PA Antis Trot Out “Secret Chemicals Used in Fracking” Claim, Again
This is getting really old. Every few years lying antis recycle the same debunked meme that “frackers” are trying to hide the identity of big, bad nasty chemicals they use to extract shale gas. The implication is those chemicals will kill you. And if you only knew what those chemicals were, why, you’d be outraged! And demand an end to all fracking. Problem is, it’s a total lie. Chemicals are FULLY reported by drillers, for every single well they drill. But that doesn’t stop antis repeating the same meme every few years. It’s just popped up again, in Pennsylvania. The Partnership for Policy Integrity, a shell/front group for Big Green radicals, has just released a totally fictional “report” that supposedly proves drillers in PA are hiding “secret chemicals” from the public. The report, which is titled “Keystone Secrets: Records Show Widespread Use of Secret Fracking Chemicals is a Looming Risk for Delaware River Basin, Pennsylvania Communities” (full copy below), is total BS. Made up. Lies. And yet mainstream news sources pick it up and run with it, believing and spreading the lies…
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The U.S. District Court for the District of Massachusetts has, finally, dismissed a sham lawsuit against Eversource Energy and Avangrid Inc. Last October the radical Environmental Defense Fund (EDF) published a “report” that makes the preposterous claim that New England customers have overpaid utility bills by $3.6 billion due to collusion between the natural gas and electricity industries (see
This is all kind of speculative, but we find it intriguing and exciting. If you’ve read MDN for any length of time, you’re read about Dominion Energy’s 600-mile Atlantic Coast Pipeline, which will run from West Virginia through Virginia and into North Carolina–near the border with South Carolina. Unfortunately construction is currently on hold following revocation of some permits by a federal court, and an order from the Federal Energy Regulatory Commission in August to stop work on the entire project, for now (see
Earlier this week the American Chemistry Council (ACC) announced that U.S. chemical and plastics industry investment linked to plentiful and affordable domestic supplies of natural gas and natural gas liquids (NGLs) from shale formations has surpassed $200 billion. That is a staggering number! Incomprehensible. Since 2010, 333 chemical industry projects cumulatively valued at $202.4 billion have been announced, with 53% of the investment completed or under construction, and 41% in the planning phase. Some 68% of the total is foreign direct investment or includes a foreign partner. Other countries love our shale! As good as all that is, consider this: ACC analysis shows that the $202.4 billion in capital spending could lead to $292 billion per year in new chemical and plastics industry output and support 786,000 jobs across the economy by 2025! Behold the miracle of shale fracking. Here’s the mind-blowing, fantasticly good news…
Chesapeake Energy “amended and restated” its “senior secured revolving credit facility” on Wednesday. What does that mean in everyday language? It means the company has talked a bunch of banks into allowing the company to borrow up to $3 billion on a line of credit backed by the value of the company and its assets. That’s some kind of line of credit! The 15 banks doing the loaning were actually willing to pony up $3.8 billion, but Chessy only wants to use up to $3 billion. Aside from a huge line of credit, this news indicates that the banks have confidence that Chesapeake will be an ongoing concern for the foreseeable future. That is, no serious danger of bankruptcy, even though the company still maintains a mountain-high debt load. Below are the banks willing to roll the dice on Chesapeake…
While we’re not a climate science web site, this misguided notion that mankind is causing the earth to catastrophically warm up is at the heart of irrational fossil fuel hatred–and motivates otherwise smart people into becoming bumbling fools, willing to do extraordinarily stupid things. Take, for example, the governors of 17 states–14 Democrats and three Democrat-lites (RINOs)–who recently signed a declaration to severely disadvantage their own states with so-called environmental measures that will supposedly save Mom Earth (and defeat Donald Trump, of course). These are all people who have drunk deeply from the Obama Kool Aid. Trump can’t do a single, solitary thing to revise, change, tweak or relax the massive over-regulation done by Obama, or “It’s the end of the world. We’re killing mankind. It’s an emergency. We must save the world from The Donald.” It’s freaking bizarre to watch. These states, already on the decline, will further decline economically while watching their neighbors do better. These states, all 17 of them, are being disadvantaged by the actions of their chief executives. We have the list below…
The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: IGS announces new natural-gas rate for Youngstown customers; NJ governor urged to block discharge of fracking waste in Delaware River basin; ‘It looked like Armageddon’: Gas explosions trigger deadly chaos in Boston; Sweeping civil rights lawsuit alleges racial bias in implementation of California climate policies; US natural gas in storage increases 69 Bcf to 2.636 Tcf: EIA; The USA’s three-legged stool of energy dominance; Despite blockade, Qatar is becoming the Saudi Arabia of natural gas; Iron powder: a clean, alternative fuel for industry that replaces natural gas; Fossil fuel divestment funds rise to $6tn.