Elba Island Exporting First Marcellus LNG Cargo This Week – Maybe

On Oct. 1 the Federal Energy Regulatory Commission (FERC) granted permission to Kinder Morgan to finally begin full export operations for Train #1 at the Elba Island, Georgia LNG (liquefied natural gas) export facility (see FERC OKs Kinder Morgan Elba Island LNG Train #1 to Begin Service). It’s taken over two months, but the very first LNG carrier that will export Marcellus/Utica molecules from the facility is docked and (maybe) loading.
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There is a double standard in existence in New York. A CORRUPT double standard. And the corruption comes from Andrew Cuomo. In 2014 judges on NY’s highest court, the Court of Appeals (all them appointed by the governor) voted to uphold a disastrous energy policy that grants town boards of local municipalities the right to ban fracking, should the state ever allow it, in an entire community (see
MDN editor Jim Willis had the pleasure of attending yesterday’s S&P Global Platts “Global Energy Outlook Forum” yesterday in New York City. Each year Platts hosts this event, assembling some of the best thinkers and industry participants from across all energy sectors to discuss what happened during the previous year, and what’s on the way next year and down the road with respect to energy. All kinds of energy.
If there is one defining characteristic of a truly conservative Republican, it is that he or she does not like higher taxes. On anything. Conservatives know that higher taxes equal less freedom of individual choice. And higher taxes feed (and perpetuate) the bureaucratic Big Government machine. A lower taxes philosophy is baked into the true conservative’s DNA. Yet a group of brainwashed college students professing to be Republican and conservative (they’re neither) has just launched a group called Young Conservatives for Carbon Dividends to lobby for an insane carbon tax.
MARCELLUS/UTICA REGION: Nine well permits issued by ODNR; NATIONAL: Continental Resources announces Harold Hamm is stepping up to Executive Chairman; NGI 2020: U.S. drilling ban on E&P radar ahead of 2020 election; Enverus forecasts “significant slowdown” in US gas output growth in 2020; Natural gas boom fizzles as a U.S. glut sinks profits; Chevron’s charge points to billions more in U.S. gas writedowns; The great electric car ‘zero emissions’ boondoggle; INTERNATIONAL: Creating the OPEC of natural gas.