RGGI Would Be A Tremendous Job-Devouring Machine

Tom Shepstone
Shepstone Management Company, Inc.

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Pennsylvania State Rep. Jim Struzzi is demanding Tom Wolf drop his petulant RGGI initiative now that the IRRC has recommended a delay.

Pennsylvania’s Independent Regulatory Review Commission (IRRC) has said “whoa” as to implementing Tom Wolf’s RGGI plans for a new carbon tax on all Pennsylvanians. State Representative Jim Struzzi says this should send a message to the Governor that he’s in over his head and RGGI is going nowhere. Let’s hope Wolf gets it, but don’t hold your breath.

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Natural Gas Reserves Are A Lifesaver in Oklahoma Right Now

Tom Shepstone
Shepstone Management Company, Inc.

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It isn’t just Texas. It’s also Oklahoma and it’s a life or death situation in many cases with natural gas reserves being critical.

The situation in Texas is getting all the attention, but it’s also Oklahoma. The cold weather global warmists keep telling us is behind us is causing enormous harm and threatening lives there as well. I love Oklahoma, having recently done some consulting work there on behalf of one of the tribal nations and having associates there. I love the people, the largely rural character and the practical nature of the state. And, I’m profoundly saddened by the crisis in which Oklahomans find themselves. It’s a situation that has illustrated the critical importance of natural gas reserves.

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Texas Natural Gas Is Saving the Day for One Texan Arse After Another

Tom Shepstone
Shepstone Management Company, Inc.

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Texas made one heck of mistake investing in wind energy but Texas natural gas has come to the rescue of a lot of ERCOT arses.

Texas has done so many things right, but it got one big thing wrong went it went whole hog into wind energy. One never goes whole hog on renewables as the Germans have learned with their failed Energiewende that has exploded electric prices there. But, Texas did. Who’s at fault? George W. Bush, Rick Perry or the Energy Reliability Council of Texas, otherwise known as ERCOT? It’s hard to know, but my guess is ERCOT, the “reliability” in its name having been literally thrown to the wind, as has been the case with most grid operators who have bought into green political correctness and the billions at stake in promoting green eggs and scam. Blaming, though, is for another day as there is a crisis and one thing is saving the day; Texan natural gas.

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Texas Goes Cold and Dark While Surrounded by Forests of Wind Towers

So, global G ...


[Editor’s Note: Things are bad in Texas, otherwise a great state, due to foolish reliance on wind energy for more and more of its electricity.]

In Texas, a cold snap resulted in wholesale electricity market prices at all-time highs in the $1000s of dollars per megawatt hour over Presidents’ Day weekend. That compares to prices that on average are in the low $30s. Texas generally expects price spikes to happen on hot summer afternoons, driven by air-conditioning, and to be brief, lasting minutes or hours, in isolated locations. The recent high prices that span the state have lasted more than a day and are likely to last several days.

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Electricity Auctions Are Distorting Energy Markets and Causing Blackouts

Tom Shepstone
Shepstone Management Company, Inc.

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The electricity problems in Texas have been aggravated by a rigged auction system designed to reward inefficiency and promote green scams!

Those blackouts in Texas and Oklahoma have a cause and its the favoritism built into our electricity system; a system that effectively multiplies the subsidies already granted to political correct green energy scams. Electricity grid operators are an integral part of the com. They are creating the green government rent—billions and billions of it—that undergirds the entire green eggs and scam thing. Our friend, Mark Mathis, at the Clear Energy Alliance, has produced yet another powerful video explaining it all.

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Windy City Is One Cruel Place and Caused Us to Lose Our Minds

Tom Shepstone
Shepstone Management Company, Inc.

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Texas got lured into Windy City with the promise of government rent but now it’s paying the price for that city’s energy cruelty.

Texas is a great state. But, it’s not perfect and over the years it got suckered into becoming windy city as the state embraced wind energy and especially the legal graft of government subsidies to support it. According to the EIA, “Texas leads the nation in wind-powered generation and produced about 28% of all the U.S. wind-powered electricity in 2019.” Our late friend from London, Nick Grealy, often wrote about this, accurately noting it couldn’t have taken place without natural gas. Or, subsidies, as it turned out, and the subsidies eventually encouraged windy city to grow too big; to the point not even gas could cover for it when the wind died.

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Heinz Endowments Fools Them All With Another Piece of Junk Science

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

 

[Editor’s Note: The Heinz Endowments is an elitist enterprise dedicated to fractivism as a report from the Ohio River Valley Institutes demonstrates.]

For the past week or so we’ve spotted stories in the Democrat press (i.e. mainstream news) about a so-called “research report” issued by a front organization for the Heinz Endowments called the Ohio River Valley Institute (ORVI). The ORVI recently released a report that purports to show the fracking miracle in the Marcellus/Utica hasn’t actually created all that many jobs or economic benefits. Here’s the first tip this report is a scam and a sham: The lead researcher from the so-called ORVI doesn’t live in the Ohio River Valley nor anywhere near the M-U, he’s a playwright who lives thousands of miles away on the Left Coast, in Washington State. In other words, the report is fiction.

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Shale Gas News – February 13, 2021

Shale Gas NewsBill 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 natural gas prices, LNG plant, Keystone XL Pipeline 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 past week we had an in-person conference, Midstream PA. We played an interview from Pamela Witmer, vice president of government affairs of UGI Energy Services.

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Mining Is Essential to American Economic Independence

John Interval
Professional Petroleum Geologist

[Editor’s Note: We must re-embrace mining as an American industry if we want to ensure our energy security and economic independence internationally.]

At a time when America is paying billions of dollars annually for imported minerals and metals, it’s incomprehensible that we’re allowing an albatross to remain around the neck of U.S. mining.

As a petroleum geologist, I can tell you the U.S. has an abundance of untapped minerals and metals. What we lack is an efficient permitting process to access them. It currently can take a decade or more to bring a new U.S. mine into production.

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