Tiresome: Philly RINO Rep Gene DiGirolamo Intros Severance Tax Again

Pennsylvania State Rep. Gene DiGirolamo, a Republican-in-Name-Only (RINO) from the Philadelphia area, has been trying to punish the Marcellus industry in the state since 2011 when he first introduced legislation to impose a Marcellus-killing severance tax. And pretty much every year since then he has re-introduced a severance tax bill. Sometimes it’s for 3.2%. Other times 4.9% (see our DiGirolamo stories here). It appears he just plucks a number out the air and goes with it. DiGirolamo is back with yet another such plan. He has just introduced House Bill (HB) 1401, which would slap a 3.2% severance tax on all shale gas production. The socialist CLEAR Coalition–which advocates theft of other people’s money to fund their favorite “public” causes–held a rally to support the thefty HB 1401. RINO DiGirolamo showed up, the only “Republican” to do so. All of the other officials present were liberal Democrats. What does that tell you about this bill and its sponsor?… Read More “Tiresome: Philly RINO Rep Gene DiGirolamo Intros Severance Tax Again”

A couple of weeks ago the American Petroleum Institute (API) released a new study that shows private investment in U.S. natural gas and oil infrastructure could (and likely will) create over 1 million new U.S. jobs. That is an incredible number! The study also shows that private investment may exceed $1.3 trillion for new oil and natural gas infrastructure. Wow! Over the past five years, U.S. oil and gas infrastructure development proceeded at a rapid pace. Many have wondered whether the trend can continue. API wondered too, so they contracted the experts at ICF to undertake a study that investigates the amount of oil and gas infrastructure development possible in the U.S. through 2035. The result is the report, “U.S. Oil and Gas Infrastructure Investment Through 2035” (full copy below). The report focuses on the amount of infrastructure needed for two different scenarios, a Base Case and a High Case, each of which are plausible scenarios for future market conditions. While the Base Case represents a most likely scenario, the High Case is included to assess infrastructure development in a more robust environment that is fostered by a larger hydrocarbon resource base and more rapid advancements in technology. The study looks at capital expenditures associated with, and the resulting economic consequences of, oil and gas infrastructure development…
Back in June 2015, MDN told you about an edgy new pro-fracking website called FrackFeed.com–designed along the lines of BuzzFeed, a news and entertainment site aimed at Millennials (see
Something has befuddled us for a long time. Why would Big Oil companies–like ExxonMobil, Shell and BP–actually support the international climate agreement that caps carbon dioxide emissions from the fuels they extract? In December 2015, then-President Barack Hussein Obama signed the Paris Agreement (otherwise known as COP21) that forfeits the national sovereignty of the United States in the name of so-called man-made global warming (see
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Dead-end NY can’t create any jobs Upstate following frack ban; big air quality improvements coming to OH, thx to fracking; oil production in Utica shows modest increase; Air Products may shut down Luzerne County LNG manufacturing plant; Bob Huggins to highlight Shale Crescent USA event; WV nixes enviro group’s appeal of Mountain Valley pipe permit; Virginia gov targets power plant emissions; change at the top of Halliburton; former FERC attorneys say it’s time to drop NAVs; US shale oil will grow, even at $40/barrel; Trinidad production drops 8% in March; and more!
We spotted a story that makes reference to an ethane storage facility currently under construction in Monroe County, OH. That got our attention. The story said that Energy Storage Ventures has plans to begin storing ethane in the underground facility by the end of 2018. Who’s Energy Storage Ventures? We went looking and discovered it’s another name for the Mountaineer NGL Storage project that we’ve been covering. In April 2016, Mountaineer NGL Storage (aka Energy Storage Ventures) announced an open season for a new underground NGL storage facility in Monroe County, Ohio, near Clarington, along the Ohio River (see
One year ago, Banpu Pcl, Thailand’s largest coal producer, invested $112 million to purchase Range Resources’ Marcellus non-operated JV operations in Bradford County, PA (see
While reviewing documents filed with the Federal Energy Regulatory Commission (FERC) for the Energy Transfer Rover pipeline project, we came across a letter filed by ET yesterday. The letter (full copy below) addresses the recent “inadvertent return” (i.e. major leak) of 2 million gallons of drilling mud in a swamp next to the Tuscarawas River (Stark County, OH). Following that leak and other leaks, FERC told Rover to stop any new underground drilling not already under way (see
We’re not sure we have the full, 100% story, but we have enough of it to have some righteous anger. In May 2015, Rover purchased a house in Carroll County, OH, located near where the pipeline, and a compressor station for that pipeline, is due to run. Rover bought the house to use for offices for several Rover affiliate companies. After buying it, Rover determined the house was “ill-suited for its intended purpose” and decided to demolish it. Problem was/is, that house was under consideration to be added to the National Register of Historic Places (see
A nation without laws is not a nation. Virulent anti-drillers in Youngstown, OH have now tried six times to pass a so-called Community Bill of Rights ballot measure–and have failed all six times, the most recent last November (see
On Monday, MDN’s favorite government agency, the U.S. Energy Information Administration (EIA), issued our favorite monthly report–the Drilling Productivity Report (DPR). The DPR is the EIA’s best guess, based on expert data crunchers, as to how much each of the U.S.’s seven major shale plays will produce for both oil and natural gas in the coming month. Get ready to break new records–again! In June, we will once again hit the highest output of shale gas we’ve seen, ever. Output in the Marcellus/Utica region is set to once again reach new highs. In the Marcellus, output will pass 19 billion cubic feet per day (Bcf/d). Astonishing! In the Utica, output will hit 4.4 Bcf/d. Shale oil output across all seven major plays is set to hit 5.4 million barrels per day, up 122,000 barrels in just one month. Perhaps the biggest eye opener is that the shale play with the biggest uptick in natural gas production will be–the Permian. An oil play! When you drill like crazy for more oil, you also get natural gas out of the hole along with the oil. It’s called “associated gas.” And because the Permian (in Texas) is red hot with drilling, it makes sense natural gas production will spike up too. Buckle up and get ready for another wild ride in the month of June…
Atlantic Coast Pipeline (ACP), Dominion Energy’s $5 billion, 594-mile natural gas pipeline that will stretch from West Virginia through Virginia and into North Carolina, has begun an outreach program with Local Emergency Planning Committees in several West Virginia counties. The pipeline is not yet fully approved by the Federal Energy Regulatory Commission (FERC). Dominion expects that approval sometime this fall (see
Things that don’t make sense, don’t make sense for a reason. You have to keep digging until you get to the truth. We’re referring to our previous posts where we scratched our heads over calls by both House and Senate Democrats (very liberal, very anti-drilling) for President Trump to hurry up and nominate commissioners to the quorumless Federal Energy Regulatory Commission (see
For those who live in the Scranton/Wilkes-Barre orbit, MDN is pleased to call attention to a free shale energy seminar being held next Wednesday (May 24) in Dallas, PA. Borton-Lawson, Cabot Oil & Gas, UGI Energy Services, UGI Utilities, Williams, and in conjunction with ACT for America and the Back Mountain Chamber of Commerce, will host the “
Just last week MDN told you that Pieridae Energy has signed a labor agreement to build the Goldboro LNG export facility along the shore of Nova Scotia, Canada (see