Texas Removes BlackRock from Banned List After Co. Axes Net-Zero
BlackRock, the world’s largest investment firm with some $9 trillion of assets under management, has managed to get itself removed from the poopy list in Texas by ending its participation in a number of so-called ESG (environment, social, governance) groups and by groveling before Texas officials. The Texas Permanent School Fund (PSF) pulled $8.5 billion of its investments away from BlackRock in March 2024 (just over a year ago) after the state determined that BlackRock was engaged in a boycott of energy companies by pressuring companies to avoid the fossil fuel sector by using ESG litmus tests (see Texas Yanks $8.5 BILLION Out of BlackRock re ESG). BlackRock was not happy (see BlackRock Pitches a Fit Over Texas $8.5B Divestment Due to ESG). But you know the old saying…money talks and bull$@#! walks. In this case, money talked very loudly. Read More “Texas Removes BlackRock from Banned List After Co. Axes Net-Zero”

Two days ago, RBN Energy reported that ethane and butane exports for Enterprise Products Partners and possibly other NGL exporters were in doubt following a notice received by Enterprise from the U.S. Bureau of Industry and Security (BIS) flagging such exports to China as a security risk (see
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During a webinar in April, the Pennsylvania Department of Environmental Protection (DEP) announced it would use a new state General Air Quality Permit to implement Biden-era federal oil and gas facility methane reduction requirements (see
A few weeks ago, MDN brought you the news that the Ohio Department of Natural Resources (ODNR) is laying the blame for a series of low-level earthquakes in southeastern Ohio on fracking at an Encino Energy shale well in Noble County (see
Last week, MDN told you about House Bill (HB) 15, which makes significant changes to state energy policy to encourage the development of more in-state electric generation by making it easier (and more cost-effective) to build gas-fired power (see
On June 2, the Pennsylvania Department of Environmental Protection’s (DEP) latest Environmental Justice newsletter announced that the PennEnviroScreen tool is now “fully integrated within the DEP permitting and programmatic review processes.” The tool draws maps to identify areas of “greater environmental justice (EJ) exposures” and potential effects by analyzing “environmental, health, and socioeconomic burdens across the Commonwealth.” It’s like a video game that shows users pretend areas where there are more minorities and poor people on the theory that they’re too stupid or poor to hire lawyers to resist new infrastructure, like gas wells, compressor stations, or pipelines. 

Corporate welfare—the transfer (theft) of money from taxpayers to uber-wealthy corporations, like Kraft Heinz, is particularly loathsome and disgusting. However, it’s widespread, unfortunately. In an effort to undermine fossil energy, the Biden administration shoveled money out the door to corporate cronies so fast nobody could keep track of it all. Biden’s “free money” included a $170 million grant to Kraft Heinz, which would have helped the food manufacturer install heat pumps, solar, biogas, and other loser “renewable” energy solutions at 10 of its facilities in New York, Virginia, Minnesota, Iowa, Indiana, Ohio, Michigan, Missouri, and Illinois. Kraft Heinz received $5.9 million of the promised funding in December. It won’t see another dime.
Alice, get ready to go down the rabbit hole into litigation Wonderland. This post is about a Pennsylvania Supreme Court decision issued on May 30, 2025. In the case Commonwealth of Pennsylvania, Pennsylvania Game Commission v. Thomas E. Proctor Heirs Trust, the PA Supremes addressed a question from the Third Circuit Court of Appeals regarding whether a 1908 tax sale of an “unseated” (undeveloped) parcel of land, the Haines Warrant, constituted a “title wash” that divested the subsurface estate owners of their ownership interest. We think the case has broader implications for landowners and drillers with respect to who owns mineral rights that have been separated from surface rights.
On May 20, the Pennsylvania Department of Environmental Protection (DEP) issued notices of violations to XTO Energy, Inc. (a subsidiary of ExxonMobil) for failing to restore five multi-million gallon shale gas freshwater impoundments it used to support fracking operations in Butler County. The impoundments are required to be restored, which includes liners removed and the area regraded to the original contours, within nine months of their last use.
Pennsylvania Governor Josh Shapiro is a typical liberal Democrat politician. He pretends to be moderate and a supporter of the Marcellus industry in the Keystone State. He is neither. Shapiro claims his proposed energy programs will cut costs for Pennsylvanians. The reverse is true. But we’re not just making blanket, unprovable assertions or opinions about Shapiro’s energy plans. A new study from the Commonwealth Foundation estimates that Shapiro’s energy policies, 
RBN Energy is reporting that ethane and butane exports for Enterprise Products Partners and possibly other NGL exporters are in doubt following a notice received from the U.S. Bureau of Industry and Security (BIS) flagging such exports to China as a security risk. Specifically, ethane and butane exports pose an “unacceptable risk of use in or diversion to a military end use.” RBN’s blunt assessment is this: “The BIS decision has the potential to ruin the U.S. ethane market and disrupt global flows.”