Duke Energy Making “Plan B” if Atlantic Coast Pipe Doesn’t Happen
When we spotted a headline about Duke Energy, joint venture partner with Dominion Energy in the 600-mile Atlantic Coast Pipeline (ACP) project, investigating “Plan B” for what to do if ACP doesn’t get built, we thought, “Oh oh. This is a sure sign the project is in trouble and the principles are giving up.” But we should have known–it’s Bloomberg! It’s Biased news with a capital B.
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Andrew Cuomo, contrary to the picture he attempts to paint for gullible voters and the even more gullible mainstream news reporters, is a very weak “leader.” In what has become an identifiable pattern, when Cuomo is put under pressure by the fringe left environmental lobby, he folds to that pressure like a cheap suit. Totally gives in and accedes to whatever weird demands they make–like no new gas pipelines. Even when it economically hurts the state.
If you’ve hung around MDN for long and read our posts on the U.S. Energy Information Administration’s (EIA) monthly Drilling Productivity Report (DPR), you’ve come across talk about DUCs–
The International Energy Agency has just released its latest assessment of global energy consumption and energy-related CO2 emissions for 2018. The “Global Energy & CO2 Status Report” (full copy below) provides a high-level and up-to-date view of energy markets, including latest available data for oil, natural gas, coal, wind, solar, nuclear power, electricity, and energy efficiency. The big winner in 2018 across Planet Earth? Natural gas.
MARCELLUS/UTICA REGION: The oil and gas industry future is bright in WV; Pa. natural gas fees already helping state; EQT Foundation gives record total in 2018; Gas industry pays for road repairs related to drilling, leader says; OTHER U.S. REGIONS: Energy Transfer, Shell sign agreement to further progress Lake Charles U.S. LNG; Texas needs another 10,000 miles of gas, oil pipelines by 2050: study; NATIONAL: Feds use climate alarmism to brainwash our children; Power sector pushed domestic U.S. natural gas consumption to new record in 2018; Research finds US shale revolution is responsible for saving tens of thousands of lives every year; Technology is a huge driver of the U.S. oil and gas boom.
How many times will Pennsyvlania voters (voters in general across the U.S.) continue to fall for the same old Democrat lies? “All it takes is more money. We’re almost there. Raise XYZ taxes [like a new 4.5% “severance” tax in PA] and we’ll have it. That will cure [fill in the blank]…lead problems in schools, hunger, heck, it might even cure cancer!” That’s the line of bull being fed by PA Gov. Wolf to (really stupid and gullible) Pennsylvanians about the need for a Marcellus-killing severance tax.
You can “hear” the indignation in the Philadelphia Inquirer article. Mariner East 2 (ME2) Pipeline, which (according to antis) shouldn’t be allowed to continue their construction activities, is not only continuing said activities in Chester County, PA, ME2 is going to put a pipeline right through the middle of a (gasp) girl’s softball field! When the season is just about to begin. HOW DARE THEY?!
Here’s a story we found interesting–about landowners in western New York who had leased their land for a wind farm. The company that owns the wind farm had a dispute with a contractor helping to build it, and the contractor sued–the landowners! Sound familiar?
The latest edition of the MDN Weekly Digest is now ready. The digest is the meat and “essence” of each story for all posts appearing on the MDN website during the past week, collected in a single PDF document capable of being downloaded and printed. The Weekly Digest is available to paying subscribers only as part of your 
A full-blown war is on for the future of EQT. Yesterday Toby and Derek Rice released a proposed slate of EQT board members they want elected at the next annual meeting on July 10th. They propose replacing all existing board members–except for their brother Dan. The Rice boys say it’s necessary to have a board who is “with it” (our words) and will back up Toby and Derek as they take control of the company. On the other hand, current EQT board chairman Jim Rohr and board member/CEO Rob McNally are pushing back. It’s a fight to the “death” (figuratively speaking).
Some major news coming from yesterday’s Utica Midstream conference held in North Canton, Ohio. A rep from Marathon Petroleum (which is based in Ohio) told conference attendees his company is contemplating building an underground NGL storage facility in Harrison County, OH–to store ethane, butane and propane.