WV Legislators Look for Solution to Maryland Blocking Potomac Pipe
Columbia Gas, a subsidiary of Canada-based TC Energy (formerly TransCanada), wants to build a tiny 3.37-mile, 8-inch pipeline under the Potomac River from Maryland to West Virginia. The Eastern Panhandle Expansion, as it is called, is being blocked by the lefties in Maryland (see Fed Judge Upholds Maryland Decision to Block Pipe Under Potomac). West Virginia House of Delegates members recently debated what could be done to overcome Maryland’s illegal blockade of the pipeline.
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On Monday MDN brought you the news that West Virginia 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
Last month MDN brought you the news that Joe Biden is renominating Richard “Dick” Glick to serve yet another undistinguished term at the Federal Energy Regulatory Commission (see
The largest private investment in the state of West Virginia in history, not to mention the largest investment for the company making it, Nucor Steel, is happening because of abundant, cheap, Marcellus/Utica natural gas. Nucor is building a $2.7 billion new sheet steel mill in Mason County, WV, largely due to locally sourced and affordable energy.
The Bidenistas at the Dept. of Interior breathlessly announced the agency is (finally) releasing $33 million to plug 277 orphaned oil and gas wells across the country located on federal lands. The average price per plugging is $119,000. Spending $33 million to plug wells on federal lands is chump change compared to the $4.7 billion allocated for plugging old wells under the so-called Biden infrastructure bill. Why is the government paying $119K to plug wells that normally cost maybe $50,000 to plug? We’ll answer that question with another question. Why does the government pay $400 for a hammer it could buy at Lowes for $18?
You have to hand it to West Virginia Joe Manchin, he doesn’t much care what the snobby intelligentsia think about him. For whatever reason Manchin is attending the World Economic Forum in Davos, Switzerland. It’s an event where all the smarter-than-you-are people go to pronounce they’re smarter than you are. According to the WEF website, “The World Economic Forum brings together decision-makers from across society to work on projects and initiatives that make a real difference.” Errr, right. Most of the attendees are fossil fuel haters, so it was with interest we read Manchin’s comments at Davos in front of the haters, sticking up for fossil energy.
Pennsylvania, Ohio, and West Virginia are all scrambling to form working groups or other alliances in an attempt to be THE state chosen for one of four regional hydrogen hubs funded by the recently passed so-called Biden infrastructure bill (see
Sometimes U.S. Joe Manchin from West Virginia makes us nervous. He’s done great work in blocking Joe Biden’s radicalized agenda to destroy fossil energy by blocking the Build Back Worse program Biden and the Dems desperately wanted (saving the country from complete ruin with runaway hyperinflation). But then we read about Manchin tinkering with the idea to assess a tariff on foreign imported goods, like steel and cement, that are made in countries (like China) that don’t give a flip about environmental controls. Supposedly such a tariff would encourage those countries to use more natural gas, or encourage more American manufacturing of those goods (because our plants use clean natgas). We’re not sure what to make of Manchin’s efforts.
Diversified Energy CEO Rusty Hutson and his wife Kimberly Hutson, both natives of West Virginia, recently donated $1.8 million to West Virginia University to help fund an experiential learning program, a nursing initiative, and neuroscience care at the university. We have chronicled a number of generous donations by Marcellus/Utica companies and their foundations. However, this has to be the single largest donation by an individual connected to the industry that we’ve seen, to date.
Because of constant court challenges against pipelines, the Trump administration completed a redo of the U.S. Army Corps of Engineers Nationwide Permit 12 (NWP12), a general permit used in constructing pipelines, just prior to leaving office. From the beginning of the Biden administration, anti-fossil fuel fanatics have attacked NWP12, hoping they can cancel it or otherwise make it so onerous nobody will use it. In March the Army Corps caved to the pressure and announced it will review (i.e. change) NWP12 (see
At the end of the day, Joe Manchin, U.S. Senator from West Virginia, is still a Democrat and beholden to his party’s radical leftwing. We had hoped he was a different kind of Democrat, but alas, perhaps not. Bloomberg (often a fake news source) is reporting that Manchin is reaching out to Republicans in the Senate to gauge interest in spending a half-trillion dollars ($550 billion to be exact) on “climate and energy spending”–resurrected pieces of what had been Biden’s failed Build Back Better Act. The aim is to salvage something of Joe Biden’s tattered reputation ahead of the 2022 elections in November, so Dems are not completely obliterated (as we hope they are and deserve to be) this fall. No thanks, Sen. Manchin. We’re not interested in tacking on another 4-5% to the inflation numbers that are already at historic highs, which is exactly what such a bill would do.
KeyState LLC is developing 7,000 acres of natural gas fields and geological storage in West Keating Township, Clinton County in the middle of coal and iron country in central Pennsylvania (see
In a court case that stretches back to 2019, Antero Resources, the biggest driller in West Virginia, challenged how its wells had been valued for tax purposes in Doddridge and Richie counties for 2016 and 2017. Antero said the combined value of its wells for those years should have been $1.488 billion. The state tax commissioner reckoned the value to be $1.513 billion. The controversy of well valuations not only for Antero but other drillers led to a reworking of how the state law values shale wells (see
West Virginia Senator Joe Manchin, a Democrat, has (for months) forcefully pushed the issue of completing the 94% done-and-in-the-ground Mountain Valley Pipeline (MVP) project, a 303-mile pipeline from WV into Virginia. In early March Manchin let all five Federal Energy Regulatory Commission (FERC) commissioners know of his displeasure that MVP, along with other pipeline projects, is delayed (see