Case to Void Eminent Domain for MVP Tossed by D.C. Circuit
In 2019 a group of Virginia landowners filed a lawsuit against the Equitrans Mountain Valley Pipeline (MVP) project because they didn’t like how the pipeline left a mark across their horse pastures. The landowners arrogantly argued Congress improperly delegated its legislative powers to FERC and that ALL pipeline approvals made by FERC that have led to properties being “taken” against a landowner’s wishes, including MVP, should be invalidated. In May 2020 a federal court dismissed the case (see Lawsuit Seeking to Gut FERC Eminent Domain for MVP has Failed). Using money from Big Green groups (funded in part by foreign countries like Russia), the uppity landowners appealed the case to the U.S. Court of Appeals District of Columbia Circuit (see Radicals Using MVP Case to Void Eminent Domain for All Pipelines). The D.C. Circuit dismissed the case yesterday.
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Just yesterday MDN told you about this year’s distribution of last year’s (2021) impact fee revenue to local municipalities and to the black hole of Harrisburg politicians (see 
Two weeks ago the second-largest LNG export terminal in the U.S., Freeport LNG located near Galveston, Texas, experienced an explosion and fire (see 
The board of directors at Southwestern Energy Company voted to authorize the company to buy back $1 billion of its own stock. The buyback program will run from now until the end of 2023. The aim of stock buyback programs, as well as dividends, is to put more money into the pockets of investors. In the case of a stock buyback, each outstanding share (after the buyback) becomes a little more valuable. Southwestern is attempting to make its stock attractive for investors. This morning SWN share prices were trading around $6.91, up 47% year-to-date. On June 1 it was higher–trading at $9.64.
President Joe Biden is getting grumpy and thin-skinned in his old age. He thinks oil drillers and refineries should get up and tap dance on cue when he says so, even though he wants to bankrupt them and put them out of business a few years down the road. Leftwing media is catching on that the Bidenistas can’t demand more output now, requiring investments in the billions, while sending the loud message the same companies will be out of business in a few years as renewable nirvana takes hold (see 
In March the U.S. Securities and Exchange Commission (SEC) said it will begin to force all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face (see 
MARCELLUS/UTICA REGION: Giuliani says make NY ‘best fracking state’ in US; Tankers divert to Trinidad, Maryland after Freeport LNG blast; OTHER U.S. REGIONS: Venture Global and EnBW sign LNG sales and purchase deals; Exxon in talks with U.S. to bring forward Golden Pass LNG expansion; NATIONAL: Easing heat, ‘monumental reshaping’ of supply fuels more losses for natgas; As crucial test looms, Big Greens are under fire; INTERNATIONAL: These are the largest energy companies by market cap right now.