| | | |

Bucks County, PA, Sues Big Oil for Causing “Climate Change”

The two Democrats and one anti-drilling RINO who run Bucks County government (a Philadelphia suburb) fell for the bait by Big Green and filed a lawsuit against Big Oil companies for supposedly, knowingly, causing the Earth to toast to a cinder (even though real science shows a slight warming on Earth due to the orbit of the planet Mars). The problem is this lawfare seemingly came out of nowhere. It was hatched secretly by green groups, including the Center for Climate Integrity (CCI) – a Rockefeller-funded D.C. activist group. There were no public meetings. No public input. No public announcements. It was completely hush-hush, with a full media blackout until the lawsuit was filed. In other words, it was CORRUPT. Whose pockets are getting lined by this action?
Continue reading

| | |

Plugging PA’s Abandoned & Orphaned Wells is a Hot Mess

Last week, MDN brought you a story about the rampant cost inflation for plugging old conventional abandoned and orphaned oil and gas wells in the Keystone State (see Federal Regs Push Well Plugging Costs in PA Over $100,000 per Well). While federal wage requirements are certainly the primary reason for the inflated cost to plug old wells (if you take federal money, you play by the federal government’s rules), more information is now coming to light about the sorry state of affairs in PA’s well plugging program.
Continue reading

| |

Want a Great Job? Work for O&G! 2 Million Employed, Average $79K/Yr

According to Texas Independent Producers and Royalty Owners Association’s (TIPRO) latest State of Energy report, the U.S. oil and gas industry directly employed 2.04 million workers in 2023. That’s a net increase of 56,373 direct jobs compared to 2022. According to the report, the oil and gas industry paid a national average wage of $79,427 in 2023. Workers in Crude Oil Extraction earned the highest annual average wage of all oil and gas industry sectors at $220,863. Want a great job? Work in the O&G industry!
Continue reading

|

CERAWeek: ‘Mythical’ Renewables Will NOT Solve the Climate Crisis

According to Scott Tinker, CEO of Tinker Energy Associates and director emeritus of the Texas Bureau of Economic Geology, lifting billions of people out of energy poverty while reducing emissions is possible. But only if we ask the right questions. Tinker spoke at CERAWeek last week in Houston. He also had some blunt words about renewables, calling the very notion of renewable energy “mythical” and not anchored in reality. He also said: “Natural gas will be here for a very long time. And there’s quite a bit of it.”
Continue reading

| |

BlackRock Pitches a Fit Over Texas $8.5B Divestment Due to ESG

The State of Texas just dropped a major bombshell last week. The Texas Permanent School Fund (PSF) pulled $8.5 billion of its investments away from BlackRock, the world’s biggest investment firm, over the state’s determination that BlackRock is engaged in a boycott of energy companies by pressuring companies to avoid the fossil fuel sector by using ESG (environment, social, governance) litmus tests (see Texas Yanks $8.5 BILLION Out of BlackRock re ESG). BlackRock is “pushing back with force,” claiming it has $320 billion in energy investments and is not hostile to Texas oil and gas. Nice try, BlackRock, but no cigar.
Continue reading

|

GOP Lawmakers Say IEA Has Abandoned Energy Security Mission

For more than three years, MDN has called out the International Energy Agency (IEA) and its executive director, Dr. Fatih Birol, as nothing more than tools of Big Green. We’ve reported on many of the IEA’s fake predictions about peak demand for oil and natural gas (see IEA Rushes to Change Absurd Peak Oil Prediction 24 Hrs After COP28) and about the IEA’s plea for no new oil and gas drilling worldwide, starting now, because of man-made global warming concerns (see Intl Energy Agency Says World Should Stop All New O&G Development). We told you then that IEA is not to be trusted. The Chairwoman of the U.S. House Energy and Commerce Committee and the Ranking Member of the Senate Energy and Natural Resources Committee are now saying the same thing — to Birol himself, in a letter.
Continue reading

|

Senator Kennedy Quizzes Clueless Cross-Country Skier About CO2

Ever hear of August “Gus” Schumacher? No, neither had we. He’s a cross-country skier from Alaska. Apparently, he’s mildly famous for being the first American to win a gold medal in an individual race at the Junior World Ski Championships in 2020. He competed in the 30-kilometer skiathlon at the 2022 Winter Olympics. And, he won the Men’s 10-kilometer freestyle race at the 2024 Stifel Loppet Cup in Minneapolis on February 18, 2024. He’s also a brainwashed tool of the left who spouts inanities about global warming and carbon dioxide. Schumacher was completely humiliated, exposed as a fool, by U.S. Senator John Kennedy at a Senate Budget Committee hearing last week (watch the video below).
Continue reading

Other Stories of Interest: Tue, Mar 26, 2024

MARCELLUS/UTICA REGION: Kraft Heinz gets $170M to decarbonize 10 food-manufacturing plants; Berkeley to repeal first U.S. natural gas ban after legal defeats; OTHER U.S. REGIONS: Free gas and free money in the Permian Basin; Enbridge to form natgas supply venture connecting Permian and Gulf Coast; NATIONAL: Proof eco-extremists don’t want to fix the problem; Natgas has promise, but not perfect alternative for trucking; Renewables will destroy America’s lifestyle back to the pre-1800s; INTERNATIONAL: Houthis warn Saudi Arabia of retaliation if it backs USA attacks; French bank pulls funding for two LNG projects.
Continue reading