Lunatics Set to Bash NatGas at FERC New England Forum Today
Perhaps it’s not polite to say so out loud, but anyone who says New England needs to end its reliance on natural gas used to produce electricity, with winter about to begin and unreliable renewables not capable of making up the shortfall, is a lunatic. The Federal Energy Regulatory Commission (FERC) is holding a forum today in Burlington, Vermont, to discuss New England’s electric grid. ISO-New England, the region’s grid operator, will argue that natural gas supplies and grid reliability go hand-in-hand. A group of lunatics, including the Northeast Clean Energy Council, will argue that natgas should be cut off, forcing the region to adopt other sources of electricity. To which we say, why don’t they go first? The lunatics advocating to cut off natgas should unhook themselves from the electric grid in the dead of winter and see how that works out for them. Show us how it’s done.
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MARCELLUS/UTICA REGION: Higher natural gas prices due to lack of infrastructure, Williams CEO says; Tim Ryan backing Manchin plan for expediting energy permits; OTHER U.S. REGIONS: ECONNECT picked as partner for New Fortress Energy’s FLNG projects; Top shale executive says U.S. oil output gains to disappoint; NATIONAL: Baker Hughes simplifies organization to enhance profitability; As natural gas prices jump, shale oil firms get gassy; INTERNATIONAL: Oil plunges to six month low amid demand concerns; Global scramble for LNG tankers likely to boost gas prices further.
The rumors were right. Yesterday we brought you the news (rumors), as reported by both Reuters and Bloomberg, that EQT Corporation was about to seal a deal to buy Tug Hill’s THQ Appalachia operation with major assets in West Virginia (see
Located in Lusby, Maryland, Cove Point LNG is the first major LNG export facility to locate on the East Coast. It is recognized as one of the most technically advanced and environmentally sensitive LNG facilities in the world. The Cove Point LNG Terminal has a storage capacity of 14.6 billion cubic feet (Bcf) and a daily send-out capacity of 1.8 Bcf. The owners/managers of Cove Point recently filed a preliminary request with the Federal Energy Regulatory Commission (FERC) to increase export capacity by an extra 20 million cubic feet per day (MMcf/d) by installing a small liquefaction unit to capture “boil off gas” the plant currently evaporates during normal operations.
U.S. Senator Joe Manchin, from West Virginia, traded away the future of the country by supporting the misnamed Inflation Reduction Act (the remnants of the Green New Deal) in return for finishing the 303-mile Mountain Valley Pipeline along with a few other concessions for the oil and gas industry (see
Three LNG export projects in the U.S. are now under (or are about to begin) construction, including Golden Pass LNG, Plaquemines LNG, and Corpus Christi Stage III. According to a chart provided by the U.S. Energy Information Administration (EIA), when those three new facilities come online by early 2026, the U.S. will be exporting some 20 Bcf/d (billion cubic feet per day) of American gas molecules. Cool!
Bridger Photonics, Inc. is headquartered in Montana. Bridger developed a methane detection technology that is used by at least two companies with major operations in the Marcellus/Utica. Bridger recently announced it had received a $55 million investment from Beaverhead Partners LLC, a Montana-based syndicate. The money will help the company to expand its reach.
Last week MDN told you that three radical environmental groups challenging an air permit issued by the Pennsylvania Dept. of Environmental Protection (DEP) for the Renovo Energy Center, a Marcellus-fired power plant in Clinton County, PA, won a partial summary judgment lowering the amount of sulfur dioxide (SO2) and volatile organic compounds (VOCs) the new plant can emit (see
The Pennsylvania Dept. of Environmental Protection (DEP) recently held two public hearings about a plan by the Westmoreland Sanitary Landfill in Westmoreland County, PA (southwestern corner of the state, near Pittsburgh) to build a gas-fired leachate evaporator. Leftist anti-drillers showed up to bash the proposal citing the landfill accepts shale waste, claiming the leachate is radioactive because of the shale waste and will contaminate everything if it’s burned. DEP plans to approve the temporary operation of an evaporator for 180 days to process 45,000 gallons of leachate per day.
The left finds the most devious ways to sink their claws into the fabric of American society and force it to conform to their twisted worldview–like using an obscure regulation promulgated by the U.S. Environmental Protection Agency (EPA). In February 2022, the EPA announced a “minor” change to a regulation governing gas-fired turbines under the National Emission Standards for Hazardous Air Pollutants (NESHAP), a framework in place since 2004. At first glance, the EPA’s announcement seems to be a minor update to a highly technical rule. However, a careful examination of the list of impacted units reveals that the change in enforcement framework could have significant impacts on both supply and demand dynamics in natural gas markets in the U.S. and beyond, affecting LNG exports, gas-fired power plants, and gas transmission and processing infrastructure (pipelines) in particular.
It’s already that time of year again!
Every now and again, we come across someone who is willing to risk their career by openly admitting the truth. This time that brave soul is Russell Johns, the George E. Trimble Chair in Energy and Mineral Sciences at the John and Willie Leone Family Department of Energy and Mineral Engineering at Penn State University. In a letter to the editor published in the student-run Penn State Daily Collegian, Johns points out that when considering the intense mining operations needed to harvest materials used in solar and wind technology, and the shipping associated with those materials, etc., solar and wind actually have a *bigger* carbon dioxide footprint than does using natural gas. In other words, natural gas is greener than wind and solar!