Wednesday, April 8, 2015

O&G Investors Predict Cancellation of Most Proposed U.S. LNG Export Terminal Projects Due to Low LNG Prices

There are two extremely important - and very revealing points this article brings out.

1) "Greenfield projects on undeveloped property are much more expensive, involve more construction risk, and take longer to build than brownfield projects, which re-purpose existing LNG re-gasification sites. Greenfield projects are also frequently challenged by local opposition and occasionally by untested laws and regulations." 

*Meaning: local grassroots resistance is having an impact

 2) "China will be the biggest variable and most important driver of global LNG in that time frame. India will see rapid growth, but not be as big of a player as China. Other more mature LNG markets in Japan, South Korea and Europe, which represent the bulk of demand, will have flat growth". 

*Meaning: "US energy independence and lower consumer energy costs" where never the real end goals. - JT

Moody's Predicts Cancellation of Most Proposed U.S. LNG Export Terminal Projects Due to Low LNG Prices

Posted by Sutherland LNG on Apr 7, 2015 in Liquefaction, LNG Exports, Markets and Competition | 0 comments

Moody's Investor Service has released a new report "Lower Oil Prices Cause Suppliers of Liquefied Natural Gas to Nix Projects," which predicts that low LNG prices will result in the cancellation of most of the gas liquefaction and export terminal projects currently proposed in the United States and Canada.  The report also predicts that such projects "already under construction [worldwide] will continue as planned, which will lead to excess liquefaction capacity over the rest of this decade."  Read more in the press release.


 
 
 
 Announcement: 

Moody's: Liquefied natural gas projects nixed amid lower oil prices

  The document has been translated in other languages
 
 
 
Global Credit Research - 07 Apr 2015
 

New York, April 07, 2015 -- Liquefied natural gas (LNG) suppliers are curtailing their capital budgets, amid low oil prices and a coming glut of new LNG supply from Australia and the US, Moody's Investors Service says in a new report, "Lower Oil Prices Cause Suppliers of Liquefied Natural Gas to Nix Projects."
Moody's says low LNG prices will result in the cancellation of the vast majority of the nearly 30 liquefaction projects currently proposed in the US, 18 in western Canada, and four in eastern Canada.
"The drop in international oil prices relative to US natural gas prices has wiped out the price advantage US LNG projects, reversing the wide differentials of the past four years that led Asian buyers to demand more Henry Hub-linked contracts for their LNG portfolios," says Moody's Senior Vice President Mihoko Manabe.
However, projects already under construction will continue as planned, which will lead to excess liquefaction capacity over the rest of this decade. Notably, through 2017, Australia will see new capacity come online from roughly $180 billion in investments, which will result in a 25% increase in global liquefaction capacity. Likewise, the US is poised to become a net LNG exporter after the Sabine Pass Liquefaction LLC (Ba3 stable) project goes into service in the fourth quarter of 2015.
Moody's expects Cheniere Energy's Corpus Christi project will be the likeliest project to move forward this year, since it is among the very few projects in advanced development that have secured sufficient commercial or financial backing to begin construction.
Lower oil prices will result in the deferral or cancellation of most other projects, especially this year. While some companies like Exxon Mobil Corp. (Aaa stable) can afford to be patient and wait several years until markets are more favorable, most other LNG sponsors have far less financial wherewithal, and some may be more eager to capitalize on the billions of dollars of upfront investments they have made already, sooner rather than later.
 Greenfield projects on undeveloped property are much more expensive, involve more construction risk, and take longer to build than brownfield projects, which re-purpose existing LNG regasification sites. Greenfield projects are also frequently challenged by local opposition and occasionally by untested laws and regulations. Based on the public estimates of companies building new LNG liquefaction capacity, the median cost to build a US brownfield project is roughly $800 per ton of capacity, compared with the more advanced Australian greenfield projects, now estimated at around $3,400 per ton.
Through the end of the decade, Moody's expects LNG demand will grow more slowly versus supply. China will be the biggest variable and most important driver of global LNG in that timeframe. India will see rapid growth, but not be as big of a player as China. Other more mature LNG markets in Japan, South Korea and Europe, which represent the bulk of demand, will have flat growth. 
The report is available to Moody's subscribers at URL:

Friday, March 27, 2015

Is the Marcellus Shale Boom Over? - We can only hope!



George Stark, of Cabot Oil and Gas, LLC, like most of the other company officials in charge of Marcellus operations in PA, like to talk about the "vast quantities of natural gas in the Marcellus". What they seem to consistently fail to mention is that only 10% is economically recoverable. 

Shale formations are notoriously short-lived with a life span of 7 to 10 years, in comparison to 'conventional' oil and gas wells which can have a life-span of up to 100 years. Unfortunately, we depleted the conventional oil and gas reserves in a little more than 100 years, and the shale oil and gas... or as it's sometimes referred to "tight oil" or "tight gas" is all that;'s left, and what some call, "the last days of the petroleum age".

The Barnett Shale play is a perfect example being nearly depleted after only 8 years. 

To make the point, I refer to the industry's own information published in the Oil and Gas Journal in 2012 
 
What part of a “boom/bust” cycle don’t people understand? This industry has always been a classic “boom/bust” operation. This state was foolish to ever think this would last “for decades”. The sad reality is, that so many people were willing to believe the industry’s ‘talking points’ of “energy independence, lower energy costs, and job creation”, that they failed to see the “big picture”, and now it’s getting too real to deny. They also didn’t take into consideration the massive jobs that have been lost in the once permanent industries that economic engines that have been the mainstay of PA for over a hundred years in: tourism, agriculture, forestry, recreation, new home construction, and the hardwood industry.
Anytime a region relies too heavily on a single industry for their economic security, when that industry finally moves on, their economy suffers greatly, and sometimes irreparably. Hence the term “boom/bust”.
The industry and the state have known this all along, but refused to publicly discuss it, and many of the people were too blinded by the “promise of wealth” to see the truth. 
The proof is in the Penn State “Marcellus Shale Workforce Needs Assessment” study that was conducted in 2011, and commissioned by the Corbett administration and the Marcellus Shale Commission. Below is an exact excerpt copied from that study that appears on page 22 of the report. You can see this for yourself by using this link: http://www.shaletec.org/docs/PennsylvaniaStatewideWorkforceAssessmentv1_Final.pdf
New York did the prudent thing by 1) waiting to see how things worked out in PA, 2) Conducting an independent public health study, and finally 3) banning this unsustainable unconventional drilling process. - JT
Drilling
 Phase 
Jobs 
vs.
Production 
Phase 
Jobs
:
The
 natural 
gas 
development 
process 
is 
such 
that 
a
 large 
proportion 
of 
the 
total 
industry
 workforce 
will

be 
required 
during
 the 
well
 drilling
 phase, 
while 
a
 small 
minority
of
 the
 workforce 
will 
be
 required
 for

the
 long‐term
 production 
phase.
 Pre‐drilling 
and 
drilling
 phase 
jobs 
are 
grouped 
together
 for 
purposes

of 
this 
section 
of 
the 
assessment.
Pre­-drilling 
and 
Drilling 
Phase 
Jobs:
The
 phase
 of 
natural 
gas 
development
 during 
which 
the 
natural 
gas 
wells 
are 
drilled 
and
 the 
associated

pipeline
 infrastructure 
is 
put 
into 
place
 is 
an 
extremely 
labor‐intensive
 process.
 
In 
actuality
 over 
98% 
of

natural 
gas 
exploration 
and 
development 
jobs
 are 
found 
in
 the 
pre‐drilling
 and
 drilling
 phase 
of 
bringing

a
 well 
into 
production,
 and 
this 
segment 
of 
the 
workforce 
will 
no 
longer 
be 
needed
 once
 the
 process
 of

drilling
 gas
 wells
 and
 affiliated
 infrastructure
 in
 an
 area
 is
 completed.
 In
 the
 oil
 and
 natural
 gas

industries,
 this
 drilling
 phase
 period
 is
 often
 referred
 to
 as
 “the
 boom”
 as
 vast
 work forces
 are
 often

suddenly
 required
 to
 perform
 tasks
 associated
 with
 natural
 gas
 development.
 Conversely,
 the
 drilling

phase
 can
 suddenly
 decline,
 which
 is
 often
referred
 to
 as
 the
 “the
 bust”.
 Given
 the
 level
 of
 mobility

required,
 many 
employees 
in 
the 
drilling 
phase 
of 
gas 
development 
maintain 
temporary 
residency 
in 
a

given 
area
–
such 
as 
in 
motels/hotels, 
RVs,
“man
camps”,
monthly 
apartment/house
leases,
etc.

No
 one
 can
 accurately
 estimate
 how
 long
 the
 drilling
 phase
 will
 last
 within
 Marcellus
 Shale
 or
 within

specific
 areas 
of 
the 
shale 
formation.

Friday, December 19, 2014

New York Bans Fracking. What About Pennsylvania?

Two points here that need to be understood and taken seriously in PA:

1) "Wolf’s spokesman Jeff Sheridan says the incoming governor continues to oppose a ban on fracking." 
Meaning he is committed to allow fracking to continue in PA.
2) “Governor-elect Wolf will work to strengthen the rules governing drilling, increase enforcement of the rules, hire more inspectors, and create a health registry to monitor health issues,” he wrote in an email."
*In other words, Wolf will allow PA residents to be used as 'lab rats and guinea pigs' as Wolf 'monitors' the already well documented health impacts in PA and other states. That is like saying, there is an acceptable number of people who will become seriously, chronically ill, and may even die, that is fair exchange for the tax revenue fracking may generate for the state. I submit that Wolf can not possibly "strengthen the rules governing drilling" when there is no regulatory model that exists anywhere that demonstrates that it can be regulated safely, and as history has taught us that whenever a state becomes dependent on an activity for tax revenue, enforcement becomes more lax in order to encourage more of that activity to generate more tax revenue. PA residents and activists need to wake-up and realize that their "seat at Wolf's negotiating table" is meaningless. At best it will result in more empty, feel-good, and toothless regulatory language intended to quell the growing resistance to unconventional oil and gas extraction and allowing it to continue as Wolf "monitors health issues" as more people, including our children, become seriously ill, and die.
*It's important to remember that Tom Wolf accepted $273,000 in direct "campaign contributions" from the oil and gas industry, and currently sits on the board of, and is a major shareholder in the IREX Corporation, a construction company that stands to profit by building the Keystone XL Pipeline, as does Tom Wolf personally. 
 
Wolf's *severance tax will not cost the oil and gas industry one dime as it will ultimately be passed on to the consumers in rate increases. What it will do is create a "cash cow" for the state to milk and become dependent upon as a source of revenue for "other programs" and essentially institutionalize unconventional oil and gas exploration, extraction, and development. Keep in mind, Wolf is first and foremost a "businessman", and as such, will do what he believes is necessary to generate more tax dollars. In order to accomplish that, we will soon see more regulations "on paper" and enforcement become even more lax than it already is. 

(*The Act 13 impact fees were not allowed by law to be passed on to the consumers and had to be absorbed by the industry, and would have expired over time. This rule does not apply to any severance tax which is in place forever.)
 
The ONLY way to stop this industry from advancing and expanding in PA is for the people to begin adopting "home rule charters" ASAP that will render weak and corrupt township supervisors powerless so communities can enact Community Rights based ordinances that will by-pass the ineffective regulatory agencies like the *DEP, the **EPA, and ***FERC making them irrelevant. 
 
(*The PA/DEP is funded by the PA Department of Oil and Gas whose operating revenue is generated from "permit fees" for oil, gas, and coal extraction. **The EPA is funded by congress, and congress is now funded by the energy industry lobbyists. ***FERC, the Federal Energy Regulatory Commission is NOT a true federal agency since they receive $0 in congressional funding, and 100% of their funding from the oil, gas, and coal industry, the very industry whose activities they are commissioned to "regulate"!
 
I would also like to point out that the job of "regulatory" agencies is to issue permits that will allow a measured destruction of the environment by simply attempting to control "the rate of damage", without controlling "the amount of damage" in order to allow destructive industrial activities to continue. 
 
It's the classic example of the "fox guarding the hen house", which is exactly how it is meant to be. The regulatory system has been designed to keep concerned citizens trapped inside the "regulatory box", navigating the rules that in most cases were written by the industry, implemented by agencies funded by the industry, and supported by politicians who are either deeply invested in, and/or stand to profit personally from the industry's continued expansion (like Tom Wolf), or reliant on "campaign funding" from the industry to get elected/re-elected (like Tom Corbett) and/or the corrupt pro-industry shills in both parties in the house and the senate whose "campaigns" were funded by the oil and gas industry. 

Wednesday, August 13, 2014

Benton resident Dean Marshall rightfully calls out Press Enterprize editor, Jim Sachetti

Dear Sir; 
The Editorial published 8-12-14 in PE has numerous factual errors and achieves a new low in  journalism.
It begins by labeling the "green" left as "irrational", "knee-jerk conservatives" with "closed minds", "leading any fair-minded observer to conclude that they did not feel the need to ascertain facts."   

I must conclude that you sir, are the epitome of the previous descriptions.  The commenters you have cited and who were named in the 8-7-14 article by your own Susan Schwartz, (Public decries pipeline plan), included Teachers, Healthcare workers, a Restoration Ecologist, a Professor with published works on Ecology, Local Residents, and concerned citizens of no particular Political Party, as you allude. We have taken the time to find the facts. We have attended these meetings and hearings for several years.  Were you at the FERC mtg. Mr. Sachetti, or did you arrive at your narrow-minded opinion based on the work of Ms. Schwartz?

Furthermore, the  fact that fracking, was "denounced", was and is Central to the Pipeline issue due to the fact that if FERC approves Williams plan as a "Public Convenience" it will grant Eminent Domain rights for the taking of Right of Way when the truth is that Williams fracking partners intended to fill this pipeline with a steady supply of Marcellus Gas for Export.  This is a known fact and the proof is readily available by reading the "Forward Looking Statements" on the Stock pages of Cabot, Range Resources, Anadarko, and all the other fracking Companies also listed by Williams as contracted customers for the 42" LNG Export Atlantic Sunrise Pipeline.
 
It seems that you, Mr Sachetti, have undermined your credibility by failing to do your homework, and disclosing your bias.  We do not feel that using any and all forums to educate the public so they can make an informed decision is "Grandstanding" as you put it.   Fracking for Unnatural Gas has become a huge investment and this project is aimed at making a huge return, by peddling it to Asia and thus raising the prices here.  So much for "Cheap, Abundant, American Energy Independence".  If these greedy corporations invested in Sustainable Energy development we "Greens" would not "behave badly".      
                                                                                                                       Dean H.Marshall
                                                                                                                       Benton,Pa

Thursday, July 24, 2014

Auditor general criticizes DEP oversight of shale gas industry and the DEP goes into damage control mode.

Auditor general criticizes DEP oversight of shale gas industry


By Laura Legere / Pittsburgh Post-Gazette

Read more: http://www.post-gazette.com/business/2014/07/22/Auditor-General-criticizes-DEP-oversight-of-shale-gas-industry/stories/201407220147#ixzz38M8yzkO9

MY COMMENT: This report serves to emphasize the immediate need for a statewide moratorium on unconventional shale gas drilling/high volume-slick water hydraulic fracturing (aka: fracking) until comprehensive independent public health and environmental studies can be completed, peer reviewed, and publicly discussed, and if these studies can not produce evidence that this extreme fossil fuel extraction process can be done safely, then it needs to be banned. PA ran recklessly head-on, with eyes closed into this development and rolled the dice on public health and safety, as well as our environment and they lost. Clearly, the PADEP is still woefully, if not willfully unprepared to manage, regulate, control, or even efficiently monitor this industrial practice, let alone protect the people in it's path. Last year, the democrat party of PA voted overwhelmingly in favor of a statewide moratorium. Unfortunately, only one democrat gubernatorial candidate was willing to support that resolution. Now, with the evidence revealed in the Auditor General's report, and the newly released documents that clearly state that the gas industry has damaged PA water supplies at least 209 times, and with at least 161 "documented" cases by the DEP of people's well water being contaminated from gas drilling - as discovered via a right-to-know request, and over a thousand more cases still being reviewed, the case for a statewide moratorium becomes even more compelling. The democratic nominee for governor, Tom Wolf instead of institutionalizing fracking in PA by imposing a severance tax that will only create another cash cow for the state to rely on, needs to pay attention to these reports and support his party's resolution. No amount of tax revenue is worth sacrificing the health and safety of rural Pennsylvanians and their children. Tom Corbett's chances for re-election are practically non-existent. Therefore, we need for every registered voter -democrat, republican, independent, to flood Tom Wolf's with calls and emails demanding he do the right thing and embrace the precautionary principle, by agreeing sign a statewide moratorium, and if fracking can not be proven safe, agree to a ban. It's not just the right thing to do, it's also the smart thing to do. The cost of fracking in terms of health care, property loss, environmental clean-up, is going to be catastrophic. Not to mention the permanent jobs that are being lost in tourism, agriculture, forestry, real estate, and new home construction due to the industrialization of rural PA. Renewable energy will create permanent, family sustaining, good paying local jobs in manufacturing, installation, maintenance, and system upgrades, while not poisoning our water supply, polluting our air, or threatening the health and safety of our families.

Yet, somehow, the PADEP is trying to "spin" this into some bizarre vindication of their performance. It's almost as if they read a completely different report!

Here's their headline on the DEP website:
Auditor General Performance Report Validates DEP’s Work Regarding Unconventional Gas Drilling Activities 7/22/2014
The Auditor General’s Office today released the Special Audit of DEP’s Performance in Monitoring Potential Impact to Water Quality from Shale Gas Development for the period 2009 through 2012, finding no instances where DEP failed to protect public health, safety or the environment.
 
However, the DEP failed to include the actual 158 page report.
You can download and read the entire 158 page report by going to this link: https://s3.amazonaws.com/s3.documentcloud.org/documents/1227039/dep-response-to-auditor-general-report.pdf

Thursday, June 12, 2014

The Federal Energy Regulatory Commission (FERC) and the Regulatory Trap.

The oil and gas industry, as they work towards turning rural North America into a 'third-world' style extraction colony, is now in the process of expanding their pipeline infrastructure on an unprecedented scale.
 
The agency that is trusted with overseeing and permitting this infrastructure is the Federal Regulatory Commission [aka: FERC], but really their job is to issue permits and although they are obligated by law to allow 'public input' and consider public comments before making their decision to issue a permit, at the end of the day, public opinion carries no weight and has never influenced their decision, or caused them to deny a permit. - NEVER.    
 
Here's why. You may, or may not, be aware that FERC is NOT really a government agency, anymore than say the Federal Reserve Bank is. Just because they have the word "Federal" in their name does not mean they're the government. Where I grew up in Philadelphia, their is a soft pretzel maker called "The Federal Baking Company", and they weren't a government agency either.
 
The truth is, FERC is a private entity largely funded by the API and ANGA, and chaired in part by former O&G representatives, that is licensed by the US/DOE to issue permits. Their job is to see that every application meets the minimum criteria to justify FERC approval.

I learned this when I registered as an "intervener" in the Inergy/CNYOG Marc-1 pipeline project in North-East PA. The short version of this experience was as follows.

The Marc-1 pipeline is a 39 mile connecting hub between the Tennessee and the Transco pipelines. It involved the clear cutting of 650+/- acres of greenfield forest, the removal of 250,000+/- trees (many were old growth), disturbance of protected wildlife habitat, 122 sensitive HV/EQ stream crossings, and intrusion on 104 private properties.

Myself, and other concerned citizens launched a massive campaign to stop the Marc-1. We submitted 22,093 signatures opposing the project, in addition to a bi-partisan coalition of 35 PA State Representatives, 2 State Senators, and even the EPA stepped in and declared the project un-necessary since the natural gas in the region was already being moved to market via the Tennessee and the Transco.

After we effectively stalled the project for 18 months by demanding justification for the project, environmental impact statements, and concerns about eminent domain abuse, etc., The three willfully incompetent Sullivan County PA Commissioners, along with a few US congressman with no connection to Pennsylvania, asked FERC to "overlook the localized concerns" and expeditiously approve the project. 

FERC issued a pre-vetted statement thanking everyone for being involved and expressing their heartfelt thoughts and concerns, assured all property owners that eminent domain would "only be used as a last resort" and only if all negotiations between CNYOG and the landowners failed, and approved the project. All of which was done "class one" which means minimum safety standards, and no local, state, or federal oversight.

The very next day, eminent domain was filed against 89 of the private landowners, most of which never previously notified of a proposed ROW on their property, or had the chance to negotiate terms. All 89 property owners went to court - all 89 lost. 

In FERC's history, they have NEVER denied a permit for any oil and gas infrastructure project unless the operator withdrew the application.

The ONLY way to stop these pipelines is by establishing Community Bill of Rights that essentially can either "zone out" this kind of activity, or restrict it and establish safety standards and set-backs in such a way that it is no longer economically worthwhile for them to build it.

The FERC regulatory/permitting process is designed and orchestrated to render public opinion meaningless, ineffective, and destined to fail.
 
Here's why: The Regulatory Trap (*excerpt from the CELDF Democracy School)
 
1. The regulatory system guarantees that the environment will be damaged, that the system actually permits it to occur, and that the system is built to recognize certain constitutional constraints.
  
2. Our “engaging in the regulatory system”, while limiting some of the harms done by corporations, cannot achieve the types of change we need, and that we are colonized to believe that it actually can.
  
3. Our thinking is colonized not only by the law – which establishes certain constraints that deny us the goals of our activism – but that our thinking is colonized by a culture that is created by those who benefit from the way that the system operates.
  
4. On the issue of land application of sewage sludge, we’ve been colonized that a bad is a good, through language used to frame the issue.
  
5. On the issue of the corporatization of agriculture, we’ve been colonized that a bad is a good, through language used to frame the issue.
  
6. Both the regulatory system of law and the culture produce a system of activism that cannot stop a corporate minority from governing community majorities, and that the regulatory system of law and culture effectively drives us like cattle down to a point of activism where we cannot win the issue that we’re working on.
  
7. A regulatory system of law governs employer-employee relationships, and that regulatory system of law codifies the rights of the employer over the employee.
  
8. Regulatory systems of law were created not to protect health, safety, and welfare, but as a governmental barrier to prevent majority governance.
  
9. The traditional use of the regulatory system of law, and the operation of today’s regulatory agencies, are not mistakes or errors, but a logical use of the law to assert minority control over majorities.
 
10. Law itself has a long history of being used by a minority to govern, that it was used by William the Conqueror to create an English structure of law; and that the mere existence of Constitutions does not guarantee democratic government.
 
~~~~~~~~~~~~~~~~~~~~
 
Therefore, it's important for people to understand that the "regulatory system" is designed only to regulate the rate of damage to public health and the environment, not the amount of damage. Hence the terms: "necessary sacrifice", and "unintended consequences".
That is not to say that citizens should not get involved with the FERC regulatory process. You should to get on record. You just have to also act outside the FERC process on the local municipality level to zone it out, or make it too expensive for the operator.

Myself, along with other members of the Shale Justice Coalition are now on the CELDF (Community Environmental Legal Defense Fund) PACRN (PA Community Rights Network) board working with communities along the 176 mile path of the proposed Atlantic Sunrise Pipeline Project by Williams Midstream. So far, we've got three municipalities to begin enacting community bill of rights ordinances. *Now, the industry, and most local solicitors will claim that these ordinances "will be challenged, inspire law suits, and be overturned", however, in the communities in PA, TX, LA, where Community Bill of Rights have been established, this has not happened. The reason is, the "community bill of rights" brings into question "corporate personhood", and that is NOT a can of worms the industry wants to risk opening.  
 
For more information visit these web sites:
The Shale Justice Coalition  http://shalejustice.org/
Community Environmental Legal Defense Fund (CELDF) http://www.celdf.org/

Sunday, June 1, 2014

DEP-Regulating the Natural Gas Industry in Pennsylvania - Not Protecting the Environment

DEP-Regulating the Natural Gas Industry in Pennsylvania - Not Protecting the Environment  

First, watch this ridiculous and misleading video propaganda,

https://www.youtube.com/watch?v=27xMOiwvrLk
Published on May 7, 2014
by the Pennsylvania Department of Environmental Protection (PA/DEP) 
"DEP staff share their personal experiences conducting the important work of DEP's Oil and Gas Program across Pennsylvania."

Then read my comments I emailed directly to:
Scott Perry, <scperry@pa.gov>
Chris Abruzzo, <cabruzzo@pa.gov>
Dan Spadoni, <dspadoni@pa.gov>
Patrick Henderson, <phenderson@pa.gov>
Arthur Weiland, <weilandart@gmail.com>
and of course, the Governor of Pennzoil, Tom Corbett, <Governor@pa.gov>

I encourage those who read this and share my concerns and criticisms also email these individuals and tell them what you think of them, which is why I posted their email addresses.

Regulating the Natural Gas Industry in Pennsylvania - Seriously?

Regardless of what this agencies name implies, the job of the DEP is to issues permits that allow activity to be conducted that is detrimental to the environment, the ecological integrity, and ultimately public health and safety.

What the DEP "regulates" is the rate of damage done to the environment, not the amount of damage.
The egregious half-truths and misinformation in this video is over-the-top.

Here's an example of their half-truths:
"We're never going to take that casing out of there. That casing will always be there"

FACT:
What was not mentioned was that the integrity of that casing will be compromised over time. 7% of well casings fail immediately - only 50% of the "squeeze jobs" that industry uses to attempt to repair that casing are successful - eventually all well casings will fail. The only issue is 'when'.
 
Misinformation:
"We want people to know that the DEP has 'world-class' regulations in place."
Apparently, every state that allows O&G extraction has those same specious 'world-class regulations'.... or at least makes that same arbitrary claim, and has the same complaints, contamination issues, reported illnesses, and ecological devastation that we're seeing in the shale fields of Pennsylvania.
 
FACT:
The DEP has made it their policy to "partner with the O&G industry". It doesn't take much to realize that it is never in the best interest of one partner to regulate the other. On the contrary, it is in the best interest of any partnership to watch each others back, and in this case, run regulatory interference.

Many of the DEP's revised regulations are practically carbon copies of the regulations that have been established in other states that have been written, conceived, and suggested by industry lobbyists. [The "fox guarding the hen house" syndrome on steroids.]

It is interesting, and quite telling, albeit no surprising, that the 'comments and ratings' on this YouTube PR video have been "disabled". Fortunately, we can still access the video, copy the link, and expose it for misleading piece of propaganda it is on blogs, social media, email blasts, op-ed pieces, and in newsletters.

We will also publish this link right along side the 161 "documented cases of contamination" that the DEP was forced to reveal under the RTK law, the list of violations the industry has racked-up in the last six years, and the scandalously low "fines" that the DEP has imposed on the O&G operators.

Sunday Times review of DEP drilling records reveals water damage, murky testing methods

By laura Legere (Staff Writer) Published: May 19, 2013

http://thetimes-tribune.com/news/sunday-times-review-of-dep-drilling-records-reveals-water-damage-murky-testing-methods-1.1491547

Then, there's also that ever spinning "revolving door" between the O&G industry and the DEP regulators. After all, who better to know how to skirt the rules and regulations then the "regulators" themselves? 

What really puzzles me is... How do these bastards sleep at night? Aren't they even concerned about how this is going to affect their children and grandchildren?

I guess it takes a special breed of self-serving political reptiles to be that cold-blooded.

So.... stay tuned. Instant Karma's gonna get them and bite them right in the g-ass.