Shale-Killing Biden Methane Tax Will Cut 90K Jobs, $9B from GDP
The American Exploration & Production Council (AXPC), which represents major oil and gas companies across the country, including many of the top producers in the Marcellus/Utica, is sounding the alarm that Joe Biden’s massive multi-trillion dollar reconciliation bill will destroy 90,000 jobs in the O&G industry and trim $9 billion out of the country’s Gross Domestic Product (GDP). The Democrat Party aims to destroy fossil fuels and the $3.5 trillion (or $1 trillion or whatever it ends up being) so-called reconciliation bill is designed to do just that.
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Brian Anderson is director of the National Energy Technology Laboratory (NETL) and now the head of the Biden administration’s Interagency Working Group on Coal and Power Plant Communities and Economic Revitalization, an effort to kill the use of fossil fuels (see 
MARCELLUS/UTICA REGION: Why do Pennsylvanians pay higher price for energy?; Attacking energy industry means more inflation, higher gas prices for OH families; NATIONAL: Bill would reverse Biden’s unconstitutional vaccine mandate; Manchin clashes with fellow Democrats over fossil-fuel demands; Fossil fuel demand shakes off pandemic in blow to climate fight; Winter is coming: can energy catastrophe be averted?; INTERNATIONAL: U.S., international gas markets strap in for wild winter ride.
In July 2018, a group of 100+ southwestern Pennsylvania landowners sued EQT for failure to pay them rental fees for storing natural gas under their properties (see 
Our federal government is out of control under the doddering Joe Biden and those who pull his strings. Earlier this month Biden directed the Occupational Safety and Health Administration (OSHA) to impose a mandate on all employers with 100 or more workers that forces employers to either ensure workers are vaccinated against COVID-19, or tested weekly. This kind of government coercion is not acceptable. It’s having a big impact on the oil and gas industry where vaccination rates are lower than the general population.
Imagine Hershey Park getting fined for smelling like a Hershey’s chocolate bar. Or Starbucks getting fined because the businesses next door can smell the coffee. The Shell cracker plant is getting fined for smelling like…maple syrup? Last week residents in several Beaver County, PA municipalities neighboring the Shell ethane cracker complex reported smelling something like a strong whiff of maple syrup. Shell immediately hired a third-party investigator and believes they now know what caused the smell.
In May MDN told you about one of the oddest combinations in recent memory–the merger of Permian oil driller Cimarex Energy with Marcellus gas driller Cabot Oil & Gas (see 
Reuters is reporting Chesapeake Energy has decided to elevate Domenic Dell’Osso Jr., the company’s Chief Financial Officer (CFO), to become the next Chief Executive Officer (CEO). Dom has been with the company, as its CFO, since 2008 when Aubrey McClendon was CEO. As near as we can tell Dom is the only surviving senior management person left in the company from the McClendon and follow-on Doug Lawler years.
In August the Virginia Dept. of Environmental Quality (DEQ) issued a draft Section 401 of the federal Clean Water Act permit that would approve plans to let the 303-mile Mountain Valley Pipeline (MVP) finish its work in the state (see