CNX Resources Lays Off 10% of Total Workforce – More Cuts Coming?

CNX Resources has just laid off (i.e. fired) roughly 50 employees company-wide, most of them at company headquarters in Canonsburg. But not all. We heard from an MDN trust source who said at least nine workers got their walking papers in West Virginia. Given the company employs about 500 people, 50 fired represents 10% of the workforce. Question is, will there be more firings?
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1st Casualty of OH Save Nukes Law – $1.1B Lordstown NatGas Plant

The boneheaded new law passed by the Ohio legislature known as House Bill (HB) 6, meant to save a couple of failing nuclear plants along with a few coal-fired electric plants, has just claimed its first casualty. And it’s major. Clean Energy Future Inc. which has already built two natural gas-fired power plants in Lordstown (Trumbull County, OH) announced it is canceling a project to build a third Lordstown power plant–costing the state $1.1 billion of investment. What a disaster.
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New Ohio Chapter of NARO Launches for Rights & Landowners

The National Association of Royalty Owners (NARO), with a mission “to encourage and promote exploration and production of minerals in the United States while preserving, protecting, advancing and representing the interests and rights of mineral and royalty owners” is getting a brand new state chapter–in Ohio. The Ohio chapter of NARO is an offshoot from the NARO Appalachia Chapter–in order to focus exclusively on issues in Ohio.
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PA DEP Revokes Beaver County Right to Issue Pipe, Drilling Permits

Here’s something we didn’t know: The Pennsylvania Dept. of Environmental Protection (DEP) does not do all of its own work to issue permits for things like erosion and sediment control. In some (many?) cases, the DEP delegates and farms out authority to issue and monitor/inspect permits for erosion and sediment control to county conservation districts. DEP is not happy with the way Beaver County has been performing those functions and has just snatched it back, revoking the county’s right to issue and monitor erosion and sediment control permits for projects like pipeline construction and building well pads and roads.
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North Carolina DEQ Goes Wackadoodle with New Anti-NatGas Plan

North Carolina is going bonkers. The state Dept. of Environmental Quality (DEQ), under the direction of Democrat Gov. Roy Cooper, released a plan last week to tax carbon dioxide (get ready to hold your breath because you breathe out CO2!). The plan ultimately takes direct aim at limiting the use of natural gas by taxing it to death–Democrats’ favorite play to cater to the leftists in their base. The DEQ plan is certifiably nuts, but less nuts than that of NY Gov. Andrew Cuomo. If that’s any consolation.
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U.S. Makes History Again – Biggest 1-Yr Jump in O&G Production

On those occasions when we engage in conversation with friends and family about what we do, and drop the little factoid that the U.S. (because of shale) is now the #1 producer of both natural gas (surpassing Russia) and oil (producing more oil than Saudi Arabia)–our friends and family look at us like we have two heads. Why does the general population not know this? Because mainstream (biased) media doesn’t want them to. Yet it’s the truth. We flew by Russia back in 2011 to produce the most natgas of any country on the planet, and we flew by the Saudis last year to produce the most oil. We also set another world record last year–the biggest one-year increase in energy production of any country on Mom Earth. Thanks to shale.
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Shale Energy Stories of Interest: Wed, Aug 21, 2019

MARCELLUS/UTICA REGION: Cheers for what natural gas, energy independence can mean for region; Residents at Rockingham County hearing on proposed natural gas pipeline have questions, concerns; Addressing workforce shortages during an industry boom; OTHER U.S. REGIONS: Freeport LNG celebrates start of Train 1 production; Texas shale towns grapple with growth as oil-bust fears fade; Calcasieu Pass LNG to move ahead; BHGE to build LNG liquefaction trains; NATIONAL: Walmart claims faulty Tesla solar panels are starting fires; INTERNATIONAL: OPEC net oil export revenues; Equinor, Gazprom lose European gas market share as LNG imports triple; Is wind power, which has inflated electric prices, done in Germany?; German H1 natural gas imports rise 20%, bill rises 14.8%; Saudi Arabia buys U.S. cracker plant in Texas; Shale gas developer frustrated by uncertainty surrounding fracking.
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