Anti-Drilling/Fossil Fuel | Commodity Price | Electrical Generation | Industrywide Issues | Pipelines
New England to See Sky-High Electricity Bills Well into the 2030s
Here’s a fact that mainstream media largely ignores: Households in the Boston area pay about 50% more for electricity than households across the nation. On average, Massachusetts residents spend about $276 a month on electricity. That is 37% higher than the national average. An op-ed appearing in the Washington Examiner says New Englanders need to get used to these high prices. High prices for electricity are here to stay (for New England)–at least well into the 2030s. Why? Lack of pipelines, blocked by New England politicians.
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Here’s a scary reality: The U.S. federal government is the world’s single largest purchaser of goods and services. Federal contractors employ over one-fifth of the labor force in the U.S., and contribute billions of dollars to state economies. Knowing this, the Bidenistas are attempting to coopt the government’s purchasing power as a back-door way to implement Biden’s anti-fossil fuel agenda. The Bidenistas are pushing the Federal Acquisition Regulatory Council (FARC) to amend the Federal Acquisition Regulation (FAR) to require federal contractors to disclose their so-called greenhouse gas emissions (GHGs) and to set targets to reduce them. The Attorneys General of 22 states are pushing back–hard–against this blatantly illegal plan.
We have lamented, on many occasions, that New York State (our beloved home state) has simply gone to Hades. The state is now run by left-wing radicals. When you cross the border into NY, you are entering The Twilight Zone (a pun and nod to the talented Rod Serling, who was born and grew up in Binghamton, NY). Case in point: A radical member of the NY Senate, along with a member of the NY Assembly, have teamed up to introduce a truly frightening bill. Senate Bill S9612, introduced by the wacky Sen. Zellnor Myrie, a Brooklyn Democrat, would allow anyone to sue oil and gas companies claiming damage from mythical (and unproven) “climate change.”
The Biden EPA plans to allow private citizens to police oil wells and pipelines for methane leaks. Most of the time, that means Big Green groups will do the “policing.” And here’s how it will work: A radicalized group like the Sierra Club or Earthworks or NRDC or some other odious bad actor will set up equipment near oil and gas well sites or pipeline operations to report suspected “super emitter” leaks of at least 100 kilograms per hour. Once reported (likely a false report), the company involved would be required to perform a root-cause analysis within five days and take corrective actions within 10 days. All based on an accusation by an anti-fossil fueler. Methane snitches.
Please don’t tell us politicians like Massachusetts Gov. Maura Healey and U.S. Senator Elizbeth “Pocahontas” Warren give a fig about global warming and carbon emissions. Their actions, along with the actions of other Democrat politicians, have blocked new natural gas pipelines into New England that would supply low-emission fuel to generate electricity for the region. When it gets brutally cold, as it did Feb 3-5, New England turns to burning oil and (yes) coal in order to keep the lights on for residents. It happened in December, and it happened again in February. So much for caring about Mom Earth. The actions of New England politicians speak so much louder than their many lying words…
Did you happen to catch President Biden’s State of the Union show? We didn’t. We couldn’t hack watching a doddering old fool spout nonsense for more than an hour. But we did catch the highlights from the speech. One highlight, in particular, was really funny. Biden was bashing Big Oil for “record profits” (he’s such a fool), and then, much to the horror of his handlers, Biden went off script and said that “We’re going to need oil for at least another decade.” The entire chamber erupted in laughter at such an asinine statement, which caught the old fool off guard, so he quickly added, “…and beyond that.”
Sigh. The Bidenistas are at it again–targeting the fossil fuel industry for extinction. The latest attempt came on January 9th when the Council on Environmental Quality (CEQ), which serves as the White House’s environmental policy arm, issued “interim guidance” to assist federal agencies in analyzing so-called greenhouse gas (GHG) and climate change effects of their proposed actions under the National Environmental Policy Act (NEPA). One of the agencies affected by this guidance is the Federal Energy Regulatory Commission (FERC). However, FERC is an independent agency and does not necessarily march to the White House drummer. The question is, how much will the new CEQ guidance affect FERC’s policies as the agency evaluates oil and gas pipelines?
For almost a year, we’ve sounded the alarm about a coming change at the Securities and Exchange Commission (SEC) that will force publicly traded companies to disclose mythical greenhouse gas emissions data (see 
In early January, MDN told you that the Bidenista who heads up the Consumer Product Safety Commission (CPSC) floated a trial balloon to ban the use of natural gas stoves across the entire country (see 
A false and misleading story by the Associated Press spins all sorts of excuses for why the Bidenistas at the federal Environmental Protection Agency (EPA) will not be able to do its job in tracking and enforcing reductions in fugitive methane. Donald Trump is one of the reasons, even though he’s been out of office for more than two years. According to the lying “reporters” of the AP, Trump “gutted” the EPA, and the agency doesn’t have enough help (wah wah wah). There aren’t enough satellites, either. And not enough drone technology. Not enough of this and not enough of that–even with the gazillions of dollars allocated to the agency. The truth that shines through the article is this: The Democrats, including Traitor Joe Manchin, passed a new law last year (the Inflation Reduction Act) that sets standards to reduce fugitive methane–and they have no practical way to know if those standards are being met. Isn’t that typical of the left?
Leftist top-down bureaucracies never work. NEVER. Socialism never works. Communism never works (at least in the long term). They all spring from the same poisoned root–arrogant elitists believe they know better than you how to run your life. They extinguish freedom. Example: The Bidenistas want to make decisions for you about which forms of energy you can and can’t use. They dream about a future where dirty, filthy fossil energy is no more. And they allocate trillions of dollars to make it happen. Then what happens? These egg-headed toads sit around and talk about it–and NEVER distribute the money! They hold endless Zoom calls. They require grant forms filled out in triplicate. And then, no money gets distributed. Welcome to Bidentopia.
We love West Virginia. The state continues to fight the good fight against those who insist on trying to defund fossil energy companies. WV’s latest target is the two proxy advisory services, Glass Lewis and International Shareholder Services (ISS), that control some 90% of all corporate proxy voting in the U.S. WV is advancing a new bill, at the prompting of State Treasurer Riley Moore, that the state (including its massive pension fund) will not do business with proxy services that use ESG (environment, social, governance) as a litmus test for how to invest. States like WV (and Florida, and Texas) are changing the game–having an impact.