Add Virginia to the list of states refusing to invest in companies and investment funds that push so-called ESG investing. Virginia Attorney General Jason Miyares issued an official Attorney General’s Opinion on the permissibility of basing Virginia Retirement System (VRS) investment decisions on environmental, social, and governance (ESG) criteria. The Opinion confirms that the VRS…
Read More...According to an analysis by Reuters, U.S. electricity generators consumed a record amount of natural gas in the first four months of the year as prices dropped to the lowest level in real terms for more than half a century. Ultra-low prices encouraged more power production from some of the least-efficient single-cycle gas and steam…
Read More...de facto gas stove ban from Bidenistas In January 2023, the hard-left Bidenistas who control the U.S. Consumer Product Safety Commission (CPSC) floated a trial balloon that they want to ban natural gas stoves, forcing you (if you have one) to replace it with an electric stove at the cost of around $1,400 (see Bidenistas…
Read More...The 295-mile Portland Natural Gas Transmission System (PNGTS) spans New England from the Canadian border to pipeline connections in New Hampshire, Maine, and Massachusetts. The system began operations in 1999 and is located between three major pipeline networks originating in Canada and the U.S. TC Energy owns 61.7% of PNGTS. The remaining 38.3 percent is…
Read More...With the presidential election only 80 days from now, the money coming from Washington, D.C. to swing states like Pennsylvania is flowing like a river, as we told you yesterday (see Convenient Timing: Biden-Harris Promise Pa. Another $152 Million). The orders have gone out to get this money (or rather, the promise of this money)…
Read More...At a packed meeting in May, the Indiana Township (Allegheny County, PA) Planning Commission voted unanimously (4-0) to delay a decision on rezoning a 59-acre parcel along Route 910 from office/commercial to light industrial — which would allow gas drilling on the site (see Indiana Twp, PA, Postpones Rezoning to Allow Drilling Near Rt. 910)….
Read More...Over the past seven-plus years, BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu (96% owned by Banpu, Thailand’s largest coal mining company), has become one of the top 20 gas-weighted natural gas producers in the U.S. BKV originally entered the American shale sector by investing $500 million in 2016-2017 to buy existing Marcellus…
Read More...America’s natural gas and oil industry announced “a landmark partnership” in late 2017 called The Environmental Partnership to “accelerate improvements to environmental performance in operations across the country” for lowering methane emissions (see NatGas, Oil Industry Partnership to Accelerate Methane Reductions). The group, which includes most Marcellus/Utica drillers and pipeline companies, just released its sixth…
Read More...Kamala “The Cackler” Harris The Cackler (Kamala Harris) will be in North Carolina today, delivering a speech on her economic views and how she plans to fix the economic mess her administration has made over the past four years. She and her obedient mainstream media lapdogs will try to convince you she has changed. She…
Read More...In early 2018, the Pennsylvania Dept. of Environmental Protection (DEP) collected a whopping $1.7 million fine from Energy Corporation of America (ECA) for violations at 17 well sites in Cumberland, Jefferson, and Whiteley Townships in Greene County, and Goshen Township in Clearfield County (see Energy Corp of America Fined $1.7M for Drilling Violations in PA)….
Read More...CNX Resources released its first Radical Transparency™ assessment report yesterday. The initial results of nine months of continuous air emissions monitoring at natural gas well sites and compressor stations in southwestern Pennsylvania indicate that CNX natural gas development poses no public health risk. Period. The data is collected and disseminated to the public by an…
Read More...We spotted some news that, on the surface, may not appear to be connected to the Marcellus/Utica, but we think it is. The Canada Pension Plan Investment Board (CPP Investments) is investing approximately $843 million (CAD 1.2 billion) in Denver, Colorado-based Tallgrass Energy. CPP is a major investor in the Utica Shale (via Encino Energy),…
Read More...We first told you about a frac sand company called Smart Sand some 12 years ago (see Smart Sand Lands Big Name for Board of Directors). Smart Sand, headquartered in Yardley, PA, is a supplier of industrial sand, primarily serving customers in the oil and gas industry, including drillers in the Marcellus and Utica Shale…
Read More...LS Power, headquartered in New York City, has developed or acquired 47,000 megawatts (MW) of power generation, including utility-scale solar, wind, hydro, battery energy storage, and natural gas-fired facilities. We’ve previously mentioned LS Power in a number of MDN articles (see our LS articles here). In April, Bloomberg reported that LS was actively shopping a…
Read More...In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys…
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