In what has to be unethical at a minimum, and perhaps even illegal at the maximum, Pennsylvania Attorney General Josh Shapiro spoke on the phone with two anti-drilling “reporters” from the Pittsburgh Post-Gazette (Don Hopey and David Templeton) to let them know he is on an official witch hunt launching “more than a dozen investigations” to turn fracking and anything connected with fracking into a crime.
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We now know who is interested in building a new methanol plant in northeastern Pennsylvania. But it will only get built IF the state is able to adopt a new law granting the operation a tax credit. We’re talking about House Bill (HB) 1100 that was recently passed by large bipartisan majorities in both the PA House and Senate (see PA Senate Tweaks, Passes Bill Attracting Cracker-Type Investment). Gov. Tom Wolf says he will veto the bill (see Gov Wolf to Veto Bill Attracting Cracker-Type Investment to NEPA). The company that wants to build the methanol plant says if HB 1100 is not adopted, they will look to build elsewhere.
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Some 30 radical environmental groups (including ringleader Penn Future) is fearful their campaign to stop House Bill (HB) 1100 is failing. HB 1100 is aimed at attracting new petrochemical investments to the state. How do we know Big Green is fearful? Because the groups are attempting to gin up opposition to the bill by staging a faux protest rally on March 9 at the Capitol in Harrisburg.
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Williams CEO Alan Armstrong participated in a panel discussion yesterday in Washington, D.C. at the Bipartisan Policy Center. The event was titled “America’s Energy Infrastructure: Where Do We Go From Here?” Following the panel Armstrong spoke to a reporter from S&P Global Market Intelligence. He had some very interesting things to say. One of the things Armstrong discussed was an explanation for why his company abandoned the Constitution Pipeline project into New York State, just when it seemed they may be winning the legal fight to build it.
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Last June the DRBC (Delaware River Basin Commission) approved a request by New Fortress Energy to build a $96 million 1,600-foot-long pier/dock on the Delaware River, to be used for docking and loading two ships at a time with LNG (see DRBC Approves New Fortress LNG/NGL Shipping Dock on Dela. River). After being hounded by THE Delaware Riverkeeper and the Sierra Club for months over that approval, DRBC voted in September to “reconsider” its earlier decision (see DRBC Reconsiders New Fortress LNG/NGL Shipping Dock on Dela. River). The DRBC has just announced it will hold a “trial-like” hearing on the project with both sides, New Fortress and Riverkeeper (and no one else) offering testimony.
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Are you interested in a great career in the pipeline industry in the northeastern part of the country? We may be able to help. The Appalachian Pipeliners Associations (APA), with a mission to help grow and support the pipeline industry in the northeastern U.S., is offering up to $50,000 worth of scholarships for use during the 2020/2021 academic school year to students pursuing Associates, Bachelors and Graduate degrees, as well as students pursuing Vocational or Trade School degrees/certifications. That’s right! Let the APA help fund your education so you have a great job when you graduate! But there is a catch…applications must be filed by March 6th (this Friday).
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The American Petroleum Institute recently released the results of a study they commissioned that outlines the “dire consequences” of a ban on hydraulic fracturing–the kind of ban being pushed by Bernie Sanders, Elizabeth Warren, and Joe Biden. Here’s how dire it gets: If a frack ban is slapped into place by a Democrat President, by 2022 it will result in 7.5 million lost jobs, and by 2030 a total loss out of the economy of $7.5 TRILLION! You might as well say we will enter a new economic depression, the likes of which we haven’t experienced since the 1930s.
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MARCELLUS/UTICA REGION: Trump says he’s ‘fighting’ New York to force gas pipeline; OTHER U.S. REGIONS: New infrastructure driving flow and price changes in Texas Gulf Coast gas markets; NATIONAL: U.S. natural gas consumption sets new record in 2019; Democrats threaten energy rollback; Latest gamble by restaurateur turned gas baron hits the skids; The ultimate guide to well logging.
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