EPA Issues New Rules for O&G Industry on GHG Emissions Reporting
The Federal Environmental Protection continues to regulate things it has not business regulating–not that it makes a hill of beans worth of difference that we point it out. Nobody will challenge them on their out-of-control behavior, so we all just pretend it’s OK and go along. The latest aggressive action taken by the EPA is to publish a rule change that will go into effect in 60 days. This new rule change is in how so-called greenhouse gas emissions are reported by the oil and gas industry. Both midstreamers and upstreamers are affected, so pay attention or prepare to be fined by the EPA…
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What can we divine by reading the tea leaves from the recent election outcome in New York State vis-à-vis the relative strength of the anti-drilling agenda in the Empire State? A casual reference to media reports gives one the impression that those opposed to drilling–particularly in the Southern Tier area of New York–are on the rise. Yet in head-to-head contests (at least in the Southern Tier) pro-drilling candidates have now beaten anti-drilling candidates over the span of two election cycles. We can’t find a single race of consequence (anything bigger than town board level) where a pro-drilling candidate lost! Does that portend good things for New York State and the future of drilling?…
Yesterday’s election was, by all accounts, historic. It was a complete and utter repudiation of Barack H. Obama and his aggressive socialist policies–there’s no denying that. Republicans picked up governorships in most states where they ran. The one cloud was, unfortunately, Pennsylvania where California environmentalist wacko Tom Steyer’s $10 million+ purchased the governorship for the hapless Democrat Tom Wolf. One bright spot in PA (we challenge you to find this news in your local newspaper today) is that Republicans picked up MORE seats in both the PA House and Senate. Which means unless Republicans cave, there will be no severance tax to shut down Marcellus drilling in the Keystone State–at least for the next few years. Whew. In New York, Republicans (beyond all belief) held on and improved their majority in the Senate. The NY Senate is the only firewall against legislative action to permanently stop fracking in the Empire State. Whew. And what’s this, New England moves Republican???…