Dem Senators Demand EPA Release $20B “Gold Bars” for Cronies
The Democrat Party keeps digging their hole deeper and deeper. How defending corruption and graft and political payoffs will help their cause is a mystery for us. Our diagnosis is the party has had a collective psychotic break with reality. Two months ago, a video circulated on social media featuring a Biden EPA political appointee talking about “tossing gold bars off the Titanic,” intentionally rushing to get billions of tax dollars recklessly out of the agency before Inauguration Day. The EPA’s new sheriff, Lee Zeldin, located $20 billion of those gold bars sitting at a Citibank bank account (see EPA Discovers Illegal $20 Billion Transfer from Biden’s Final Days). The money was meant to fund radical anti-Trump efforts related to the environment. Zeldin is demanding the money be returned pronto. And now, the Democrat groups that were going to receive that money are crying poverty, they’re about to go under. Boo hoo. Democrat Senators are demanding Zeldin stop his efforts to “claw back” that money. Keep on diggin’ that hole. Read More “Dem Senators Demand EPA Release $20B “Gold Bars” for Cronies”
The Reuters news agency, based in the U.K., is typically objective in its news coverage. It tilts to the left a bit, depending on the reporter. But overall we tend to trust most of its coverage. It’s certainly better than Bloomberg by a mile. However, when we saw the opening line of a Reuters article titled “Climate policy requires a more realistic approach,” we were blown away by its brutal honesty. Here’s the very first two sentences of the article: “The pursuit of net zero carbon emissions has been a resounding failure. Despite trillions of dollars spent on renewable energy, hydrocarbons still account for over 80% of the world’s primary energy and a similar share of recent increases in energy consumption, according to The Energy Institute.” Wow! 
Earlier this month U.S. District Judge Robert D. Mariani dismissed the Wayne Land and Mineral Group (WLMG) v. Delaware River Basin Commission (DRBC) lawsuit that argued the DRBC had “taken” the property rights of landowners in eastern Pennsylvania, robbing them of their right to allow shale drilling on and under their land. It’s a sad and bitter end for landowners in PA’s Wayne and Pike counties where there is bountiful Marcellus shale waiting to be extracted. 
Two weeks ago, MDN brought you the exciting news that President Trump pledged to get the long-dead Pennsylvania Marcellus to New York State Constitution Pipeline built (see 
After the shocking news in 2022 that then-U.S. Senator Joe Manchin (from West Virginia) had sold out his state and the entire country by agreeing to support the misnamed Inflation Reduction Act (IRA) bill, the details began to come out about just how bad the bill (now law) really is for the oil and gas industry. First and foremost, it slapped a new methane tax on oil and gas activities (see 
Wow! What a difference 10 years and the election of Donald J. Trump can make. In May 2015, MDN reported that HSBC Bank (otherwise known as The Hongkong and Shanghai Banking Corporation) circulated a note to investors telling them they should divest from fossil fuel companies. HSBC said if they didn’t divest from fossil energy, they “may one day be seen to be late movers, on ‘the wrong side of history’”. We told you then that fossil fuel supporters should consider divesting from HSBC (see 
Here’s a company we’ve not written about since 2021: IOG Capital and its subsidiary IOG Resources. Back in 2015 we first told you that IOG Capital had cut a deal with Seneca Resources to fund Seneca’s Marcellus drilling program in Elk, McKean and Cameron counties in northcentral Pennsylvania (see 
You know we delight in connecting the dots that others often miss. We spotted big news in the quarterly update for DT Midstream (DTM), headquartered in Detroit, which owns major assets in the Marcellus/Utica region and other regions like the Haynesville. Earlier this year the company closed on the purchase of three pipeline systems, two of which flow Marcellus/Utica molecules (see 
As we reported two days ago, Pennsylvania Gov. Josh Shapiro, acting like a junkie cut off from his drugs, finally got the Trump administration to restart the flow of drugs (i.e., money) that had been paused to give Elon Musk’s DOGErs a chance to ensure the payments are legit (see 
We explored an important issue last September—the ballooning cost of plugging orphaned oil and gas wells in Pennsylvania (see 
The Pennsylvania Senate Appropriations Committee held a budget hearing yesterday in Harrisburg. The Department of Environmental Protection’s Acting Secretary Jessica Shirley was on the hot seat. Although many topics were discussed, Senators were most interested in speeding permit reviews, Governor Shapiro’s Lightning Energy Plan, and the Regional Greenhouse Gas Initiative (RGGI) carbon tax Shapiro insists on inflicting on the state. A key topic that caught our attention was a call for Shirley to fire “intractable” DEP employees. The discussion echoed DOGE (the Department of Government Efficiency headed by Elon Musk). 
U.S. power generators plan to retire about 8.1 gigawatts (GW) of coal-fired power generation capacity this year, roughly double the amount that was retired in 2024, the Energy Information Administration said on Tuesday. In addition, power generators plan to retire 2.6 GW of U.S. natural gas capacity, representing 0.5% of the natural gas fleet in operation at the end of 2024. The natural gas plants are older (less efficient) simple-cycle plants. 
The U.S. Securities and Exchange Commission (SEC), corrupted by the Bidenistas, voted 3-2 (three Democrats vs. two Republicans) in March 2024 to issue a final regulation that will force all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face (see