Anti-Drilling/Fossil Fuel | Energy Services | Industrywide Issues | Long Island | New York | Pipelines | Regulation | Statewide NY | Transco | Williams
Cuomo Rejects NESE Pipe Again, Williams Walks Away
Is it time to turn the gas off for New York City and let the people there reap the “benefits” of having a dictator, Andrew Cuomo, as their governor? On Friday the NY Dept. of Environmental Conservation, thoroughly and completely corrupted by Cuomo, issued yet another rejection for the critically-needed Northeast Supply Enhancement (NESE) pipeline project. It was the last straw for Williams, the builder of the project, which has walked away from the project. Gas customers on Long Island, including parts of NYC, now face the real prospect of running out of natural gas (this is not an exaggeration). Andrew Cuomo is the grossest, most corrupt governor in NY’s history.
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Yet another lawsuit trying to emasculate the Federal Energy Regulatory Commission (FERC) by attacking its right to delegate eminent domain authority to pipeline builders has been tossed in federal court. Several of these cases have been tried using Marcellus/Utica pipeline projects. This latest case was brought by uppity, privileged landowners in Virginia against the Equitrans Mountain Valley Pipeline (MVP) project.
In Ohio, it costs drillers $5,500 to file for and receive a permit to drill a new shale well. In West Virginia, the cost is $10,150. In Pennsylvania, it currently costs drillers $5,000 for a new shale well permit. Following an upcoming meeting by the state Independent Regulatory Review Commission on June 3, PA’s permit fee will zoom to the top of the M-U list: $12,500 (2 1/2 times the previous fee).
Last week MDN brought you the news of another Pennsylvania Pipeline Investment Program (PIPE) grant being issued–this one in Luzerne County, near Wilkes-Barre (see 
Wow! What a difference three months can make. In January Moody’s Investors Service downgraded EQT Corporation’s bonds to “junk” status (see 
OTHER U.S. REGIONS: Largest Wyoming gas producer, taxpayer files for bankruptcy; DTE may switch to natural gas at four coal-fired plants; NATIONAL: EIA expects lower natural gas production in 2020; Natural gas prices could double next year; Liberal-leaning states target EPA in new lawsuit; Why U.S. oil and natural gas demand will rebound from COVID-19; Why predictions for the demise of U.S. shale are “premature”.