THE Delaware Riverkeeper Continues to Sue Dead PennEast Pipe
PennEast Pipeline, a 120-mile, primarily 36-inch pipeline that would have cost $1 billion to build and run from Dallas, Luzerne County, in northeastern Pennsylvania, and terminate at Transco’s pipeline interconnection near Pennington, Mercer County, New Jersey, is as dead as a doornail (see PennEast Pipeline Throws in the Towel – Project Won’t Get Built). In late September the partners in the project announced “PennEast has ceased all further development of the Project.” And yet THE (deluded) Delaware Riverkeeper is convinced PennEast will rise from the dead like Jesus Christ. So Riverkeeper is suing to keep on suing–to keep PennEast dead and buried. We’ll explain.
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We were encouraged in September when the Connecticut State Supreme Court upheld the Connecticut Siting Council’s approval for NTE Energy’s proposed project to build a 650-megawatt natural gas-fired electric plant in Killingly, CT (see 
Democrats, who are truly desperate and hoping that massive theft of some people’s money to use in bribing other people to vote for them, finally passed a $1.2 trillion so-called infrastructure bill last Friday. It’s a “Hail, Mary” move aimed at trying to retain some of their power, which they will certainly lose in the 2022 election. Here’s what to know about the bill, which tries (but ultimately fails) to reduce the use of fossil fuels: Of the $1.2 trillion allocated over the next five-plus years, only $110 billion (or 9%) of it will actually be used for infrastructure–roads, bridges, etc.
Nearly two weeks ago MDN brought you the news that Southwestern Energy was in talks to buy a second (for them) Haynesville driller, GeoSouthern, for $1.7 billion (see 
In September a cabal of virulent anti-fossil fuel groups, including the Sierra Club, Clean Air Council, PennFuture, Earthworks, and Mountain Watershed Association (all of which hate oil and natural gas), launched their latest attack against the Pennsylvania oil and gas industry. The groups sent a request to the PA Dept. of Environmental Protection (DEP) lobbying for a dramatic increase in the amount of money drillers must post as a bond when drilling a new well. Unfortunately, the DEP listened and is acting on that request.
What the heck is going on? First, the EPA under Biden is making a massive power grab to control oil and gas drilling (in contravention to the U.S. Constitution) by issuing methane regulations and the oil and gas industry is just laying down and taking it, after opposing the very same thing under Obama in 2016 (see 
Conservatives (including MDN) eagerly watch election results as they came in this past Tuesday night. Conservatives rightly anticipated the Virginia governor’s race would go to the Republican, Glenn Youngkin. Conservatives had hoped for a good showing in deeply blue New Jersey, with 1.1 million more registered Democrats than Republicans. We got much more than that! The odious leftist Democrat Phil Murphy ran for reelection for another four years in the Garden State. The unknown Republican running against him, Jack Ciattarelli, came within (under) 1% of the same number of votes as Murphy. Hopefully, Ciattarelli will demand a recount. The question is, did energy have anything to do with NJ’s vote, and if Ciattarelli pulls off an upset, what might that mean for pipeline projects canceled under Murphy?
It is obvious MDN is out of step with the industry it supports and promotes. We think the federal EPA’s announcement on Tuesday that it will draft and adopt new emissions regulations aimed at reducing methane (i.e. natural gas) emissions is clearly unconstitutional (see 
It is alarming and shocking how leftist ideology has infected the financial industry worldwide. Banks and asset managers representing 40% ($130 TRILLION) of the world’s financial assets have pledged to meet the goals set out in the Paris climate agreement. More than 450 firms, holding nearly half of the money that gets invested, now belong to the Glasgow Financial Alliance for Net Zero. Their aim? To defund all fossil fuel energy. We’re kind of speechless.
We suppose it takes a lot to surprise the CEO of one of the world’s biggest pipeline companies. Yet yesterday Williams CEO Alan Armstrong expressed his surprise that even with the dramatic increase in the price of natural gas during the third quarter, demand for natural gas was “inelastic” and remained high. Translation: Williams had all it could do to keep up with flowing natural gas through it’s extensive pipeline system, even with super-high prices. Much of the demand to flow gas came from the Marcellus/Utica.
Equitrans Midstream, formerly known as EQT Midstream, issued its third quarter update yesterday. The main focus (for us) of the update is new or updated information related to the company’s all-important Mountain Valley Pipeline (MVP) project and those projects connected to MVP–including Hammerhead and Southgate. Yesterday we learned Equitrans still believes MVP, a 303-mile pipeline from West Virginia to southern Virginia, is on track to start up in “summer 2022.” The company plans to begin construction of a related extension of MVP, called Southgate (from Virginia into North Carolina) in 2022 and bring it online in early 2023.
