U.S. Electric Grid Faces “Unprecedented” Risk Due to FERC Decisions

The U.S. power system is facing “unprecedented” and “widespread” reliability risks this winter, according to the nation’s grid reliability coordinator, the North American Electric Reliability Corporation. Why? Because the Biden-controlled Federal Energy Regulatory Commission (FERC) has blocked new natural gas pipelines and has introduced new policies aimed at forcing the electric grid to switch over to so-called renewable energy sources prematurely–before those sources are ready to handle the load. So says the CEO of the Electric Power Supply Association.
Read More “U.S. Electric Grid Faces “Unprecedented” Risk Due to FERC Decisions”

Yesterday MDN brought you the great news that Coterra Energy (formerly Cabot Oil & Gas) would be allowed to restart drilling in a nine-square-mile area in Dimock, PA (Susquehanna County) following a “no contest” plea deal with PA’s bullying Attorney General, Josh Shapiro, on a misdemeanor charge (see
Last week MDN told you that U.S. Senator Joe Manchin’s latest attempt to pass a so-called permitting reform bill (that would save Mountain Valley Pipeline as part of the bargain) had once again crashed and burned (see
The Freeport LNG export facility maintains it will restart accepting feedgas by the end of December. Following a request by the Federal Energy Regulatory Commission (FERC) to Freeport to respond to a list of 64 questions, we wonder if the plant will make that deadline. We’ve lost track of how many times Freeport, which has been offline since early June following an explosion in the plant, has changed the restart date. Last week the company said the final final final final restart would happen by the end of December (see
In addition to the so-called Regional Greenhouse Gas Initiative (RGGI), a carbon tax on coal- and gas-fired power plants in the northeastern U.S., there are a number of other carbon tax schemes operating around the world. It is the biggest hoax ever perpetrated on the human race–getting us to pay for carbon dioxide emissions, the very stuff you breathe out with every breath you take. Part of the con job Pennsylvania Gov. Wolf tried was to convince everyone the carbon tax wouldn’t cost power plants all that much yet would deliver billions in revenue to the state. But the costs of carbon credits companies are required to purchase have skyrocketed over the past year. EIA says carbon credits went up an average 40% in 2021.
For all of you Paul Harvey fans (God rest his soul), this is, “The Rest of the Story.” Two weeks ago, Pennsylvania Attorney General Josh Shapiro, about to become Governor on Jan. 1 (a bona fide tragedy), made a big splash by announcing he had finally bullied Coterra Energy, the former Cabot Oil & Gas, into taking a plea deal in the infamous Dimock, PA case of methane migration into a few water wells (see
On Friday, the Federal Energy Regulatory Commission (FERC) will hold its last meeting of 2022. It appears it will be the very last meeting for FERC Chairman Richard “Dick” Glick, who has been blocked from receiving a reappointment hearing by WV Sen. Joe Manchin. Without a hearing, Glick will be forced to step down after this year. Blocking Glick is about the only thing Manchin has done right this year. At any rate, at Friday’s meeting, the five (soon to be four) FERC commissioners will vote on a variety of issues. Two of the issues (projects) are vital to the Marcellus/Utica: a new certificate for the Spire STL Pipeline to continue operating, and a certificate to allow the Williams Transco Regional Energy Access Expansion project to proceed.
Late last week, the Pennsylvania Dept. of Environmental Protection (DEP) slapped Equitrans with three orders related to the Rager Mountain Gas Storage Reservoir in Cambria County, PA. The George L Reade 1 storage well located in the Rager Storage Reservoir vented natural gas uncontrolled into the atmosphere from Sunday, November 6, 2022, until the evening of Saturday, November 19, 2022, when it was plugged. The DEP has been onsite during the entire event (and since). An investigation by the DEP has found all but one of the 12 storage wells at the Rager field are leaking methane to one degree or another. The DEP has closed down all injections into the field, although withdrawals from the field (in order to prevent customers from going without) have continued.
In March, MDN told you that the Deputy Chief Administrative Law Judge of the Pennsylvania Public Utility Commission (PUC) issued a ruling against the now completed Mariner East 2 pipeline project, assessing a $51,000 fine on the project for work done near an apartment complex (see
Two days ago, MDN told you about Ohio House Bill (HB) 507, a “poultry” bill that (at the last minute) was amended by the Ohio Senate to redesignate natural gas as a “green” energy source and also a measure expanding drilling on and under state-owned land (see 
Perhaps like us, you didn’t pay much attention to the Georgia Senate runoff race. Since the Democrats already have cackling Kamala if they need her, the Dems control the Senate by default 50-50 (Kamala used to break ties). So whether Raphael Warnock (the leftist kook Democrat) won, which he did, or Herschel Walker (former football star and Republican) won, it didn’t really matter, right? Wrong. Just that one extra vote, 51-49, has given much more power to the Democrat anti-fossil fuelers that run the Senate (i.e. Chuck Schumer), than we could have imagined. For example: Warnock’s win all but ensures Dick Glick will get reappointed to FERC early next year–a profoundly sad outcome.
Once again, a permitting reform bill floated by U.S. Senator Joe Manchin (from West Virginia) with a provision to complete the 94% completed 303-mile Mountain Valley Pipeline (MVP) has flamed out. Manchin made a deal with the devil–his own Democrat Party–to vote for the misnamed and terrible Inflation Reduction Act (a warmed-over version of the Green New Deal) in return for HIS party’s support to pass a so-called permitting reform bill that would, among other things, allow MVP to finish up without court interference (see
Is Vanguard the next BlackRock–i.e, a pariah due to its extreme anti-fossil energy positions? YES. The Attorneys General from 13 states, including Ohio and West Virginia, have filed a protest with the Federal Energy Regulatory Commission (FERC) seeking to block Vanguard, a MAJOR investor (with $7.2 trillion of assets under management, second largest after BlackRock with $10 trillion) from buying stocks in electric utility companies. Why? Because Vanguard, like BlackRock, is trying to force the companies it invests in to abandon the use of fossil energy. If you own Vanguard investments–it’s time to dump them. Let’s hit them where it counts–in the pocketbook.