Electrical Generation | Industrywide Issues | Ohio | Pennsylvania | Regulation | Statewide OH | Statewide PA
PA, OH Bills Would Prop Up Failing/Expensive Nuclear Power Plants
New York State is already doing it, Pennsylvania is actively considering doing it, and now, Ohio has caught the contagion too. The “it” we’re talking about is soaking electric rate payers to pump more money into the coffers of big corporations so they can keep uneconomic and financially failing nuclear electric generating plants operating. Both PA and OH lawmakers have floated plans to soak rate payers in their respective states.
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Yesterday the Pennsylvania Dept. of Environmental Protection’s (DEP) Air Quality Technical Advisory Committee voted to recommend the DEP move forward with a proposed new regulation to control volatile organic compound (VOC) emissions, with a side benefit of reducing methane emissions, from existing oil and gas operations. It was a split vote, but it propels the regs to the next level.
Pennsylvania State Senators Camera Bartolotta (Washington County) and Pat Stefano (Fayette County) have just beaten PA Gov. Tom Wolf at his own game. Wolf has been gallivanting around the state like Santa Claus promoting a plan called Restore PA, a plan that will get rid of lead paint in schools, fix flooding, repair old roads, give rural residents internet access, and just about any other goody you can think of. Wolf wants to pay for it by slapping a severance tax on the Marcellus industry. Bartolotta and Stefano are introducing two bills that would fund Wolf’s folly–but do so by allowing new shale drilling on state land. Game, set, and match!
What will Pennsylvania’s future with respect to energy look like 25 years from now? What role will shale gas play? And how will that role affect the state? A group of 35 people began to study that question in the summer of 2017 and the end result, a new study, has just been released (full copy below). According to the study’s results, there are two distinct paths PA can take, resulting in two very different outcomes.
We’re in the unusual position of defending Pennsylvania Gov. Tom Wolf, arguably the worst governor PA has had in a generation. But defend him (and his staff) we must, because the Wolf Administration is the object of a false and disgusting smear campaign by a prominent London tabloid called The Guardian.
One liberal Philadelphia-area Republican and two Philly Democrats (considered a “bipartisan” group) have just introduced a package of seven bills in the Pennsylvania House supposedly meant to “further regulate pipeline companies and provide greater oversight authority to state agencies.” Sounds so reasonable, doesn’t it? In reality the bills are aimed at shutting down new pipeline projects in the state. Why does it take seven bills? They’re flinging whatever crapola they can against the wall, hoping at least one or two bills will stick.
Diversified Gas & Oil has been on a mission to buy as many non-shale (conventional) oil and gas wells as it can in the Appalachian Basin. It owns close to 3 million acres of leases with some 60,000 (mostly) conventional oil and gas wells. That’s changing. Yesterday Diversified announced it has cut a deal to buy 107 operating (and 3 non-operating) shale wells in Pennsylvania and West Virginia for $400 million.
Pennsylvania House Bill (HB) 827, which would make a permanent frack ban by the Delaware River Basin Commission (if adopted) a government “taking” or seizure of a citizens’ property liable for compensation, passed the House Environmental Resources and Energy Committee yesterday with a bipartisan vote of 16-9.
How many times will Pennsyvlania voters (voters in general across the U.S.) continue to fall for the same old Democrat lies? “All it takes is more money. We’re almost there. Raise XYZ taxes [like a new 4.5% “severance” tax in PA] and we’ll have it. That will cure [fill in the blank]…lead problems in schools, hunger, heck, it might even cure cancer!” That’s the line of bull being fed by PA Gov. Wolf to (really stupid and gullible) Pennsylvanians about the need for a Marcellus-killing severance tax.
In 2016 Crestwood Equity Partners formed a joint venture with New York City’s largest utility company, Consolidated Edison Inc., to operate a critical link of pipelines and storage facilities in the heart of the Utica/Marcellus, called Stagecoach Gas Services (see 
Yesterday IHS Markit released a study commissioned by Shale Crescent USA and JobsOhio that finds natural gas produced in the tri-state region of Ohio, Pennsylvania and West Virginia will be 45% of the nation’s production by 2040, up from 31% this year. This is truly big news with lots of ramifications.