Congressional Antis Ask FERC to Clamp Down on High O&G Prices
“Anti” in MDN’s parlance means “anti-fossil fuel.” Being anti-fossil fuel is a wholly insane philosophical position to take, yet many in the Democrat Party have taken that position. (Yes, we’re calling some Democrats insane.) People like Sen. Elizabeth “Pocahontas” Warren, Sen. Ed “Lackey” Markey, and Sen. “Crazy” Bernie Sanders, and others in Congress, bash away and demand the end of fossil fuels. Yet those same antis who demand an end to fossil energy have just sent a letter to the Federal Energy Regulatory Commission (FERC) demanding FERC do something to lower the price of oil, natural gas, and electricity in their blue states. Why? Because they don’t want to be voted out of office for their obviously failed policies.
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NATIONAL: U.S. LNG feedgas demand looks primed to build on record highs; INTERNATIONAL: Shell says trading results in gas stronger; Analyst releases latest multi-year oil price forecast; Gas ships divert from China to Europe.
Olympus Energy (formerly Huntley & Huntley) drills in the Greater Pittsburgh region, in Allegheny and Westmoreland counties. In 2021 Olympus filed an application to build a new well pad in a rural part of Allegheny County, in West Deer Township. So-called “concerned citizens” got amped up to oppose the project (see 
Pennsylvania permits to drill new shale wells hit a 13-year low in November 2021 (see 
Rising Phoenix Royalties (RPR) announced it has purchased the future royalty payments from a landowner in the Marcellus Shale, in Washington County, PA. This latest purchase by RPR covers 98 acres drilled under by Range Resources. This is not the first RPR transaction we’ve reported on.
The Ohio Oil and Gas Energy Education Program (
Since early 2015 (seven years ago!) we’ve been tracking stories about various proposals to build Marcellus gas-fired power plants in the Mountain State (see 
In December a jury in Ritchie County, WV awarded the county’s Economic Development Authority (EDA) nearly $1 million in damages in a trespassing case. The case is complicated, but at its heart is the issue of a Marcellus-focused company, Ronald Lane Inc., and land Lane deeded to the local EDA. A lawsuit against Lane alleged the company leased the deeded land for “oil and gas purposes” (to Columbia Gas as a heavy equipment storage facility) and that Lane never told the EDA about the lease nor shared the profits received from that lease.
The Biden-controlled Federal Energy Regulatory Commission (FERC) has rubber-stamped a request by regional electric grid operater ISO New England to cancel a contract with the proposed Killingly Energy Center, a 650-megawatt, gas-fired plant slated to be built in eastern Connecticut. FERC effectively killed Killingly. ISO New England said Killingly would not get built in time to fulfill a previous power agreement it had signed. The reason for the delays? Vicious attacks by anti-fossil fuel fanatics, particularly the odious nutters of the Sierra Club. It’s quite a game antis run. They slow down and delay a project with multiple frivolous lawsuits, then get it canceled because it’s slowed down and delayed.
We hope the current and future teachers who get a pension from the New York State Teachers’ Retirement System enjoy getting less money in their golden years. Pension payments for teachers are about to go DOWN because the people managing their retirement investments have decided to divest from fossil fuel companies. Translation: The Retirement System portfolio will take a major financial hit (i.e. won’t be as profitable). The Retirement System is about to flush pension money right down the toilet.
Five Chinese researchers recently published a study in Springer’s Environmental Science and Pollution Research International journal that claims to have identified environmental and health threats in unconventional oil and gas by analyzing old compliance reports from the Pennsylvania Dept. of Environmental Protection. The study claims to have found problems with erosion and sedimentation issues and with water pollution issues. Their conclusion is that PA fines aren’t high enough to change the bad behavior of shale drillers.