Dominion Energy

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    Fate of 2 Important Pipelines May Rest in Virginia Governor Race

    Election matters, and elections for governor really matter–at least with respect to shale drilling and pipelines. Here in New York State, where MDN is written, we are ruled by a corrupt autocrat by the name of Andrew Cuomo. Single-handed Cuomo has decided to ban fracking and block new shale gas pipelines (see After 6+ Years, Andrew Cuomo Bans Fracking in New York; NY Gov. Cuomo Refuses to Grant Permits for Constitution Pipeline; and Cuomo’s Corrupt NY DEC Blocks NFG Northern Access Pipeline Permit). So when a Democrat candidate in Virginia to be the next governor vows to block pipelines there, we don’t take it as just electioneering. These people are serious–and dangerous. Our court systems have failed to reign in Democrat autocrats who rule by fiat. It’s up to the people to ensure they don’t get elected. On June 13 Virginia will hold a primary in their gubernatorial race. Since a Democrat has won the governor’s mansion in nine out of the last ten elections, it pays to pay attention to the two leading Dem candidates for governor in Virginia. One of them, former Congressman Tom Perriello, says he’ll block both the $5 billion Atlantic Coast Pipeline through his state, and the $3.5 billion Mountain Valley Pipeline. His opponent, the sitting Lieutenant Governor Ralph Northam, doesn’t outright oppose the projects but instead says they will be put under an extreme review by the Virginia Department of Environmental Quality (DEQ). Just one problem with that: The DEQ says FERC is the one who will monitor and review the project, not the DEQ. In other words, what Northam has been promising is just another empty political promise (surprised?). With a close race, will this late-breaking news from the DEQ tip the balance in favor of the radical Perriello?… Read More “Fate of 2 Important Pipelines May Rest in Virginia Governor Race”

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    Poll: Majority of Voters in VA, WV, NC Support Atlantic Coast Pipe

    Leftist anti-fossil fuelers are only too happy to poll anything and everything–except for what really matters. How do the VOTERS in Virginia, West Virginia and North Carolina feel about the Atlantic Coast Pipeline (ACP)? ACP is Dominion Energy’s $5 billion, 594-mile natural gas pipeline that will stretch from West Virginia through Virginia and into North Carolina. The Consumer Energy Alliance (CEA), the “voice of the energy consumer,” set out to answer the question: How do voters feel about ACP? In a poll commissioned by ACP, a majority of voters in all three states support the project–by an overwhelming majority. ACP hired Hickman Analytics Inc., a “Democratic-leaning,” Maryland-based firm to do the polling. Harrison Hickman, founder of the firm, said, “By any measure, whether it’s a policy matter or a voting matter, the pipeline has widespread support.” That’s something you won’t read in most news outlets. Here’s the results of the poll… Read More “Poll: Majority of Voters in VA, WV, NC Support Atlantic Coast Pipe”

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    Dominion Contacting First Responders re Atlantic Coast Pipeline

    Atlantic Coast Pipeline (ACP), Dominion Energy’s $5 billion, 594-mile natural gas pipeline that will stretch from West Virginia through Virginia and into North Carolina, has begun an outreach program with Local Emergency Planning Committees in several West Virginia counties. The pipeline is not yet fully approved by the Federal Energy Regulatory Commission (FERC). Dominion expects that approval sometime this fall (see Dominion CEO Says Atlantic Coast Pipeline is Full Speed Ahead). However, Dominion and ACP would not be wasting their time and the time of local first responders with meetings, if they didn’t believe the project is already in the bag. So we take these meetings as a good sign that ACP is on the way… Read More “Dominion Contacting First Responders re Atlantic Coast Pipeline”

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    Slight Delay: New Date for FERC Approval of Atlantic Coast Pipe

    There has been a slight delay from the Federal Energy Regulatory Commission (FERC) in the approval process for Dominion’s $5 billion, 594-mile Atlantic Coast Pipeline–a natural gas pipeline that will stretch from West Virginia through Virginia and into North Carolina. On Friday, FERC issued an official update to Dominion to say that instead of issuing a final Environmental Impact Statement (EIS) on June 30, 2017, as previously promised, the agency will now provide the final EIS on July 21, 2017–three weeks later. The final EIS is an important step in the process–perhaps THE most important step. When/if FERC issues a positive EIS that finds a project will not cause undue environmental harm, it’s usually all over. Yes, other steps are involved, but a final approval is then a foregone conclusion. So IF the final EIS is delivered on July 21, a 90-day clock begins ticking. FERC will then have until Oct. 19 to deliver their final final final approval of the project…
    Read More “Slight Delay: New Date for FERC Approval of Atlantic Coast Pipe”

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    Dominion Gets a Name Change, New Logo

    As of yesterday, midstream and utility giant Dominion and all of its various subsidiaries has changed its name–adding “Energy” to the end. No longer is the website dom.com (a catchy URL that’s easy to remember). As of today, the URL is dominionenergy.com (we need to talk to someone in their branding department–all those extra keystrokes are nuts!). Dominion Resources, Inc., has become Dominion Energy, Inc., complete with a new logo. At least they still have the same stock ticker, a plain “D”. A whole list of subsidiary companies controlled by Dominion have also changed their names. Dominion East Ohio has become Dominion Energy Ohio. Dominion Hope has become Dominion Energy West Virginia. Questar Gas, bought by Dominion last year (see $4.4B Dominion-Questar Merger Happens Tomorrow), has become three companies: Dominion Energy Utah, Dominion Energy Wyoming, and Dominion Energy Idaho. And oh, what’s this? The newly renamed Dominion Energy, Inc. (the parent company) turned around and on the same day renamed itself to Dominion Generation, Inc. Got it all straight? No, we don’t either. That’s why you need Dominion’s scorecard… Read More “Dominion Gets a Name Change, New Logo”

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    Dominion 1Q17 – Updates on Cove Point, Atlantic Coast Pipe & More

    Yesterday midstream and utility giant Dominion issued its first quarter 2017 update. Along with the update Dominion held an earnings call. On that call we learned new information about both the Atlantic Coast Pipeline (ACP) project, Dominion’s Cove Point LNG export project, and a plethora of other projects, including natgas-fired power plants and more pipelines in the works. Dominion CEO Tom Farrell shared the exciting news that Cove Point is now 89% complete and will be “in service” later this year. As for Atlantic Coast Pipeline, Dominion has now purchased 80% of the materials they will need to build it. Farrell said the pipeline will be online in the second half of 2019. Another six pipeline projects are underway (at a cost of $700 million)–with five of the six due to be done THIS YEAR. Dominion is a happening company. Below are extracts from the earnings call, the 1Q17 update (with financials), and the newest PowerPoint slide deck used during the earnings call…
    Read More “Dominion 1Q17 – Updates on Cove Point, Atlantic Coast Pipe & More”

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    Dominion Faces Hostile Crowd in Ithaca re New Market Project

    In June 2014, MDN told you about the Dominion New Market Project–a project that will build two new compressor plants and upgrade one other compressor station in upstate New York–to help flow more abundant, cheap and clean-burning Marcellus Shale gas from Pennsylvania (and beyond) into the northeast (see Dominion Asks FERC for New Compressors in Upstate NY, WV). The project is projected to cost $159 million and provide 112,000 dekatherms per day (Dth/d) of extra natural gas capacity along ~200 miles of existing Dominion pipeline across upstate New York. The existing Dominion pipeline runs through the Horseheads, Ithaca, Syracuse and Albany areas. The Federal Energy Regulatory Commission (FERC) approved Dominion’s New Market Project in October 2015 (see FERC Approves Expansion of Dominion Pipeline in Upstate NY). And then a real miracle happened. The corrupt New York Dept. of Environmental Conservation (DEC) approved the New Market compressor stations on Dec. 23, 2016 (see Miracle! NY DEC Approves Dominion’s New Compressor Stations). Needless to say, anti-fossil fuel freaks are freaked out that the project is now a reality. The lone compressor station that will get an upgrade (not being built from scratch) is located near Ithaca, NY, home of some of the nuttiest of the nutjobs. On Monday night, Dominion personnel donned their armor and held a public meeting to answer questions by a crowd that was, by all accounts, hostile… Read More “Dominion Faces Hostile Crowd in Ithaca re New Market Project”

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    Dominion CEO Says Atlantic Coast Pipeline is Full Speed Ahead

    Dominion CEO Diane Leopold held a conference call last Thursday to provide an update on progress for the company’s $5 billion, 594-mile Atlantic Coast Pipeline–a natural gas pipeline that will stretch from West Virginia through Virginia and into North Carolina. Leopold said on the call that Dominion has procured 85% of the land, materials, and services it needs to build the pipeline. Nearly all of the land surveying is now done (98%)–and the company now has signed agreements with 60% of the landowners along the proposed route. Leopold expects the Federal Energy Regulatory Commission (FERC) will grant a final approval for the project this fall. In other words, it’s full speed ahead for the Atlantic Coast Pipeline, irregardless of opposition from anti-fossil fuel fanatics, a relative few who continue to vociferously oppose the project…
    Read More “Dominion CEO Says Atlantic Coast Pipeline is Full Speed Ahead”

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    FERC Wants More Info, Route Tweaks from Atlantic Coast Pipeline

    One of the oft-repeated lies we hear from anti-fossil fuelers against the Federal Energy Regulatory Commission (FERC) is that the agency “never” rejects a pipeline proposal, and “hasn’t in 20 years.” The conclusion, according to liemeisters like THE Delaware Riverkeeper, is that FERC is simply a “rubber stamp” for “big oil and gas”–not to be trusted and (preferably) shut down. That’s the kindergartenish meme they pedal to unthinking, left-leaning enviro lapdogs (their followers), who believe them. But you and I know the truth. This is that truth: FERC picks over pipeline projects with a fine-tooth comb. When FERC finds something they don’t like, they respond back to the project builder with “suggestions” about route changes, construction guidelines, request for more information, etc. If the project builder decides to disregard FERC’s “suggestions,” the builder runs the risk of having the project rejected. So they change it. It is an ongoing negotiation. What if FERC demands something really wacky? The project builder will push back, but in the end, what FERC wants, FERC gets. Period. And so it is with Dominion’s $5 billion, 594-mile Atlantic Coast Pipeline–a natural gas pipeline that will stretch from West Virginia through Virginia and into North Carolina. Atlantic Coast is winding its way through the FERC regulatory process. Last week was the deadline for filing comments on FERC’s draft environmental impact statement (EIS) for the project. On Tuesday, FERC sent Dominion a 36-page letter (full copy below) regarding the Atlantic Coast Pipeline, identifying 100 areas of concern with the “suggestion” that minor route changes and workspace reductions would button up most issues. You can bet your bottom dollar Atlantic Coast Pipeline will bend over backwards to make those adjustments. This is how adults handle things…
    Read More “FERC Wants More Info, Route Tweaks from Atlantic Coast Pipeline”

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    Dominion Cove Point to Begin LNG Exports to India in Jan 2018

    Since early 2013 all of the LNG export capacity at the coming Cove Point LNG facility (on the shore of Maryland) has been spoken for–by India and Japan (see Dominion’s Cove Point LNG Facility Achieves Important Milestones). Cove Point is scheduled to go online late this year, with shipments heading to India beginning in January 2018. GAIL India, the state-owned entity contracted with Dominion/Cove Point for LNG from the plant, has known about the coming date for the past four years. They will need numerous ships to ferry Cove Point LNG to India. So GAIL put out the word several years ago for companies to build nine ships total–to handle LNG exports from both Cove Point and Cheniere Energy’s Sabine Pass facility, along the Gulf Coast. One of the requirements for the project is that three of the nine has to be built in India–“Made in India”. They got no takers, and so now GAIL is scrambling to try and lease ships for the “short term” (3-4 years) so they can begin shipping on time…
    Read More “Dominion Cove Point to Begin LNG Exports to India in Jan 2018”

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    US Forest Serv OKs Atlantic Coast Pipe Crossing Appalachian Trail

    Last Thursday was the last day for people, agencies, nutjobs, supporters–for anyone–to file an official comment with the Federal Energy Regulatory Commission (FERC) on the agency’s draft environmental impact statement for the Atlantic Coast Pipeline project. Dominion has proposed building the $5 billion Atlantic Coast Pipeline (ACP) project from West Virginia through Virginia and into North Carolina. One of the problems they’ve had is resistance from U.S. government agencies, including the U.S. Forest Service. In January 2016, the USFS told Dominion it was a no-go for running the pipeline through tiny pieces of either the Monongahela or George Washington national forests in West Virginia and Virginia (see US Forest Service Blocks Atlantic Coast Pipeline in National Forests). So we found it interesting that USFS, in filing a comment last Tuesday about the project, endorsed Atlantic Coast’s plan to drill underneath the famed Appalachian National Scenic Trail and the Blue Ridge Parkway. The pipeline will drill horizontally underneath both. While it’s good news that the USFS is not blocking the pipeline, the lifers still dug in at the EPA continue to pressure FERC to not release the final EIS, to do “further analysis”–which is code for delay the project until they can figure out a way to kill it. Here’s the good news from the USFS…
    Read More “US Forest Serv OKs Atlantic Coast Pipe Crossing Appalachian Trail”

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    Dominion Widens Its Economic Competitive Advantage, i.e. “Moat”

    Last July we were introduced to the concept of a “wide economic moat” (see Marcellus Shale Gives Dominion Unstoppable Competitive Advantage). What is it? According to Investopedia, a wide economic moat is, “A type of sustainable competitive advantage that a business possesses that makes it difficult for rivals to wear down its market share and profit. The term is derived from the water filled moats that surrounded medieval castles.” Makes sense. We call it being so far ahead of the pack no one else can catch up. Last July, a Morningstar analyst wrote about Dominion’s wide economic moat. The reason for that moat? “[N]otably the Atlantic Coast Pipeline and Cove Point LNG facility.” That is, because of the Marcellus Shale. The Morninstar analyst is back, writing more about Dominion’s wide moat getting wider. Why? Certainly the Marcellus/Utica remains front and center. But the analyst also says Dominion’s purchase of Questar, with a pipeline network in the West, is helping too…
    Read More “Dominion Widens Its Economic Competitive Advantage, i.e. “Moat””

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    Virginia DEQ Plans to Give 2 Pipeline Projects Detailed Exam

    The Virginia Department of Environmental Quality (DEQ) announced yesterday that it would require water quality certifications under Section 401 of the federal Clean Water Act for each segment of both the Atlantic Coast Pipeline project (Dominion) and the Mountain Valley Pipeline project (EQT & NextEra Energy). Apparently the DEQ considered using the U.S. Army Corps of Engineers Nationwide Permit 12 process–a less rigorous review (saves about half a forest of trees in paper). But in the end, the DEQ said they were caving to political pressure from anti groups (our words), and instead put Atlantic Coast and Mountain Valley on notice to get ready for a detailed exam. It will be painful. However, it’s not anything either company isn’t already used to/hasn’t done before. We wouldn’t say “it’s no big deal,” but neither is this a show stopper. The more relevant question: Is the DEQ ready to review the blizzard of paperwork that will come at them, IN A TIMELY MANNER? The real question is whether or not the DEQ is equipped to conduct the extensive review they’ve now demanded, and what happens if they can’t?…
    Read More “Virginia DEQ Plans to Give 2 Pipeline Projects Detailed Exam”

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    Bipartisan Support from WV, VA, NC for Atlantic Coast Pipeline

    In what has to be a major blow to the morale of anti-pipeline crusaders in West Virginia, Virginia and North Carolina, the top elected state officials in the legislatures of all three states, both Republicans AND Democrats (16 of them in all), sent a letter on Tuesday to the Federal Energy Regulatory Commission (FERC) requesting FERC approve the Atlantic Coast Pipeline project. Dominion wants to build a $5 billion, 594-mile natural gas pipeline that will stretch from West Virginia through Virginia and into North Carolina. The leaders of all three state legislators have told FERC, we want this pipeline, we NEED this pipeline, please approve it. Today is the last day FERC will receive public comments on the project. Here’s who signed, along with a copy of the letter sent to FERC…
    Read More “Bipartisan Support from WV, VA, NC for Atlantic Coast Pipeline”

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    Enviros Shut Down Duke U Meeting Where FERC Chair to Speak

    Extremist environmental protesters who don’t want to hear any viewpoints other than their own (i.e., fascists who LOVE to suppress free speech), got a bit violent and ugly on Tuesday and shut down a meeting at Duke University (headquarters for insane environmentalism) where the Acting Chairwoman of the Federal Energy Regulatory Commission, Cheryl LaFleur, was scheduled to speak. Beyond Extreme Energy was one of the groups behind the illegal action. They have dogged FERC Commissioners for years. Perhaps some in the crowd were the same Beyond Extreme Energy lunatics that Pennsylvania Public Utilities Commissioner Rob Powelson previously called “jihadists”–because they show up at FERC Commissioners’ homes and threaten them (see Potential FERC Com. Powleson Calls Anti-Fossil Fuelers “Jihadists”). The lunatics at Duke forced their way into a meeting where LaFleur was going to speak, blathering on about FERC being a “rubber stamp” for the natural gas industry, which shows their complete and utter stupidity. The Beyond Extreme Energy extremists specifically object to bringing “fracked Marcellus and Utica gas” via Dominion’s proposed Atlantic Coast Pipeline to North Carolina. After shutting down the meeting using banners made in part from fracked natural gas, wearing clothes that come from petrochemicals, sneakers made from petrochemicals, arriving at the meeting via fossil-fuel powered vehicles, they went back to their dorms and homes–heated with natural gas. Pretty extreme, wouldn’t you say? Welcome to Wonderland, Alice…
    Read More “Enviros Shut Down Duke U Meeting Where FERC Chair to Speak”

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    Pipeline Jihadists “Double Down” on Other Pipes After Losing DAPL

    We don’t use the word “jihadist” lightly or flippantly. A jihad is, according to Websters, “a crusade for a principle or belief.” Most of the time the media uses the term in reference to radical Muslims who perpetrate acts of terror and crime in a holy war to convert the world to Islam. We think there’s a close parallel to some (not all) extreme environmentalists. It is irrefutable that many in the environmental movement view their cause as a kind of holy war–against those they believe are harming Mom Earth. Against those who don’t or won’t “convert” to their philosophy on how best to protect the environment (i.e. dump the use of fossil fuels). Some of these extremists tip over into criminal and even terrorist activities. We saw it in the protests of the Dakota Access Pipeline (DAPL) project in North Dakota, when so-called protesters vandalized millions of dollars of equipment, set tires on fire, illegally blocked roads, and (one) even shot at police officers (see Police Remove Pipeline Protesting THUGS from Private Land in ND). Last week, in a coordinated attack, holes were burned in two different Dakota Access Pipeline above-ground valve stations in two different states (see Eco-Terrorists Burn Holes in Dakota Access Pipeline in 2 States). With oil now flowing through DAPL (the antis lost), the same group of people who opposed DAPL are now pledging to “double down” on several proposed pipeline projects–to stop them by any means necessary. One of the projects targeted for aggressive opposition is Dominion’s Atlantic Coast Pipeline–right here in the Marcellus/Utica. Given their previous behavior, we think it’s warranted to label these people as environmental jihadists. We certainly hope the FBI is paying attention to their activities…
    Read More “Pipeline Jihadists “Double Down” on Other Pipes After Losing DAPL”