Biden Continues to Pressure Big Banks to Deny Funding for O&G
While some Biden officials are bashing the U.S. domestic oil and natural gas industry, blaming them for not drilling more to ease prices, other Biden officials, like the haughty John Kerry, continue to pressure Big Banks to deny funding for oil and gas companies, which prevents them from doing more drilling. Does anyone else see the hypocrisy and contradictions in the actions of the dysfunctional Biden administration?
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Hey men (and those who “identify” as men), when was the last time you checked your sperm count? Quick! Check it asap! A new study says a substantial drop in sperm counts and fertility rates over the past 50 years “could be” linked to pollution from the (gasp) burning of fossil fuels. That’s right. Burn those nasty fossil fuels and what do you get? Low sperm counts. So says…The Onion? Comedy Central? Jerry Seinfeld? Nope. So says a “study” published in the journal Nature.
On Monday MDN told you about a so-called civil rights “leader”–Rev. William Barber II–who “preached” to a crowd of fellow lefties last Saturday, delivering a “sermon” aimed at pressuring the Virginia State Water Control Board to vote against issuing a permit for the Mountain Valley Pipeline (MVP) to cross creeks and swamps in the Old Dominion (see
TC Energy Corp., the former TransCanada, held its annual investor day on Dec. 1. TC owns extensive liquids and natural gas pipelines across North America, including the Columbia Gas Transmission interstate pipeline network that blankets Pennsylvania, Ohio, and West Virginia. If anyone has its ear to the ground and watching for/discerning longer-term trends, it is big pipeline companies like TC Energy. During the investor day update, one of TC’s executives, Tracy Robinson, said she expects natural gas demand in North America to grow 25% by 2030. That’s a remarkable amount of growth!
The electrical system that powers the United States is made up of individual power grids that connect with each other. Different regions have their own “grid of grids” (called a regional transmission organization, or RTO) that operates to manage the flow of electricity across the entire grid to ensure reliability. In New England, the grid operator/RTO is ISO New England (ISO standing for Independent System Operator). Gordon van Welie, CEO of ISO New England, recently had some startling and stark words about the reliability for New England’s electric grid: Get ready for rolling blackouts.
Two weeks ago MDN told you that New York City is actively considering a ban on new customers from hooking up for natural gas delivery throughout the city, and that Consolidated Edison, one of the biggest utilities that flows gas in NYC, is shockingly promoting the ban (see
According to Robert Bradley, Jr. from the Institute for Energy Research (IER), the Biden Administration’s Build Back Better (BBB) plan is at odds with affordable, reliable energy. The so-called “largest effort to combat climate change in American history” is a bribe-and-bully program to systemically substitute inferior energies for consumer-chosen, taxpayer-neutral ones. The Biden plan is an assault on the free market system and doomed to abject failure.

A long-fought-over wastewater injection well in Plum Boro (Allegheny County, Pittsburgh suburb) finally opened for business earlier this year, having overcome all sorts of smears and slanders and lawsuits by the enviro-left (see
Nuverra Environmental Solutions (formerly Heckmann) is one of the largest companies in the United States that handles the transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling. The company has major operations in the Marcellus/Utica region. Because of the company’s major operations in the M-U, we keep track of its performance. Quarter after quarter after quarter, for well over a year, the company has lost money (
S&P Global Platts and its analytics division is a powerhouse provider of information, analysis, and benchmark prices for the commodities and energy markets. We often bring you their insights. Yesterday Platts Analytics released their 2022 energy outlook. Next year, Platts Analytics expects supply will catch up and exceed demand. Let that sink in. In 2022 we will see an increase in LNG exports, a rebound in U.S. shale oil, shale gas, and shale NGLs production–and the return of investment in non-OPEC production. You can guess what all that means for prices…
In August of this year, co-CEO of Energy Transfer, Tom Long, said “the final phase of the Mariner East Pipeline is expected to be completed in the fourth quarter of 2021” (see 
Far-left Democrat and so-called civil rights “leader” Rev. William Barber II “preached” to a crowd of fellow lefties on Saturday. The topic of the reverend’s sermon? The evil, racist Mountain Valley Pipeline (MVP). We bet you didn’t know that MVP is “an abusive sin,” did you? Yeah, it’s right there in Revelation. That’s what Rev. Barber told his audience. That evil ole’ snaking pipeline will “harm the poor” and people of color. The rally was arranged ahead of this week’s Virginia State Water Control Board vote (on Tuesday) to allow MVP to cross minor creeks and swamps in the state.