Powered by Max Banner Ads 

Natural Gas NOW Picks of the Week – January 13, 2018

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

Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.

Here’s more material sent along by Natural Gas NOW readers; great stuff highlighting the power of natural gas and the absurdity of fractivism. Check out the links and other short bits below:

Continue reading

Constitution Pipeline Learns: Never Play Ball With Cuomo’s DEC

delaware riverkeeper - Jim Willis reports

Jim Willis
Editor & Publisher, Marcellus Drilling News (MDN)

… 

Cuomo’s DEC played the delay game with the permitting process of the Constitution Pipeline and won; FERC says its hands are tied and will not overrule.

This is a bitter and sad day. The five Commissioners of the Federal Energy Regulatory Commission (FERC) released a decision yesterday (copy below) that FERC will not overrule an illegal decision by the corrupt Cuomo Dept. of Environmental Conservation (DEC) to block construction of the Constitution Pipeline (which FERC approved in 2014). Is this truly “lights out” for the Constitution? It would seem so.

Cuomo’s DEC took more than two years to evaluate and eventually reject the Constitution Pipeline–a $683 million, 124-mile pipeline from Susquehanna County, PA to Schoharie County, NY to move Marcellus gas into NY and New England. Constitution went to federal court to overturn that decision, but ultimately failed last August. But then a ray of hope appeared in the galaxy. FERC overruled NY DEC in another pipeline case, so Constitution filed a request with FERC to overrule NY DEC in their case. FERC wanted to overrule DEC again.

Continue reading

It’s “Stupid Is As Stupid Does” on Northeast Gas Prices

Institute for
Energy Research

….
….  

Governor Andrew Cuomo’s bad policy decisions on pipelines and fracking in New York are causing northeast gas prices to skyrocket.

Natural gas prices in some parts of the Northeast increased by 60 to 70 times their recent rates because there is insufficient pipeline capacity in the region during periods of high demand spurred by cold weather. The recent cold weather system stressed the market as much as the polar vortex of 2014. Natural gas is increasingly being used in the Northeast for both heat and electricity, providing over half of the electricity in the region.

Continue reading

Memorandum to DRBC: Don’t Be Dolts!

John J. IntervalJohn J. Interval
Professional Petroleum Geologist.

 

John J. Interval wants the DRBC permanent fracking ban rejected for the sake of the economy and protection of property owner’s rights.

Protecting private property rights is a bedrock principle of a free society and a key to explaining American prosperity.

That principle is in danger of being subverted. The Delaware River Basin Commission, which consists of the governors of New York, New Jersey, Delaware and Pennsylvania, and the federal government, represented by the U.S. Army Corps of Engineers, proposes a permanent ban on fracking for natural gas in the Delaware River watershed without any compensation for landowners who own the rights to gas resources and who stand to lose millions of dollars in royalties. It also translates into less revenue for local governments and school systems.

Continue reading

Upstate New York Shrinks As Andy Cuts Off Pipeline Lifelines

Cuomo's Legacy - Dick DowneyRichard Downey
Unatego Area Landowners Association

    
    

Students leave and families depart. Upstate New York becomes ever less affordable and opportunity ever more limited, while Cuomo cuts off pipeline lifelines.

A recent article in the Wall Street Journal, “Power Plants Arise Near Natural Gas” noted the construction of billion dollar gas-fired electric plants in the Marcellus region of Pennsylvania. Company reps for Calpine, Invenergy, Dynegy, and Caithness said the proximity to abundant, low cost gas was the reason.

The Marcellus produces about one third of the country’s production at a steep discount to the Henry Hub standard. Contracts have sold as low as $1/mmBtu, about one third of the national price. However, difficulties in moving the gas to markets have induced power producers to move closer to supply.

Continue reading

Cuadrilla and UK Shale Already $1 Billion Enterprise?

LNG - Nick Grealy ReportsNick Grealy
Administrator of NoHotAir/ReImagineGas Blog

….
….

Nick Grealy’s math suggests Cuadrilla and the U.K.’s Bowland Shale are already worth a billion dollars before the first yield results are even published.

Opponents of UK onshore gas have consistently said it won’t make any money.  Well here goes that theory.

Cuadrilla Resources is getting closer to getting gas out of the ground each week, and this from Australian Financial Review reveals that a new investor in  AJ Lucas, which owns 45% of Cuadrilla,  sees the Lancashire Bowland as a now being  a billion dollar shale play.

Continue reading

Why Mariner East 2 Is Essential to Southeast PA – Part II

CELDF - report on Mora countyTom Shepstone
Shepstone Management Company, Inc.

 

The economic benefits of the Mariner East 2 Pipeline for Southeast PA go far beyond the $9 billion of construction impacts. There is much, much more there.

Yesterday, I excerpted parts of a guest post on Marcellus Drilling News from Garland L. Thompson extolling the economics of the Mariner East 2 to Southeast PA. My post also included material from another MDN piece on the role of the Mariner East 2 in maintaining stable propane prices in the Philly region. Earlier in the week, a new study was also released by Econsult Solutions addressing the huge economic benefits of the project with respect to pipeline and associated industrial development. The study was summarized here, but the focus was all on construction benefits. They are but the beginning.

Continue reading

Andrew Cuomo’s Upstate Hunger Games and Trojan Horses

Steingraber - Tom Reynolds Reports

Tom Reynolds
Co-Founder of Dryden Safe Energy Coalition

 

Andrew Cuomo is playing hunger games and using Trojan horses to empty out Upstate as he seeks to further increase his personal control over the Empire State.

Andrew Cuomo said, “I’ve done more for Upstate economic development than any governor in the history of the state of New York”.  With friends like Cuomo, who needs enemies?

In reality, upstate New York job growth has been less than a quarter of the national average with an outright loss of manufacturing jobs. Cuomo’s “Hunger Games” awards have mostly wasted over $3 billion supporting such economic development projects as bike trails and empty film studios.

Some might ask; what went wrong?  But the better question is; was it ever intended to succeed? To answer why Cuomo’s upstate economic development policies were never meant to succeed, it is necessary to first understand the political situation in New York.

Continue reading

Why the Mariner East 2 Pipeline Is Essential to Southeast PA

CELDF - report on Mora countyTom Shepstone
Shepstone Management Company, Inc.

 

All the hullabaloo over construction of the Mariner East 2 Pipeline (that follows the route of an existing pipeline) obscures the fact Southeast PA needs it.

Our good friend and frequent source, Jim Willis, over at Marcellus Drilling News, provides the sort of inside information you’ll never get from mainstream media or the special-interest shills at StateImpactPA when they report on Mariner East 2. Neither has much interest in reporting on anything but construction issues and hyping them to the max. Meanwhile, Jim has recently published two great articles on the forgotten story of why the Mariner East 2 is so essential to the Southeast PA folks who might seem opposed to it from all the news coverage.

Continue reading

Corruptocrat and Bay State Bozos Bring Russian LNG to US

CELDF - report on Mora countyTom Shepstone
Shepstone Management Company, Inc.

 

Andrew Cuomo, Gov. Corruptocrat, and dumb as a rock Massachusetts politicians have succeeded in bringing Russian LNG to the US through their pipeline delays.

Andrew Cuomo, not so affectionately known here as Governor Corruptocrat, has stopped three separate pipeline projects intended to bring natural gas top New York and New England. Bay State politicians of no spine have likewise caved to extreme environmentalists and fractivists in killing their own projects. There results of this corruption and incompetence are the highest natural gas prices in the world during the cold snap and the delivery of high-cost, high-carbon Russian LNG to the country that brought us the shale revolution. That revolution could have delivered low-cost, low-carbon shale gas to New York and New England but the blindness, obstinance and virtue signaling of their dreadful politicians.

Continue reading


 Powered by Max Banner Ads