Last Remaining Member of “Old” EQT Exec Team Resigns
During the proxy fight earlier this year to control EQT Corporation’s board–and ultimately its management team–Toby Rice threw some sharp barbs including talk that EQT’s existing management was not up to the task of effectively running the company. The Rice boys said so, their board nominees said so, and Institutional Shareholder Services (ISS) said so. There will be change (i.e. personnel change) at the “operational level” said ISS. Imagine our surprise when, after assuming control, Toby said there would *not* be a wholesale replacement of top management (see Toby Rice, EQT’s New CEO, is NOT Cleaning House re Top Management). We guess it depends on what you mean by “top management,” because as of Dec. 15, the last remaining member of the “old” (former) eight-member senior management team at EQT will be gone. Which sure sounds like wholesale replacement to us.
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The Sierra Club is a radicalized, far left “environmental” group that seems to have endless mountains of cash to finance frivolous lawsuit after frivolous lawsuit against any project or company with the moniker “fossil fuel” attached to it. The Clubbers have made trouble for both Dominion Energy’s Atlantic Coast Pipeline project, and now for Equitrans’ Mountain Valley Pipeline (MVP) by convincing lefty judges in a federal court to overturn previously issued permits from the U.S. Forest Service and U.S. Fish & Wildlife Service. Equitrans has had enough of the Clubbers and their interference and recently unloaded on the group in a letter to the Federal Energy Regulatory Commission (FERC).
JobsOhio, a private, nonprofit corporation that works works on behalf of the state to drive job creation and new capital investment in Ohio by attracting business, contracts out economic research to Cleveland State University (CSU)–to keep tabs on the Utica Shale industry. Last year CSU researchers found that from 2011-2017 the Utica Shale had attracted an amazing $70 billion in new private sector energy investments (see 
The Pennsylvania Dept. of Environmental Protection (DEP) announced yesterday it has awarded grants totaling $1,891,000 for 12 clean energy vehicle projects through its Alternative Fuels Incentive Grants (AFIG) program. What’s striking about the list of winners is just how many of them are for natural gas vehicles/technology, as opposed to electric. The DEP has another $3 million to blow on these grants by the end of the year, with a deadline for applications of Dec. 13. Line up to get yours!
As a country, we’re still struggling to correct the great harm done by the Obama Administration when it comes to fixing messes like the Waters of the United States (WOTUS) rule. What is and what is not a “water” that comes under federal jurisdiction? In the Obama years everything down to mud puddles (we’re not kidding) could be considered WOTUS (see 
It’s been a while since we’ve update our calendar of events page. We just have. The list below includes events related (or of interest) to the Marcellus, Utica and other Appalachian shales happening from now through the end of this year. Be sure to check it out!
MARCELLUS/UTICA REGION: New York natural gas utilities facing credit risks because of Cuomo; Single permit for Utica drilling awarded by ODNR; OTHER U.S. REGIONS: Governor Newsom adds new oil and natural gas extraction regulations in Cali; In a first for Massachusetts, Brookline votes to ban oil and gas pipes in new buildings; NATIONAL: ExxonMobil lambasts Massachusetts, New York Attorneys General for “unconstitutional conduct”; Oil & gas industry turns to AI for billions in savings; INTERNATIONAL: Russia’s Putin says shale oil technologies are ‘barbaric’.