FERC Report Tells the Story as the Shale Revolution Moves Ever Forward

cost of renewables - Tom ShepstoneTom Shepstone
Natural Gas NOW

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The recently released FERC State of the Markets Report, 2018″ report is an update on the progress of the shale revolution as it moves forward claiming new territory.

The highlights say it all (emphasis added):

  • Natural gas markets experienced record high demand and supply.
  • Natural gas storage fell to a multi-year low.
  • Pipeline additions helped to reduce Marcellus bottlenecks.
  • Higher average prices were seen nationally for both gas and electric markets.
  • Capacity additions were led by natural gas-fired and wind-powered generation.

Even the wind generation increases could not have occurred with natural gas backup (and subsidies from ratepayers getting natural bargains).

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Andrew Cuomo Proves What A Pathetic Governor He Really Is

cost of renewables - Tom ShepstoneTom Shepstone
Natural Gas NOW

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Andrew Cuomo is clearly trying to position himself to run for President at some point, but his actions show why he’ll never go anywhere outside of New York.

Andrew Cuomo is an unusually good demagogue within New York, where city voters dominate and much of the electorate supposes electricity comes from an imaginary sun god. He’ll never make it outside of the Empire State, though. His brand of politics depends on a frightening ability to sell stupidity. His recent remarks about suing the Trump Administration over its executive order regarding water quality certification for pipelines demonstrate just how little this guy has to offer.

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Sen. Gene Yaw Says “Cut Them Off” If They Don’t Like Our Gas!

cost of renewables - Tom ShepstoneTom Shepstone
Natural Gas NOW

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Pennsylvania Senator Gene Yaw is apparently introducing a bill to cut off the gas supply to adjoining states who don’t want to be seen as gas supporters.

Sen. Gene Yaw represents much of the Northeastern Pennsylvania gas region. Like most of us, he’s sick and tired of being lectured by the adjoining and major natural gas using states of Maryland, New Jersey and New York about the sins of fracking. Their hypocrisy on the issue is nothing less than stupendous, of course. Gene Yaw is determined to call them on it. He says he will, in fact, introduce legislation to cut them off, which is something we’ve all dreamed about, isn’t it?

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Natural Gas Is Gaining on Renewables; The Gap Has Never Been Wider

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

 

The supposed inevitability of renewables is a matter of faith with gullible fractivists but the facts show we’re using more natural gas energy than ever.

Never surrender to the hype. Facts always serve us better in the long run, although the temptation to accede to the will of crowd is ever strong. Such is the case with the supposed inevitability of renewables, which are anything but. Indeed, natural gas is gaining on renewables according to the latest data from the Energy Information Administration.

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NESE Project Divides Ordinary New Yorkers and Elite Environmentalists

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

 

A video highlighting the support of New York City public housing leaders for the NESE project illustrates the gap between ordinary New Yorkers and elites.

Too much of environmentalism is pure elitism. It elevates aesthetics above the needs of ordinary human beings for the basic necessities of human life. Look behind any large environmental organization today and you’ll find the richest people on earth funding attacks on the needs of ordinary people for the sake of scenery and the like.

It’s all clothed in the language of cleaning the air, protecting water and cuddling cute threatened animals. Or, it’s about “saving the planet,” as if the planet needed us. Nonetheless, it’s really about protecting the space around elites and promoting their special interests. Nothing so illustrates this as the debate over the Northeast Supply Enhancement or NESE project.

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The Absurdity of Nuclear Subsidies and Some Who Oppose Them

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

 

Pennsylvania, like some other states, is considering nuclear subsidies. It’s as absurd as it gets, until you get to those who oppose all dispatchable energy.

It’s rare that I get to say I agree with StateImpactPA, the house organ of Pennsylvania’s anti-gas gentry class Haas and Heinz families. But, today is one of those days. Why? Because I learned through EnviroPolitics of a post at StateImpactPa setting forth some of the key facts about the costs of Pennsylvania’s proposed nuclear subsidies, facts provided by Pennsylvania’s Office of Consumer Advocate. They’re devastating.

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The Gentry Class Attacks Washington County Prosperity, Buys A Pulitzer?

DRBC fracking ban - Tom Shepstone ReportsTom Shepstone
Shepstone Management Company, Inc.

 

The fractivist screed “Amity and Prosperity,” an attack on Washington County prosperity by the gentry class just won a Pulitzer Prize from … her husband?

The gentry class has nothing but contempt for the middle class for whom it speaks. It uses the latter merely as a leverage to advance its own special interest agenda. That agenda is elitist to the core and shared among those whom are members of the club; the condescending sons and daughters of wealth and prestige who suppose it’s their obligation to look out for the rest us and, of course, keep us in our place.

That’s what drives so much of the trust-funder opposition to fracking, which has brought prosperity to forgotten parts of America, parts the gentry class would just as soon become wilderness. A book by Eliza Griswold released last year demonstrates, as she goes after the oil and gas industry and Washington County prosperity.

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Con Edison Warns New Yorkers: No More Gas Without NESE Project

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

 

Con Edison has told New Yorkers the truth some of them don’t want to hear; a moratorium on new natural gas connections is coming to the City without NESE.

Con Edison is making it unmistakably clear; New York City will face major natural gas shortages without the Northeast Supply Enhancement pipeline project. It has done so in a remarkable letter issued by one of its executives to New York elected officials. The letter is summarized in a short piece at PoliticoNewYork, but it’s important to read the whole thing.

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Broke Turnpike Commission Wasting $2 Million on Elon Musk Scheme?

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

 

This is insane! The Pennsylvania Turnpike Commission is spending $2 million it doesn’t have to study an Elon Musk hyperloop scheme NIMBYs are going to hate.

One of my friends who enjoys tweaking his closest associates sent me a news story yesterday for comment. He knew it would set off another friend on the distribution list. It infuriated me as well. It was this story, which starts out “Elon Musk’s futuristic vision for hyperloop transit could be in the works for a Pennsylvania route between Philadelphia and Pittsburgh.” It was a red-blinking, bell-clanging warning that yet another Elon Musk corporatist rip-off was in the works—in my home state, no less! And, sure enough…

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