Radicals Convince NJ Town to Oppose Gas Plant in Neighboring Town
For some reason, Competitive Power Venture (CPV) picks states that are adamantly opposed to new gas-fired electric plants as the location for new projects–like New York and New Jersey. CPV already owns a gas-fired power plant in Woodbridge Township (Middlesex County), NJ. In 2018 CPV floated a plan to build a second gas-fired plant next to the existing plant in Woodbridge (see CPV Floats Plan for New Marcellus-Fired Power Plant in NJ). Must be plans for that plant are getting serious because a neighboring town, Edison, has voted in favor of a resolution opposing the second Woodbridge plant.
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The Gas and Oil Association of West Virginia (GO-WV) released a new report yesterday called “Gas Facts” (full copy below). The report chronicles the impact oil and gas has had on the Mountain State over the past five years. According to Charlie Burd, GO-WV executive director, “Natural gas is the state’s top-paying sector, supporting more than 82,000 jobs and contributing roughly $5.2 billion in wages each year. Clean, abundant natural gas will continue to drive economic growth and opportunities for generations of West Virginians.” It’s an interesting report. One thing in the report caught our eye immediately: Two “top 10” lists for gas and oil production. We’re suckers for a good top 10 list…
Terry Etam, an energy writer with over two decades in the business, has a short but brilliant take on what’s causing the mayhem currently happening in the energy world. Writing on the Watts Up With That? blog site (the world’s most viewed site on global warming and climate change), Etam makes the case that within a few months, the “divest fossil fuels” campaign is going to look like the dumbest movement in history…
ExxonMobil, which has a sizable presence in the Marcellus/Utica via subsidiary XTO Energy, has a rapidly growing cancer from within–it’s called the Exxon board of directors. Yes, the board of directors can and does change an entire company’s culture and future. In May, Big Green pushed and pressured and pouted and demanded–and finally won the right to appoint three of Exxon’s board members. A real tragedy. Those three members along with two other new board members are forcing the company to push for a carbon tax and abandon huge international projects that would make the company money for years to come. This is how the left defeats their opponents–eating them alive from within.
MARCELLUS/UTICA REGION: Best Lawyers in America names WV oil and gas lawyer Allison Farrell to 2022 list; OTHER U.S. REGIONS: Enbridge briefly shut Line 5 after protesters tampered with pipeline; NATIONAL: E&Ps start hoarding cash from rapidly rising inflows; Why bad climate legislation is worse than no climate legislation; INTERNATIONAL: Saudi Arabia believes OPEC+ can’t decrease natural gas prices; EIA projects non-OECD Asia to become the largest importers of natural gas by 2050.