Williams Caves to Climate Crazies, Deal w/Microsoft to “Transform”
We simply don’t get it. Either through fear of regulatory and shareholder reprisals, exhaustion in fighting the good fight, or maybe even falling for the false God of Climate Change, big and important oil and gas companies like pipeline giant Williams are beginning to cave to the climate crazies, planning for an oil-less and gas-less future. We kid you not. Williams is IN the business of flowing hydrocarbon molecules (oil and gas) from point A to point B. Yet now they’ve signed a “memorandum of understanding” with Microsoft, a software company, to lecture and teach Williams how to dump fossil fuels and flow different molecules instead, like hydrogen. It’s the darnedest thing we’ve ever seen.
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For the past seven years a privately-owned dump near Scranton, the Keystone Sanitary Landfill, has sought to expand in order to accept more garbage. The dump is also authorized to accept Marcellus Shale drill cuttings–rock and soil leftover after drilling. Yesterday the Pennsylvania Dept. of Environmental Protection (DEP) announced after seven years of study, hearings, meetings, and whatever else the DEP does to fiddle away the time, they have finally approved Keystone’s request to expand.
In June 2020, the Pennsylvania Supreme Court denied hearing an appeal for a case from Sunoco Logistics Partners about a permit for a pump station in Lebanon County, PA used to help flow natural gas liquids through the Mariner East pipeline system (see 
How does this work in the real world? Gas and electric customers on Aquidneck Island (part of Rhode Island) ran out of natural gas leaving thousands without heat on the island for days during a frigid cold snap in 2019. Customers without heat subsequently launched a class action lawsuit. On Wednesday a judge ruled the lawsuit may continue. Yet RI legislators will not allow the utility, Narragansett Electric (formerly part of National Grid) to implement any permanent fixes (like a new pipeline) to prevent another outage from happening! And it will happen at some point. This is what passes for “justice” in Rhode Island.
Calling it “an extraordinary year for the global gas industry,” the International Gas Union (IGU) yesterday released its 12th annual World LNG Report–the world’s most comprehensive public source of information on key developments and trends in the LNG sector (full copy below). From huge drops in demand levels at the height of the pandemic lockdowns, through exceptional spikes when the winter deep freeze sent the world’s energy systems into crisis, the IGU says LNG, quite literally, delivered.
MARCELLUS/UTICA REGION: Ohio natural gas and oil industry awards 36 scholarships; OTHER U.S. REGIONS: Tellurian signs 10-year LNG agreement with Vitol for 3 MTPA; NATIONAL: The energy transition will change the oil industry: ‘this time for sure’; U.S. natural gas storage capacity has remained flat over the past eight years; Part 2 – How COVID-19 reshaped the future of North American LNG projects; Joe Biden’s climate plan will make us even more dependent on China; INTERNATIONAL: OPEC, Russia seen gaining from climate activist wins.