Manchin Holds Hearing on Permitting Reform for Energy Projects
Last week, U.S. Senator Joe Manchin (liberal Democrat from West Virginia) hopped up on his high horse and held a hearing of the Senate committee he chairs, the Senate Energy and Natural Resources Committee, to discuss the next steps for so-called permitting reform. It takes years to build a new pipeline, and sometimes decades to build a new electric power line. Solar and wind and hydro projects are as susceptible to long delays as fossil energy projects. Manchin (many people in the D.C. swamp) want to “fix” that problem.
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In an act of Supreme justice, the Chief Justice of the U.S. Supreme Court, John Roberts, issued an order yesterday overturning the stays imposed by the U.S. Court of Appeals for the Fourth Circuit (4th Circuit) that were blocking the completion of the 94% done Mountain Valley Pipeline (MVP). Let the bulldozers start their engines! We expect work to resume immediately (today) to finish this critical link from the Marcellus/Utica to the Southeastern U.S. The best part is that the decision was announced as the three radicalized leftist judges of the 4th Circuit were hearing arguments that a portion of the Fiscal Responsibility Act (FRA) of 2023 forcing the completion of MVP is unconstitutional. Roberts’ order effectively shut down any further shenanigans by these three clowns.
TC Energy, formerly TransCanada Corporation, has been in the news all week. Tuesday morning, a portion of the Columbia Gas Transmission pipeline (owned by TC Energy) in rural western Virginia exploded and caught fire (see
Yesterday MDN brought you jammed-packed news about EQT Corporation, the country’s largest natural gas driller and producer, from the company’s second quarter update (see
Increasingly ours is a world run by computers. Even in-the-ground pipelines are monitored and controlled by computers. The ransomware attack against Colonial Pipeline in 2021, a pipeline that flows a significant amount of refined products (gasoline and diesel fuel) from the Gulf Coast, where it’s refined, as far north as New Jersey, was a wake-up call for all pipelines. The Transportation Security Administration (TSA) heard the call and responded. In July 2021, the TSA issued an initial “security directive” requiring pipelines, including natural gas pipelines, to do certain things to protect themselves and the public they serve (see
The Bidenistas on Wednesday held a summit at The White House aimed at addressing the “planet-warming gas methane” and launched a new Cabinet-level task force (that we have dubbed the Climate Gestapo) dedicated to the issue. The bash-fossil energy confab curiously did not include ANY representatives from the sector that supposedly is causing all the trouble–oil and gas–which points out this wasn’t an actual effort to address the fugitive methane issue but instead was a political ploy aimed at fundraising for the Democrat Party.
EQT Corporation, the largest natural gas producer in the United States, issued its second quarter 2023 update yesterday. There was loads of news. The company reported a new world record of drilling 18,200 feet in 48 hours for a single well in Green County, PA. Also of note, CEO Toby Rice and newly appointed CFO Jeremy Knop said a long-delayed purchase of Tug Hill Operating (major new acreage for EQT in West Virginia) would be concluded within the next 30 days. Very exciting news! But it wasn’t all peaches and cream. Reading through the reports, you will discover that EQT produced 471 Bcfe in 2Q23 (an average of 5.18 Bcfe/d) versus producing 502 Bcfe in 2Q22 (an average of 5.52 Bcfe/d)–down 6% year over year. The company lost $67 million in 2Q23 versus making a profit of $891 million in 2Q22, a swing of $958 million (nearly one billion dollars). Why?
The problem with the pay-for-protection scam is that it never stops. A mobster comes calling on a business, and for a “small” and regular fee, the mobster will guarantee nothing “happens” to the business. “Just think of it as insurance.” It’s a shakedown–a scam. And over the years, the price keeps going up. What if the mobster is a government agency, like the Pennsylvania Dept. of Environmental Protection (DEP)? The DEP keeps shaking down Energy Transfer and its Sunoco Pipeline subsidiary over the construction and operation of the Mariner East 2 (ME2) pipeline. Over the years, the DEP has fined ET/Sunoco over $30 MILLION for so-called penalties related to building ME2. [



Douglas is a small town in southern Worcester County, Massachusetts. The population was 8,983 at the 2020 census. It includes the sizable Douglas State Forest, managed by the Department of Conservation and Recreation (DCR), and not much else. Douglas desperately needs new businesses to move in to help with the tax base, but with no natural gas service, businesses were not interested. So Douglas officials contacted Eversource, one of the state’s largest utility companies, about the possibility of running natural gas lines into and through Douglas. And they’ve done it–behind the backs of radicalized anti-fossil fuelers, who are livid.
Liberal Democrats never give up on their poor ideas–even when they are rejected year after year. In 2021, the Dems who controlled the U.S. House of Representatives with an iron fist under der Führer Pelosi introduced five bills, including the FRAC Act, aimed at destroying the oil and gas industry in this country (see
The Bidenistas noticed that shale companies are beginning to use various private NGOs to certify the production of natural gas as responsible. The effort is picking up steam, and the Bidenistas don’t like the fact they are not in control. They can’t call the shots and determine what is and is not “green enough” for them. So in March, the Bidenistas began “holding talks” to try and establish a national/international standard (see