Energy Dominance Is Being Restored Says President Trump

Tom Shepstone
Shepstone Management Company, Inc.

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The U.S, in 2017, became a net exporter of natural gas on an annual basis for the first time since 1957. We’ve done same with oil. Call it energy dominance!

Earlier this week, President Trump traveled to Midland, Texas, to deliver a speech on U.S. energy dominance. Think about it! We have gone from an elusive, seemingly wistful, quest to be released from dependence on the Mideast to now going well beyond to a very real situation of world-wide energy dominance. It didn’t seem possible but shale made it happen and President Trump articulated how and why in his speech. Here are the best parts: Continue reading

Nuclear Bailouts Are Uniting All in Disgust Over Corruption and Subsidies

Tom Shepstone
Shepstone Management Company, Inc.

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Nuclear bailouts became a thing suddenly over the last few years, and one is now proposed in Pennsylvania, but corruption and subsidies are revealing a scam.

One industry has been on tear recently in the race for government rent. Nuclear bailouts seem to have become the order of the day, in fact. But, just as suddenly, these nuclear bailouts have been revealed as ugly corrupt scams. Speakers of the House in two different states are now embroiled in criminal investigations over briberies they are accused of taking from the nuclear industry, which is under enormous financial pressure from natural gas. The solution, as the nuclear industry saw it, was to abandon free enterprise and start sucking money out the government. It very quickly spent hundreds of millions in several states attempting to fleece consumers. The predictable result of this cash infusion into politics has been major corruption.

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Upstate New Yorkers Dealt Another Blow As Pennsylvania Advances

Tom Shepstone
Shepstone Management Company, Inc.

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Upstate New Yorkers are suffering in every way possible. They have been sold out by their government, but in Pennsylvania there is a much different dynamic.

New York and Pennsylvania have two of the worst governors in the land, a fact easily demonstrated by their mismanagement of the WuFlu. They’re a couple of panderers to various leftist causes. Yet, the results in terms of other issues such as natural gas development are far different.

New York has written off such development, dispensing with the interests of Upstate New Yorkers as if they were Clark Griswold’s hillbilly cousins. Pennsylvania has just enacted a piece of legislation to stimulate new economic development using its natural gas resources as leverage. The explanation for this dichotomy is simple. The Empire State is dominated by urban areas and has a Democrat legislature to match. The Keystone State is more balanced between urban and rural and also has a Republican legislature to match. It makes all the difference in the world for Upstate New Yorkers and rural Pennsylvanians.

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Damascus Citizens Seeks to Muddy DRBC Lawsuit to Help Oppressors

Tom Shepstone
Shepstone Management Company, Inc.

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Damascus Citizens for Sustainability is a totally phony shill for the Heinz Endowments, et al and wants to file an equally phony brief in the DRBC lawsuit.

Damascus Citizens for Sustainability is a largely Manhattanite fractivist outfit funded by the Heinz Endowments, among others, and while passing itself off as a group of citizens from my hometown, Damascus, Pennsylvania. They’re as close to being Damascus citizens as I am to be a member of the swank Norwood club in “ultra artsy” Chelsea where “you brush arms with a few celebs.” It is “dripping with elegance [and] sure to impress,” they say.

Timeliness and coherence apparently not required, though, as the group just asked leave of the court to file an amicus brief in DRBC lawsuit brought by the Wayne Land and Mineral Group (WLMG). They filed it late, using the WuFlu as an excuse, and basically asked for permission to throw a shovel full of manure against the wall. WLMG wasn’t impressed and it’s response is beautiful.

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Solar Subsidies Paid by Ratepayers Drawing Ire in South Australia

Tom Shepstone
Shepstone Management Company, Inc.

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South Australia, once again, provides a leading example of how solar subsidies are paid by and punish ratepayers who can ill afford to show green virtues.

We covered the South Australia solar debacle several times here, most recently by pointing out what that fiasco teaches us about stupid green new deal programs such as Andrew Cuomo is now implementing in New York and Tom wolf would love to do in Pennsylvania. There’s a role for all forms of energy generation and we’d be fools not to entertain rooftop or backyard solar as a way to supplement baseload generation. Indeed, I’ve drafted zoning rules for municipal clients who want to make sure it’s accommodated. Still, we’re doing no one any favors when we exploit ratepayers in an attempt to make it look economical. That’s what’s happening with solar subsidies in South Australia and there’s now lots of pushback on that front. Expect the same here in America down the road. Natural gas is a far better deal for all.

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Krancer vs. Shapiro; Former DEP Secretary Strikes Back

Tom Shepstone
Shepstone Management Company, Inc.

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Former Pennsylvania DEP Secretary Mike Krancer is mad as hell about Attorney General Josh Shapiro’s attack on his former agency and the gas industry.

Mike Krancer is manning the ramparts, defending Pennsylvania DEP from an absolutely despicable attack on the agency by the politically shameless Attorney General, Josh Shapiro, who clearly is posturing to replace Tom Wolf in 2022. We included Mike’s detailed rebuttal of the Shapiro hit job here, but he has now gone further with an op-ed in the Philadelphia Inquirer.

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Biden Spending Plan More Like A Green Slime Covered Money Pit

Tom Shepstone
Shepstone Management Company, Inc.

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Joe Biden has said he’ll spend trillions on green energy but a little study reveals it’s a nothing but a green slime covered money pit.

Joe Biden is pandering to AOC, green energy extremists and green eggs and scam investors. He has a plan to spend $2 trillion on a green energy slush fund. Unfortunately, that plan doesn’t begin to account for the real cost, doesn’t assure any real progress on emissions and deliberately ignores the measures that might make a real difference.

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