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New Outlet for Marcellus Shale Gas Opens for Business!

John Quigley - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

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Spectra Energy just created a new outlet for Marcellus Shale gas – great news for landowners and producers and a kick in the butt for fractivists.

It didn’t make big headlines, but our buddy Jim Willis picked up on some fantastic news. Marcellus Shale gas now has a new outlet to the Gulf Coast. Spectra Energy has asked FERC for approval to put much of its Texas Eastern Gulf Markets Expansion Project on-line. It’s celebration time for landowners and producers who have been crying for new ways to get Marcellus Shale gas to market. It’s also a sad day for fractivists. This is why they fight so hard against pipelines. It’s why the Heinz Endowments, the William Penn Foundation, the Park Foundation and NRDC gang trust-funders put so much money into funding shill organizations such as the Clean Air Council.

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The Think About Energy Forum

pipeline approvalsDouglas Berkley
Noise Solutions, Technical Sales & Solutions
Publisher: Tri-State Shale Traveler

Come out to the Think About Energy Forum on September 30 and meet, mingle and chat with key industry people in a casual atmosphere.

The Think About Energy Forum, moderated by George Stark of Cabot Oil & Gas Corp, is designed to spark conversation around energy development and use. The forum aims to increase understanding of the production, transportation and utilization of resources and to engage regional stakeholders in conversations about local economic development opportunities.  So often we don’t think about how business in the community benefit from low-cost natural gas, how pipelines can benefit whole regions, etc.

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Cuomo’s Legacy: Upstate New York’s Death Rattle

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

    
    

Governor Andrew Cuomo’s legacy is looking to be Upstate New York’s death rattle as he strips away the few natural advantages the region enjoys.

Throughout history, from our hunter/gather fore bearers to our Twittering millennials, the most powerful market signal – and nothing else comes close – is where people choose to live . . . or leave. It’s human nature. When times get hard, people have loaded the ox-cart or the U-Haul, gone steerage or bought a one-way business-class to move to greener pastures.

Consider Upstate New York. People are packing their bags. Upstate’s bleeding population. Check the plummeting school enrollments. Count the “For Sale” signs.

 

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Pipeline Infrastructure Crucial for Economy

Gene BarrGene Barr
President, Pennsylvania Chamber of Commerce of Business and Industry

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Pipeline infrastructure will give Pennsylvania’s economy the boost needed to create much needed jobs and supply low cost natural gas to millions of homes and businesses.

Pennsylvania’s economy continues to face headwinds. Unemployment has increased over the past year – now higher than the national average – with most jobs losses coming in the blue-collar construction, manufacturing and mining sectors. Policymakers and regulators can help stem this tide by enacting pro-growth policies, and that starts with building out infrastructure and authorizing the construction of several major pipeline projects.

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Naomi Klein: The Naive Nanny of Fractivism

fracking reality

Tom Shepstone
Natural Gas NOW

 

Fractivist Naomi Klein has achieved capitalist success by bashing the institution while cheerleading for those bringing Venezuelan people to their knees.

Naomi Klein is the perfect fractivist from an elitist perspective. Snobby and condescending, she’s bought fame by decrying capitalism and the oil and gas industry. The industry improves lives every day as she condemns it to improve her brand. She serves, meanwhile, as a “Fellow” at the Nation Institute in New York City, where the building is heated with natural gas. She also resides in Ontario, Canada where natural gas is the primary heating fuel for 70% of homes. She’s just a more attractive version of Michael Moore in that respect, but every bit as hypocritical. Naomi Klein, in fact, says “the fracking industry is vicious, brutal and will stop at nothing to get its way.”

She should know, given the sorts of people and government she’s supported in the past.

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The Atlantic Sunrise Needs Our Help

fracking reality

Tom Shepstone
Natural Gas NOW

 

The Atlantic Sunrise needs help. Let’s tell Pennsylvania DEP we want affordable, reliable energy and to issue the permit immediately.

We all care deeply about the economic and energy future of Pennsylvania, and the Nation.  Please help us tell the Pennsylvania Department of Environmental Protection (DEP) before August 1, 2016 that Atlantic Sunrise is a key piece of energy infrastructure. It will only take a few moments of your time to show your support.

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Cuomo’s Flotilla: Nothing More Than a Distraction

Constitution Pipeline - Dick DowneyRichard Downey
Unatego Area Landowners Association

    
    

Governor Cuomo’s recent flotilla down the Delaware River to promote tourism was simply a distraction from the problems plaguing New York.

Last week Governor Cuomo took his annual river rafting photo-op to the Delaware River to promote tourism. He brought plenty of company on his white water adventure, with over a dozen rafts and canoes filled with staff, state police, ancillary politicians, river guides, and, of course, the press. It was 45 minutes before the last trooper’s canoe shoved off and the press went home. The event got good coverage. The message was that the Delaware River Valley is beautiful. Maybe the publicity will bring some tourists. Upstate can use all the help it can get.

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Where Are We on the Wolf Severance Tax Proposal?

severance tax

Charles A. Schliebs
Managing DirectorStone Pier Capital Advisors, LP

 

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What are the prospects for Tom Wolf’s proposed severance tax after losing the first round with the Pennsylvania legislature? Charlie Schliebs evaluates.

When we published our last issue of our company newsletter in July of last year, we were simply waiting for the 2015-16 Pennsylvania budget to be approved by Governor Wolf before publishing the next issue, in which we planned to explain how the key budget compromises were made and what they meant for the shale gas industry, not only in Pennsylvania but also in adjoining states.

Well, we waited, and we waited, and we waited, and things were really never solved. Instead, the Governor lost on all accounts (shale gas severance tax and otherwise) and all the cans were kicked down the road for another try with the 2016-17 budget due at the end of this month, June 30, 2016. What happens next with the 2016-17 budget? Well, let me offer some observations.

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How to Produce an Atlantic Sunrise: Fight for It!

atlantic sunrise - Jim Willis reportsJim Willis
Editor & Publisher, Marcellus Drilling News (MDN)

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The Atlantic Sunrise is critical infrastructure for Marcellus Shale development. We must fight for it; for the sake of our economy and our environment.

Now, yes now, is the time to roar and let the Federal Energy Regulatory Commission (FERC) know you support the Williams Atlantic Sunrise pipeline project. Atlantic Sunrise is part of the Transco (Transcontinental Gas Pipe Line Corporation) system. It is a $2.1 billion project consisting of compression and looping of the Transco Leidy Line in Pennsylvania, along with a greenfield (brand new) pipeline segment of 178 miles, called the Central Penn Line, connecting the northeastern Marcellus producing region to the Transco mainline near Station 195 in southeastern Pennsylvania (see Atlantic Sunrise Will Pump $1.6B into Economy, Create 8K Jobs).

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The Strange and Unexpected Friends of Gasland

atlantic sunrise - Tom ShepstoneTom Shepstone
Natural Gas NOW

 

Gasland II was the beginning of the end of Josh Fox’s meaningful influence on the fracking debate but it sure attracted some strange and unexpected friends .

Everything started going downhill for Josh Fox after Gasland II came out – it was that bad. Fox’s influence has dwindled in inverse proportion to his arrogance and he has, ever since, increased the intensity of his table pounding and made ever more extravagant claims i vain attempts to bring more attention to himself. I’m not sure any of us care that much what he’s up to these days, but his 15 minutes of fame served to help identify some of the enemies of rural development who flocked to him like moths to a streetlight during that period and they are a strange and eclectic bunch, if nothing else.

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