Bradford County Official Blames Biden for Paused Wyalusing LNG Plant
We’ve written about Doug McLinko, Commissioner for Bradford County, PA, a number of times. McLinko has been a strong supporter of the shale industry for years. In a recent interview with a local newspaper, McLinko and fellow Commissioner Daryl Miller took national leaders to task, including President Biden, for their pursuit of foreign energy sources over domestic sources. In particular, McLinko believes rail and pipelines could be an effective countermeasure to move our energy around, guarding against wild price gyrations.
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For years MDN and others have warned of coming shortages for natural gas in New England, including the State of Maine. We told you that natgas and electricity prices will go through the roof due to lack of new pipelines (almost all electricity produced in New England is from gas-fired power plants). Yet New England and Maine have steadfastly refused to allow new gas pipelines to get built. So we don’t feel all that bad for Maine residents who have seen their electricity prices double and even triple since January of this year.
Earlier this week the Deputy Chief Administrative Law Judge of the Pennsylvania Public Utility Commission (PUC) issued a ruling against the now completed Mariner East 2 pipeline project, assessing a $51,000 fine on the project. Which is relatively minor considering the project has already been fined by the PA Dept. of Environmental Protection (DEP) more than $20 million. This latest parting shot at the now-done NGL pipeline project levied for being too loud and not doing enough to communicate with residents in an apartment complex near where the pipeline was doing construction work in Delaware County.
In June 2017, MDN brought you the news that the very first application to drill a shale well in Illinois had been made (see
Yesterday MDN brought you news of a bold new plan by EQT CEO Toby Rice to “unleash” American LNG exports to not only help our friends in Europe, but also to reduce the amount of coal use across the world, thereby lowering coal-related emissions including carbon dioxide (see
All this week has been CERAWeek in Houston, Texas, the annual conference where heavyweights in the energy industry, particularly oil and natural gas, meet to hear the captains of industry (and key government officials) deliver speeches, and, more importantly, to chat on the sidelines. S&P is reporting that speaker after speaker at CERAWeek says that while customers want so-called net-zero carbon energy from oil and gas, when it comes to producing electricity with net-zero carbon sources, there is no “silver bullet.” The best option for the foreseeable future is to use natural gas to generate electricity–so says the experts.
We’ve been tracking a bill in West Virginia that will finally, after more than eight years of trying, bring forced pooling to the Mountain State for Marcellus/Utica shale wells. Senate Bill (SB) 694 sailed through the WV Senate in record time and earlier this week hit the WV House. Yesterday the full House voted to approve SB 694 with some tweaks, sending it back to the Senate. Last night the Senate approved the House changes and the bill is now officially passed and on its way to the desk of Gov. Jim Justice for his signature. Will he sign it?
You have to hand it to the Rice boys, they sure know how to make an entrance and grab the spotlight. While attending the annual CERAWeek event in Houston yesterday, EQT CEO Toby Rice unveiled a plan to “unleash” American LNG, supplying Europe and the world with our LNG, which would displace coal, lower carbon dioxide emissions planetwide, and wean the world off the energy produced by despots like Russia and Iran. It is a bold plan with specifics.
On the same day that EQT CEO Toby Rice released his plan to “unleash” American LNG (see today’s companion story), the U.S. Energy Information Administration (EIA) published a post that talks about LNG production from a decidedly “leashed” perspective. While Rice envisions new pipelines, rigs, and export facilities that will handle a huge increase in Marcellus/Utica drilling, the EIA’s vision is status quo–constrained pipelines from the M-U region.
Spanish-owed Repsol owns 214,000 net acres of leases in the Marcellus Shale, primarily located in northeastern Pennsylvania in Bradford, Susquehanna, and Tioga counties. Part of Repsol’s acreage number includes 43,000 acres recently purchased from Rockdale Marcellus (see
The West Virginia State Legislature passed House Bill (HB) 2581 on the last day of the annual WV legislative session in April 2021. HB 2581 required the State Tax Commissioner to develop a revised methodology to value oil and natural gas properties for the purposes of assessing property taxes. The State Tax Department submitted an emergency rule last summer that was, quite frankly, a mess. The rule created a complex system that is currently mired in controversy with both drillers and landowners confused about how much of a tax bill they will owe this year. There were two competing bills in this year’s session to correct the cockup from last year. Only one of them has survived and is close to passing.
As we write about today in a couple of different posts, EQT CEO Toby Rice has a bold vision to “unleash American LNG” to, in part, supply American natural gas to our friends in Europe. Rice’s plan is not an overnight plan, but it can work and it can reduce the amount of carbon dioxide emissions floating in Mom Earth’s atmosphere (if you care about such things, we personally do not). There are currently 14 (!) LNG export facilities approved by the U.S. that could be built and come online in the next year or two. That’s enough new plants to double our current LNG exports. Why haven’t the backhoes begun to dig on any of these projects? Two roadblocks.
While it may be unseemly to discuss this, U.S. LNG exports are booming because of Russia’s invasion of Ukraine. Putin is threatening to withhold natural gas flows into Europe and Europe is scrambling to try and find new sources, including imports of American LNG. The biggest winners (so far) are U.S. LNG natural gas producers and the export facilities that liquefy and ship the gas. And don’t forget the LNG container ships too. Everyone is making a LOT more money right now on LNG exports. A Reuters article says the U.S. has recorded record export volumes (and profits) over the past three months.
New York’s newest governor, Kathy Hochul, is following in the footsteps of her former boss, Andrew Cuomo, by pledging to block natural gas hookups for all new construction across New York State. It’s insane. Such a ban will cause even more people to leave the state (they’re already leaving in droves). And yet she and the leftist Democrats pulling her strings persist in this path of self-annihilation. Republicans in the NY State Senate have had enough and are fighting back.