Trump Won: New York & New Jersey Issue Water Permits for NESE Pipe
Donald Trump once famously said, “We’re gonna win so much. You’re gonna get tired of winning. And you’re going to say, ‘Please, please, it’s too much winning. We can’t take it anymore. Mr. President, it’s too much.’ And I’ll say, ‘No, it isn’t. We have to keep winning. We have to win more!'” He’s keeping his promise to win! However, we’re not tired of winning just yet. 😉 Last Friday, Williams announced that both New York and New Jersey have issued the required federal water permits needed to build the Transco pipeline project called the Northeast Supply Enhancement (NESE). President Trump made a deal (so the rumor goes) with NY Gov. Kathy Hochul, allowing her to continue building a $5 billion offshore wind farm boondoggle in return for building NESE and another project, the Constitution Pipeline (see Trump Deal Trades NY Offshore Wind for Constitution, NESE Pipes). He did it. He won. Read More “Trump Won: New York & New Jersey Issue Water Permits for NESE Pipe”
Last week, the Pennsylvania Public Utility Commission (PUC) approved a Tentative Order by a 3-2 vote, proposing a statewide model tariff (tax) to manage the growing impact of large-load customers, such as AI data centers, on the electric grid. The goal is to encourage investment and job growth while protecting existing ratepayers from cost-shifts and ensuring reliability. The PUC failed. The proposed order was passed on a partisan basis, with the three Democrat commissioners voting to make it harder and more expensive for data centers to locate in the Keystone State, potentially jeopardizing $92 billion of investments promised to the state related to data centers (see 
We may finally, after seven long years of torture, have a resolution to the issue of forcing Pennsylvania to join the Regional Greenhouse Gas Initiative (RGGI) carbon tax scheme. The rumors are swirling around Harrisburg that the Democrats (including Governor Josh Shapiro) and Republicans in the state Senate are close to a budget deal. The budget was supposed to be adopted by July 1st. It’s now over four months late, and school districts and government agencies dependent on state funding are hurting. The rumor is that the budget deal includes a provision to dump PA’s participation in RGGI. Lefty environmentalists are having a CO2-emitting cow at the news. 
In April, we told you that Energy Transfer’s (ET) Lake Charles LNG project had landed a new partner to help pay for the project, MidOcean Energy, which will cover 30% of the cost of building the plant (see 
Last week, the Baker Hughes U.S. national rig count gained rigs again after dropping rigs in the prior week. The national count added two rigs, going from 546 to 548. The BH rig count has added rigs in three of the last four weeks. Rigs in the Marcellus/Utica remained the same last week at a combined 37, the same number for six weeks in a row. Pennsylvania remained unchanged at 17 active rigs (six weeks in a row). Ohio was the same at 13 rigs (seven weeks in a row). And West Virginia maintained its 7 rigs, which it has operated since May 30 (24 weeks in a row). There were 23 rigs targeting the Marcellus and 14 targeting the Utica. 
MARCELLUS/UTICA REGION: Core Natural explores rare earth mineral mining potential at PA coal sites; OTHER U.S. REGIONS: Rockefeller network claims credit for California’s plastic lawfare; NATIONAL: U.S. gas futures extend rally to three weeks; Three U.S. regions each produce more natural gas than most countries; Why U.S. natural gas prices could be headed higher in 2026; US set to produce record amounts of natural gas to meet surging export demand; Propane oversupply meets potential natural gas shortfall; INTERNATIONAL: Oil rises but logs second weekly loss; Oil market appears ‘torn’; Alarmists play long game at COP30; Europe’s LNG demand surge flips global gas market.