21 State AGs, Led by WV, Will Challenge SEC Climate Regulations
The attorneys general for 21 U.S. states (nearly half!), led by the successful and victorious West Virginia Attorney General, Patrick Morrisey, are challenging the proposed regulations the Securities and Exchange Commission (SEC) is attempting to ram down the throats of publicly traded companies (see SEC Votes to Force Public Companies to Disclose Mythical GHG Risks). Morrisey, you may recall, was victorious in the lawsuit he led against the federal Environmental Protection Agency (see West Virginia Wins Supreme Court Case Against EPA re Power Plants). Morrisey believes he can produce a second court win–against the SEC. God speed!
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U.S. Senator Joe Manchin, in an interview with the Associated Press, attempts to come off as the reasonable, middle-of-the-road, aw-shucks guy who sticks up for what he believes is right and the good of West Virginians. Don’t fall for it. He was pressured by the wackadoodle left in the Democrat Party, and he folded like a cheap suit. Manchin deserves to be voted out of office the instant that opportunity arises. We’re talking, of course, of Manchin’s betrayal of fossil energy through his support for one of the most destructive pieces of legislation that has passed since Joe Biden began to occupy the White House–the so-called Inflation Reduction Act (IRA), better known as the Green New Deal (aka Build Back Better). Manchin’s betrayal has profound consequences for fossil energy in this country.
A recent survey commissioned by the Gas and Oil Association of West Virginia Inc. (GO-WV) found that 81% of West Virginians support natural gas and oil drilling in the state. That is a staggering, overwhelming majority! Nearly as many (close to 80%) favor policies that increase domestic oil and gas drilling and the completion of pipeline projects, in order to ease inflation. Some 52% of West Virginians ranked inflation as the most important issue facing the state (the top vote-getter). Although the survey results don’t mention it, we wonder how many West Virginian’s are disappointed with Sen. Manchin for his role in increasing inflation with the recent Big Green bill (aka Inflation Reduction Act) signed into law with the help of Manchin?
U.S. Senator from West Virginia, Joe Manchin, supposedly “secured an agreement” to fast-track the completion of the 94% completed Mountain Valley Pipeline (MVP) in return for selling out the entire country by voting for the Big Green “Build Back Better” bill, renamed to the laughable “Inflation Reduction Act” (see 
U.S. Senator Joe Manchin (Traitor Joe) from West Virginia made a huge gamble in agreeing to vote for the so-called Inflation Reduction Act (IRA). Manchin got an agreement from Chuck Schumer and Nancy Pelosi to allow a vote on a separate bill sometime in the fall that will help the stalled 303-mile Mountain Valley Pipeline (94% done) to get completed. The gamble is that Pelosi will actually allow a vote and, if so, that she will use her iron fist to ensure it passes. Legal experts have reviewed the “deal” Manchin made with the devil and conclude it’s far from certain MVP will finish.
Make no mistake: The Manchin-Schumer “Soar Inflation Higher” bill is bad for the country in EVERY way, including bad for the fossil energy industry via an industry-killing methane tax (see 
We have spit and sputtered daily since Traitor Joe Manchin announced his treachery last week–that he will sacrifice the entire country and its economic future in return for finishing one pipeline (see 
As we previously stated and continue to state: West Virginia Sen. Joe Manchin’s sellout of the entire country (and the entire fossil energy industry) in return for a vote on separate legislation that supposedly will ensure Mountain Valley Pipeline (MVP) gets completed (no guarantee a vote will be taken), is not worth the price. Unsurprisingly, Equitrans Midstream, the company building MVP, is delighted to learn of Manchin’s plan to sacrifice the country in return for completing its pipeline. Extremely short-sighted.
One of the criticisms MDN has levied against the states of Pennsylvania, Ohio, and West Virginia, is that each state is attempting to “go it alone” with respect to attracting a $2 billion investment from the federal government for a hydrogen and CCUS (carbon capture, utilization and storage) hub in our region (see 
Boom! The hammer has dropped on five of six companies identified by West Virginia as engaging in “boycotts of fossil fuel companies.” In June, WV State Treasurer Riley Moore sent a letter to six big banks/investment firms alerting them they are about to be added to the state’s “blacklist” for violating policies by not investing or doing business with fossil fuel companies (see 
Antero Resources, one of the largest drillers in the Marcellus/Utica (with major assets in West Virginia), the fifth largest natgas producer in the country and the second largest LNG exporter, issued its second quarter 2022 update yesterday. During 2Q, Antero placed a new compressor station online in West Virginia, boosting Marcellus gas flows by 160 MMcf/d (million cubic feet per day). The new Castle Peak compressor station will be expanded to 240 MMcf/d in 2023. Antero generated $664 million in free cash flow and $765 million in net income during 2Q. Big company. Important company.
Bad old ideas become bad new ideas for those on the left. In June 2018, MDN exclusively brought our readers the news that Diversified Gas & Oil (now called Diversified Energy) had purchased EQT Corporation’s Huron Shale assets, with a bunch of conventional wells, in Kentucky, Virginia, and West Virginia for $575 million (see