2 Wolf Pipeline Task Force Members Reveal Broken Process
Two shale industry members of last year’s ill-fated Pennsylvania Pipeline Task Force have pulled the curtain back to reveal what went on behind the scenes. The sausage-making. And it’s not pretty. Two important facts emerge for their disclosures: (1) most of the members of the task force didn’t (and still don’t) know their heads from their rear-ends when it comes to how the natural gas industry actually works, and (2) nothing useful will come from the 658-page report and its 184 recommendations. We previously predicted that outcome when we said, “Silly libs–they never learn. This initiative was never about actually getting anything done. It was always about the optics–to show that radical leftist Tom Wolf (and his lackey John Quigley) actually care about the hoi polloi” (see 2 NEPA Members of Pipeline Task Force Want to Know, What’s Next?). It’s about showing how much you “care” when it comes to lib Dems–never about actual results. And so it was with this exercise in utter futility known as the Pipeline Task Force…
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The Obama administration is trying to kill the oil and gas industry. Whether it’s intentional or not (we think it is), recently proposed new regulations from the lawless Environmental Protection Agency are bad news. Particularly the EPA’s quest to force drillers to capture every last molecule of methane so it doesn’t escape (see 
A recent meeting organized by the Independent Petroleum Association of America (IPAA), called a Congressional Call-Up, was truly eye opening. People attending the meeting were briefed on key federal issues impacting the oil and natural gas industry. Here’s the startling news: There are currently 44 separate actions by various executive branch (Obama) agencies targeting the o&g industry–meant to cripple it. It is breathtaking in scope. Those doing the briefing called it a “well-planned attack on virtually every aspect of oil and natural gas planning, production and use.” Depressingly, no one in Congress or the media seems to even notice–or if they do, they don’t care…
And then there were four. The Center for Sustainable Shale Development (CSSD) has fought stiff headwinds from the beginning. The organization was founded by a group of shale industry people and environmentalists reaching across the isle to forge strict standards that both sides can live with. Environmental leftists, like Mamma Teresa Heinz Kerry and her Heniz Endowments, pulled support and have actively worked against the CSSD (see 
This Thursday the Pennsylvania Independent Regulatory Review Commission (IRRC) will take up the matter of approving recently proposed new drilling regulations from the PA Dept. of Environmental Protection. Conventional drillers in PA strong object to the new rules, Aricles 78 and 78a, and sued to stop the IRRC from reviewing them. They lost (see 
In March MDN told you about a lawsuit filed by the Pennsylvania Independent Petroleum Producers Association (PIPP) against implementation of new rules and changes to existing rules known as Chapters 78 & 78a (see 
Last week MDN brought you the fantastic news that the Federal Energy Regulatory Commission (FERC) had approved Williams’ Transco Pipeline project called the Garden State Expansion–a pipeline project to connect gas that will come through the yet-to-be-built PennEast Pipeline to a yet-to-be-built pipeline in New Jersey called the Southern Reliability Link pipeline (see 
Pennsylvania State Rep. Martin Causer (R-Turtlepoint) testified before the U.S. House Committee on Agriculture in Washington, DC on Wednesday, April 13. Causer was there to tell the House Agriculture Committee that new pipelines are desperately needed in the farm country he represents. We have a copy of Rep. Causer’s masterful testimony below…
More trouble may be ahead for drillers in the Marcellus, Utica and beyond. Fitch Ratings has just released a report that says the Office of the Comptroller of the Currency (OCC)–a federal agency–is set to downgrade the ratings of loans for many exploration and production (E&P) companies that are considered “high yield” (HY). If the outstanding loans these companies have (and most of them, if not all of them, have outstanding loans), the downgrade means it will be much more difficult for drillers to get their hands on new money. And if they can somehow get their hands on new money, it’s going to cost them a lot more to do it, i.e. higher interest rates. Word on the street is that banks are feeling the pressure from the Federal Reserve and the OCC and will “reduce most energy company credit lines by roughly 20-40 percent this month.” Ouch. Banks have pretty much quit financing coal projects. According to one source, “Crude oil and natural gas productions may not be far behind.” Here’s the low down…
Yesterday MDN brought you a copy of a fascinating new study published by the Interstate Natural Gas Association of America (INGAA). The new study is titled “North American Midstream Infrastructure Through 2035: Leaning into the Headwinds” (see 
MDN is strongly in favor of property rights. “You don’t tell me I can’t allow drilling a shale well or a pipeline–and I don’t tell you that you must allow it.” That’s always been our guiding philosophy. It pains us when pipeline companies use eminent domain to force landowners to allow a pipeline to be built. Having said that, it’s a pipeline! It’s underground. Farmers can plant crops over top of it after it’s in the ground. After a few years, you’re hard pressed to even tell where the pipeline is buried! We say if there’s widespread opposition to pipelines in a given community, don’t bother building it there. However, if there’s a handful of holdout landowners (often driven by global warming insanity), eminent domain may be justified. Life is complex. These issues are complex. Again, forcefully using eminent domain against any landowner–even the stupid anti-drilling ones–pains us. We don’t like it. But eminent domain is part of our laws, created to benefit wider society. We spotted an article about some Massachusetts landowners who equate opposing Kinder Morgan’s Northeast Energy Direct pipeline with being patriotic, like the patriots from the original Boston Harbor Tea Party revolt. We had to laugh…
Yesterday the Pennsylvania State House and Senate energy committees voted to disapprove the state Dept. of Environmental Protection’s proposed new Article 78 and 78a drilling rules. In February when the Pennsylvania Environmental Quality Board (EQB) approved the new regulations after those regs were vigorously opposed by conventional drillers in the state, the Pennsylvania Independent Oil & Gas Association (PIOGA) blasted the decision calling the DEP “deceptive” (see