Joe Manchin Gets Republican Challengers for WV Senate Seat
As we pointed out about a month ago, following his sellout of the country by voting for Joe Biden’s so-called Inflation Reduction Act (a new name for the Build Back Better/New Green Deal), U.S. Senator Joe Manchin’s popularity in his home state of West Virginia sank into the sewer (see WV Sen. Joe Manchin 3rd Most Unpopular U.S. Senator in the Country). A majority of WV voters are not happy with the job Manchin is doing, and if the election for Manchin were held today, he would lose to any Republican running against him. As we said a month ago, “Joe Manchin’s political career is over–deservedly so.” Manchin now has an announced Republican opponent for his seat in the 2024 election, along with a possible second high-profile opponent.
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So much for the “peak gas” theorists out there who predict we’ve finally hit the top of natural gas usage in this country. It isn’t happening. The U.S. Energy Information Administration says, after analyzing its mountains of data, that the U.S. *increased* its usage of natural gas for all purposes, including exports, by 3.6% last year. We’re abundantly certain this year will show a similar increase.
It seems Africans have had about enough of the self-righteous preaching from the likes of radical leftist groups like Extinction Rebellion, a group that wants to deny African countries the right to extract and use their own abundant fossil energy supplies (in particular, natural gas). The African Energy Chamber (AEC), along with the president of the African Development Bank, pushed back against the “colonizers” who want to deny Africa the right to use its own resources. The right of African countries to extract and use natural gas has become a flashpoint issue at the UN’s 2022 Climate Change Conference (COP 27), which is happening right now in Egypt.
John Deskins, director of the Bureau of Business & Economic Research at West Virginia University, told members of the state legislature’s Joint Committee on Natural Gas Development at a meeting on Monday that the severance tax on natural gas production in the state is responsible for more than 20% of the state’s record-breaking tax revenue surpluses. Natural gas severance tax collections between July and October accounted for approximately 20% of the $575 million in total general revenue fund surplus tax revenue during that time period.
The Freeport LNG export facility, located in Quintana Island, Texas (near Houston), experienced an explosion and fire in early June (see 
The Bidenistas waited until the UN’s 2022 Climate Change Conference, called COP 27, was up and running (in Egypt) before *going to Egypt* to announce their latest attack on the oil and natural gas industry. At COP27 in Sharm el Sheikh, Egypt, the U.S. Environmental Protection Agency (EPA) announced it is “strengthening its proposed standards to cut methane and other harmful air pollution” in the oil and gas industry. In other words, yet another massive power grab in attempting to regulate oil and gas at the federal level, instead allowing O&G to be regulated at the Constitutionally-designated state level.
Last year the Bidenistas initiated a massive power grab to transfer the right of individual states to regulate local natural gas gathering pipelines to the federal government (see 
The left, and many on the right, are banking on hydrogen to be the next BIG THING in energy. Hydrogen fuel cell cars and burning hydrogen to heat your home are just two huge applications people dream will come true in the next 20 years. Of course, they’ve been dreaming about hydrogen for more than 50 years, but the history of hydrogen is for another post. We pay attention to hydrogen because 95% of all hydrogen today is produced by steam cracking natural gas. Ergo, hydrogen has the potential to be a big, important, new customer for our molecules. Everyone and his brother is making predictions about the market for hydrogen over the next 30 years. Norwegian company DNV has its own prediction, the “Hydrogen Forecast to 2050.”
Yeah, well, that didn’t take long, did it? Pennsylvania Governor-elect Josh Shapiro, just a few days after he won the election, has vowed to further restrict fracking with huge new setback regulations. He’s also promising new regulations for gathering pipelines. In other words, he’s about to screw over the Marcellus industry and pretty much stop new drilling in the state. Still glad you voted for Shapiro?
Several lawsuits have been filed against the Pennsylvania Gov. Tom Wolf administration in its attempt to force the state to join the Regional Greenhouse Gas Initiative (RGGI) carbon tax program, including a lawsuit by the state legislature. In July, three gas-fired power plant operators–Calpine Corporation, Tenaska Westmoreland Management, and Fairless Energy–filed a lawsuit against the state Dept. of Environmental Protection (DEP) and its Environmental Quality Board (EQB) opposing its attempt (under orders from Wolf) to force the state into RGGI carbon tax auctions. That lawsuit has some rather illuminating charges–like the claim that moving to RGGI will result in HIGHER, not lower, emissions from power plants.
On Friday, MDN told you that the state of Pennsylvania has decided to endorse a private industry application (by Shell and Equinor) instead of doing the hard work of submitting its own official application to attract a $1 billion hydrogen hub (see 
Abarta Energy (aka Abarta Oil & Gas Co.) was a privately-owned company based in Pittsburgh with assets including wells and pipeline systems located in Pennsylvania, West Virginia, and Kentucky. In November 2021, Abarta filed for Chapter 11 bankruptcy, reporting liabilities of $25.4 million and assets of $4.2 million (see 
An interesting episode on Friday illustrates the power of social media and fake news. The NYMEX natural gas futures price for the “front month” December contract plunged as much as 7.4% on Friday morning after someone identifying themselves as a commodities trader posted on Twitter that “cracked pipes” were discovered at the Freeport LNG terminal, potentially delaying the company’s plans to restart exports. Interest in the tweet took off after being shared by another Twitter user that is widely followed by gas traders and analysts.