Antis Use Their Own Children as Cheap Props at FERC Hearing in NH
A picture truly is worth a thousand words, as the old saying goes. So let’s show you a picture and see what you think (view it below). It is a picture of young children tricked out in “Stop the Pipeline” yellow shirts and red Stop the Pipeline hats–sitting on the floor playing with toys at a Federal Energy Regulatory Commission (FERC) hearing in southern New Hampshire last week. Two hearings were held to gather public comments on Kinder Morgan’s Northeast Energy Direct natural gas pipeline. As they usually do, anti-fossil fuelers turned the hearings into freak shows–using (we’d call it abusing) children as props. We ask: Who would do something like that to their own children? Why would you brazenly use your own child as a cheap prop in a sleazy attempt to gain attention and sympathy for a political viewpoint? How low can you go?…
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Something really big is about to happen in the Marcellus/Utica region. Starting August 1, the Rockies Express Pipeline (REX), originally built from Colorado and Wyoming to Monroe County, OH to bring natural gas from west to east, will reverse the flow for a large and important section of the pipeline. On August 1, the section of REX from Monroe County, OH to Mexico, MO will reverse the flow and carry 1.8 billion cubic feet per day (Bcf/d) of Utica and Marcellus Shale gas to the Midwest, including to the greater Chicago area. This flow reversal has the power to a) increase prices northeast drillers receive for their natural gas, and b) lower the cost of natural gas for consumers (and industrial companies, and electric generating plants, etc.) in places like Chicago. It is a win/win scenario. It is so important, and will have such a profound affect on natgas prices in the Midwest, that our friends at NGI’s Daily Gas Price Index have created a “REX Tracker”–a free daily chart updating the price of natural gas along the REX’s Zone 3 section…
Last Friday during the Cabot Oil & Gas quarterly earnings call update with analysts, Cabot’s CEO Dan Dinges provided an important update on the Constitution Pipeline, a 125-mile pipeline that will stretch from the gas fields of Susquehanna County, PA into New York, to Schoharie County. It is a critically needed pipeline to get Cabot’s natural gas in Susquehanna County to markets throughout the northeast and New England. Although Williams is the lead company building the pipeline, Cabot is the other primary partner in the project. Currently the Constitution is 100% FERC authorized and they have 100% of the rights of way leases signed for the project. The only hold-up is the New York State Dept. of Environmental Conservation in granting 401 Water Quality Certificates that allows the Constitution to lay pipe through and under swamps, creeks and other bodies of water. According to Dinges, they expect NY to issue those permits any day now…