RGGI or Not? Only If You Like Hidden Costs and Subsidies!

Tom Shepstone
Shepstone Management Company, Inc.

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Mark Mathis, at the Clear Energy Alliance, has just put out a video explaining how RGGI is but a hidden cost initiative to promote more green eggs and scam.

Here is some more common sense commentary from Mark Mathis of the Clear Energy Alliance, who explores digs into RGGI, the machine created by green eggs and scam promoters to bury costs and issue subsidies so electric consumers aren’t aware how they’re being taken for a ride. Pennsylvania has much lower electricity costs than RGGI states and has done a much better job at reducing CO2 emissions but Gov. Tom Wolf wants some green virtue stamps of approval, which he thinks he can get by forcing us to join RGGI.

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School Finances Study by Penn State Doesn’t Pass Smell Test

Tom Shepstone
Shepstone Management Company, Inc.

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Two Penn State researchers have put out a study about school finances that suggests the shale revolution has hurt more than helped but it makes no sense.

It pains me, as a Penn State graduate to criticize my alma mater but I have no choice. Two members of the College of Education faculty have put out a study about school finances and the impact of shale gas development that simply don’t pass the smell test. I’m talking about a story that recently appeared in a blog called The Conservation and an identically titled piece in the Philadelphia Inquirer the other day. The latter is a little more complete, but the message is the same; “fracking has led to a ‘bust’ for Pennsylvania school district finances.” I categorically reject that claim based on what I see with my own eyes.

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CO2, The Big Picture No One on the Fractivist Fringe Can Apparently See

Cuomo's Legacy - Dick DowneyRichard Downey
Unatego Area Landowners Association

 

 

CO2, to the extent it’s an issue at all, is being addressed in a big picture way by natural gas, but too many who say they want a solution refuse to see.

Brian Brock’s recent letter in our local online paper (“Renewables, Not Gas, The Cleaner Way To Go“) misses the forest for the trees. In citing a one year (2018) up-tick in U.S. energy-related CO2, he conveniently skips the long term role of gas in lowering emissions. A week earlier the Energy Information Agency’s three decade (1990 — 2021) emissions report shows CO2 emissions dropped to 1990 levels as shale gas replaced coal at power plants. Before shale, coal generated 56% of our electricity. Today, it generates 24%, with projections of 21% in 2021. This in spite of our population’s growth and our economy’s expansion. Wind and solar contributed but natural gas was the driver.

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Air Quality Is Improving Every Day, So Breathe A Little Easier, Please!

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Air quality keeps improving and natural gas is a large contributor, along with technology and the ability to innovate that comes with economic growth.

Breathe a Little Easier is part of our ongoing effort to explain the role that energy has played in improving human living standards over the past two centuries. This project examines trends in air quality in the U.S. in order to push back at the doom-and-gloom narratives that dominate so much of our thinking about energy and the environment today.

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Refinery Sale Suggests Philadelphia May Be More Rotten Than Denmark

Tom Shepstone
Shepstone Management Company, Inc.

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The Philadelphia refinery sale proposed by the debtor makes no sense and unsecured creditors are calling out what may be some serious corruption.

I wrote about the proposed bankruptcy sale of a Philadelphia refinery the other day noting things seemed awfully fishy. But, now the rot is becoming more clear. Unsecured creditors have pointed out huge problems with the proposed sale of the refinery to a developer for $25 million less than an offer received that would keep this Philadelphia refinery as an asset to help make the City of Brotherly Love the next Houston. And, believe me you’d rather be Houston—which has less unemployment, less expensive housing and much more opportunity— than Philadelphia.

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Carbon Emissions Flattening Out Globally, Thanks to Our Fracking

Tom Shepstone
Shepstone Management Company, Inc.

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Carbon emissions have failed to grow, despite significant growth in the global economy. Natural gas, that is fracking, here in the U.S. was a huge help.

The International Energy Agency is out with a new report demonstrating it is the growth in our natural gas use, brought about by fracking, that has allowed us to make up for growing carbon emissions elsewhere in the world. We are, moreover, doing it at the same time we’re lowering energy costs and experiencing unparalleled economic growth. What can’t natural gas do?

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Keller Hears How the Gas Industry Is Changing the Career Culture

think about energyRick Hiduk
Managing Editor of EndlessMtnLifestyles.com

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Congressman Fred Keller participated in an exposition, the other day, of how Marcellus Shale development has completely changed the career culture.

Congressman Fred Keller (PA 12th District) and other elected officials got a first-hand look on Jan. 31 at the nearly completed CDL training facility at Susquehanna County Career & Technology Center (SCCTC) at the Elk Lake School District. Keller expressed his enthusiasm for the program after also taking part in a round-table discussion about the funding of trades education.

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Democrats and Trades Not Happy with Tom Wolf; No, Not Happy at All

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

 

Democrats and trades have been supporters of HB 1100 and the Energize PA initiative to build on Pennsylvania’s shale and they’re not happy with Tom Wolf.

Pennsylvania House Bill (HB) 1100, aimed at attracting new petrochemical investment to the state, was previously passed by the PA House, and last week, by the Senate. Gov. Tom Wolf (liberal Democrat) says he will veto the bill anyway–denying the state billions of private economic stimulus it could receive. The bill was passed by a large bipartisan majority in both the House and Senate. There’s a good chance Democrats will join Republicans to override Wolf’s veto.

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The Ahuman Manifesto: The Final Solution to Climate Change

energy futuresRobert Bradley, Jr.
Founder and CEO of the Institute for Energy Research
Principal, MasterResource: A Free-Market Energy Blog
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“The Ahuman Manifesto” is fringe today, but that it is even half-seriously proposed as the final solution to climate change exposes environmental nihilsim.

Here you go: the “final solution” to climate change. This book, “The Ahuman Manifesto,” is a glimpse of where the climate road to serfdom ends. (And it is not, I repeat not, a satire.)

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Shale Gas News – February 8, 2020

Bill 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 capacity markets, LNG prices, energy crisis in Iraq 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. This week, as a guest, we had Tom Gellrich, CEO and Founder of TopLine Analytics.

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