Biden Treasury Dept. Ruins 45V “Clean” Hydrogen Tax Credit
On Jan. 3, the Biden IRS issued its final clean hydrogen tax credit rule, otherwise known as the 45V Clean Hydrogen Production Tax Credit. We previously wrote about 45V back in June (see Biden IRS 45V Tax Rule Endangers Hydrogen Hub Projects in M-U). Our take back then has not changed with the release of the final rule. The 45V tax credit, part of the misnamed Inflation Reduction Act (IRA), can only be used if the hydrogen produced is “green” — meaning NOT made from natural gas. In addition, the electricity used to produce the hydrogen can’t come from fossil fuel sources like natural gas (if you want the tax credit). From what we can tell, nothing changed between then and now, other than allowing coal-mine methane to qualify for the higher tax credit. Read More “Biden Treasury Dept. Ruins 45V “Clean” Hydrogen Tax Credit”
RBN Energy recently concluded a two-part series on LNG delays and what’s causing delays in bringing more export capacity online. Friday’s Part 2 of the series looks at recent court rulings and regulatory issues and their impact on U.S. LNG development. Yes, Joe Biden’s ill-timed “pause” on the Department of Energy issuing new export approvals certainly had a big impact (see 
Not only did New York Gov. Kathy Hochul, an extremist liberal, sign a ban on using carbon dioxide to frack wells in the state at the last minute before the end of the current legislative session (see 
Last Friday, Republican Congressman August Pfluger (from Texas) introduced a new bill that will prevent any future president from banning fracking nationally without the consent of Congress. Pfluger’s “Protecting American Energy Production Act” would explicitly require an act of Congress to impose a fracking moratorium and prevent the president from doing so directly. We must ensure future administrations don’t repeat the catastrophic damage inflicted by the Bidenistas over the past four years. This is a good first step. 
Last fall, MDN began tracking the issue of who, ultimately, should pay to build out new electricity sources for data centers (and AI) that increasingly use huge amounts of power (see 
The Pittsylvania County Planning Commission voted on Jan. 7 to recommend against granting Virginia-based Balico permission to proceed with a $8.85 billion project to build a data center complex. Last October, Balico applied to rezone more than 2,200 acres for a proposed campus that would include its own massive on-site gas-fired power plant complex using Marcellus/Utica molecules from the Mountain Valley Pipeline (see 
Last October, Shell signed an agreement to buy 100% of RISEC Holdings’ 609-megawatt (MW) two-unit combined-cycle gas turbine power plant located near Providence, Rhode Island (see 
It’s always a red-letter day here at MDN HQ when we happen across a new pipeline project in the Marcellus/Utica region. Today is one of those days! Eastern Gas Transmission and Storage, a subsidiary of billionaire Warren Buffett’s Berkshire Hathaway Energy (BHE), filed a new project with the Federal Energy Regulatory Commission (FERC) in December to beef up three existing compressor stations in Centre County, Clinton County, and Franklin County in Pennsylvania, and one existing compressor station in Loudoun County, Virginia, with the aim of flowing more Marcellus molecules to the Washington, D.C. area. 
Last August, MDN told you that the Appalachian Regional Clean Hydrogen Hub (ARCH2) officially received its first $30 million from the Bidenistas (see 
One of the significant stories of 2024 in the Ohio Utica was about Austin Master Services (AMS), a radiological waste management solutions company in Martins Ferry (Belmont County), Ohio, that handles fracking waste (trucks it for disposal). AMS ran into trouble when it ran out of money. The Martins Ferry facility where waste is temporarily stored went from a permitted maximum of 600 tons of stored waste to over 10,000 tons, in violation of its permit. The Ohio Attorney General’s office filed a lawsuit against the company in March to force compliance. Local newspaper The Times Leader, in doing a Top 10 stories of the year, provides an update on AMS and where things stand with the cleanup. 
A leftist anti-fossil group calling itself Protect PT (Penn-Trafford), located in Westmoreland County, PA, backed with big money from Big Green groups, has for years challenged Penn Township ordinances that allow Apex Energy and Huntley & Huntley (now Olympus Energy) to drill and operate shale wells. Protect PT finally struck out (legally) at the Pennsylvania Supreme Court in May 2020 (see 
In typical sleazy politician fashion, PA’s Democrat Governor, Josh Shapiro, is blaming someone else (the PJM grid operator, in this case) for problems that he and his predecessor have created. Shapiro recently filed a complaint with the Federal Energy Regulatory Commission (FERC) alleging PJM is mismanaging the grid and using inflated numbers that will cause economic pain for the 65 million customers who buy electricity in the PJM region. What’s causing the high prices in PJM, a region rich in natural gas? That would be former Gov. Tom Wolf and current Gov. Josh Shapiro insisting the state tax gas-fired power plants via the so-called Regional Greenhouse Gas Initiative (RGGI). 
An undisclosed shale driller has asked the Ohio Oil and Gas Land Management Commission (OGLMC) to consider opening up an additional 4,360 acres of state-owned Egypt Valley Wildlife Area for shale drilling under the land. A new “nomination” for drilling was also sent to the OGLMC for 383 acres of Jockey Hollow Wildlife Area, located near Egypt Valley. Both tracts nominated for consideration are in Belmont County, OH.