Biden Just Can’t Get His Story Straight on Fracking

Tom Shepstone
Shepstone Management Company, Inc.

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An incoherent Joe Biden tried hard to have it both ways on fracking at a Pennsylvania town hall. And, that wasn’t even the worst of it.

Joe Biden was against fracking. Then, he was for it. Now, he says he’s for and against it. That much became obvious in the carefully scripted town hall CNN just did where all the questions were submitted in advance. It didn’t matter. Biden bungled it badly in trying to have it both ways but also demonstrated his complete ignorance on energy issues, relying only upon reactionary talking points someone fed him and which he couldn’t keep straight.

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Small Businesses Get $218,000 of Assistance from Gas Industry!

George Stark
Director, External Affairs
Cabot Oil & Gas

  
 

George Stark explains a financial assistance program set up by Cabot and others to help small businesses and how much it has given in help.

Within weeks of the first “stay at home” orders, it became obvious that small businesses would suffer greatly, especially as the shutdowns were extended. At Cabot, we worked with several agencies in Pennsylvania’s Endless Mountains region to create the Small Business Assistance Fund, through which companies with two to 20 employees could apply for grants of up to $1,500.

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Pipelines Delayed Yield Some of Highest Energy Prices in the Nation

Tom Shepstone
Shepstone Management Company, Inc.

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Delays, obstruction and cancellations of pipelines in the Northeast for the sake of green virtue signaling are creating high energy prices.

That Consumer Energy Alliance (CEA) report illustrating the cost of the pipeline infrastructure war, which we covered a few days ago includes a wonderful section on New Jersey, New York and Pennsylvania. Key excerpts from that section follow:

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RGGI Carbon Tax on Pennsylvanians Advanced by Wolf Sycophants

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

 

Tom Wolf’s cabinet members and other green signaling sycophants insist on imposing a RGGI carbon tax on all of us and just voted it forward.

The Pennsylvania Environmental Quality Board (EQB), a powerful committee operating under the larger umbrella of the PA Dept. of Environmental Protection (DEP), held a hearing and cast a vote yesterday on whether or not PA should join the Regional Greenhouse Gas Initiative (RGGI), a tax on carbon for power generators. As we predicted earlier, EQB, which is packed with political appointees by PA Gov. Tom Wolf, voted in favor of their boss’s plan. It would have been career suicide to vote against it.

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CDL Graduates Ready for Opportunities in the Workforce

Bill desRosiers
External Affairs Coordinator, Cabot Oil & Gas

The Susquehanna County Career & Technology Center has produced a crop of CDL graduates ready to go to work revitalizing a rural economy.

In the course of the past two years, we have partnered with the Susquehanna County Career & Technology Center (SCCTC) to construct a CDL training school on the campus in Springville. The start of classes was delayed until June 22 by the coronavirus pandemic, but the first group of CDL graduates have finished their five and 10 week courses, completed online permitting, and moved on to road testing.

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Howarth Methane Obsession Will Leave New Yorkers Freezing in the Dark

NIMBYismRoger Caiazza
Independent Researcher and Publisher,
Pragmatic Environmentalist of New York

[Editor Comment: Bob Howarth, who parades around as an academic, is really an activist with a methane obsession that is going to hurt New Yorkers badly.]

On July 18, 2019, Governor Cuomo signed into law the Climate Leadership and Community Protection Act (CLCPA) It is among the most ambitious climate laws in the world and requires New York to reduce economy-wide greenhouse gas emissions 40 percent by 2030 and no less than 85 percent by 2050 from 1990 levels.  I maintain that not only is the general public unaware of the ramifications of this legislation but I doubt that very few of the legislators who voted and sponsored it understood the overt anti-natural gas biases included in the language of the act.  This post addresses the methane obsession reflected in changes to the emissions inventory requirements and what that means to New Yorkers.

I am following the implementation of the CLCPA closely because its implementation affects my future as a New Yorker.  Given the cost impacts for other jurisdictions that have implemented renewable energy resources to meet targets at much less stringent levels, I am convinced that the costs in New York will be enormous and my analyses have supported that concern.  In addition, I think that the CLCPA’s mandate to electrify home heating will be deadly when an ice storm knocks out power for days.  The opinions expressed in this post do not reflect the position of any of my previous employers or any other company I have been associated with, these comments are mine alone.

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Tom Wolf Plans to Impose New Taxes on Pennsylvanians

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[Editor Comment: Tom Wolf is trying to simply put Pennsylvania into RGGI on his own over the bi-partisan objections of his legislature and it isn’t working.]

The Regional Greenhouse Gas Initiative (RGGI) is a cap-and-trade program to reduce greenhouse gas emissions undertaken by a coalition of ten states in the Northeast and Mid-Atlantic regions. Electric utilities that emit more greenhouse gases than their assigned cap must buy allowances at auction to offset the excess emissions. In the most recent auction, the cost of carbon dioxide allowances increased by 18.6 percent. Allowances sold for $6.82 a metric ton in the third quarter of this year–$1.07 higher than the previous quarter. The auction raised $110.4 million, which will be added to consumer electricity bills and the proceeds will be divided among the 10 participating states—Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont—to be used in government programs to curb greenhouse gas emissions. Virginia’s Democratic legislature has opted to join RGGI next year. Pennsylvania’s Governor Tom Wolf wants to join the following year, but his legislature is putting obstacles in the way.

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New Normal Imposed by Wolf Declared Unconstitutional by Federal Court

Tom Shepstone
Shepstone Management Company, Inc.

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The doctrinally inflexible Tom Wolf’s ‘new normal’ for COVID has been ripped to shreds by Federal District Judge William A. Stickman!

I received some good-naturing ribbing from a lawyer friend the other day regarding my comparison of Tom Wolf with the ‘doctrinally inflexible’ Russian Tsar Nicholas II. I had noted Wolf was facing “a rejection, by Democrats as well as Republicans, of [his] attempt to shove RGGI down the throats of the legislature and all Pennsylvanians.” My friend suggested I had gone too far in characterizing Wolf as a “a trust-funder personality” akin to the last Tsar. Yesterday, though, I was vindicated as Federal District William Stickman articulated the many ways an unengaged Tom Wolf allowed his health bureaucrats to impose a thoroughly unconstitutional “new normal” on Pennsylvanians, just as he has allowed green special interests to attempt to impose RGGI on us.

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Intermittent Renewables Are Nothing to Throw Money At

NIMBYismRoger Caiazza
Independent Researcher and Publisher,
Pragmatic Environmentalist of New York

[Editor Comment: Andrew Cuomo promises New York State a “Green Energy Future” built on intermittent renewables folly that will yield only higher prices.]

On July 18, 2019, Governor Cuomo signed into law the Climate Leadership and Community Protection Act (CLCPA).  It is among the most ambitious climate laws in the world and requires New York to reduce economy-wide greenhouse gas emissions 40 percent by 2030 and no less than 85 percent by 2050 from 1990 levels. This post looks at claims that using the green energy projects needed to meet the CLCPA goals will get the economy moving after the COVID pandemic.

I am following the implementation of the Climate Act closely because its implementation affects my future as a New Yorker.  Given the cost impacts for other jurisdictions that have implemented renewable energy resources to meet targets at much less stringent levels, I am convinced that the costs in New York will be enormous and my analyses have supported that concern.  The opinions expressed in this post do not reflect the position of any of my previous employers or any other company I have been associated with, these comments are mine alone.

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Shale Gas News – September 12, 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 Liberty Oilfield Services, rig counts, U.S election 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 we replayed a Think About Energy Briefing webinar featuring Joe Reinhart, shareholder and co-chairman of the Energy and Natural Resources Group of Babst Calland,  Pat Henderson Director of Regulatory Affairs at Marcellus Shale Coalition, and Kathryn Klaber, Managing Partner at The Klaber Group.

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