Author Archives: Tom Shepstone

American Shale Is the Miracle Some Politicians Would Destroy

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Tom Shepstone
Shepstone Management Company, Inc.

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Nick Deluliis is on a truth-telling mission all too uncommon in corporate America today as he articulates the miracle that is the American shale revolution.

There is literally no one in the American shale industry who has spoken more bluntly, more factually and more consistently on behalf the miracle that is the American shale revolution than Nick Deluliis. He has been courageous in confronting the green political correctness of the gentry class elites because of his working class roots. He’s never forgot them and he has, yet again, thrown a big bowl of the truth on the dinner table for those corporate followers and politicians (e.g. Joe Biden) who pretend to be leaders to dip from if they dare.

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Ohio Cracker Project A Target of the Usual Anti-Gas Suspects

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Tom Shepstone
Shepstone Management Company, Inc.

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An absolutely phony group called the Institute for Energy Economics and Financial Analysis has done a hit job on an important proposed Ohio cracker project.

I just read a recent article about a group called the Institute for Energy Economics and Financial Analysis and their study concluding a proposed Ohio cracker wouldn’t produce any jobs. The headline is “Cracker plant won’t bring petrochemical jobs boom to Ohio, experts warn,” which told immediately the “study” was totally political. First, no organization with a name such as that is ever anything but political. Secondly, to conclude an Ohio cracker wouldn’t produce jobs is like saying you can run your car on water instead of gasoline.

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Economic Reopening: Manufacturing Opportunities for Pennsylvania

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Tom Shepstone
Shepstone Management Company, Inc.

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Cabot Oil & Gas, in cooperation with Penn’s Northeast and the Wyoming County Chamber of Commerce hosted a Think About Energy Briefing on economic reopening. The following is reposted from the Think About Energy site.

The webinar featured U.S. Congressman Dan Meuser (PA-09), Penn’s Northeast President and CEO John Augustine and Senior Vice President of Public Affairs and Mobilization at the National Association of Manufacturers (NAM) Keith Smith.

The webinar provided attendees with important and timely information on the manufacturing opportunities for Pennsylvania as the United States proceeds with economic reopening. Panelists discussed how to best position the region to capitalize on the nation’s desire to onshore manufacturing and reduce our dependency on foreign nations for the import of many key components used in manufacturing.

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South Australia Solar Fiasco Suggests What’s Ahead for New York

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Tom Shepstone
Shepstone Management Company, Inc.

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If you’re looking to see into New York State’s energy future, look no further than South Australia where green political correctness has turned dark.

South Australia has a huge energy problem. It has heavily subsidized solar energy, just like New York State. It is now producing so much solar electricity when it isn’t needed, in fact, that it has to be effectively turned off, but South Australia is nonetheless threatened with electric blackouts. Why? Because the fundamental problems with renewables are that they don’t make any economic sense whatsoever and they are intermittent. That is to say they produce energy at the wrong time and, therefore, it is very costly and does more harm than good. Welcome to New York’s future.

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Vic Furman Endorsed by Joint Landowners Coalition

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Tom Shepstone
Shepstone Management Company, Inc.

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Vic Furman is true patriot and a fierce advocate for landowners. He’s running for a seat in the New York legislature and landowners just endorsed him.

I’ve known Vic Furman for about a decade. When I first met him, I knew he was different; someone wedded to our cause and willing to fight for it with everything he had. I quickly learned something else about him: that he’s a very perceptive observer who’s not afraid to deal with anyone whether they be friend or foe. As a mutual friend told me a few years back, “we would have won this thing years ago if we but had 10 Vic Furmans.” Now he’s running for the nomination to be Assembly candidate for the 122nd District in the New York state Assembly and the Joint Landowners Coalition of New York has just endorsed Vic Furman. So do I, even though I don’t live in New York.

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Josh Shapiro Winds Up Base with Gas Industry Attacks, But Who Cares?

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Tom Shepstone
Shepstone Management Company, Inc.

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Josh Shapiro is running for governor. He’s launched demagogic attacks on the gas industry to whip up green support, but is it going anywhere? It’s unlikely.

Josh Shapiro is a demagogue, not unlike several Northeast Attorneys General with much bigger political ambitions. He pursues cases with a view toward self-aggrandizement and electoral advancement. Think Andrew Cuomo for another example. He launched his campaign for governor from the New York Attorney General’s office.

And, Josh Shapiro would be the same sort of governor as Cuomo, who has banned fracking and fought pipelines to gin up green support. Shapiro has apparently decided attacks on the gas industry are also the best route for gaining a Democrat nomination for Pennsylvania governor in 2022. He has gone after both Range Resources and Cabot to earn his green stripes.

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Impeachment of Tom Wolf! Resolution Introduced in House!

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Tom Shepstone
Shepstone Management Company, Inc.

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Some 21 members of the Pennsylvania House of Representatives, including Jonathan Fritz, just introduced a resolution for impeachment of Governor Tom Wolf.

I’m standing and doing a long slow clap of hands for Representatives Darryl Metcalfe, Jonathan Fritz and 19 other co-sponsors of a Pennsylvania House Resolution calling for the impeachment of Governor Thomas Westerman Wolf. It’s nice to see elected officials with the courage to do the right thing and this is unequivocally the right thing to do, regardless where it goes. Someone needs to record for history just how badly Tom Wolf has managed the WuFlu response in our Commonwealth.

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Land and Water Conservation Fund Being Financed by Oil and Gas

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Tom Shepstone
Shepstone Management Company, Inc.

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The oil and gas industry has long funded the Land and Water Conservation Fund, although it’s not especially well known outside the industry itself.

The American Petroleum Institute (API) represents all segments of America’s oil and natural gas industry. “Its more than 600 members produce, process, and distribute most of the nation’s energy. The industry supports 10.9 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. API was formed in 1919 as a standards-setting organization. In its first 100 years, API has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.” Today, though, it put out a rather important news release regarding the industry’s largely unknown role in financing the Land and Water Conservation Fund.

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Atlantic Coast Pipeline Opponents Buried 650 Feet Down by Supremes

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Tom Shepstone
Shepstone Management Company, Inc.

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The U.S. Supreme Court just whacked pipeline opponents with a huge dose of common sense regarding the Atlantic Coast Pipeline and buried them 650′ down.

The Supreme Court just stepped into a ridiculous dispute advanced by NRDC types in a futile effort to halt the c. The 7-2 decision was authored by Justice Clarence Thomas, one of my heroes, who calmly and cooly dispenses with the nonsense arguments of the pipeline opponents. Those opponents had argued the National Park Service, because it administers the Appalachian Trail, could stand in the way of a Forest Service permit issued to allow the Atlantic Coast Pipeline to cross 650 feet below with zero impact on the trail itself. That didn’t fly.

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