GECF Says NatGas Eclipses Oil as World’s Top Fossil Fuel by 2050
The Gas Exporting Countries Forum (GECF) is an international governmental organization providing a framework for exchanging experience and information among member cuntries. The GECF is a gathering of the world’s leading gas exporting countries and was set up as an international governmental organization with the objective to increase the level of coordination and strengthen the collaboration among its members. GECF publishes an annual report called Global Gas Outlook 2050 (full copy below) that provides long-term energy projections based on assumptions regarding macroeconomic conditions, energy prices, and policies. The most recent report, issued yesterday, makes a startling prediction.
Read More “GECF Says NatGas Eclipses Oil as World’s Top Fossil Fuel by 2050”
Yesterday Equitrans Midstream, formerly EQT Midstream, delivered its fourth quarter and full-year 2020 update. A key focus for the company is completing the 303-mile Mountain Valley Pipeline (MVP) project from Wetzel County, WV to Pittsylvania County, VA. Company officials yesterday expressed confidence they will get the balance of the 92% already-completed project done and fully online by the end of this year. That is terrific news indeed!
Yesterday Equitrans Midstream issued its 4Q and full-year 2020 update (see today’s lead story). There was discussion during the Q&A portion of yesterday’s Equitrans conference call referring to the company’s recent request to the Federal Energy Regulatory Commission (FERC) to change the type of stream crossing process it can use at 120 locations to cross 181 water bodies and wetlands so it can complete the Mountain Valley Pipeline (MVP) project this year.
Our headline is a bit cryptic, so we’ll explain right up front that G&P stands for gathering and processing. In pipeline giant Williams’ latest update (covering 4th quarter and full-year 2020) company reps said the Northeast G&P unit “continues to come on very strong producing record results and contributing $29 million of additional EBITDA this quarter.” They also said Northeast (namely Marcellus) gathering volumes grew by 7% in 4Q, and processing volumes grew by 9%.
In 2016 Crestwood Equity Partners formed a joint venture with New York City’s largest utility company, Consolidated Edison Inc., to operate a critical link of pipelines and storage facilities in the heart of the Utica/Marcellus, called Stagecoach Gas Services (see 
You have to hand it to Pennsylvania State Sen. Gene Yaw, he sure knows how to set off the crazies in the Keystone State. Yesterday Yaw issued a fantastic op-ed saying if Gov. Wolf gets his bizarre Regional Greenhouse Gas Initiative (RGGI) carbon tax adopted, Pennsylvanians can look forward to power outages like those recently experienced in Texas, which happened in large part because of the failure of “renewable” energy sources like windmills. Yaw’s comments have the lefties yammering away to “correct” Yaw’s non-standard and non-approved speech.
As we reported in January, Pennsylvania Gov. Tom Wolf (Democrat) has, for the seventh year in a row, introduced a Marcellus-killing severance tax proposal as part of his annual budget proposal (see 
The official state bird for New York State is the tiny Eastern bluebird–no bigger than a chickadee. Here at MDN HQ, we maintain two bird feeders year-round in the front yard. We can remember only maybe 3-4 times over the years we’ve actually seen a bluebird at our feeders. The bluebird is one of our favorites because we see it so rarely. According to researchers at Penn State in State College, PA, loud noise from pipeline compressor stations has the ability to “diminish” the “reproductive success” of bluebirds and other songbirds. Who would even think to conduct such an experiment?
Researchers at the University of Illinois Chicago have discovered a way to convert methane into liquid methanol at room temperature. This is a big deal because methanol burns more cleanly (less carbon dioxide emissions) than burning methane (i.e. natural gas). Prior to this discovery by Chicago researchers, converting methane into methanol required a lot of heat and pressure that generates a significant amount of CO2 as a byproduct. There’s no real advantage to burning methanol created that way. This discovery sidesteps the heat and pressure needed to convert methane into methanol.
A massive bait and switch has happened, and dumbed-down Americans are falling for it. Once upon a time, the scaremongers in the environmental movement claimed the earth (due to mankind’s influence) was entering an Ice Age with global cooling. Then about 25 years ago Al Gore got on his high horse and became the prophet of doom for man-made global warming, making the claim the internal combustion engine was the worst thing ever to be invented (what a dope). The theory is that a buildup of carbon dioxide (which comes from your mouth every time you exhale, also comes from burning fossil fuels) is creating a big canopy around the earth, trapping heat and making temperatures rise. Except it isn’t actually happening, so the environmentalists changed the terminology from global warming to “climate change” and now claim every “extreme” weather event is the fault of climate change and caused by…yep, mankind.
Last November we brought you the news that PTT Global Chemical was changing the timeline (again) for a final investment decision (FID) to build a $10 billion ethane cracker plant in Belmont County, OH, this time to the middle of 2021 (see 
In January several Big Green groups, including the odious Sierra Club, asked the Democrat judges on the D.C. Circuit Court of Appeals to overturn a FERC order from last December that allows the 92% complete Mountain Valley Pipeline (MVP) to resume certain portions of construction (see 
There’s nothing like changing the rules of the game after the game is done and over. Sounds like something a petulant child would do, but in this case the petulant child is the Democrat-controlled Federal Energy Regulatory Commission (FERC) potentially rewriting rules (after the game was played) in an attempt to shut down a brand new, state-of-the-art, fully functional compressor station that’s delivering 133 MMcf/d (million cubic feet per day) of extra natural gas supply to New England and beyond. Welcome to the dystopian world of Joe Biden and Dick Glick.
Newly appointed Federal Energy Regulatory Commission (FERC) Chairman Richard “Dick” Glick continues to wreak havoc on the natural gas pipeline sector. Since he was first appointed by Donald Trump more than three years ago, Democrat Glick has voted against every new pipeline project to come before him. Now he wants to rewrite the rules so future FERC commissioners will be handcuffed, binding them to a policy that requires them to reject new pipeline projects long after Glick has exited stage left.