Columbia Gas Pipeline Near Interstate 81 in Va. Explodes, Big Fire

Talk about bad luck. On Monday, TC Energy announced it had sold a 40% stake in its Columbia Gas Transmission pipeline subsidiary to Global Infrastructure Partners for $3.9 billion (see TC Energy Sells 40% Interest in Columbia Pipeline to Investor GIP). Yesterday, a portion of the Columbia Gas Transmission pipeline in rural western Virginia–in Shenandoah County near Interstate 81–exploded and caught fire. Fortunately, the blast did not hurt nearby residents, nor were there any injuries among first responders who helped extinguish the fire.
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Range Resources’ new CEO, Dennis Degner, told analysts yesterday during a quarterly update that he doesn’t think the commodity price of natural gas and the overall demand for natgas will increase for the rest of this year and most of next year. So Degner will keep the company’s drilling program active enough to keep production at the current level of 2.1 Bcf/d. Range must drill 60-65 new wells yearly to maintain production.
Douglas is a small town in southern Worcester County, Massachusetts. The population was 8,983 at the 2020 census. It includes the sizable Douglas State Forest, managed by the Department of Conservation and Recreation (DCR), and not much else. Douglas desperately needs new businesses to move in to help with the tax base, but with no natural gas service, businesses were not interested. So Douglas officials contacted Eversource, one of the state’s largest utility companies, about the possibility of running natural gas lines into and through Douglas. And they’ve done it–behind the backs of radicalized anti-fossil fuelers, who are livid.
Columbia Gas Transmission pipeline is in the news–all over the place. Yesterday we told you about TC Energy’s plan to sell a 40% stake in the Columbia Pipeline (owned by TC) to Global Infrastructure Partners for $3.9 billion (see
Liberal Democrats never give up on their poor ideas–even when they are rejected year after year. In 2021, the Dems who controlled the U.S. House of Representatives with an iron fist under der Führer Pelosi introduced five bills, including the FRAC Act, aimed at destroying the oil and gas industry in this country (see
The Bidenistas noticed that shale companies are beginning to use various private NGOs to certify the production of natural gas as responsible. The effort is picking up steam, and the Bidenistas don’t like the fact they are not in control. They can’t call the shots and determine what is and is not “green enough” for them. So in March, the Bidenistas began “holding talks” to try and establish a national/international standard (see
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