NY Gov. Hochul Goes Nuts: Signs Law Billing O&G Companies $75B
Just incredible. 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 New York Has Fallen: Gov. Hochul Signs CO2 Frack Ban Into Law), now comes word that she signed into law what can only be described as one of the biggest government shakedowns in history. Hochul last week signed a new climate bill forcing fossil fuel companies to pay $75 billion in “recovery” assessments over the next 25 years for their alleged role in causing “extreme weather.” She is off her rocker. Read More “NY Gov. Hochul Goes Nuts: Signs Law Billing O&G Companies $75B”
It took a full nine months, but New York’s leftist Governor, Kathy Hochul, didn’t disappoint her radicalized base of supporters. The NY legislature (both chambers controlled by Democrats) passed a ban on “CO2 fracking” (uses carbon dioxide instead of water) back in March of this year (see 
Last week, MDN brought you the news that the Pennsylvania Department of Environmental Protection (DEP) had not followed up on the cleanup work needed for a shale well drilled some 12 years ago (see 
The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVA’s service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the sixth-largest power supplier and the largest public utility company in the country. In May 2023, TVA announced that it would convert the Kingston Fossil Plant (coal-fired plant) in East Tennessee to a natural gas-fired plant capable of generating 1,500 megawatts of electricity (see 
You’ve always known that there’s corruption in the federal government, right? With that much money sloshing around, people with sticky fingers show up and grab some of it for themselves. Today’s story of government corruption will blow your mind. Thanks to the Biden Infrastructure Law and the misnamed Inflation Reduction Act, some $385 billion was earmarked to be given out as “loans” to so-called “green” projects (kickbacks to political donors). The Department of Energy’s (DOE) Loan Programs Office (LPO) was delegated the responsibility to get the money distributed. So the LPO hired a bunch of independent contractors to help distribute the money, and the contractors (in some cases) are double-dealing—they are serving both the LPO *and* they are representing and serving the borrowers of that money. The DOE’s own Inspector General office is sounding the alarm and telling the LPO it should cease and desist from distributing another dime until safeguards are put in place and contractors with a conflict of interest are removed. 
An op-ed appearing on The Center Square website says Donald Trump’s pick to head the Department of Energy, Chris Wright, will lead an American energy u-turn upon taking office. The first sentence begins this way: “The United States is about to witness a complete energy reversal.” Amen to that! We have just lived through four years of an energy nightmare under the gross incompetence of both Joe Biden and Jennifer Granholm. 
According to Dan Eberhart, CEO of Canary, LLC (the sixth-largest wellhead services company in the U.S.), the world is bracing for another energy crisis this winter, with natural gas markets “teetering” on the brink of volatility. It would not take much to push the world into another run on natural gas supplies, which would push prices to “multi-year highs.” The “looming crisis” underscores the urgent need for robust and consistent American energy policies—something the Biden administration’s recent pause on new liquefied natural gas (LNG) export approvals has failed to deliver. The antidote, the fix for this fragile market, is the incoming Trump-Vance administration. 
Yesterday, the U.S. Department of Energy (DOE), headed by the ultra-dumb Jennifer Granholm, issued a bogus “study” (copy below) arguing that no new approvals should be granted for additional LNG exports. The report (and Granholm, in a cover letter) argues that “the amounts [of LNG export facilities] that have already been approved will be more than sufficient to meet global demand for U.S. LNG for decades to come.” In other words, the so-called elites know better than the free market how many LNG export plants the country should support. Granholm argues in favor of a command-and-control approach (i.e., Communism) over a free market, free enterprise approach to approving new LNG exports. 
In January, Joementia announced a “pause” on any approvals for new LNG export plants (currently 17 requests in the pipeline) for at least one year while his people pretend to figure out how to measure global warming as a new consideration for whether or not to approve a project (see 
We spotted an interesting article in the Steubenville, Ohio, Herald-Star newspaper that tackles the issue of using eminent domain in the state for various kinds of pipelines. It provides an excellent history of eminent domain used not only for oil and natural gas pipelines but also how the Mariner East pipeline project led to “expanding” eminent domain to include NGLs like ethane and butane. Now, a couple of new types of pipelines are being contemplated in the Buckeye State—hydrogen pipelines and carbon dioxide (CO2) pipelines. Will eminent domain laws expand again to include the new kids on the block? 
In July, U.S. Senator Joe Manchin (West Virginia), the Democrat chairman of the Senate Energy and Natural Resources Committee, and Senator John Barrasso (from Wyoming), the ranking Republican member of the same committee, drafted and released the Energy Permitting Reform Act of 2024 (see 
You can’t fix stupid. You can only vote it out of office. From the outskirts of New York to the Delaware River shoreline across from Philadelphia, New Jersey is home to numerous oil and natural gas facilities. A New Jersey Senate committee is seriously discussing (planning) an insane new tax on those facilities as a way of creating a slush fund supposedly to help the state fight the effects of climate change. It would be just another pile of money for corrupt politicians to line their own (and friends’) pockets with. Hello, Tony Soprano!