Welcome to the Coatesville Dems Blog

Public Corruption in Chester County, PA

I believe an unlikely mix of alleged drug trafficking related politicos and alleged white nationalist related politicos united to elect the infamous “Bloc of Four” in the abysmal voter turnout election of 2005. During their four year term the drug business was good again and white nationalists used Coatesville as an example on white supremacist websites like “Stormfront”. Strong community organization and support from law enforcement, in particular Chester County District Attorney Joseph W. Carroll has begun to turn our community around. The Chester County drug trafficking that I believe centers on Coatesville continues and I believe we still have public officials in place that profit from the drug sales. But the people here are amazing and continue to work against the odds to make Coatesville a good place to live.

Wednesday, June 3, 2020

If you live in the blast zone consider selling you home at a loss. Mariner East Pipeline bribe money won elections in Chester County PA

IT WASN'T EVEN CLOSE:

FRACKING BRIBE DOLLARS DOMINATED IN Chester County PA ELECTIONS.

Now Governor Wolf's frack Pennsylvania plans might sail through the Pennsylvania House & Senate.

But will the Mariner East explode in deadly fireballs & end Wolf's fracking quest?

PURE CAPITALISM MIGHT END FRACKING FOR GAS:

U.S. LNG Troubles Began Long Before COVID-19

On April 23, the senior editor of the industry publication Natural Gas Intelligence wrote: “The LNG market was already oversupplied before the COVID-19 pandemic crushed demand worldwide and sent global gas prices into a freefall.”

Mike Sultan, editor at Energy Intelligence, recently made the same point about U.S. projects. “They were facing an oversupply situation before any of this happened,” Sultan said. “Before the U.S.-China trade war happened, before the oil price crash, before COVID-19 ever showed up, they were in serious trouble.”

But The New York Times recently missed this key context when reporting on the financial woes of the LNG industry, failing to mention the industry's previous oversupply issues and putting the blame on the pandemic drying up demand and crashing prices.

The LNG industry has the same problem as the oil industry. It’s economics 101. If you supply more product than the market can absorb, prices go down. The current global prices for LNG mean that shipping U.S. LNG to world markets is a money-loser.

On April 26 Reuters reported that the price for LNG in Asia dropped to just below $2 per million British thermal units (mmBtu). Meanwhile, delivering U.S. LNG to Asia costs just under $6/mmBtu, which is why agreements for U.S. LNG deliveries are being swiftly canceled. The economics of exporting U.S. LNG don't make sense.