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  • Braxton County | Industrywide Issues | Litigation | Regulation | Statewide WV | West Virginia

    WV’s Waco Oil and Gas Fined $825K by Feds for Pollution Violations

    October 3, 2023October 3, 2023

    Waco Oil & Gas Co., Inc., headquartered in Glenville (Gilmer County), WV, signed a proposed consent decree (settlement agreement) with the West Virginia Dept. of Environmental Protection and the federal Environmental Protection Agency (EPA) to settle an “alleged” charge of violating the federal Clean Water Act and West Virginia state law for “unauthorized discharges of dredged or fill material into waters of the United States in Braxton County, West Virginia.” Waco will pay a $825,000 penalty — split evenly between the feds and WV. Waco will also pay big bucks to restore “the vast majority of the impacted waters” and to provide “compensatory mitigation for waters that cannot be restored.” No doubt the bill will far exceed $1 million in total.
    Read More “WV’s Waco Oil and Gas Fined $825K by Feds for Pollution Violations”

  • Erie County (NY) | Industrywide Issues | LDCs | M&A | New York

    Western NY NatGas Utility EnergyMark Buys Crown Energy Services

    October 3, 2023October 3, 2023

    Local natural gas utility EnergyMark, LLC located in Williamsville, NY (provider of natgas to the Buffalo Bills stadium), announced the acquisition of the assets of another gas utility, Crown Energy Services, Inc. of West Seneca, NY. The two energy supply companies are among the longest-standing suppliers of natural gas in Western New York. Both companies have provided natural gas supply service to industrial, commercial, and residential clients in New York and Pennsylvania for over 20 years.
    Read More “Western NY NatGas Utility EnergyMark Buys Crown Energy Services”

  • Statewide WV | West Virginia

    Plugging Orphan O&G Wells Begins on Federal Land in WV

    October 3, 2023October 3, 2023

    In the fall of 2021, President Biden signed into law the so-called Infrastructure bill, some $1.2 trillion in pork barrel spending, passed with the help of turncoat Republicans (see Biden So-Called $1.2T Infrastructure Bill Passes Thanks to RINOs). Only about 9% of the $1.2 trillion will go to actual infrastructure projects like roads and bridges. One of the line items in the bill (so small it’s a rounding error) is money to plug orphaned and abandoned oil and gas wells. A small amount of money was distributed last fall, a year after the bill became law (see PA DEP Solicits Bids to Plug First 50 Orphaned Wells Using Fed $$). Finally, after two years of waiting, the Bidenistas issued the next round of money in July — some $660 million in total, of which $163 million (or 25%) went to Ohio, Pennsylvania, and West Virginia (see Bidenistas Dispense $163 Million to Plug Old O&G Wells in OH-PA-WV). Some of the money is being put to good use cleaning up old well sites in on federal land in West Virginia.
    Read More “Plugging Orphan O&G Wells Begins on Federal Land in WV”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues | Litigation | New York | Regulation | Yates County

    NY Judge Upholds Permit Denial to Gas-Fired Plant for Crypto

    October 3, 2023October 3, 2023

    New York State has become the North Korea of the United States. It is narrow and parochial and devoid of freedom. If you operate a business in New York and you are not in a protected or favored class, or if your business does not bribe someone in the Democrat Party, you are in danger of losing that business. New York is aggressively hostile to any business remotely connected to fossil fuels. A “bitcoin miner” operating in beautiful Upstate NY, near the shore of Seneca Lake, uses a small natural gas power plant to provide power for its 15,300 computer servers. The radical Democrats running the state, including Gov. Kathy Hochul, want it shut down and gone. They are close to achieving their objective. How did we fall this far?
    Read More “NY Judge Upholds Permit Denial to Gas-Fired Plant for Crypto”

  • Alternative Energy | Industrywide Issues | Research

    EIA Report: Renewables Get Far More Gov’t Subsidies than Fossil Fuels

    October 3, 2023October 3, 2023

    For years, we’ve seen the lie repeated by mainstream media, Big Green shills, and environmental lackeys that fossil energy gets big government subsidies. Let’s put that lie to bed right now. The Bidenistas, who operate the U.S. Energy Information Administration (EIA), very quietly issued a major new report in early August that shows green energy receives FAR MORE in the way government subsidies than does fossil energy. FAR MORE.
    Read More “EIA Report: Renewables Get Far More Gov’t Subsidies than Fossil Fuels”

  • Dominion Energy | Energy Services

    Dominion Urges Investors to Reject Latest “Mini-Tender” Offer by TRC

    October 3, 2023October 3, 2023

    TRC Capital Investment Corporation has sent an unsolicited “mini-tender” offer to Dominion Energy stockholders looking to purchase up to 2 million shares of Dominion’s common stock at an offer price that is 4.47% lower than the current share price. TRC Capital is looking to pick up Dominion shares on the cheap and turn around and flip them at a higher price. Dominion is warning stockholders they should not agree to the deal.
    Read More “Dominion Urges Investors to Reject Latest “Mini-Tender” Offer by TRC”

  • Best of the Rest

    Other Stories of Interest: Tue, Oct 3, 2023

    October 3, 2023October 3, 2023

    NATIONAL: Biden’s ‘war against oil’ is pushing prices up, US shale execs say; The dangerous delusion of a global transition to “just electricity”; INTERNATIONAL: Big Oil CEOs defend themselves against climate criticism.
    Read More “Other Stories of Interest: Tue, Oct 3, 2023”

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