Boston LNG Import Terminal is Poster Child for Bad U.S. Policies
Over the years, we’ve written many posts about the Everett LNG import terminal near Boston (see our stories here). Everett LNG plays a key role in keeping the lights on and the furnaces belching heat throughout New England (see Everett LNG’s Key Role in Keeping the Lights on in New England). The Everett terminal has 3.4 Bcf of LNG storage capacity and plays a crucial role in stabilizing gas supplies in New England. Everett can supply up to 35% of regional gas demand on peak winter days — and is typically used to fill supply gaps during high-demand periods or when regional gas systems are under significant stress. Everett is also a poster child for what’s wrong with American energy policy. Read More “Boston LNG Import Terminal is Poster Child for Bad U.S. Policies”

Oh yeah, Kamala “The Cackler” Harris is all in favor of fracking and natural gas and even oil. Right? Then why the heck did her campaign just hire Camila Thorndike, a self-styled “climate hype girl for democracy” who worked for two years at Rewiring America, the organization pushing a nationwide ban on natural gas stoves, as the campaign’s point person on climate outreach? These are the questions mainstream media should be asking, but mainstream media has become the de facto PR agency for the Democrat Party. You are being lied to every day about Harris and her true intentions. 
In March of this year, MDN brought the news that the Federal Energy Regulatory Commission (FERC) had approved an Enbridge project to update its East Tennessee Natural Gas (ETNG) pipeline system (see 
Shell is putting numbers to the gross transgression of Venture Global in screwing over its contracted customers for LNG shipments. Venture Global’s Calcasieu Pass LNG export facility received Federal Energy Regulatory Commission (FERC) authorization to place the final three liquefaction blocks (7-9) into service in November 2023 (see
Yesterday, MDN told you that if The Cackler (Kamala Harris) can turn on a dime and supposedly embrace fracking, why can’t leftist New York Governor Kathy Hochul do the same (see
The CEO of midstream giant Williams, Alan Armstrong, spoke at the Barclays CEO Energy-Power Conference yesterday. He gave conference attendees an update on the many (many!) projects Williams has recently completed, is currently completing, and is likely to complete in the future. The company is on track, said Armstrong, to add 12 new pipeline projects representing about 4.2 billion cubic feet per day (Bcf/d) of capacity from 2024-2027. Looking further out, the company said it has about 30 projects under development, representing about 11.5 Bcf/d of capacity from 2028-2032. That’s a staggering 15.7 Bcf/d of new capacity coming online from this one company. How much of it is in the Marcellus/Utica?
In 2019, when then-Pennsylvania Gov. Tom Wolf announced he would unilaterally force the state to join the Regional Greenhouse Gas Initiative (RGGI), a carbon tax scheme aimed at forcing coal- and gas-fired plants out of business, he claimed the tax would only amount to a few dollars per allowance (or “short ton”) of CO2 (see
MiQ is one of two major gas certification authorities that certify low methane emissions and is used by nearly every Marcellus/Utica driller. Last October, MDN brought you information about the two major gas certification authorities, MiQ and Project Canary, and the effort by drillers to get their gas officially certified as responsibly sourced (see
There’s just no way to sugarcoat the fact that the low low price for natural gas is having an impact on shale drillers in the Marcellus/Utica. According to an analyst with RBN Energy, a price plunge to near the $2/MMBtu level in early 2023 “crippled” financial results for the companies RBN monitors that are gas-focused (namely M-U companies). However, most producers on the RBN list have remained in the black through spending less and cutting back on production. Down but far from out. How did the major M-U companies that are publicly traded perform in 2Q24? We have the numbers below.
As you know, the Biden-Harris administration has been a big promoter of hydrogen energy, even though (a) it’s expensive to produce and (b) there are no customers (currently) who want more supplies of it. Because hydrogen is “clean” energy, the left is pushing it as energy nirvana. (Most leftists alive today don’t know what the
The State of Maine has a completely unrealistic climate goal of using 80% renewable energy generation by 2030. It 100% won’t happen. But state officials continue to fart around pretending they will hit that goal. Meanwhile, back in the real world, natural gas remains THE key energy source for the state, generating more than half of New England’s (and Maine’s) power. Three interstate pipelines flow natural gas molecules to the state: Maritimes & Northeast Pipeline, Algonquin Gas Transmission, and Granite State Gas Transmission. All three are requesting a rate increase. Two of the three, Maritimes and Algonquin, are owned by Enbridge and have requested a rate increase of 30-50%. Ouch.
We spotted an opinion piece in the New York Post with the provocative title, “With Kamala Harris now in favor, Hochul should let upstate NY frack, baby, frack.” It’s part tongue-in-cheek and part serious. If The Cackler can turn on a dime and supposedly embrace fracking, why can’t leftist Kathy Hochul? (Of course, Harris hasn’t really changed her position on fracking. But play along just for kicks…) The Post column outlines the economic devastation that has hit Upstate NY (where MDN is located) and how a simple change in policy to allow fracking would ignite the Upstate economy. The author is right. If Hochul *really* cared about Upstate and seeing it prosper, she would work to allow shale fracking.
In 2015, a group of nearly 60 landowners in northeastern Pennsylvania who had leased their land for fracking filed a lawsuit against Chesapeake Energy, Anadarko, Statoil (now Equinor), Mitsui E&P, and Access Midstream (later bought by Williams), alleging the companies had improperly deducted post-production costs (e.g., gas gathering and transportation expenses) from royalties owed to the landowners in breach of their respective leases. The lawsuit also alleged collusion and conspiracy to defraud the landowners. The lawsuit was on hold for many years while other lawsuits played out. Earlier this year, a federal court in Scranton unpaused this lawsuit, and yesterday, the judge ruled, tossing out the landowners’ claims.
What’s your price, Pennsylvania oil and gas industry? Are you willing to sell yourselves to the Democrats for $152 million (revised down to $114 million) in bribes? How about if Biden-Harris sweetens the pot and rushes a check for $76 million to the state, as they did yesterday? Can you not see through this sleazy attempt to unduly influence the election? In August, Biden-Harris promised (but hasn’t yet delivered a dime of) up to $152 million in “Phase 2” federal money, i.e., your taxpayer dollars, to help plug old conventional oil and gas wells in the Keystone State (see