Tired of Waiting for Manchin, GOP Intros Its Own Save MVP Bill
Since the beginning of Joe Manchin’s so-called “side deal” to vote on a bill that will reform the permitting process for infrastructure projects including the 303-mile Mountain Valley Pipeline (MVP), Republicans in the Senate (and House) have called on Manchin and Chuck Schumer to release actual language of the bill that will be voted on. You know, release it at least a week or two before it gets voted on, instead of two hours before (which is the Democrats’ typical routine). So far, NOTHING from Manchin and Schumer. So on Monday, Manchin’s fellow U.S. Senator from West Virginia, Senator Shelley Moore Capito, introduced her own version of a permitting reform bill. The bill has the support of 45 Republican Senators so far (38 of them co-sponsored).
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Yesterday both Antero Midstream (the pipeline subsidiary of Antero Resources), and Crestwood Equity Partners announced a deal to sell Crestwood’s remaining Marcellus assets to Antero for $205 million. The assets include 72 miles of dry gas gathering pipelines and nine compressor stations with approximately 700 MMcf/d of compression capacity located in Doddridge County and Harrison County in West Virginia.
Joe Manchin, U.S. Senator from West Virginia (now wildly unpopular in his home state) continues to have a tough time sealing the deal on a permitting reform bill that will help the Mountain Valley Pipeline (MVP) get done. Manchin traded his integrity away by voting to approve the so-called Inflation Reduction Act (a Big Green giveaway) in return for a vote on a bill to streamline the permitting of oil and gas projects like (and including) MVP. The Dems snookered Manchin into voting for the IRA with big promises, but now they don’t want to vote for his permitting bill, breaking those promises. Manchin needs help, and he’s turning to the oil and gas industry, hoping we will pressure Republican House and Senate members into helping him out. Don’t hold your breath, Joe.
Back in March, MDN told you about a bill passed by the West Virginia legislature, Senate Bill (SB) 694, which finally brings forced pooling for shale wells to the Mountain States after eight years of trying (see
Another update on the uphill battle Joe Manchin faces in getting his “side deal” legislation passed that will help Mountain Valley Pipeline (MVP) get done. Manchin agreed to vote for the misnamed Inflation Reduction Act (IRA) in return for a “permitting reform” bill, to be voted on in September, as the price for his vote. We told you it was a bad deal for many reasons–one of which is that Manchin may never get his vote. On Friday, 72 Democrat members of the House of Representatives signed a letter (copy below) to Speaker Nancy Pelosi and Majority Leader Steny Hoyer opposing the Manchin “side deal” legislation. Yeah, it didn’t but a few weeks for the Dems to welsh on their deal with Manchin. It appears that Manchin got rolled.
Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 40 new drilling permits, way up from the 19 permits issued the week before. But there was a shocker. PA only issued nine new permits, while OH issued 14 new permits and WV issued a record high 17 new permits.
Yesterday MDN brought you the news that EQT Corporation is buying the West Virginia assets of Tug Hill Operating–the company’s THQ Appalachia operation–for $5.2 billion (see
We will continue to update MDN readers throughout the month of September as U.S. Senator Joe Manchin’s huge gamble of trading away the future of the country to finish the Mountain Valley Pipeline plays out. We spotted a story that quotes powerful Democrat members of the U.S. House of Representatives saying they have no allegiance to a deal made in the Senate–even though Speaker Nancy Pelosi promised support. A radical organization called Earthjustice (an adjunct of the Democrat Party) will hold a rally in the D.C. swamp today to oppose Manchin’s “save MVP” bill. You can expect a fierce battle against Manchin’s plan. Even if he wins (we hope he does) and MVP gets done, Manchin still traded away our country’s future to get it done. It’s not a good bargain, in our humble opinion.
U.S. Senator Joe Manchin, from West Virginia, traded away the future of the country by supporting the misnamed Inflation Reduction Act (the remnants of the Green New Deal) in return for finishing the 303-mile Mountain Valley Pipeline along with a few other concessions for the oil and gas industry (see 
After the shocking news that U.S. Senator Joe Manchin had sold out his state and the entire country by agreeing to support the misnamed Inflation Reduction Act (IRA) bill, the details began to come out about just how bad this bill really is for the oil and gas industry. First and foremost, it slaps a new tax on oil and gas activities (see
Antero Resources is one of the largest drillers in the Marcellus/Utica (with major assets in West Virginia). The company is the fifth largest natgas producer in the country and the second largest LNG exporter. It’s also one of our favorite Marcellus/Utica drillers. As good and careful as companies like Antero are when hiring, sometimes there’s a rotten apple found in the barrel. Such was the case with a former employee who headed up the company’s operations in WV–where most of its drilling happens. The former employee took bribes and kickbacks from a vendor over a period of years (2012-2015), steering contracts to that vendor. The vendor’s performance was not as good as other competitors. At the end of years of litigation, Antero has finally been awarded compensation from a jury, and a bit extra from a judge, to make up for the actions of their rogue employee.