Shale Revolution Expands with Growing US LNG Exports and Capacity

naturalgasnowTom Shepstone
Shepstone Management Company, Inc.

LNG exports are growing along with the capacity to expand them even further down the road. LNG exports are the next exciting phase of the shale revolution.

Today In Energy had a post on Monday that provides yet another example of the power of the shale revolution. It’s all about growing US capacity to do LNG exports. Those LNG exports are the future; helping to lift poorer nations abroad, as well as rural areas at home, out of poverty while cleaning the air.

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Bradford County LNG Plant Yet Another Example of Unstoppable Natural Gas

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

If further proof were needed of unstoppable natural gas, a new Bradford County LNG Plant shows increased demand for shale gas is producing rural revitalization.

A little story in the Rocket-Courier the other day provides still more evidence how natural gas, and especially the shale revolution here in Pennsylvania, is changing everything and producing real economic opportunity for rural America. A new $800 million Bradford County LNG plant is being developed in Wyalusing that will allow LNG to made locally and shipped by truck and maybe rail to other areas (New England comes to mind) needing gas and previously unable to get it. The result will be real savings for gas customers and real economic development here at home.

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When Will the Yellow Jacket Protests Come to New York?

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

Yellow jacket protests will be coming to New York. It’s but a question of when. Andrew Cuomo and lackeys have sowed the wind and will reap the whirlwind.

The French yellow jacket protests include the worst riots in generations and are spreading. They’re the predictable result of elitist fuel tax policies supposedly intended to fight global warming; policies that have been implemented without regard to the impact on the ordinary man. If experience is any guide, it won’t be long until they hit New York.

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Upstate New York: The Unbearable Burden of New York City

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

Upstate New York has the misfortune of being in a state where one city dominates everything, saddling everyone else with the heavy burden of New York City.

Upstate New York is going nowhere. It is at the mercy of a state government focused culturally, economically and politically on New York City. The City is the economic engine of the state but it operates in a walled off engine room with few, if any, connections to Upstate New York. Oh, yes, there are the visitors from the City who throw out a few dimes for those who supplies their lattes when the patronize the local coffee shop, but with those dimes come with billions of dollars in added taxes to support a bloated state government no one but New York City wants or needs.

The City folks, of course, argue Upstate gets subsidized, but that’s irrelevant when state mandates are imposing local share costs Upstate New York can’t begin to afford. New York City is a net burden and a very heavy one on Upstate. We get some hints as to just how heavy that burden really is, and how disastrous the fracking ban and current attempt to stop all pipeline development in Upstate New York is, from a Federal Reserve Bank analysis.

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Is Susan Sarandon Really That Unaware or Just That Selfish?

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

Susan Sarandon posted a shockingly stupid Tweet yesterday, one that shows just how unaware and/or selfish some activists really are on environmental issues.

Susan Sarandon has never been a bright bulb in the world of celebrity activism. I remember well when she showed up in Dimock at Ray Kemble’s junkyard on that big diesel bus. She came with Loco Ono to do a stunt and, for once, did her best to avoid the camera when Phelim McAleer tried to ask her an actual question. Her idea of shedding light on the issues is to send out a mind-numbingly dumb Tweet, which is what she did yesterday.

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The One Chart That Explains Everything About Pipeline Opposition

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

One chart demonstrates why the Delaware Povertykeeper, Clean Air Council and the rest of the pipeline opposition spends so much gentry class cash on it.

Jim Willis uncovers more invaluable news about the natural gas industry in the Appalachian shale basin than anyone else I know. He and his Marcellus Drilling News have their ears close to the ground and a subscription is a must if you don’t already have one. Yesterday, he posted one of his most important posts ever titled “Price of NatGas Doubles… Thanks to Atlantic Sunrise Pipe.” That should be enough to get your attention but the chart he included made the point ever more poignantly.

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Those French Fuel Riots and the “Great Wall of Cuomo”

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

The French fuel riots demonstrate what can happen when ordinary people are denied the basic necessities of life by “let them eat cake” elitists with agendas.

The French Revolution is hardly a thing to be admired, given its ultimate consequences, but it was the natural result of a “let them eat cake” elitist mentality on the part the country’s monarchs. Ironically, Louis XVI, was a liberal monarch by the day’s standards, but he was too slow to understand the force of what was happening and had a completely tone-deaf wife. They both lost their heads as a result.

Today, there is another French revolution of sorts taking place as “Yellow Vest” protesters and anarchist rioters are turning Paris upside down to oppose fuel prices increases mandated by a similarly tone-deaf French President Macron. The President is committed to the climate change battle because that’s what European elites are expected to do and has implemented a number of measures designed to discourage driving and the like by French “roturiers” (commoners) as the upper classes fly to global warming conferences in private jets. The French people are having none of it.

Could New Englanders revolt in a similar way when high natural gas prices hit again or the heat goes off due to New York Governor Andrew Cuomo’s pipeline obstruction? Could the “Great Wall of Cuomo” come tumbling down, rhetorically speaking, as New Englanders armed with pitchforks attack?

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Marcellus Shale Region Is Leading Edge of the Shale Revolution

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

The latest EIA data on natural gas reserves indicates the Marcellus Shale region is at the head of a glorious shale revolution, leading the way forward.

The Energy Information Administration (EIA) is out with some new data on natural gas reserves that is simply astounding. It shows the Marcellus Shale region is leading the shale revolution by every measure that counts for anything. The region, in fact, is leaving Texas in the dust when it comes to shale gas.

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