Shale Gas News – April 17, 2021

Shale Gas NewsBill desRosiers
External Affairs Coordinator, Cabot Oil & Gas

The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about FERC, natural gas exports, DiamondBack Energy Inc. and much more last week.

The Shale Gas News has grown again to the Williamsport area on stations WEJS 1600 AM & 104.1 FM. The Shale Gas News is now broadcasting in Bradford, Lackawanna, Lancaster, Lebanon, Luzerne, Lycoming, Pike, Sullivan, Susquehanna, Tioga and Wayne Counties, as well as in greater central PA and now the Williamsport area. The Shale Gas News is aired on Saturday or Sunday depending on the station.

Every Saturday Rusty Fender, Matt Henderson and I host a morning radio show to discuss all things natural gas. Our friends held a conference week ago and had a great panel discussion about the petrochemical opportunities in northwest Pennsylvania. We played the panel discussion from Lance Hummer, of the Keystone Community Education Council, as he talked with the local workforce development folks.

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CCIA: The Community and Climate Investment Act Climate Pollution Tax

NIMBYismRoger Caiazza
Independent Researcher and Publisher,
Pragmatic Environmentalist of New York

[Editor’s Note: New York’s Community and Climate Investment Act (CCIA) is unfolding as a financial hit on New Yorkers who will face new carbon taxes.]

In the spring of 2021, the New York state Senate introduced the Climate and Community Investment Act (CCIA).  Coming on the heels of the Texas energy debacle one might think that politicians would not propose any changes to energy and environmental laws until the causes of that disaster were understood or would at least make implementation contingent upon feasibility studies to determine if the ambitious goals of this legislation don’t risk a similar outcome in New York. Such is not the case, however as I will show in this post

I have written extensively about implementation of the Climate Leadership and Community Protection Act (CLCPA) because I believe it will adversely affect affordability and reliability as well as create more environmental harm than good. The CCIA will make those impacts worse.  The opinions expressed in this post do not reflect the position of any of my previous employers or any other company I have been associated with, these comments are mine alone.

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Natural Gas Keeps Electricity Cheap and Plentiful in Pennsylvania

Tom Shepstone
Shepstone Management Company, Inc.

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Natural gas fired generation of electricity has been a huge win for Pennsylvania thanks to Marcellus Shale development.

An article yesterday at Today In Energy reveals an important but seldom appreciated fact about about natural gas; that an electricity generating facility using it can achieve capacity factors of over 70%, which is more than twice that of solar and wind,

Moreover, gas-fueled power plants can dispatch electricity whenever needed and the efficiency of the equipment is getting better every day. Gas is king when it comes to electricity generation and for a very good reason. And, outside Texas, Pennsylvania is king in producing the stuff, giving tremendous comparative economic advantages to the Commonwealth in relation to other Northeast states.

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CNX Makes Healthy Communities Investment of $30 Million

Tom Shepstone
Shepstone Management Company, Inc.

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CNX Resources, led by the incomparable Nick Deiuliis, is investing $30 million in creating healthy communities in Western Pennsylvania.

CNX Resources unapologetically advocates for the middle class in a very real way. Here’s an explanation of what CNX is doing via a news release from yesterday: Far too many corporatist enterprises are now engaged in meaningless tokenism and moralizing from a leftist perspective. They are, essentially, following the Alinsky playbook, which, as described in “Rules for Radicals,” is to exploit the middle class and undermine it while simultaneously, but very superficially,  advocating for it. The examples are all around us today as these corporatists consistently reject the views and ignore the needs of their middle class customers in favor of political preference and political favors. CNX is different.

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Germany Energy Taxes to Go Green with Energiewende Lead It to Go Bust

germanygermany energy


[Editor’s Note: Germany energy solutions now being pursued by Biden, California, New York, New Jersey, et al have proven to be disasters on every level.]

Germany’s scathing audit report on renewable energy makes readers aware that its Energiewende—the mandated transition to renewable energy—was and continues to be expensive, making the country’s residential electricity prices the highest in Europe and costing the country billions in future network costs, as well as exposing the country to energy supply shortfalls that puts it at a risk for blackouts.

Germany has been held up as an example to the world for their “energy transition,” but as it turns out, their experience has created chaos for producers and consumers, while threatening the German economy. President Biden now has another data point to examine in his proposal to transition to net zero electricity since it appears that he has not learned much from the California and Texas debacles.

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Wind and Solar Are Intermittent and Incapable of Meeting Our Needs

Ron Stein
Author, Engineer and Founder of PTS Advance

 

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[Editor’s Note: Wind and solar may address demands for green virtue signaling opportunities but can’t truly meet the needs natural gas is able to satisfy.]

Before world leaders move too fast to consummate their climate policies, they need to be cognizant of two “aha” moments: 1) wind and solar can only generate intermittent electricity, and 2) electricity cannot manufacture the oil derivatives that are the basis of the thousands of products that have built the world’s cities, countries, and economies over the last 200 years.

Can you imagine primitive man with an abundance of wind and solar electricity and nothing to power! Imagine living with Just GREEN Electricity.

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PJM Grid Subject to Texas Style Blackouts If We Go Too Green

climate changeGordon Tomb
Senior Fellow, Commonwealth Foundation

 

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[Editor’s Note: The PJM grid is at great risk. It is threatened by the green virtue signaling of politicians such as Pennsylvania’s Tom Wolf.]

With Green New Dealers running Washington, D.C., and Gov. Tom Wolf pushing so-called green energy from Harrisburg, questions must be asked about the development of Pennsylvania’s electric transmission system and the impact on the PJM grid.

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Carbon County Rises to Defend Its Rights from the DRBC

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

 

[Editor’s Note: Carbon County, Pennsylvania, apparently knows a rat when it sees one and is going to defend itself from a takeover of the ship.]

Carbon County, PA is the latest county to join in and support Pennsylvania’s Republican State Senators suing the Delaware River Basin Commission (DRBC) over its ban on hydraulic fracturing.

In a brilliant move aimed at boxing in the Delaware River Basin Commission (DRBC), two northeastern Pennsylvania State Senators–Gene Yaw and Lisa Baker–along with members of the PA Senate Republican Caucus (27 Senators in all), filed a lawsuit in January against the DRBC accusing the quasi-governmental agency of “taking” the property rights of PA residents without just compensation under the law.

A group of 16 left-wing PA Democrat Senators filed to “intervene” in the lawsuit. The battle lines are drawn. PA counties are lining up to support the Republicans in the lawsuit.

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Net Zero Is Just Trash Talk to An India Seeking to Lift Up Its Citizenry

Duggan Flanakin
Director of Policy Research, Committee For A Constructive Tomorrow

[Editor’s Note: The government of India refuses to kowtow to Western elitists trying to impose net zero carbon policies on a nation needing development.]

India is just one of an increasing number of “developing” nation which have recognized that the mad rush toward a “net zero carbon” economy does not serve the interests of their ordinary citizens. These countries are also waking up to the fact that serving the public interest necessitates major increases in abundant, affordable, reliable, mostly fossil fuel electricity to power their burgeoning economies.

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