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WV Announces New $350M Methanol Plant in Pleasants County
Some exciting news to share! A company called West Virginia Methanol Inc. has selected a site in Pleasants County, WV to develop to build a $350 million methanol plant. Methanol plants convert natural gas into methanol, used as a chemical feedstock (raw material) to create other things, like gasoline, antifreeze, plastic bottles–even LED and LCD screens. Methanol plants use a LOT of natural gas.
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Enough! How many times do we have to put up with Obama/Clinton liberal Democrat judges from the U.S. Court of Appeals for the Fourth Circuit blocking the legal and legitimate construction of Mountain Valley Pipeline (MVP)–a project which is 92% in the ground and done! Last Friday the clowns did it again for the umpteenth time–slapping a “temporary” order blocking construction because the anti-America, Russia-backed Sierra Club filed yet another frivolous lawsuit against the project.
Donald Trump is NOT lying about Joe Biden and the words Biden has used about his desire to ban fracking *and* eliminate the use of fossil fuels. We have the video (below) showing clips from various Biden events where he unequivocally states he will ban fracking, and (in time) eliminate the use of all fossil fuels. This is Biden in his own words. So was Biden lying then? Or is he lying now?
Well that’s disappointing. Earlier this year Energy Solutions Consortium (ESC) asked the State of West Virginia to guarantee a $5.5 million loan for a proposed new shale gas-fired power plant planned for Brooke County which would help them secure even more funding for the project. Several weeks ago the state went one better than the original request and said it would not only guarantee the loan, it would actually make the loan (see 
Ryan Energy Services
Somebody lit a fire under drillers in Pennsylvania last week! Or maybe we should say a fire was lit under the PA Dept. of Environmental Protection (DEP). PA issued 35 new permits last week spread pretty much across the entire state–in the northeast, central, and southwest portions of the state. Ohio, once again, issued no new Utica permits last week. West Virginia issued a single new permit last week.
Two days ago MDN brought you news that natural gas prices in the Marcellus/Utica region are about to get really ugly, at least for the next couple of months (see 
On Sept. 10, a day after a meeting of the West Virginia Economic Development Authority meeting, we reported (based on media reports) that the Authority had voted to approve a $5.5 million loan guarantee for a proposed new shale gas-fired power plant planned for Brooke County, WV (see 
Justice (with a small “j”) has prevailed in West Virginia. We’ve covered the issue of a proposed new shale gas-fired power plant planned for Brooke County, WV for years. We are down to the wire on some of the final bits needed for this project to advance. One of those bits, the last major hurdle, is a loan guarantee for $5.5 million, covering a tiny part of the financing required to build this nearly $1 billion project. Yesterday the WV Economic Development Authority unanimously approved the loan guarantee.