If you’ve noticed your utility bills skyrocketing, you’re not alone. Gas and electric bills across the state have been rising at an unprecedented rate over the past several years. And while some of this has been due to natural gas prices and hotter weather, most of it is because big monopoly utilities like NV Energy and Southwest Gas are being allowed to game the system. Here in Nevada, the Public Utility Commission is supposed to provide a check on utility rates, and to balance customer and utility interests. Instead, the PUC is letting these monopolies run wild with one record-breaking rate hike after another. In April, the PUC approved a record $59 million rate increase for Southwest Gas, which is $20 million higher than its previous record hike in 2020. This is despite Southwest Gas reporting a first-quarter net income ($98.5 million) that is more than double that of its first quarter in 2023 ($45.9 million), and a record 12-month operating margin of $1.3 billion. The hike also comes as SWG customers were already reeling from other recent SWG hikes. Even before this latest hike, customers reported their gas bills shooting up more than 300% in a single month. Utilities in Nevada are allowed to make rate adjustments every three months, and those are in addition to the hikes from general rate cases. While average Nevadans are getting hammered by higher and higher gas bills, Southwest Gas officers and shareholders — most of who reside outside of Nevada — are getting richer and richer. And it’s more than just Southwest Gas that keeps bellying up to the PUC...
EPA’s methane rule targeting waste is conservative – good for business and our futures: David Jenkins In a guest column today, David Jenkins of Conservatives for Responsible Stewardship praises the U.S. Environmental Protection Agency’s new methane waste rule as a blow for conservatism in energy policy, preventing pollution and needless waste at the pump while improving output.Chris Morris, Advance Local CINCINNATI — Remember the wise old saying, “Waste not, want not”? This simple truism reflects the conservative ethic of conservation. From Sunday school to the kitchen table, we have all been taught not to waste. Waste is not only wrong, it’s costly. And this is particularly true when it comes to energy. We know putting insulation in our attics and turning lights off reduces energy waste and saves us money.Just as wasting energy at home increases our energy bills, the same thing happens when oil and gas companies waste energy on a much larger scale. This is a problem here in Ohio. Some oil and gas companies — usually those driven more by short-term profit than long-term investment — are wasting huge amounts of natural gas (methane) due to shoddy maintenance and leaks. In 2019 alone, Ohio companies wasted $93 million of gas — enough to meet the annual supply needs of 11% of the state’s residential gas customers, according to a Synapse Energy Economics Inc. study. And this is a nationwide problem. A recent Stanford study of oil and gas operations in the gas rich Permian Basin estimated that more than 9% of the natural gas produced in that area is being wasted. Cutting those corners might save...
For the first time in over 60 years, the Bureau of Land Management (BLM) – the federal agency that oversees oil and gas activity on federal lands – has increased its bond minimums. Bonds are an insurance policy for American taxpayers – the true owners of federal lands – and are supposed to ensure that companies who drill on federal lands have set aside enough funds to cover plugging and clean-up costs once production is finished. But for decades BLM’s oil and gas bond minimums were never increased, not even to account for inflation and even as companies drilled tens of thousands of wells on federal land across the country. Companies could provide as little as $10,000 in bond coverage per lease no matter how many wells they drilled. This flawed-system led to a $13.7 billion deficit between the estimated reclamation costs for the 90,000+ wells on federal lands and the total amount of bonds held by BLM. Slowly but surely, BLM’s new bond minimums will bring that deficit down. Companies now have three years – a very generous timeframe, mind you – to increase their lease bonds to the new minimum of $150,000. This level accounts for inflation, as well as reclamation costs for a typical lease on public lands. And it builds on bonding reform at the state-level, as many states, including Wyoming, recently strengthened their bonding requirements in response to what some have described as an orphaned well “crisis.” Not surprisingly, the oil and gas industry would much prefer that you – the American taxpayer – continue to foot the bill for its clean-up costs. The...
David Jenkins, president of Conservatives for Responsible Stewardship, contributed a guest piece to Environment America titled Why environmentalism is conservative. The article explores how environmental protection connects to traditional conservative values like stewardship, responsibility, and preserving natural resources for future generations. It highlights the idea that caring for clean air, water, and public lands fits within a long-standing conservative ethic of passing something better on to those who come after us. It also points to examples from past conservative leadership in environmental policy to show that these principles have historically crossed party lines. Read the full piece:...
David Jenkins, president of Conservatives for Responsible Stewardship, is featured in a report from 12 News covering a recent decision by Arizona utility regulators to roll back the state’s renewable energy standards. The coverage explains that Arizona regulators voted to eliminate requirements that had guided how much electricity utilities must generate from renewable sources like wind and solar. Supporters of the change say it gives utilities more flexibility in how they meet energy demand, while critics warn it could slow the growth of clean energy and reduce long-term investment in renewables. The decision has sparked debate over how states should balance energy affordability, reliability, and the future of renewable development....
