FERC Facing Fervor of Anti-Drillers as Efforts Persist to Stymie Pipeline Projects

By -
From EcoWatch:
“This Constitution pipeline is about enriching a few billionaires by impoverishing the people of New York State,” Robert F. Kennedy, Jr. told Ed Schultz on MSNBC’s The Ed Show. “And the bullying that we’ve seen go along with this, the corruption—FERC is really a rogue agency, it’s a classic captive agency, it issued this permit illegally.” 
A popular movement is building against the Federal Energy Regulatory Commission (FERC), for its outrageous rubber-stamping of permits for expansion of the gas industry. Kennedy’s powerful indictment of FERC on national television last week was the latest manifestation of this hopeful, much-needed development. 
Kennedy was speaking about the Constitution pipeline, one of about eight interstate pipelines originating in or going through Pennsylvania (ground zero for fracking in the Northeast) that are currently in some stage of getting approval from FERC, which interstate gas pipelines need to do. And the approval process is essentially pro-forma. In the two and a half or so years that I’ve been actively involved with this movement, I know of none proposed that have been rejected. It’s the same with proposed export terminals. At a federal Court of Appeals hearing last year in Washington, DC it was stated in open court that 95 percent or more of such proposed pipelines are approved, with no disagreement from the FERC lawyers present. 
Some of the other pipelines which FERC will likely approve—barring the kind of organized people’s uprising we have seen around the Keystone XL pipeline—are: Penn East, Mariner East 2, Atlantic Sunrise, Atlantic Coast, Algonquin Incremental Market and Northeast Energy Direct.
Read more by clicking here. 


Connect with us on Facebook and Twitter!

Popular posts from this blog

Fracktivist in Dimock Releases Carefully Edited Video, Refuses to Release the Rest

By -
Image
From Energy in Depth: There is something very strange going on along Carter Road, in Dimock, Pennsylvania, and I’m not speaking of natural gas, methane migration, contamination, litigation or even the extensive water testing there by the EPA and others.  No, I’m talking about a new “Watergate” conspiracy, complete with 18 minutes of missing tape (well, video, actually). It seems the ever-present Green Party member and  naturist   Vera Scroggins  (a/k/a  Vera Duerga ) has posted a video of Craig Sautner meeting with the EPA.  Mysteriously, the video is but 14 seconds in length, cutting off conversation in what is obviously mid-stream.  It raises a question Craig Sautner, like  Ronald Reagan in Kings Row , might have asked, “Where’s the rest of me?’  Carter Road, isn’t Kings Row, of course, (at least not until you arrive at  the mansion Scott Ely, one of the Dimock litigants, is building with his royalty money ), but there appears to be...
Read more

The Second Largest Oil and Gas Merger - Cabot and Cimarex

By -
Image
       Due to investor pressure, the U.S shale drillers are being pushed to improve financial and operational performance after a few years of poor returns. Even though the industry has improved its numbers, when compared to last year, investors still want more to be done for them to earn more money.      That's why two mid-tier shale drillers, Cabot and Climarex, have decided to merge in order to eliminate $100 million in annual costs, which means more money for the investors. This all-stock transaction is valued at about $7.4 billion, which is relatively high for the oil and gas sector.      The new entity will be renamed and the headquarters located in Houston, Texas. Cabot shareholders will own 49.5 percent of the new entity, and Climarex the rest.       The Cimarex-Cabot merger will address the investor's demand for a higher amount of returning cash. The initial plan is to pay a 50-cent-per-share special dividen...
Read more

Do You Know The History of Fracking?

By -
Image
  In 2018, 59% of total oil production in the U.S came from hydraulic fracking, which means it accounted for more than two-thirds of domestically manufactured gas. By 2024, fracking will reach an astounding $68 billion market value! Of course, fracking is not a new drilling method as you can trace it back hundreds of years. That's why we want to consider the history of hydraulic fracturing (fracking). We will be stating historical facts about it and focusing on the major historical occurrences that have influenced modern-day fracking. Pre-Fracking Days The idea of fracking started back in 1862 when Edward A.L. Roberts (Civil War veteran) witnessed Confederate soldiers exploding artillery rounds into a canal that obstructed a battlefield. At the time, Edward A.L. Roberts called it superincumbent fluid tamping. On April 26th, 1865, Edward A.L. Roberts began experimenting with exploding torpedoes, which consisted of lowering a torpedo containing an amount of powder from fifteen to tw...
Read more