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Economic Fallout from Cuomo’s Decision to Kill NESE Pipeline
Yesterday New York Gov. Andrew Cuomo dropped an economic atom bomb on New York City by rejecting a natural gas pipeline to bring more supplies of clean-burning natgas to NYC and Long Island (see NY Gov. Cuomo Denies Permit for Williams NESE Pipeline to NYC). The reaction has been swift, and negative. NYC’s economic and business leaders understand what’s just happened. They are “alarmed” at what’s coming. They have good reason to be alarmed. NYC is an economic “dead man walking.”
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Hey New York Islanders NHL team–you’re screwed. No new stadium because your governor, Andrew Cuomo has just directed his corrupt Dept. of Environmental Conservation (DEC) to deny a permit to build the Williams Northeast Supply Enhancement (NESE) natural gas pipeline, a pipeline your new stadium needs or won’t get built. You can thank Andy for blowing your billion dollar project. Oh, and residents in NYC’s tenement buildings who won’t have heat next winter because their landlords are being forced by the city to dump fuel oil and now have nothing to switch to? They can thank Andy too, as they huddle with their winter coats on in their freezing apartments.
Holy Toledo! Enbridge, a really big pipeline company headquartered in Calgary, Canada, is in the process of buying the 23-mile Generation Pipeline located in northwest Ohio for $100 million. Enbridge owns the Texas Eastern Transmission Company (Tetco), as well as a 50% share in the NEXUS Utica Shale pipeline in the Marcellus/Utica region. It is that later project, NEXUS, that prompted Enbridge to pursue a purchase of Generation Pipeline.
EdgeMarc Energy, headquartered in Canonsburg, PA (with 45,000 acres of Marcellus/Utica leases), is filing for Chapter 11 bankruptcy, looking to sell all of the company’s assets. The reason? They can’t move their production to market because their main pipeline partner, Energy Transfer’s Revolution Pipeline, exploded last September and ET has not been able to get the PA Dept. of Environmental Protection to allow them to restart it.
Speaking of the exploded Revolution Pipeline located in southwestern Pennsylvania that’s led to a driller declaring bankruptcy (see EdgeMarc Energy Files for Bankruptcy, Blames Revolution Pipe Outage), yesterday the PA Dept. of Environmental Protection (DEP) issued an order to Energy Transfer, builder of Revolution, to “identify and restore or mitigate all streams and wetlands that it illegally eliminated or altered during the construction” of the pipeline. DEP claims ET “illegally” eliminated at least 23 streams and changed the length of another 120 streams.
Mountain Valley Pipeline (MVP), being built by Equitrans (formerly EQT Midstream), has just agreed to pay a $265,972 fine and submit a plan of corrective action to West Virginia state regulators to fix storm water runoff caused when building the 303-mile pipeline in the Mountain State.
Guess we should have seen this one coming. Last week MDN told you that U.S. Circuit Court of Appeals for the District of Columbia rejected an appeal by the rich snobs from Cooperstown that call themselves Otsego 2000, challenging the Federal Energy Regulatory Commission’s (FERC) approval of Dominion Energy’s New Market Project to build two new compressor stations in Upstate NY (see 
You know who anti-vaxxers are, right? The parents who won’t give their children vaccines because they fear the vaccines may give their kids autism or allergies. Because of this anti-vaxxer movement, there’s been a recent resurgence in measles–particularly in New York City. A group calling themselves Physicians for Social Responsibility is trotting out scare tactics to oppose a pipeline compressor station in Weymouth, Massachusetts. One writer calls them the anti-vaxxers of energy. We love it!
Is Summit Midstream teeing up their Marcellus pipeline gathering system for a sale? Late last week Summit Midstream, which has a meaningful presence in the Marcellus/Utica region, released its first quarter 2019 numbers and held a conference call to discuss the company’s performance. As was the case for fourth quarter and full year 2018 (see 
TransCanada, which recently changed its name to TC Energy, is on a mission to sell more natural gas produced in Western Canada to New England and the East Coast of Canada. TC Energy’s Mainline pipeline system, that pretty much spans the continent, has just won its third rate cut by the Canadian National Energy Board (NEB), making Western Canadian gas that much cheaper to cart over 1,000 miles away to markets in the east.
Here’s a cool story: Energy Transfer, the company building the Mariner East 2 Pipeline in Pennsylvania, has just committed to funding the Pennsylvania Special Olympics to the tune of $450,000 over the next three years. MDN editor Jim Willis’ wife works with special needs kids, so he has a soft spot for programs like Special Olympics. Jim thought: “Hey, this is a good news story. Surely someone in the media will have picked up the Special Olympics press release by now and published an article about this, right?” Nope. Total media blackout. We couldn’t find a single news outlet that has covered this news, now four days old.
We haven’t written about Weatherford International, the world’s fourth largest oilfield services (OFS) company, since last December when the New York Stock Exchange threatened to de-list their stock (see 
Antis pinned their hopes that they could get the U.S. Circuit Court of Appeals for the District of Columbia to overturn a Federal Energy Regulatory Commission (FERC) approval for Dominion to build a couple of compressor stations in upstate New York, thereby forcing FERC to consider mythical man-made global warming in ALL pipeline decisions. The case had the makings of being a “landmark” case. Yesterday antis lost their landmark case when the court ruled the party bringing the lawsuit, Otsego 2000, didn’t have standing to bring the lawsuit in the first place.
MarkWest Energy, now part of MPLX (Marathon Petroleum) operates the nation’s largest cryogenic gas processing plant operation in the country, the Sherwood Complex, in West Virginia (see 
Huntingdon County, PA landowner Ellen Gerhart, adamantly opposed to the Mariner East 2 pipeline being constructed across her land, tried to block construction on her property. She had her day in court last August and was found guilty of violating a judge’s previous order to stop interfering with construction (see 
We have news of a new, small pipeline project with the potential to carry more PA Marcellus natural gas to several locations in Delaware and Maryland. Eastern Shore Natural Gas Company (ESNG), a subsidiary company of Chesapeake Utilities Corporation, filed a request with the Federal Energy Regulatory Commission (FERC) in Sept. 2018 to build 19+ miles of new pipeline and new meter and delivery stations in Kent and Sussex counties in Delaware, and Wicomico and Somerset counties in Maryland. FERC has just issued a positive environmental assessment (EA) for the project.