Equitrans Sets May 31st Date for MVP Startup; OVCX Online Now
Equitrans Midstream, builder of the mighty Mountain Valley Pipeline (MVP), issued its first quarter 2024 update yesterday. The update came without the typical conference call for analysts, given the impending merger with (takeover by) EQT Corporation. Picking through the prepared updates and filings with the SEC, we discovered some useful bits of news. First and foremost, Equitrans expects to begin operations on MVP on May 31st, provided all necessary directives are issued by the Federal Energy Regulatory Commission (FERC). MVP’s cost went up yet again, from $7.6 billion, estimated earlier this year, to now approximately $7.85 billion. However, MVP wasn’t the only big news coming from the update.
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In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged in the Utica Shale’s premier midstream company, MarkWest Energy, for $15 billion (see 
Private companies create jobs and economic stimulus, not “the government,” as the left convinces you. Companies, especially manufacturing companies, locate where there is cheap energy. In Pennsylvania, there is abundant cheap (and CLEAN) energy from Marcellus gas in the northeastern part of the state. And indeed, that is exactly what is happening. Businesses are locating in what locals call the “Inland Triangle” of PA — seven counties with numerous major interstate highways running through them in the heart of the Marcellus.
When the Bidenistas announced a $750 million “investment” of taxpayer money would flow to the Philadelphia region (actually Delaware and New Jersey, and a little bit of Philly) for a “green” hydrogen hub, wackadoodle antis pitched a fit (see 
Greg Wrightstone, a Pennsylvania native, is a geologist, the executive director of the CO2 Coalition, and an author. Wrightstone recently published an article detailing how Pennsylvania’s environment is not in the state of crisis that alarmists say it is. He implores Gov. Josh Shapiro to get his head out of his…mental morass…and stop worrying about mythical catastrophic global warming. Overall, the weather has been getting better and agricultural production is up in Pennsylvania. Shapiro needs to drop the doom and gloom routine.
First, the radicals of the Biden administration came for your natural gas stoves (see 
A week (nay, a day!) doesn’t go by that the Biden administration and one of the many executive agencies it oversees (EPA, DOE, PHMSA, DOT, FERC, etc.) issues a new “environmental” regulation. As we write about in a companion story today, just yesterday, the Bidenistas of the Dept. of Energy released a new final regulation yesterday controlling your what type of water heater you can buy, hoping to force you to buy a heat pump water heater (see Bidenistas Regulate Gas Stoves Furnaces, and Now, Water Heaters). Why the sudden flurry of new regulations coming from the alphabet soup of federal agencies? Because, says a card-carrying leftist, to “safeguard” environmental policies against an eventual Trump takeover next year.
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