Shell CEO to Talk Snowflakes Off the Climate Ledge Oct 17
Shell’s new CEO, Wael Sawan, is capable of rational thought, unlike his predecessor, Ben van Beurden. Previous CEO van Beurden had set the company on the suicidal path of reducing oil and gas drilling in favor of investing in renewable energy. It turns out that’s not making any money for the company. So at an investor meeting in June, Sawan unveiled a new strategy — back to more drilling for oil and gas and less dithering with renewables (see New Shell CEO Reverses Course – More O&G Drilling, Less Renewables). Sawan is also high on LNG and “sees a long-term role for natural gas in the world’s energy mix.” Sawan’s change in course has caused some of the delicate snowflakes who work at Shell to hyperventilate and declare they will quit (to which say, please do!). However, Sawan is going to hold an electronic town hall meeting tomorrow with employees to try and talk the snowflakes away from jumping off the climate ledge.
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It’s becoming increasingly apparent that there’s a whole bunch of people in our energy-climate discussion who just won’t accept what can only be described as obvious and undeniable facts. What are those facts? Fossil fuels supply 80% of the world’s energy and about 80% of the energy consumed in the U.S. Without fossil fuels, it would be impossible to build and maintain so-called renewable energy and electric vehicles. This is an indisputable fact. Yet the uninformed insist that we can dump the production of fossil fuels now if we only had the will. They are WRONG.
MARCELLUS/UTICA REGION: Manchin trails Justice by 13 points in new WV Senate poll; Columbia Gas temporarily halts service for nearly 4,000 Pittsburgh-area residents; OTHER U.S. REGIONS: Tellurian requests 3 more years to finish Driftwood LNG; NATIONAL: More infighting at Sierra Club; New golden era for natgas storage looms as demand, rates rise; Doubts around shale response to high prices re-emerge; BlackRock clients pull $13 billion from long-term funds.
Explosive news from the Pittsburgh Business Times about the ill-fated plan by Pennsylvania to try and attract one of 6-10 regional hydrogen hubs to the state. As we told you yesterday, according to Reuters, PA’s application to score a government grant for a hydrogen hub, called the Decarbonization Network of Appalachia (DNA H2Hub), was passed over in favor of West Virginia’s plan called the Appalachian Regional Clean Hydrogen Hub, or ARCH2 (see 
We finally have some good news to share concerning Columbia Gas’ project to build a tiny 3.37-mile, 8-inch pipeline under the Potomac River from Maryland to West Virginia. The project, called the Eastern Panhandle Expansion, has been blocked repeatedly by leftwing wackos in Maryland (see 
Amid the good news today of court and legislative victories for pipeline projects that will flow more Marcellus/Utica molecules, we have the sad news that Competitive Power Ventures (CPV) has, after more than five years of trying, pulled the plug on a project to build a second power plant next door to an existing power plant in Woodbridge, NJ. Eco-narcissists are rejoicing that NJ residents will go without power during extreme weather events and on the hottest and coldest days of the year. Nice folks, those people who “care” so much about the climate (but don’t give a fig about people).
In May, MDN brought you the sad news that New York State has fallen and is now under a Communist dictatorship, with the freedom to choose energy sources now gone (see 
In April 2022, MDN told you about Nopetro LNG’s plans to construct and operate as many as three liquefaction trains in Port St. Joe, Florida, that would liquefy up to 3.86 billion cubic feet (Bcf) per year of natural gas for export and delivery to markets in the Caribbean, Central America, and South America (see 
New shale permits issued for Oct 2 – 8 in the Marcellus/Utica were the same exact number as those issued the previous week. But wow, was there a shift in where they were issued! There were 23 new permits issued last week. Last week’s permit tally included a pathetic 4 new permits in Pennsylvania, 1 new permit in Ohio, and a whopping 18 new permits in West Virginia (after WV issued 13 the week prior). Antero was the top recipient, receiving 11 permits across two counties in WV: Doddridge and Wetzel. HG Energy received 7 permits in Lewis County, WV.
OTHER U.S. REGIONS: Pioneer’s Sheffield caps career with $151MM Exxon payday; NATIONAL: Lawmakers probe Sher Edling re undisclosed advisers; EIA expects most U.S. households will spend less on energy this winter; Natural gas needs to climb mid-$3 wall to sustain rally; What ExxonMobil’s merger with Pioneer means for U.S. shale.
We have some exciting news to share! Yesterday, we told you that super secret sources whispering to Reuters say the Bidenistas will announce, on Friday, the winners of $7 billion in grant money to construct hydrogen hubs around the country (see 
In early August, MDN told you about trouble brewing along the Gulf Coast between Venture Global LNG and its biggest customers: BP, Shell, Edison International (an Italian utility company), Repsol, and GALP Energia. Venture Global is building the Calcasieu Pass LNG export facility in southwestern Louisiana’s Cameron Parish, less than 50 miles south of Lake Charles. We suspect Marcellus/Utica molecules flow to the facility, hence our interest. While Venture Global is still working on completing Calcasieu Pass, it has, so far, already shipped over 200 cargoes of LNG, much of that during the mega-high prices of last year when the Russia/Ukraine war was at its peak. Yet none of those cargoes have gone to the facility’s contracted customers, which have sued Venture Global (see 
The left always twists language in its attempt to push its ideology and agenda — even in Christianity. The Pennsylvania-based Evangelical Environmental Network (EEN), during its 15-year history, has supported every far-left environmental regulation proposed by the Democrat Party and has criticized every conservative, Republican energy plan that allows for fossil energy to flourish in the Keystone State. That’s been our observation. They call themselves “Evangelical,” which is supposed to mean sticking to the teachings of the Gospel of Christ. Somehow, they twist the word Evangelical into worshiping the mythology of man-made catastrophic global warming. They claim it is “creation care” to aggressively address global warming using anti-capitalist Marxist political ideology, like supporting the Regional Greenhouse Gas Initiative (RGGI), an onerous carbon tax aimed at killing off gas-fired power plants.
The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. As we told you two weeks ago, Enbridge is conducting an open season to gauge interest in expanding Algonquin’s capacity to flow more gas into New England — mainly from the Marcellus/Utica — called Project Maple (see 
Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Last month, the report predicted new all-time highs for natural gas production in 2023 (see 
Norwegian company DNV operates as a quality assurance and risk management company. It offers supply chain, data management, technical assurance, software, and advisory services. DNV recently published its annual Energy Transition Outlook 2023 (copy below). DNV’s predictions are somewhat shocking. The company is a global warming Kool-Aid drinker, believing we’ll all toast if we don’t “transition” away from burning fossil energy by 2050. Yet DNV’s report shows that it thinks by 2050, the world will still generate roughly half of all energy used from fossil energy. Today, roughly 80% of all energy comes from fossil energy. The CEO of DNV says this about so-called renewable energy: “Globally, the energy transition has not started, if, by transition, we mean that clean energy replaces fossil energy in absolute terms.” The report says the so-called energy transition from fossil energy to renewables is “still at the starting blocks.” Sobering honesty from a leftist source.