The New York Times descends even deeper into self-parody with its ongoing crusade against natural gas development. Thursday’s installment: Rush to Drill for Natural Gas Creates Conflicts With Mortgages It seems that some mortgage lenders are beginning to balk at lending money secured by real estate if said real estate is under development for natural gas. A credit union in upstate New York has started | Read More »
The states of New York and Pennsylvania have clearly divergent approaches to energy policy. New York is a long-time producing state which shares with its neighbor Pennsylvania the Marcellus Shale as an exciting resource with seemingly unlimited potential. Drilling has encountered roadblocks in New York, while next door, Pennsylvania is enjoying a boom of investment, good paying jobs, and mineral income for its citizens. On | Read More »
Noted energy expert, environmental Luddite and hypocrite Robert Kennedy, Jr., aims to stymie natural gas drilling in New York State by hyping unrealistic and irrational fears of environmental contamination. At issue is the method used to stimulate production in gas wells known as hydraulic fracturing, or “fracking”. Truth be told, Kennedy and the greenies would find something objectionable in anything an energy company would propose. | Read More »
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