Speakers at WPC: Dumping Fossil Fuels Means Subjugation to China
Speakers on a panel at the recent 23rd World Petroleum Congress, held in Houston, TX, made a strong case for natural gas as the only legitimate “green” alternative to power the world. At least for the next couple of decades. The panel was called “Can Natural Gas, Including LNG, Deliver on the Promise of a Clean & Affordable Transition Fuel?” Charif Souki, Chairman of Tellurian and founder of Cheniere Energy, along with Jim Teague, Chief Executive of Enterprise Products Partners, made some great points. Souki asked the question, why in the world would we “trade” dealing with OPEC for dealing with (subjugation to) China?
Read More “Speakers at WPC: Dumping Fossil Fuels Means Subjugation to China”
An issue we’ve written about over the years is the problem of some (certainly not all) so-called climate activists (those who believe in man-made global warming) tipping over from being boisterous and loud and making silly asses of themselves into something more: becoming violent. Thankfully such violent/terroristic episodes have been few and far between. But something is changing. Some leaders of the modern environmental left are beginning to advocate for violence–like blowing up pipelines. They justify their calls for terrorism as somehow heroic or necessary to save the planet.
Project Canary, a program that certifies natural gas drillers and pipeline companies as producing responsibly sourced gas (RSG), continues to make big inroads in the Marcellus/Utica. Earlier this week MDN told you that Olympus Energy will use Project Canary to certify both its drilling and (believed to be a first in the country) its gathering pipeline system (see 
Even though U.S. LNG exports help the U.S. by providing more jobs and economic prosperity, and even though U.S. LNG exports help the world by providing a green alternative to coal and other forms of environmentally destructive fuels, some Democrats continue to bash away at natural gas and are actively trying to kill the industry in our country. Legislation introduced Dec. 7 by Representative Jan Schakowsky (Democrat-Illinois), and Nanette Diaz Barragán (Democrat-California), would bar the Federal Energy Regulatory Commission (FERC) from approving new LNG terminals.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity, and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. Oil and gas investment will need to return to pre-COVID levels and stay there through 2030 to restore market balance, the report states. If more investment doesn’t happen quickly, the world will experience more price gyrations and it will lead to “adverse economic consequences,” such as wider energy poverty, more frequent scarcity, and fuel switching to more polluting energy sources such as wood and coal.
Hart Energy’s DUG (Developing Unconventional Gas) East event was held this week in Pittsburgh, wrapping up this morning. Unfortunately, MDN could not attend the event this year. Some major news is coming from the event. One of the headline speakers from yesterday was CNX Resources CEO Nick DeIuliis who said he thinks it’s high time to seriously look at revising the now-ten-year-old impact fee that drillers pay (PA’s equivalent of a severance tax), a fee created as part of the Act 13 law. What would Nick change about the impact fee/tax?
Yesterday MDN brought you the news that the Pennsylvania Dept. of Environmental Protection (DEP) along with the state Dept. of Conservation and Natural Resources (DCNR) jointly fined Energy Transfer’s Mariner East 2 (ME2) pipeline project $4 million and is requiring it to perform another $4+ million worth of work at Marsh Creek Lake where construction last year caused an accidental spill of 8,000 gallons of nontoxic drilling mud (see 
Back in October Pennsylvania Attorney General Josh Shapiro, who is running for the Democrat nomination for governor in 2022, told trade union workers he didn’t like current Democrat Gov. Tom Wolf’s plan to join the Regional Greenhouse Gas Initiative (RGGI), a huge tax on carbon dioxide assessed on coal and gas-fired power plants (see 
While drilling in Chester County in August 2020 in the Marsh Creek State Park area, Energy Transfer’s (ET) Mariner East 2X pipeline experienced an “inadvertent return”–nontoxic drilling mud coming up out of the ground where it’s not supposed to (see 
The Pennsylvania Department of Environmental Protection (DEP), lapdog of leftwing Gov. Tom Wolf, tried to bypass the state legislature and secretly push through and get adopted a proposed regulation on the state joining the highly controversial Regional Greenhouse Gas Initiative (RGGI), a multi-state compact to limit carbon emissions from power plant operators (a carbon tax). The DEP just got caught red-handed.