Liberal Group Calls Baker Hughes Breast Cancer Effort “Pink Sh*t”

Doing Our Bit for the CureBaker Hughes is the world’s fifth largest oilfield services company. Schlumberger and Halliburton are numbers one and two, respectively. Oilfield services companies provide drilling equipment and yes, even fracking equipment (and fracking fluids) that power the shale revolution. Baker Hughes, with a large presence in the Marcellus/Utica, has just donated (for the second year in a row) $100,000 to Susan G. Komen®, the world’s leading breast cancer organization, to help in the effort to find a cure for breast cancer. Anyone alive over the age of 30 almost certainly has a relative or friend who is or has been afflicted by this disease. Doing what we can to fight it is something we all can get behind. But because some wacko anti-drillers make wild claims that fracking fluids “cause cancer”–even though fracking fluids contain many of the same chemicals in the stuff under your kitchen sink–some lib groups (incredibly) oppose the donation and efforts by Baker Hughes, saying it is blood money and “pink washing” the fracking industry…
Continue reading

Minuteman Sues AG Kane’s Office for $20M + Punitive Damages

What a sad story. In May 2013, Pennsylvania’s anti-drilling Attorney General, Kathleen Kane, had the offices of Minuteman Environmental Services in Milton (Northumberland County) raided using the FBI, IRS and the PA Dept. of Environmental Protection (DEP) agents, in addition to agents from the AG’s office (see Shale Environmental Services Company Raided by PA AG’s Office). After conducting a witch hunt of Minuteman for 13 months following that raid, Kane finally charged them (see PA’s Anti-Drilling AG Charges Minuteman with Enviro Crimes). During that 13 months and following, Kane’s office terrorized the family and drove the company–that employed over 100 people with $49 million in revenues–into bankruptcy (see Minuteman Enviro Says PA AG Office “Terrorized” Family Members, Filing Lawsuit). Minuteman’s owners threatened to sue the AG’s office and they followed through. We have an exclusive copy of the lawsuit…
Continue reading

Odebrect Signs Deal for Polyethylene Tech for WV Cracker Plant

Odebrecht continues to advance the ball toward building a world-class ethane cracker plant near Parkersburg, WV. MDN editor Jim Willis had the pleasure of meeting and talking with David Peebles, Odebrecht VP of business development and the guy working to make this project happen, at this year’s Shale Insight conference in Pittsburgh. Peebles said Odebrecht is still in the evaluation stage but that things are looking positive so far. Here’s another positive sign: INEOS Technologies, which licenses the technologies used in large petrochemical plants, announced they have just signed an agreement with Odebrect to provide polyethylene tech for the WV cracker plant…
Continue reading

Where is Real Opposition to Dominion SE Pipeline? Hint: Not WV

Opposition to Dominion’s 550-mile, $5 billion Atlantic Coast Pipeline project (formerly called the Southeast Reliability Project) continues, but not much of it is located in West Virginia. You may recall there is an anti-pipeline group called West Virginia Wilderness Lovers, which is, from what we can tell, two people who have opposed the pipeline from the beginning (see Hula Hoops & Tall Tales from WV Anti-Drillers Opposed to Pipeline). At least one of the two Wilderness Lovers still opposes it…
Continue reading

Buffalo “Marcellus” Bills – Team Sold to Fracker for $1.4B

Marcellus BillsAs MDN previously told you, Marcellus money has just purchased the Buffalo Bills NFL team (see Buffalo Bills Stay in Buffalo, Thanks to $1.4B of Marcellus Money). Yesterday NFL owners, who had gathered to vote, took all of about 15 seconds to approve the $1.4 BILLION purchase of the Bills team by East Resources (and former Marcellus Shale driller) Terry Pegula and his wife Kim. The vote was 32-0 in favor of the sale. We think in honor of this momentous occasion the team should be renamed to be the Buffalo Marcellus Bills. Maybe we can just call them the “MarBills” for short?…
Continue reading

Marcellus Drilling Helps Local Elk Population Flourish

One of the potential problems raised by those who oppose shale drilling is how it impacts wildlife. They maintain when you carve up forests with clear spots for drill pads, and carve up pathways for pipelines, and have trucks traveling in and out around the clock, it damages the wildlife (see USGS Study: Marcellus Drilling Fragmenting Forests in PA. Who’s not for being kind to the wild critters around us? At MDN HQ we faithfully maintain our bird feeder in the front yard and go out of our way to avoid hitting squirrels (just so you know our enviro creds). It certainly sounds reasonable that “fragmenting” forests may impact wild species. So let’s have a look at a real example. How about the wild elk that roam around Elk, McKean and Cameron counties in northcentral Pennsylvania? In 2008, at the dawn of the shale revolution in PA when there were no wells, there were about 500 wild elk roaming those three counties. Today, with more than 100 wells drilled in those three counties, the elk population has almost doubled. Say what? Yep–drilling has helped the local wildlife in northcentral PA…
Continue reading

Carl Icahn Has Lost $633 Million on Chesapeake Gamble…So Far

The firings will continue until morale improves! Or at least until Carl Icahn makes money. Once upon a time corporate raider Carl Icahn was Chesapeake Energy’s second largest investor. Today, he’s the company’s largest investor. Ichan has certainly made his presence know. Using his proxy (we call him a toady) Doug Lawler, the CEO Icahn installed after he ousted founder Aubrey McClendon from that position, Doug “the ax” Lawler went to work (see Chesapeake’s CEO Celebrates Axing 1,200 People Making Carl More $). To hear Chessy people talk (the few that are left) it’s been all butterflies and unicorns. Everything is looking up–except Ichan’s investment. With the downturn in oil and natgas prices, Ichan’s Chesapeake stocks have tanked and his big gamble on Chesapeake isn’t looking so rosy anymore…
Continue reading

US Natgas Production Smashes New Record in September

According to Platts’ Bentek Energy analytics division, September was a record-breaking month for natural gas production in the lower 48 states. In fact, it was an all-time record high. In September, the U.S. produced an average 69.1 billion cubic feet per day (Bcf/d) of natural gas. That’s up 7.4% from a year ago September. Contrary to the naysayers and “peak oil/gas” theorists, there’s no end in sight…
Continue reading