News

OH Senate Passes Bill Extending Time Drillers Can Frack State Land

In something of a surprise (for us), the Ohio State Senate passed House Bill (HB) 308 yesterday, a bill that extends the standard lease terms for drillers who want to drill under (not on) state-owned land from three years to five years. The bill also extends the total amount of time fracking operations can last…

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$11B Power Line from Upstate NY Solar & Wind to NYC Canceled

For those unlucky enough to live in New York City and its sprawling suburbs, get ready for blackouts due to the lack of electricity. The state of New York and developers of the 175-mile Clean Path NY transmission line have “mutually agreed to terminate” contracts underpinning the project, which was planned to come online in…

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O&G Coalition Presses Speaker Johnson to Vote on Permitting Bill

In July, U.S. Senator Joe Manchin (West Virginia), the Democrat chairman of the Senate Energy and Natural Resources Committee, and Senator John Barrasso (from Wyoming), the ranking Republican member of the same committee, drafted and released the Energy Permitting Reform Act of 2024 (see Barrasso, Manchin Release Bipartisan Energy Permitting Reform Bill). The bill aims…

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New Jersey Readies Massive New Tax on Oil & Gas Facilities

You can’t fix stupid. You can only vote it out of office. From the outskirts of New York to the Delaware River shoreline across from Philadelphia, New Jersey is home to numerous oil and natural gas facilities. A New Jersey Senate committee is seriously discussing (planning) an insane new tax on those facilities as a…

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S&P 2025 Energy Outlook: Fossil Fuels Needed to Save the Day

Yesterday, the analysts at S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices, and workflow solutions for the commodities and energy markets, released their 2025 energy outlook. S&P published the top 10 “key themes” from the report. Key theme #2 was this: “Total energy demand growth to outstrip clean energy…

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U.S. Supremes Signal Willingness to Curb NEPA Enviro Reviews

On Tuesday, the U.S. Supreme Court heard oral arguments in a case that could fundamentally change how the federal government conducts environmental reviews. We first told you about the case last week (see U.S. Supremes to Consider How Far is Too Far with Enviro Reviews). The case deals with a proposed railway that would connect…

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Timing & Future of Venture Global’s CP2 LNG Project Murky

The timing (even the very future) for Venture Global’s proposed Calcasieu Pass 2 (CP2) LNG export plant is murky at best. The Federal Energy Regulatory Commission (FERC) in June issued a 2-1 decision to approve the project (see FERC Approves Expansion of Venture Global’s CP LNG Export Plant). However, the project is on hold (with…

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