Judge Allows Class Action Against EQT/Rice 2017 Merger to Proceed
In June 2019 the Cambridge (Massachusetts) Retirement System sued EQT claiming EQT’s executives had made false and misleading statements about their 2017 purchase of Rice Energy–claims about cost efficiencies that never materialized, and claims about the location of Rice leases that were not as close to EQT’s acreage as claimed (see Mass. Retirement Fund Sues EQT for Plummeting Stock Price). In a word, Cambridge alleged fraud on the part of EQT’s executives and seeks to turn their lawsuit into a class action on behalf of all investors who owned EQT stock at that time.
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Two years ago the Maryland Board of Public Works (BPW), which has three members (two leftwing Democrats and RINO Gov. Larry Hogan), rejected an 8-inch, 3.5-mile pipeline (tiny!) that would travel under the Potomac River, even though 12 other pipelines have previously been built under the Potomac in the same general vicinity (see 
Each year East Daley Capital publishes its Midstream Guidance Outlook which looks at themes and trends affecting the midstream (pipeline) sector in the coming year. The latest version of Daley’s report has just been released and draws some interesting conclusions about the midstream in 2021. Namely, associated gas growth in the Permian and elsewhere will go down and result in rising gas demand from the Marcellus/Utica and Haynesville gas plays. The big winners will be M-U pipeline companies, including Williams, Antero Midstream, and Equitrans (EQT Midstream).
On Monday MDN brought you the exciting news that Enbridge’s Weymouth compressor station project, the final piece of the $452 million Atlantic Bridge expansion project, has received permission from the federal Pipeline and Hazardous Materials Safety Administration (PHMSA) to begin operations “in early December” (see 
In January 2019, Aquidneck Island (part of Rhode Island) ran out of natural gas and left thousands without heat on the island for days during a frigid cold snap. Concerned that it would happen again, in November 2019 the Rhode Island Energy Facility Siting Board waived a licensing requirement to allow a “temporary” LNG storage facility in Portsmouth (see 
“He who controls the language controls the masses.” (Saul Alinsky) What’s the best way to mass-brainwash and influence the public against something? Change the language about the issue. Saul Alinsky in his “Rules for Radicals” knew this. Hillary Clinton, Barack Obama, and other prominent leftists are disciples of the socialist Alinsky. Researchers at the once-great Yale University are Alinskyites too. Yale researchers recently conducted a poll of people’s attitudes toward the words “methane” and “natural gas” and found folks are much more favorable to the latter, viewing methane far more negatively. Conclusion: Force society to call it “methane” so the left can once-and-for-all destroy the “clean” reputation of natural gas and (hopefully) end all use of it.
If there’s a bad cold snap in New England this winter forcing residents to use more natural gas (leaving less natgas for power plants), blackouts may occur. That’s the prediction from the North American Electric Reliability Corporation (NERC) in their just published 2020-2021 Winter Reliability Assessment (full copy below). If blackouts do occur, the residents of New England can thank Gov. Cuomo and their own politicians, like Massachusetts Attorney General Maura Healey, for blocking natural gas pipeline projects to the region.
In December 2015, evil corporate raider Carl Icahn (invests in companies so he can fire a bunch of people, boost the stock and pocket the profit) fired Cheniere Energy CEO Charif Souki (see 
Here’s a first! Pennsylvania has (so far) issued 36 permits for frack wastewater injection wells. Every single one of those wells is located in the western part of the state. A frack wastewater company headquartered in Susquehanna County, PA (in the northeastern part of the state) is “exploring the possibility” of building an injection well in (no lie) Dimock! We love it!
Enbridge’s Weymouth compressor station project, the final piece of the $452 million Atlantic Bridge expansion project, last week received permission from the federal Pipeline and Hazardous Materials Safety Administration (PHMSA) to begin operations in early December. This is a MAJOR victory.
Sunoco Pipeline is beginning construction work this week on some of the final bits of the Mariner East 2 pipeline project in Delaware County. One of the projects is to install the pipeline through the Glen Riddle Station Apartment complex. The owner and tenants are not happy. They should have known this day would come.
Mainstream media is spinning the story of a Cumberland County, PA man who doesn’t feel safe living 1,000 feet away from the Mariner East pipeline into a David and Goliath cliche. The man won a small victory from a left-leaning, Sunoco-hating administrative law judge last December (see