SEC has 1,000 Witch-Hunters Ready to Smoke Out Climate Deniers
What a sad state of affairs. The very governmental agency charged with ensuring large corporations maintain honesty in their dealings with investors, the Securities and Exchange Commission (SEC), has devolved into a hack witch-hunting organization bent on locating and punishing those who disagree with a certain political view–the view that somehow mankind is causing catastrophic global warming. If corporations publicly utter anything outside the prescribed Communist diktat about global warming, the SEC will now come down on them like a ton of bricks. How sad and tragic.
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As sure as the seasons change and our long winter is finally turning into spring with the first crocuses popping up through the soil, you can count on another sign of spring: a forced pooling bill will pop up in the 60-day West Virginia legislative session. And so it has. The WV legislature is currently considering two bills, Senate Bill (SB) 538 and House Bill (HB) 2853, called “unitization bills” which is just another word for forced pooling. This time West Virginia University is providing support for forced pooling in the form of a new study claiming forced pooling will “jump-start” a new era of natural gas development.
West Virginia House Bill (HB) 2581 is rapidly advancing through various committees. The bill changes how the State Tax Department values producing oil and gas wells for property tax purposes. It also creates a new appeals process for all property taxes in WV. Provisions in the bill allow expenses from “lifting, processing, transportation and other industry activities” to be subtracted from a well’s income. Question: Do these new post-production deductions also apply to royalties?
Two Democrat federal judges with the U.S. Court of Appeals for the District of Columbia (D.C. Circuit) are second-guessing a long-completed and flowing natural gas pipeline in the St. Louis, MO area–a pipeline that flows Marcellus/Utica gas to residents, businesses, and electric generating plants in the region. Why are we not surprised?
We are so sick of the left and their twisted view of everything! For years we’ve covered a recurring claim from the left in their misguided attempt to smear natural gas and the pipelines that flow it. The left claims every time a pipeline runs near or through an area where the population is African American, or Hispanic, or rural poor (in other words, just about everywhere), that pipeline is automatically assumed to be racist.
Richard “Dick” Glick became a Federal Energy Regulatory Commission (FERC) commissioner in 2017, hand-picked by Sen. Chuck Schumer (see
Last summer MDN brought you the news that the Sierra Club lost a lawsuit aimed at blocking a landfill in New York State from accepting oil and gas drill cuttings from Pennsylvania (see
There is finally movement in Ohio to repeal an odious law passed by Ohio’s Republican-controlled legislature called House Bill 6, which funnels over $1 billion from Ohio ratepayers to FirstEnergy Corporation in order to keep the company’s unprofitable nuclear power plants running (while disadvantaging other power sources, like gas-fired plants). FirstEnergy is accused of bribing legislators to pass, and keep passed, HB 6 by paying out $60 million in bribes (see
Whether or not you agree with Pennsylvania Gov. Tom Wolf’s idiotic plan to join something called the Regional Greenhouse Gas Initiative (RGGI), a carbon tax that will force PA residents to pay $2.36 billion in higher electric costs over a 10-year period (and shut down coal and gas-fired power plants), there is one thing we can all agree on: The way Wolf is attempting to enroll the state in RGGI is wrong. Wolf is denying the state legislature (controlled by Republicans) a role in approving whether or not this new carbon tax will be assessed on PA citizens.
Some two and a half years after Energy Transfer’s (ET) Revolution Pipeline entered service in western Pennsylvania and exploded following a landslide, the pipeline finally returned to service yesterday. The Pennsylvania Dept. of Environmental Protection (DEP) issued a press release to say it had extracted another $125,000 from ET and has allowed the pipeline to resume service.
In the closing hours of the 2014 West Virginia legislative session, the legislature passed SB373, the Aboveground Storage Tank Act (see
The Delaware River Basin Commission (DRBC), a quasi-governmental organization composed of four states (NY, PA, DE, NJ) plus the U.S. Army Corps of Engineers, voted yesterday to permanently ban fracking within the boundaries of the DRBC’s jurisdiction, which includes Wayne and Pike counties in Pennsylvania where there is abundant Marcellus Shale deposits. But don’t despair. The DRBC is in the midst of two legal challenges and one (or both) is sure to win, reversing the illegal action taken yesterday. Chin up! The sun will rise again.
Remember the statement, uttered by then-candidate Joe Biden as he stood in Bucks County, PA (which sits in the Delaware River Basin) when he emphatically promised PA residents and union workers, “I’m not banning fracking in Pennsylvania or anywhere else!”? It took him slightly less than five weeks to break that promise. Yesterday the Biden administration, in the form of the U.S. Army Corps of Engineers (which is an Executive Branch agency) abstained and then voiced moral support for the DRBC’s vote to ban fracking in the Delaware River Basin. That action bans fracking in two northeastern PA counties where there are frackable shale deposits (see today’s lead story). FIVE WEEKS. Still happy you voted for lyin’ Biden?
Some good news to share on this Friday. The Federal Energy Regulatory Commission (FERC) has given National Fuel Gas Company (NFG) the green light to begin construction on its FM100 pipeline project. The FM100 Project will beef up and extend an existing pipeline network in northwestern Pennsylvania to flow an extra 330 million cubic feet per day (MMcf/d) of Marcellus gas to Williams’ mighty Transco Pipeline (see
The Pennsylvania Dept. of Environmental Protection (DEP) is sticking its sticky fingers into the pocket of Energy Transfer/Sunoco one more time, and this time drawing out nearly half a million dollars to pay for a series of small spills of nontoxic drilling mud in Snitz Creek in Lebanon County. It isn’t the first time the DEP has fined ET for Mariner East 2 (ME2) work. We’ve lost track of how many millions of dollars ET/Sunoco has paid in various fines–some of it legit, some of it (in our opinion), not legit.
Last fall Mountaineer NGL Storage, a $500 million project in Monroe County, OH to build underground storage for ethane and other NGLs, asked Ohio regulators to cancel a key permit for the project (see