Biden Pledges to End the Use of Oil/Fossil Fuels in Final Debate
What more can we say? For those who mistakenly (stubbornly) insist that Biden couldn’t “really ban fracking,” last night sleepy/creepy Uncle Joe pledged to end the use of oil and fossil fuels and “transition away from the oil industry,” calling oil a “significant” polluter. Yes, he’s off his rocker. WAKE UP! If you work for or depend on the oil and gas industry, a vote for Joe Biden is a vote to end your job. It really is that simple. He is telling us he is coming for oil and gas jobs. PLEASE believe him.
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Anti-fossil fuelers are predictable and their motives transparent. A movement anti in Chester County (liberal, far-left Democrat) wanted to expose confidential safety information about the Mariner East 2 (ME2) pipeline public. Specifically, he wanted to reveal “blast radius” information in hopes of inflaming opposition against the pipeline in his near-religious effort to get the pipeline permanently shut down. It’s a holy war for these people. Zealotry.
The price of natural gas trading at the Henry Hub terminal in southern Louisiana, the national benchmark price used for NYMEX futures contracts, has been on a rocket ship ride up over the past two days. Two days ago the price added $0.12 in a single day (see
American Energy Partners, Inc. (AEPT), based in Allentown, PA, is a small but diversified company. They have their fingers in a number of different oil and gas pies, including subsidies in drilling, remediation, water, valuation services, and education. AEPT announced a new deal yesterday to buy a producer with 230+ conventional natural gas wells in western Pennsylvania.
The mighty Mariner East pipeline system (ME1 and ME2) flows up to 345,000 barrels per day of NGLs, including propane and ethane, to the Philadelphia area where most of the ethane gets exported. Enterprise Products Partners’ 1,200-mile Appalachia-to-Texas (ATEX) ethane pipeline flows 145,000 barrels per day of ethane to the Gulf Coast. Even with all that ethane flowing out of our region to other markets, and even with some ethane sold and used in our region, most of the ethane produced in the M-U gets “rejected.”
Yesterday MDN told you of a new threat to LNG shipments from Louisiana with the grounding of a semi-submersible rig, blocking traffic coming from Cheniere Energy’s Sabine Pass LNG export terminal (see
Rystad Energy, headquartered in Norway, is an independent energy research and business intelligence company providing data, tools, analytics and consultancy services to the global energy industry. Rystad’s latest emailed newsletter contains a forecast for North American shale oil and gas production and capital investments, with the focus on the key contributing shale plays (including the Marcellus and the Utica). It is a fascinating forecast that shows a big increase coming in both shale oil and shale gas production between now and 2030.
Pennsylvania is so lucky to have a group of talented state legislators in both the House and Senate. Last week a group of House Republicans introduced a group of new bills they have dubbed “Commonwealth’s COVID Comeback.” The bills are aimed at bringing more jobs to the Keystone State in the manufacturing and energy sector. One of the bills is squarely aimed at getting the foot-draggers at the Dept. of Environmental Protection (DEP) to approve permits faster.
Methane (CH4) is one of the most abundant, naturally-occurring organic compounds on Planet Earth. And yet loony leftists claim it’s a pollutant and killing the planet. Go figure. We’ve always been fans of using methane as a fuel substitute for gasoline. But let’s face it, storing it in high-pressure tanks (CNG) or liquefying it and storing it at minus 260 degrees (LNG), is not an ideal way to use it in moving vehicles. It’s not handy or easy and takes special tanks. Researchers may just have found a solution for that problem.
New polls arrive each day now to proclaim that Donald Trump is toast and sleepy/creepy Uncle Joe Biden is going to win big. New polls arrive just about every week to announce that Americans are suspicious of shale fracking and would, in a heartbeat, dump fossil fuels. Don’t believe either the political or fracking polls so-called mainstream media releases. Why? Because the polls themselves are constructed not to determine public opinion, but to shape it. Almost all polls today are push-polls.
There is a battle underway by Big Green groups in Pennsylvania to unduly influence, pressure, and bully a quasi-governmental agency, the Delaware River Basin Commission (DRBC), into overturning a legally permitted LNG export facility planned for the New Jersey shore of the Delaware River by New Fortress Energy (NFE).
The transition from energy freedom to energy Fascism (the forced abandonment of fossil fuels) is happening far faster than anyone thought possible. Never in our lifetime did we believe Americans would willingly choose Communism and Fascism over American freedom, yet that’s what is happening and will be accelerated under a Joe Biden administration (perish the thought).
Enough! How many times do we have to put up with Obama/Clinton liberal Democrat judges from the U.S. Court of Appeals for the Fourth Circuit blocking the legal and legitimate construction of Mountain Valley Pipeline (MVP)–a project which is 92% in the ground and done! Last Friday the clowns did it again for the umpteenth time–slapping a “temporary” order blocking construction because the anti-America, Russia-backed Sierra Club filed yet another frivolous lawsuit against the project.
Even if and when Mountain Valley Pipeline (MVP) gets completed and goes online, flowing Marcellus/Utica gas to the southern U.S., it still will not be enough to significantly lift the price of natgas for M-U drillers. That’s according to an analysis by the experts at S&P Global Platts.