of former [Full Story]
- Fed Chair Powell’s Renomination Advanced by Senate Panel
- A key Senate panel late Wednesday gave its stamp of approval to [Full Story]
- Two British-Iranians Arrive in Britain, Ending Iran Prison Ordeal
- British-Iranian aid worker Nazanin Zaghari-Ratcliffe and dual [Full Story]
- Finance
- US Taps GM, Oracle, Airline CEOs for Homeland Security Advisory Panel
- The U.S. Homeland Security Department said Thursday it was naming the chief executives of General Motors, United Airlines American Airlines, Bank of America, Oracle and others to an advisory council…. [Full Story]
- USAA Fined $60 Million for Flaws in Anti-Money Laundering Program
- Crucial Russian Sovereign Bond Payment Received, Processed by JPMorgan
- BNY Mellon Expects $100M Hit to Q1 Revenue From Pausing Russia Business
- Ruble up in Moscow, Falls Offshore in Volatile, Thin Trading
- More Finance
- Health
- New Study Finds We Are Now Living Longer and Healthier
- Older adults may not only be living longer, but better as well, according to a new U.K. study. Researchers found that since the 1990s, British adults age 65 and up have been enjoying more years living independently, free of disability. That’s despite the fact that many…… [Full Story]
- New Tick-Borne Virus Is Spreading Across US
- High Triglycerides May Double the Risk for Repeat Stroke
- More Than 30 Companies to Start Making Pfizer COVID Pill
- Alzheimer’s Drug Controversy Continues As Biogen Publishes Limited Data
MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” © Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use” © features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting.
Manufactured Housing Industry Investments Connected Equities Closing Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
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- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
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- 2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments. MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing and have completed over a dozen years of serving the industry as the runaway most-read trade media.
- 2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
Sample Kudos over the years…
It is now 12+ years and counting…
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.