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Tesla Troubles Illustrate the Futility of Subsidized Energy

PennFuture - Tom ShepstoneTom Shepstone
Natural Gas NOW
   

   

Elon Musk is a great con man but his Tesla troubles suggest that will only take you so far when your business is subsidized energy – milking the government.

Renewables and natural gas are natural partners; a point we’ve made numerous times here but many renewables advocates suppose they don’t need a partner, except for the government. No one better exemplifies this subsidized energy business model than Elon Musk, the pasty-faced trendy fellow who has captured the minds and hearts of millennials and investors desperately hoping to be on ground floor of the next Amazon.

Musk is a hustler’s hustler, though; a man with an imagination bigger than the universe and the ability to sell others on his visions. Nonetheless, a string of recent bad news for Tesla may signal the approaching end of his subsidized energy scam, requiring him to pack up the wagon and move on to the next town.

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DRBC Members Admit Gas Drilling and Fracking Is Safe? What Gives?

PennFuture - Tom ShepstoneTom Shepstone
Natural Gas NOW
   

   

Members of the DRBC considering a fracking ban have just admitted the gas drilling and fracking are safe. What kind of political chicanery is going on here?

The Delaware River Basin Commission (DRBC) is composed of five members consisting of the states of Delaware, New Jersey, New York and Pennsylvania plus the Federal government represented by the Army Corps of Engineers. The Susquehanna River Basin Commission (DRBC) is composed of four members consisting of the states of Maryland New York and Pennsylvania plus the Federal government represented by the Army Corps of Engineers.

The majority of both commissions consists of the same parties. What the SRBC knows, the DRBC knows and vice-versa. Moreover, they operate under virtually identical compacts. Both provide drinking water for millions. Yet, DRBC is pretending the threats to drinking water are so great that fracking must be banned, while the SRBC is admitting it is safe and has had no impact on water quality. Why is the DRBC lying?

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The Dividing Line Between Upstate NY Distress and PA Success

natural gas boats - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

Upstate NY has 53 “distressed communities.” Comparing the worst to two Pennsylvania shale communities shows us Gov. Corruptocrat’s fracking ban didn’t help.

The Pennsylvania Manufacturers Association “dividing line” video tells a powerful story but the most compelling part of that story is told in Census data. The American Community Survey is the tool the Census Bureau uses to estimate population, incomes and the like on an annual basis. It has proven quite accurate and I went to it yesterday to check out the facts on a rural community in Chenango County, New York know as the Town of Plymouth. It’s not far from Norwich and part of the Southern Tier of New York that has been denied fracking by Gov. Corruptocrat at the behest of gentry class families hoping to empty out as much of Upstate as possible. Plymouth explains a lot.

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The Dividing Line Between Hope and Darkness for the Southern Tier

natural gas boats - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

New York’s Southern Tier is dying, slowly and painfully, abandoned by its state leaders as it is forced to witness what could be from across a dividing line.

It apparently takes Pennsylvanians to speak up for New York State’s Southern Tier. The Empire State’s leaders are more interested in appeasing a politically correct gentry class domiciled in the ivory towers of Manhattan. Well, that’s not entirely fair. There are numerous New Yorkers willing to speak up and they have done so very articulately and with a passion born of truth. The Pennsylvania Manufacturers Association (PMA) had to provide the forum and they’ve done so with a remarkable good video that is a must-see.

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Natural Gas Kills Renewables in Reducing CO2 Emissions

natural gas boats - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

The latest data from the Energy Information Administration (EIA) shows natural gas has been absolutely killing renewables insofar as CO2 emissions savings.

Natural gas and renewables are natural partners when it comes to reducing CO2 emissions but natural gas has been doing all the heavy lifting according to official calculations by the EIA. This is news that should warm the heart of everyone truly concerned about greenhouse gas emissions.

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Dead Billionaire’s Tax Scheme Funds Earthworks Fractivism in Texas?

natural gas boats - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

Earthworks, a fractivist group that has focused a lot on Texas, is being funded by a foundation created to help an eccentric billionaire avoid paying taxes.

Earthworks is one of several fractivist groups that are part Jay Halfon’s network. Halfon is the Fractivist Rasputin, intimately connected with the trial lawyer community, the PIRG scam and the Park and Rockefeller families. These are the movers and shakers behind fractivism and, especially, Texas fractivism. Halfon, who lives in a very expensive apartment in a trendy part of Manhattan, serves on the board of Earthworks as well several other fractivist enterprises.

Earthworks is fractivist to the core, having created the Oil and Gas Accountability Project that spawned Deborah Rogers, the goat farmer, cheesemaker and model who fancied herself an economist and repeatedly predicted the implosion of the shale revolution until no one was listening anymore. It also supported Calvin Tillman the erstwhile Mayor of Dish, Texas, his sidekick and their “ShaleTest” farce, as well as the infamous Texas Sharon, who Tillman bragged about meeting weekly and still serves on the Earthworks staff. These are names from the past, for the most part, but now Texas and five other states are targeted by Earthworks in a new fractivist campaign financed by a dead billionaire who was only trying to avoid paying taxes.

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Yet Another Municipality Regrets Being Conned by the CELDF

natural gas boats - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

Add Highland Township, Elk County, Pennsylvania to the growing list of communities conned by the CELDF who now regret being taken in by these radical scammers.

A little over two years ago, Jim Willis of Marcellus Drilling News (MDN) and I wrote here about a legal battle going on in Indiana and Elk Counties, Pennsylvania. We discussed the radical nature of the CELDF and its campaign to essentially throw out our Constitution and government, replacing all with some sort of statist utopia where big big guy Tom Linzey could sit on the throne, eating drumsticks and grapes while dispensing socialist justice and reflecting on far he had come from his days as the spoiled school nerd. It was all about yet another pair of communities sucked into the Community Environmental Defense Fund (CELDF) whirlpool of extremism and enticed to adopt one of its plainly unconstitutional “community rights ordinances.”

Highland Township, Elk County (population of 492) was taken in by the CELDF. It passed a a version of the same basic community rights Tom Linzey has used to manipulate other communities into supporting his revolutionary agenda using issues with bottled water plants, trains and others wherever he can find them. The smaller and more naive, the better, of course. Realizing, shortly after, that this strategy was going nowhere legally, the Supervisors seem to have been given the equally bright idea by Linzey they could simply avoid the Constitution by adopting a home rule charter. Now, those hopes have been dashed by a Federal Court decision once again demonstrating CELDF should be the acronym for Community of Elitist Lawyers Doing Flimflam.

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Pipeline Jobs Are Real and Are Created Where the Action Is

natural gas boats - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

Let there be no doubt; pipeline jobs are real, happen where the pipelines are being built and provide first-class employment opportunities for the trades.

I’ll never forget a trade union speaker at the giant Harrisburg rally for gas a while back. He pointed how tired he was of hearing pipeline opponents say such construction jobs were but temporary. His reply? “I’ve been feeding my family for 25 years with those ‘temporary’ jobs.” How right he was. Not only that, but those jobs don’t all go to out-of-town pipeline workers but, rather, tend to stay within the region where the action takes place. Now we have more proof.

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Laura Legere Does Yet Another Phony Story on Fracking

natural gas boats - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

Laura Legere, long-time lackey for the fractivist cause, has produced another hit piece on the natural gas industry that leaves out the most important facts.

Laura Legere is no journalist. She’s a hard-core advocate playacting as one and always has been. A weekend story in the Pittsburgh Post-Gazette and the Philadelphia Inquirer, to which she “contributed,” is just the latest fusillade aimed at an industry she has long despised. When Laura was still at the Scranton Times, I once did an analysis of her natural gas coverage over the preceding year and found she had written nearly 40 stories on the subject, all but one of which were relentlessly negative. She is anything but objective and that has been proven yet again with this latest phony hit piece aimed at the industry in regard to the Pennsylvania severance tax debate. Fortunately, the Marcellus Shale Coalition (MSC) is fighting back.

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Dumb and Dumber: Feds Want to Subsidize Coal and Nuclear

Dakota Accessbudget shortfallMike Krancer and Keith Naughton
Principals, Silent Majority Strategies, LLC

 

ALERT: Coal and nuclear energy industries threatened by the economics of natural gas want subsidies from taxpayers, joining renewables advocates and everyone else.

DOE just rolled out a Notice of Proposed Rulemaking (NOPR) with FERC that amounts to requiring subsidies for nuclear plants and coal plants. This would be a sea change in how competitive electricity markets work. Some would say the proposal scraps competitive wholesale electricity markets.

The proposed rule would provide for “accurately pric[ing] generation resources necessary to maintain reliability and resiliency.” There would be “recovery of costs of fuel-secure generation units frequently relied upon to make our grid reliable and resilient.”

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