Gov. Wolf’s $300 Million Philadelphia Boondoggle Begins
Pennsylvania Gov. Tom Wolf is stealing $300 million from PA taxpayers and giving it to union bosses in Philadelphia–and everyone is celebrating like it’s some great thing. As we previously reported, over the past two years Philadelphia Energy Solutions (PES) has been on a mission to expand their operation at the Southport Marine site in Philadelphia by leasing an additional 200 acres to build a terminal for shale oil imports and exports (see Marcellus Caught in Crossfire of Philly Port Leasing Controversy). PES was willing to invest its own money in the project. But last month Gov. Tom Wolf canceled PES’ plans by giving a $300 million bribe, er a, “investment” of taxpayer’s money to turn that 200 acres into a big parking lot to park incoming cars arriving by container ships from Japan (see PA Gov Wolf Kills Plan for PES Refinery Expansion in Philadelphia). A bunch of (sleazy) politicians and union officials had a big Christmas party on Wednesday to celebrate the theft of taxpayer money for the project, and to pay Wolf on the back for being the thief…
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One of the country’s largest oil drillers is calling it quits in the Marcellus natural gas play. Earlier today Anadarko announced it has cut a deal to sell all of its Marcellus acreage and wells to Alta Resources for $1.24 billion. The deal is big, including 195,000 acres and daily production from wells that averages 470 million cubic feet per day (MMcf/d). That’s the news you’ll get everywhere else. Here’s the part of the story you’ll read exclusively here on MDN: Anadarko has a partner in the Marcellus–Mitsui–which is also selling their interest in the PA Marcellus to Alta, for $207 million. Also, background on the deal you won’t read anywhere else: Alta was an early investor in the Marcellus, but sold out all of their acreage in 2010. Now they’re back. Anadarko and Mitsui sold for far less than the acreage was valued at in 2010–we’d call it getting taken to the cleaners. MDN sorts it all out below…
Based on a recent uptick in new permits issued in PA, OH and WV, a writer for the Daily Caller says “a wave of new fracking is about to hit Appalachia.” We agree! Recent trends all point to an increase in drilling–which is good for landowners, jobs, taxes and the environment (more gas lowers CO2 emissions, if you believe in man-made global warming). Here’s a startling statistic: Fracking is estimated to have generated 4.6 million new jobs and $3.5 trillion in new wealth–in just three years (see today’s companion story). Surf’s up! Here’s the evidence that a new “wave” of fracking is on the way in our neighborhood…
Environmentalists are accusing Shell of using a loophole to discharge wastewater at their future ethane cracker that will exceed state limits for TDS (total dissolved solids). The issue may sound familiar. In 2011 Pennsylvania “requested” that municipal sewage treatment plants without specially outfitted equipment stop accepting and processing Marcellus wastewater (see
The Pennsylvania Dept. of Environmental Protection (DEP) will go on a “listening tour” early next year, to focus on so-called environmental justice–whatever that is. Apparently environmental justice means asking poor people if they’ve been abused by the oil and gas industry in any way–and if they have a beef, the DEP will “do” something about it. That’s our take. This isn’t the first “listening tour” conducted by the DEP. You may recall in 2013 the agency conducted a listening tour for new drilling regulations (see
A little good news to share about the PennEast Pipeline project–a $1 billion, 118-mile, primarily 36-inch pipeline that will get built from Dallas (Luzerne County), PA to Transco’s pipeline interconnection near Pennington (Mercer County), NJ. Last month PennEast got some bad news–a further delay from the Federal Energy Regulatory Commission (FERC) in delivering a final environmental review. The review was supposed to be done last August, but got pushed to this December. Then in November, FERC announced it would be next February before the final review is delivered (see
From the beginning of Pennsylvania Gov. Tom Wolf’s disastrous administration, we have told you the unvarnished truth: Wolf’s call for a high tax on Marcellus Shale gas production is a giveaway, a pay-back, to teachers unions for their support of him in defeating Republican Gov. Tom Corbett (see
You may recall our story about the daughter of a Huntingdon County, PA landowner, radicalized by Big Green groups (as evidenced by her association with well known protesters previously arrested), who took to a tree on her mom’s property in order to illegally stop crews working on tree clearing for the Mariner East 2 pipeline (see
The GoMarcellusShale Forum where landowners and others interested in shale drilling hang out and swap messages back and forth was recently updated to become
In June 2015, a full year ahead of Shell’s final investment decision (FID) to build a multi-billion dollar ethane cracker plant complex in Beaver County, PA, the PA Dept. of Environmental Protection issued the project air quality permits–which was a “critical” requirement for Shell before making their decision (see
On Oct. 8, after five years in the making, Pennsylvania adopted new shale drilling regulations (see 
We’ve seen signs of increased drilling in the Marcellus/Utica. Just look at the Baker Hughes rig counts month by month. Ever so gradually, the number of rigs operating in our region is creeping back up. The smart analysts at
The Potter Township Board of Supervisors convened a public hearing on Tuesday afternoon at 3 pm that ended up going until 1 am Wednesday. The intent was to approve Shell’s request for permits to begin construction on the multi-billion dollar ethane cracker plant. That didn’t happen. Instead, the supervisors decided to hold another hearing Wednesday night. They did, and that hearing went for over an hour, in closed-door session. At the conclusion, the supervisors made a couple of requests from Shell, which Shell agreed to. However, the supervisors are still not ready to approve the permits and instead asked for more paperwork to be filed–by both Shell and the radical, anti-fossil fuel Big Green group Clean Air Council (from Philadelphia). It seems the antis are attempting to stop this project cold–which should have the good citizens of Beaver County (indeed the entire northeast) outraged. At any rate, we’re sure the permits will be forthcoming–but now it won’t happen until sometime in January…
The Pennsylvania Dept. of Environmental Protection is using an unspecified amount of grant money from the U.S. Department of Energy to fund a Penn State pilot project that combines a natural gas-fired electric plant with solar cell and battery energy storage systems in a hybrid system to power several office buildings, a sewage pump station and several Penn State training center facilities. The hope is to prove developing “microgrids” like this one can lead to a “low-carbon footprint.” Hey, at least they wised up and are using Marcellus natural gas (a hated fossil fuel) as part of their “low carbon” research. Here’s the details on the latest big money project, using taxpayer dollars, under way at Penn State…
You may recall our story about the daughter of a Huntingdon County, PA landowner, radicalized by Big Green groups (as evidenced by her association with well known protesters previously arrested), who took to a tree on her mom’s property in order to illegally stop crews working on tree clearing for the Mariner East 2 pipeline (see