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Crony Corporatist Bankers Trash Pipelines While Investing in Venezuela!

Constitution Pipeline - MarkindDaniel B. Markind, Esq.
Weir and Partners, LLP

 

Bankers refuse financing for oil and natural gas pipelines in the U.S. but will invest in Venezuela where the government is abusing its own citizens.

Two events took place in the last two weeks that exhibit vividly the interplay between energy and social responsibility. This is becoming a more contentious issue each day, and one that is inescapable. In each of these situations I submit the company involved made the wrong decision. All of us need to explore how to handle these matters, and on what to base our future decisions.

The first matter involves the nation’s fifth largest commercial bank, U. S. Bancorp based in Minneapolis. In April it released its 2017 Environmental Responsibility Policy. That policy states “(t)he company does not provide project financing for the construction of oil or natural gas pipelines”. While the bank lists wind, solar and geothermal as energy projects in which it invests and promotes, any energy project that has any relationship with oil and gas pipeline industries will be “subject to the Bank’s enhanced due diligence processes.”

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The West Virginia Royalty Mess

Constitution Pipeline - MarkindDaniel B. Markind, Esq.
Weir and Partners, LLP

 

The law on West Virginia royalty payments has been much like a yo-yo but don’t expect lawmakers to straighten it out.

On Friday, the West Virginia Supreme Court changed its State’s law with regard to royalty payments to landowners. In the case of Leggett v. EQT Production Company, the Court moved West Virginia from a “Marketable Product” state to an “At the Wellhead” state, bringing it in line with the majority.

At issue in Leggett was the deduction of post-production costs. Specifically, can a natural gas producer deduct from royalty payments made to a landowner costs incurred by the producer from the time the gas reaches the wellhead at the surface until the time the gas is sold – often at the interstate pipeline. Until Friday, West Virginia law was that the producer could not. Following Leggett, it can.

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Fighting Fractivist Fire with An Invoice!

natural gas industry

Keep It Grounded In Fact
(American Fuel & Petrochemical Manufacturers)

  

The time for tolerating fractivist antics of vandalism, violence and other forms of intolerant destructive behavior is past. It’s time to hand them invoices.

Those “peaceful” #NoDAPL protesters who tried to prevent the completion of the Dakota Access Pipeline at Standing Rock were anything but. During their months-long occupation of the Sacred Stone Camp, protesters threatened and intimidated local residents, abused animals and stole livestock, and left a trail of garbage and destruction in their wake. The cost to the North Dakota taxpayers for this “peaceful protest”: $38 million and counting.

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Attacking Critical Pipeline Infrastructure is Terrorism

natural gas industry

Keep It Grounded In Fact
(American Fuel & Petrochemical Manufacturers)

  

Homeland Security considers any attack on critical pipeline infrastructure terrorism; yet ecoterrorists are willing to somehow normalize these acts of violence.

In October 2016, extremists broke into and closed the safety valves on five pipelines.

In May 2017, arsonists broke in and attempted to burn a hole through a working pipeline.

Are these acts of property destruction? Acts of civil disobedience by idiots who failed to understand the potential personal and environmental damage they were risking?

No. They were acts of terrorism. Why? Because they were attacks against critical infrastructure.
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Think About Energy: The Importance of Energy Infrastructure

natural gas industry

Brittany Ramos
Coordinator, External Affairs
Cabot Oil & Gas

  

The Think About Energy series latest stop was Misericordia University where the importance of building much needed energy infrastructure was discussed.

Borton-Lawson, Cabot Oil & Gas Corporation, UGI Energy Services, UGI Utilities, and Williams, in conjunction with ACT for America and the Back Mountain Chamber of Commerce, hosted a “Think About Energy” Briefing today at Misericordia University.

The briefing was the 11th in a statewide series now entering its fourth year. The latest northeast Pennsylvania session drew nearly a hundred attendees seeking information about the current state of Pennsylvania’s shale gas revolution and what to look for during the second half of 2017. The session’s themes included Pennsylvania’s continued escalating natural gas production, natural gas pricing and pipeline build out, as well as the industry’s impact on jobs and career opportunities.
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Coos County Refuses to Coo for Fractivists

Constitution Pipeline - MarkindDaniel B. Markind, Esq.
Weir and Partners, LLP

 

Coos County voters do not back down to fractivists and reject a measure to ban to construction of the Jordan Cove LNG Export Terminal.

Following what generally was a quiet two weeks for shale news, a major decision came a sparsely populated area of the West Coast – Coos County, Oregon.

Last March, FERC took the unusual step of denying the proposed Jordan Cove LNG Terminal on the Oregon Coast and the Pacific Connector Pipeline that would have transported natural gas from Canada to Coos County for export.  In December that decision was upheld.

Following the Presidential election, Jordan Cove’s owners, Williams Partners and Veresen Inc. of Calgary, reapplied with FERC in January after the Trump Administration took office.  In response, opponents of the project put Measure 6-162 on the Coos County ballot.

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Modern Life Is Impossible Without Fracking

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

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The following is a condensed version of a post by Nick Grealy originally published at MyGridGB. Nick tells us why modern life is impossible without fracking.

Due to common failures of the gas industry and journalists who too often seek slogans instead of solutions there is still a widely held view, based more on feelings than figures, that natural gas is neither necessary or desirable. Easy slogans proposing simplistic solutions to complex engineering problems have invaded the debate.

The argument against gas has three strands. It often depends on glib use of the F word as simplistic value signalling. The obsession with the process instead of the product is irrelevant. Yesterday’s breakthrough, becomes today’s mainstream and in shale that date was 2014 when the “unconventional” method of hydraulic fracturing became the new normal when it provided over 50% of US gas production.

In 2017, 90% of all new US gas wells are horizontal, the other part of the shale revolution. Indeed a recent University of Texas study was unable to find evidence of ‘conventional’ gas drilling at all. Thus, in the US at least, natural gas today is produced as a matter of course by “fracking.” It’s as unconventional as making a phone call with a mobile phone to some people was in June 2007 when the iPhone was launched.

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Penn State Misses Trees for Forest Fragmentation

delaware riverkeeper - Jim Willis reports

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

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In a recent Penn State study, partially funded by the anti-drilling Heinz Foundation, researchers claim pipelines cause forest fragmentation.

Researchers from the Department of Ecosystem Science and Management at Penn State have just published a new study/paper in the Journal of Environmental Management titled, “Linear infrastructure drives habitat conversion and forest fragmentation associated with Marcellus shale gas development in a forested landscape” (abstract below).

Their thesis: “Fragmentation of ecologically important core forests within the northern Appalachians — driven by pipeline and access road construction — is the major threat posed by shale-gas development, according to researchers, who recommend a change in infrastructure-siting policies to head off loss of this critical habitat.”

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A Wonderful Lesson in How FERC Really Works

delaware riverkeeper - Jim Willis reports

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

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A recent FERC review of the Atlantic Coast Pipeline application provides a perfect illustration of how the agency works and it’s anything but rubber stamp.

One of the oft-repeated lies we hear from anti-fossil fuelers against the Federal Energy Regulatory Commission (FERC) is that the agency “never” rejects a pipeline proposal, and “hasn’t in 20 years.” The conclusion, according to liemeisters like THE Delaware Riverkeeper, is that FERC is simply a “rubber stamp” for “big oil and gas” — not to be trusted and (preferably) shut down.

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PA Petrochemical Manufacturing Growth Potential Is Staggering

natural gas industry

Brittany Ramos
Coordinator, External Affairs
Cabot Oil & Gas

  

A new study out from HIS Markit shows that Pennsylvania has abundant opportunities in petrochemical manufacturing thanks to Marcellus and Utica Shale.

Marcellus Shale Coalition shared this post with Well Said Cabot, regarding a recent report by IHS Markit regarding prospects for the petrochemical and manufacturing industries in Pennsylvania.

With the right policies, according to a new report by IHS Markit, the Commonwealth has the opportunity to realize a new wave of job-creating petrochemical manufacturing growth. In fact, the report released this week concludes that Pa. natural gas liquids production could attract four more ethane crackers in addition to Shell’s project in Beaver County and up to $3.7 billion in added investments..
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