PA Joining RGGI Carbon Tax Will Result in Texas-Style Blackouts
You have to hand it to Pennsylvania State Sen. Gene Yaw, he sure knows how to set off the crazies in the Keystone State. Yesterday Yaw issued a fantastic op-ed saying if Gov. Wolf gets his bizarre Regional Greenhouse Gas Initiative (RGGI) carbon tax adopted, Pennsylvanians can look forward to power outages like those recently experienced in Texas, which happened in large part because of the failure of “renewable” energy sources like windmills. Yaw’s comments have the lefties yammering away to “correct” Yaw’s non-standard and non-approved speech.
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All three M-U states received permits to drill new shale wells last week. Pennsylvania received 10 new permits. Ohio received 6 new permits. And West Virginia received 3 new permits.
MARCELLUS/UTICA REGION: Temps fall, but Western Pa. power plants, gas lines built to operate during big chills; OTHER U.S. REGIONS: Annapolis leaders admit activist group convinced city to file climate lawsuit; Uri scrambles Gulf Coast gas flows, briefly shuts off Texas LNG feedgas; Texas freeze raises cost of charging a Tesla to $900; California and Texas vie to be America’s hydrogen capital; NATIONAL: The battle over climate change is boiling over on the home front; Survey calls for second-ever US natural gas storage draw above 300 Bcf; GOP Senator grills Biden Interior nominee on O&G industry: Why not just let these workers keep their jobs?; INTERNATIONAL: Panama Canal weighing additional compensation for canceled LNG bookings.
As we reported in January, Pennsylvania Gov. Tom Wolf (Democrat) has, for the seventh year in a row, introduced a Marcellus-killing severance tax proposal as part of his annual budget proposal (see 
The official state bird for New York State is the tiny Eastern bluebird–no bigger than a chickadee. Here at MDN HQ, we maintain two bird feeders year-round in the front yard. We can remember only maybe 3-4 times over the years we’ve actually seen a bluebird at our feeders. The bluebird is one of our favorites because we see it so rarely. According to researchers at Penn State in State College, PA, loud noise from pipeline compressor stations has the ability to “diminish” the “reproductive success” of bluebirds and other songbirds. Who would even think to conduct such an experiment?
Researchers at the University of Illinois Chicago have discovered a way to convert methane into liquid methanol at room temperature. This is a big deal because methanol burns more cleanly (less carbon dioxide emissions) than burning methane (i.e. natural gas). Prior to this discovery by Chicago researchers, converting methane into methanol required a lot of heat and pressure that generates a significant amount of CO2 as a byproduct. There’s no real advantage to burning methanol created that way. This discovery sidesteps the heat and pressure needed to convert methane into methanol.
A massive bait and switch has happened, and dumbed-down Americans are falling for it. Once upon a time, the scaremongers in the environmental movement claimed the earth (due to mankind’s influence) was entering an Ice Age with global cooling. Then about 25 years ago Al Gore got on his high horse and became the prophet of doom for man-made global warming, making the claim the internal combustion engine was the worst thing ever to be invented (what a dope). The theory is that a buildup of carbon dioxide (which comes from your mouth every time you exhale, also comes from burning fossil fuels) is creating a big canopy around the earth, trapping heat and making temperatures rise. Except it isn’t actually happening, so the environmentalists changed the terminology from global warming to “climate change” and now claim every “extreme” weather event is the fault of climate change and caused by…yep, mankind.
Last November we brought you the news that PTT Global Chemical was changing the timeline (again) for a final investment decision (FID) to build a $10 billion ethane cracker plant in Belmont County, OH, this time to the middle of 2021 (see 
In January several Big Green groups, including the odious Sierra Club, asked the Democrat judges on the D.C. Circuit Court of Appeals to overturn a FERC order from last December that allows the 92% complete Mountain Valley Pipeline (MVP) to resume certain portions of construction (see 
There’s nothing like changing the rules of the game after the game is done and over. Sounds like something a petulant child would do, but in this case the petulant child is the Democrat-controlled Federal Energy Regulatory Commission (FERC) potentially rewriting rules (after the game was played) in an attempt to shut down a brand new, state-of-the-art, fully functional compressor station that’s delivering 133 MMcf/d (million cubic feet per day) of extra natural gas supply to New England and beyond. Welcome to the dystopian world of Joe Biden and Dick Glick.
Newly appointed Federal Energy Regulatory Commission (FERC) Chairman Richard “Dick” Glick continues to wreak havoc on the natural gas pipeline sector. Since he was first appointed by Donald Trump more than three years ago, Democrat Glick has voted against every new pipeline project to come before him. Now he wants to rewrite the rules so future FERC commissioners will be handcuffed, binding them to a policy that requires them to reject new pipeline projects long after Glick has exited stage left.
While the recent spike over the past week in natural gas prices was a fluke, an anomaly due to a rare snow and freezing cold event in the nation’s southwest and Midcontinent regions, the long-term price of natural gas has not moved all that much. The NYMEX futures prices for natgas month by month for the foreseeable future has stayed under or just above the $3/MMBtu mark. Yet we continue to see predictions of alarm that we’re heading for a natgas shortage and with it, a rise in gas prices.
It really is frightening how stupid some of our nation’s leaders really are. They don’t even understand basic economics 101 (they likely never took the class in college). Example: U.S. Sen. Tina Smith from Minnesota (Democrat) who wants federal regulators to investigate the recent spike in natural gas prices, which soared to record levels–into the hundreds of dollars per Mcf. Smith apparently doesn’t understand simple economics and the law of supply and demand.