PA Gov. Wolf Trots Out $3B Shale Severance Tax Plan – DOA

As we reported in January, Pennsylvania Gov. Tom Wolf (Democrat) has, for the seventh year in a row, introduced a Marcellus-killing severance tax proposal as part of his annual budget proposal (see PA Gov. Wolf Floats Budget with Severance Tax for 7th Year in Row). Yesterday Wolf released the details on his latest severance tax abomination. As he has done in years past, Wolf has an excuse why THIS is the year a severance tax is really really really needed. The excuse this time? To put PA workers back to work.
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Biggest Withdrawal from Underground NatGas Storage in 2 Years

Types of underground natgas storage (click for larger version)

While the weather is, without a doubt, the biggest influence on the price of natural gas, there is another key influence that traders watch closely: storage numbers. Natural gas is stored mainly in large underground caverns during in the “summer” months (called “injection season,” April through October). Natgas is later withdrawn for use during the “winter” months (“heating” or “withdrawal” season, November through March). The U.S. Energy Information Administration (EIA) reports withdrawals for the week ending Feb. 12 were the twelfth largest on record since 2010, and the biggest one-week withdrawal in the past two years.
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Penn State Says Compressor Stn Noise Affects Songbirds

The official state bird for New York State is the tiny Eastern bluebird–no bigger than a chickadee. Here at MDN HQ, we maintain two bird feeders year-round in the front yard. We can remember only maybe 3-4 times over the years we’ve actually seen a bluebird at our feeders. The bluebird is one of our favorites because we see it so rarely. According to researchers at Penn State in State College, PA, loud noise from pipeline compressor stations has the ability to “diminish” the “reproductive success” of bluebirds and other songbirds. Who would even think to conduct such an experiment?
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New Discovery Turns Natural Gas into Methanol at Room Temp

Researchers at the University of Illinois Chicago have discovered a way to convert methane into liquid methanol at room temperature. This is a big deal because methanol burns more cleanly (less carbon dioxide emissions) than burning methane (i.e. natural gas). Prior to this discovery by Chicago researchers, converting methane into methanol required a lot of heat and pressure that generates a significant amount of CO2 as a byproduct. There’s no real advantage to burning methanol created that way. This discovery sidesteps the heat and pressure needed to convert methane into methanol.
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Blue vs. Green vs. Gray Hydrogen – Differences, NatGas Connection

click for larger version

An important issue we’ve been tracking lately is hydrogen and how the most abundant element in the universe is beginning to make inroads into the natural gas energy space (see our previous hydrogen stories here). We’ve seen the terms “blue hydrogen” and “green hydrogen” and even “gray hydrogen” bandied about, without a clear comprehension of what each term really means. Now we know, thanks to an excellent article on the Forbes website.
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Biden Admin Claims Global Warming Caused Texas Deep Freeze

A massive bait and switch has happened, and dumbed-down Americans are falling for it. Once upon a time, the scaremongers in the environmental movement claimed the earth (due to mankind’s influence) was entering an Ice Age with global cooling. Then about 25 years ago Al Gore got on his high horse and became the prophet of doom for man-made global warming, making the claim the internal combustion engine was the worst thing ever to be invented (what a dope). The theory is that a buildup of carbon dioxide (which comes from your mouth every time you exhale, also comes from burning fossil fuels) is creating a big canopy around the earth, trapping heat and making temperatures rise. Except it isn’t actually happening, so the environmentalists changed the terminology from global warming to “climate change” and now claim every “extreme” weather event is the fault of climate change and caused by…yep, mankind.
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Other Stories of Interest: Tue, Feb 23, 2021

OTHER U.S. REGIONS: Private equity group acquiring minority stake in Kinder Morgan-operated NGPL; Texas blackout deception (video); NATIONAL: Natural gas plant liquids persevere in 2020; Why Biden’s new dawn of net-zero is looking like a dark day for labor; Propane and the 2021 deep freeze; where are we now?; INTERNATIONAL: Chevron, Pavilion agree to LNG supply deal detailing emissions to produce and deliver cargoes.
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