Circuit Court Judge Rules Virginia Can’t Leave RGGI Carbon Tax
In 2021, as he was running for Governor in Virginia, Glenn Youngkin pledged that if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). Youngkin kept his promise, although it took longer than he had hoped. Unfortunately, the left-leaning (very partisan) Association of Energy Conservation Professionals sued. The judge in the case just ruled the way Youngkin removed the state from RGGI was unlawful and that the state must (for now) remain in the high-tax, onerous organization. Read More “Circuit Court Judge Rules Virginia Can’t Leave RGGI Carbon Tax”

Antis did their best, but their best wasn’t good enough. Mountain Valley Pipeline (MVP) victoriously began to flow up to 2 Bcf/d of Marcellus/Utica molecules in June (see
Range Resources, the very first company to drill a Marcellus well back in 2004, leases office space in the Southpointe II business park in Cecil Township (Washington County), PA. Yeah, that Cecil, the one that has banned all new drilling by Range or anyone else via a 2,500-foot setback regulation (see
Living in New York State, as MDN editor Jim Willis does, is like watching a slow-motion train wreck. You can see it coming; you warn those nearby to get off the tracks and leave the area, but no one is listening. We’re talking about the coming brownouts and blackouts across the state (especially in New York City) due to the state’s climate policies blocking new natural gas-fired power plants. This past summer, Danskammer Energy, which operates a gas-fired peaker power plant along the Hudson River in Newburgh, NY, withdrew its request to expand the plant (see
Reuters predicts a sharp increase in U.S. LNG exports to European destinations “in the coming weeks.” Why? Because “the price spread between domestic natural gas and Europe’s main gas pricing hub hit one-year highs.” What the heck does that mean? We will explain it below.
We’ve brought you Harold Hamm’s top energy priorities for the incoming Trump administration (see
ExxonMobil is the second-largest oil company (by market capitalization) in the world, second only to the Saudi-owned Saudi Aramco. Exxon is the definition of “Big Oil.” Unfortunately, Big Oil isn’t always a positive thing. Exxon CEO Darren Woods wants to keep American taxpayers locked into forking over trillions of dollars to other (corrupt) countries in the name of global warming, called the Paris Agreement. Darren Woods needs to go, and we’re not the only ones who think so. On November 14th, the National Legal and Policy Center (NLPC) sent a letter to ExxonMobil’s Board of Directors that called for the immediate firing of Darren Woods as CEO and Chairman of the Board. NLPC cites “misaligned priorities and an irrational emphasis on government subsidies” as their reasons. NLPC contends that Mr. Woods’s leadership and his role in pushing to stay in the Paris Agreement has jeopardized ExxonMobil’s profitability and core mission as a leading oil and gas company.
NATIONAL: JP Morgan reveals greatest threat to USA shale sector; US LNG feedgas on track for 10-month high; INTERNATIONAL: Equinor CFO sees tight European gas market going into winter; Stalled European electric vehicle sales trigger 4,000 job cuts at Ford; The so-called ‘green movement’ increases the world’s demand for crude oil.