Marcellus & Utica Shale Story Links: Thu, Jun 26, 2014

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:
Continue reading »

Magnum Hunter Wins Dismissal in 5 of 6 Lawsuits Alleging Mismgmt

court gavelThis is a “hmmm, that’s interesting” revelation for MDN. Yesterday Magnum Hunter Resources, a driller mostly focused on the West Virginia Marcellus and increasingly Ohio Utica Shale, issued a press release yesterday to say that they’ve been successful in getting five of six “securities class action and shareholder derivative lawsuits” against the company dismissed–without paying a penny to either the plaintiffs or their lawyers. The company is working on a sixth (and last) such lawsuit now. What is a securities class action/derivative lawsuit?…
Continue reading »

UK-based Velocys Buys Ashtabula, OH GTL Plant

Last September MDN told you about an innovative new $300 million gas-to-liquids (GTL) plant being built in Ashtabula, OH that will convert Marcellus and Utica Shale gas into chemicals and diesel fuel (see Utica Shale Gas-to-Liquids Plant Planned for Ashtabula, OH and More Details on Ashtabula, OH Gas-to-Liquids Plant). The plant is being built by a Houston-based company called Pinto Energy using technology created by Velocys. This morning Velocys announced they’re buying out Pinto Energy lock, stock and barrel–100%–including (and primarily for) the Ashtabula GTL plant now under construction…
Continue reading »

Brave PA House Republicans Propose Budget with No Severance Tax

Why is it Democrats demand that Republicans cave on their principles and move in their direction and if they don’t, they holler and scream “you’re not being bipartisan!”? But when Republicans ask Democrats to be reasonable and move an inch in their direction, the Dems never do and yet the word “bipartisan” and lack of it is never uttered by the Democrat-controlled media? We’re speaking of the heated budget debate in Pennsylvania where Democrats are demanding a single industry–shale drilling–be taxed into oblivion in order to feed the hungry Democrat political machine that needs ever more money to spread around. To their credit, PA’s House Republicans have “laid their cards on the table” in the budget debate. They’ve done the hard work and have trimmed the budget–just a small bit off a $29.1 BILLION budget–and every single Democrat in very partisan fashion voted against the plan. Every-single-one…
Continue reading »

Lawsuits Next Act for Anti-Pipeline Group in Lebanon County, PA?

The hippie protesters of Lebanon Pipeline Awareness are feeling positively rejuvenated. They haven’t had this much fun since the 1960s. The anti-fossil fuel group was formed in Lebanon County, PA to oppose a new 27-mile pipeline Williams plans to build as part of its Atlantic Sunrise Project (see Williams Plans $2.1B Transco Pipeline Expansion, 100% Sold Already). Lebanon Pipeline Awareness can’t get more than 50 people to attend their meetings, and when they do show up, they have to be handed talking points so they know what to say (see Lebanon, PA Group Coaches Blind Followers to Oppose Pipeline). When denied a public forum at a recent Williams open house on the proposed pipeline, the Lebanon protesters sat on the floor and stomped their feet like the babies they are (see Williams’ Smart Open House in Lebanon County Confounds Antis). What to do now? They can’t get any traction with public opinion, so the next act is to hire a lawyer and file frivolous lawsuits…
Continue reading »

Strong Support for Range Drilling in N Strabane Township, PA

Some more good news for Range Resources in Washington County, PA. North Strabane Township, population 13,408 (borders Canonsburg) voted last night to approve Range’s plan to drill five Marcellus Shale wells on a 140-acre property owned by A&S Landscaping along Rout 19. Site prep will begin in the next few weeks and if the schedule holds, the first well will be drilled starting in January…
Continue reading »

Seismic Testing Coming in July to Washington County, OH Town

Seismic testing is coming to Fearing Township (Washington County), OH starting in July. Seismic testing usually precedes drilling–so that means drilling is most likely on the way. The testing will allow drillers to “see” the best locations to place wells. So how will Protege Energy III, the company that’s hiring the testing done, go about doing the testing? No big thumper trucks along roadways for Protege. Instead, they favor drilling small holes and putting small explosive charges in the holes and recording the sound waves that bounce from the explosive charges. Protege held a community meeting earlier this month in Fearing to discuss the process and answer questions…
Continue reading »

NY Group Says EPA “Kill Coal” Regs Not Enough – Kill Natgas Too

Sad and predictable. That’s how we label an article/press release published by the certifiably insane anti-drillers at the Catskill Citizens for (So-Called) Safe Energy. Their latest tirade is against the federal Environmental Protection Agency. You may recall the EPA recently declared war on electricity in this country (see Obama’s Climate Madness Metastasizes – EPA Kills Coal Electricity). It seems the Obama EPA’s plan to destroy electricity in this country by requiring a 30% reduction in carbon emissions (the stuff you breathe out with every breath) from electric plants isn’t good enough for the brainiacs at Catskill Citizens for Safe Energy. They want to drive the nail all the way in the coffin and take everyone back to the stone ages…
Continue reading »

Small Group in Ashfield, MA Vote to Oppose Kinder’s TGP Pipeline

An anti-driller from Ashfield, MA says she wants her chance to stand in front of a Kinder Morgan bulldozer to try and stop the proposed Tennessee Gas Pipeline expansion from coming through their town. We sincerely hope she gets the opportunity. :-) Some 200 “voters” who are virulent anti-drillers packed an Ashfield town meeting to vote in favor of two resolutions against the proposed Kinder Morgan TGP pipeline (for background, see Reaction to TGP’s Planned Pipeline Across Massachusetts). The Democrat governor of Massachusetts and the governors of five other New England states want and desperately need that pipeline (see Blue State Blues: 6 New England States Want New Natgas Pipeline). But true to form, at least some towns along the proposed route, including Ashfield, have revived the old hippie brigade to begin a round of new protests (gives their lives a little purpose, a chance to relive the glory years of the 60s)…
Continue reading »

Anti-Drilling Policy Matters Ohio Says Severance Tax Too Low

It probably won’t surprise you to learn that the far left, anti-drilling group Policy Matters Ohio (PMO) doesn’t like the current proposed severance tax of 2.5% for Ohio. It’s not nearly high enough to chase drillers away for PMO, and there’s waaaay too many “tax breaks” in House Bill 375, the severance tax bill, for their taste. But then, every last dime earned by hardworking drillers belongs to the government, right? The government should just let those nasty drillers keep a little bit of it so the government can spend it on people who didn’t earn it, right? That’s the attitude of PMO…
Continue reading »

Marcellus & Utica Shale Story Links: Wed, Jun 25, 2014

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:
Continue reading »

Supreme Court Tells EPA: You Can’t Just Rewrite Law

dog on leash - stayOne of the Obama administration’s favorite tactics to do illegal end-runs around Congress (remember–Congress writes the laws, the President enforces them) is to have rogue agencies like the Environmental Protection Agency claim sweeping powers under older/existing laws. Like the Clean Air Act. Yesterday the U.S. Supreme Court yanked on the EPA’s leash pretty hard and said, “Heal boy, sit down.” The EPA tried to simply rewrite a law passed by Congress in how the agency treats so-called greenhouse gases. The EPA didn’t like what Congress wrote, so they rewrote it. The justices said, “No, you can’t do that,” to the EPA. However, as Justice Antonin Scalia pointed out from the bench, the EPA still got almost all of what it wanted in this decision…
Continue reading »

2 Range Resources Execs Sell Half Their Stock – Ulterior Motive?

Anti-drilling advocate and Marcellus smearmeister Amanda Gillooly, from southwestern Pennsylvania, is dedicated to trashing Range Resources every chance she gets. (She also appears to be in league with Rep. Jesse “fake ID” White, supporting his anti-drilling tirades against Range on numerous occasions over the past few years.) The latest “trash Range” attempt is her blog post trumpeting that two top Range Resources executives recently sold “more than half their stock,” asking the ominous question, “Why?”…
Continue reading »

Save the Bald Eagles in NY! Next Hurdle for Constitution Pipeline

You’ve heard of save the whales, save the snail darters, and maybe even save the tree bats (see Natgas Jumps Thru Hoops for Bats While Solar Farm Torches Turtles). The latest anti-drilling faux excuse for stopping the already-authorized, permitted and public hearing’d to death Constitution Pipeline in upstate New York is, yes, save the American bald eagle! We learn from the anti-drilling Oneonta Star that bald eagles are rather discriminating. They don’t mind traffic noise from a busy interstate highway less than a half mile from their nests–but if Williams happens to do a little blasting of bedrock so they can lay pipe–that will scare the bald eagles right out of their tail feathers…
Continue reading »

Global Warming, Global Cooling & Natgas Prices

MDN is not a fan of the “man causes global warming by burning fossil fuel” theories that are all the rage these days. The problem, you see, is lack of, well, global warming! No evidence. Take, for example, last winter. Please don’t insult our intelligence by telling us that brutally cold temperatures (the coldest in a generation) are also the result of so-called “global warming.” You don’t get to say that warming also causes cooling–that’s not part of the theory, a theory that says too much carbon in the atmosphere causes temperatures to RISE, not FALL. You don’t get to make up the science as you go to fit your cockeyed beliefs. A flawed theory is a flawed theory. So when we spotted the following summer forecast from Weather Services International, along with their map (below), you’ll understand why we continue to be “warming deniers” and “climate skeptics.” And what does this have to do with Marcellus drilling? A lot, as it turns out…
Continue reading »

ATVs Damage National Fuel’s Pipeline Routes in Western PA

As so often happens, a few bad apples can spoil it for everyone. We’re speaking of rogue ATV (all terrain vehicle) drivers who have vandalized pipeline routes in northwestern PA, and in the process damaging the top soil and grass along those routes which leads to erosion…
Continue reading »

« Older Entries   Recent Entries »

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.