Iroquois Gas Pipeline Offers to Cut Rates for Customers

This past January the Federal Energy Regulatory Commission (FERC) launched five investigations into four pipelines, three of which operate in the northeast, to determine whether or not those pipelines have been “substantially” overcharging their customers with the excuse of “we have to recover our costs” (see FERC Investigates 3 Northeast Pipelines for Overcharging). Although you might think the free market would govern what pipelines charge, pipelines, like other utilities, don’t operate in a totally free market. You can’t just up and leave one pipeline and take your gas to another. The government grants permission to operate, and the government keeps an eye on the rates charged–just like they do with your local gas and electric company. One of the pipelines under investigation is the Iroquois Gas Transmission pipeline, which runs mostly through New York State. Iroquois has just filed an offer to lower rates for its shippers, to make the FERC investigation go away…
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Just when you thought things had finally settled down with midstream giant Williams, a new rumor is making the rounds. Brief history: Energy Transfer Equity’s (ETE) billionaire CEO Kelsy Warren propositioned Williams for over six months before going public with his overtures (see
In March 2015, Dominion–a huge natural gas and electric utility as well as a midstream company–announced plans to build the State of Virginia’s largest natural gas powered electric generating plant, in Greensville County, VA (see
We’re sorry to beat a dead horse (or goat, in this case) to death, but we can’t help it. We have another shining example of far-left environmental radicals who are bleating about the Federal Energy Regulatory Commission’s (FERC) change-up in the way they accepted public comments on the PennEast Pipeline project. We first reported the antis are up-in-arms two days ago (see
Earlier this month MDN reported that oilfield services company Seventy Seven Energy (SSE), the former Chesapeake Oilfield Operating company, had popped out of bankruptcy in record time–just two months after declaring bankruptcy (see
Pennsylvania residents: It’s time to (once again) show your support for the Atlantic Sunrise Pipeline project, a $3 billion, 198-mile project running through 10 Pennsylvania counties to connect Marcellus Shale natural gas from PA with the Williams’ Transco pipeline in southern Lancaster County. It is a much-needed pipeline to move more Marcellus gas south, to new markets. In the past MDN has asked you to sign letters going to the Federal Energy Regulatory Commission (FERC) and to the PA Dept. of Environmental Protection (DEP). And you, our dear readers, have been the most responsive audience to get behind the effort to support this project. Thank you! We’re coming to you again with a new request. 
The big news in the midstream world over the past year was the attempted merger/takeover of Williams by Energy Transfer Equity. That deal finally fell apart in June (see 

How do you deal with people who are bullies and refuse to compromise? Answer: You defeat them and don’t give an inch in doing so. Crestwood Equity Partners (used to be Crestwood Midstream) bought a project years ago called Finger Lakes LPG–a proposed liquefied petroleum gas (i.e. propane) storage facility along the shoreline of Seneca Lake in beautiful Upstate New York. Seneca is one of the Finger Lakes. The facility would be built in a former, now depleted, salt mining operation. Salt mining was far more dangerous for the environment than a proposed underground propane storage facility would ever be–but you didn’t hear a peep about the salt mining operation from nutty environmentalists at the time. We’ve endlessly covered the antics of people like Sandra Steingraber–a professional anti-fracking agitator paid and on the staff of Ithaca College (funded by the Park Foundation). Steingraber opposes the Finger Lakes LPG facility because she has a visceral (and irrational) hatred for all fossil fuels–even though her house is heated with them, the school she “works” at is heated with them, the vehicle she drives is powered by them, etc. ad nauseum. Steingraber and dozens of others have been arrested a number of times for blocking the entrance to the facility. In a bid to compromise and address the concerns of Steingraber and others, Crestwood has, in our opinion, made a mistake. On Monday Crestwood sent a letter to the completely dysfunctional NY Dept. of Environmental Conservation (DEC) offering to scale back the LPG storage project–removing rail and truck shipments in and out of the facility–one of the major objections by Steingraber and other ninny nannies opposing the project. So what does the anti group “Gas Free Seneca” say to Crestwood’s gracious offer to meet them more than half way? They figuratively spit in the face of Crestwood. They demand the facility never get built. That’s the actions of bullies and profoundly unreasonable (not able to be reasoned with) people. Which is why we say, they must be totally, utterly, and completely defeated…
The Federal Energy Regulatory Commission (FERC) has issued a favorable environmental assessment (EA) for three Spectra Energy projects: Access South, Adair Southwest and Lebanon Express. The three are part of an expansion of the Texas Eastern Transmission (Tetco) pipeline. The combined projects will transport an additional 662,000 dekatherms per day (or 662 million cubic feet) of Marcellus and Utica Shale gas from Pennsylvania to Ohio, Kentucky and Mississippi. This is great news indeed!…