New Fortress Energy announced yesterday that it has signed a 25-year Power Purchase Agreement with Distribuidora de Electricidad del Norte, S.A. and Distribuidora de Electricidad del Sur, S.A., Nicaragua’s electricity distribution companies. New Fortress will construct a 300-megawatt natural gas-fired power plant near Puerto Sandino to supply power to Nicaragua’s national electric grid. It is the first natural gas-fired electric plant to get built in the country. New Fortress will provide approximately 700,000 gallons (60,000 MMBtu) per day of LNG to power the plant. Guess where most, if not all, of the LNG will come from? Continue reading
Although the 303-mile Mountain Valley Pipeline (MVP) project from West Virginia to southern Virginia is facing intense opposition by Big Green in completing the project (currently on hold because of court challenges), the project is now 90% built and in the ground. It should be done later this year. And then what? And then it’s on to building a 75-mile extension from southern Virginia into North Carolina, called MVP Southgate (see Mountain Valley Pipeline Launches Plan to Expand 70 Miles into NC). On Friday the Federal Energy Regulatory Commission (FERC) issued a favorable final environmental impact statement (FEIS) for MVP Southgate. The only step left, which is now a foregone conclusion, is for FERC to issue a certificate allowing MVP Southgate to begin construction. Continue reading
Olympus Energy, the renamed Huntley & Huntley Energy Exploration (HHEX), continues to make Upper Burrell in Westmoreland County, PA a key area of focus. Last April we told you about the company planning its twelfth well pad in Upper Burrell (see Huntley & Huntley Proposes Another Well Pad in Upper Burrell). We’ve since lost track of the number of pads Olympus/HHEX has built in the township, but we have two more to tell you about.
NOTE: Olympus emailed to say they currently have one well pad (not 12), the Zeus pad. That one well pad has three wells in production with three additional wells permitted. However, Olympus did recently apply to build two new pads (each with a single well). We thank Olympus for the correction! Continue reading
Bills aimed at clamping down on illegal pipeline protests (which pretending to be free speech but aren’t) have been introduced in both the Ohio and West Virginia legislatures. In WV, House Bill (HB) 4615 passed the House last week and is now under active consideration in the WV Senate. In Ohio, Senate Bill (SB) 133 was passed last May. The bill was recently reported out of a House committee and likely to see a full House vote soon. It’s obvious that regular folks are tired of radicals and their illegal attempts to block pipeline projects. Continue reading
More obsessing and hand-wringing over the low price of natural gas (we can’t help it!). Our favorite government agency, the U.S. Energy Information Administration (EIA) published a post on Friday that points out the NYMEX price of natural gas has hit its lowest level for a February day in the past 20 years, closing at $1.77/MMBtu on Feb. 10 (up slightly since then). EIA also points out these are the lowest absolute prices (for any day in any month) we’ve seen in the past four years–since the price crash of 2016. Again, the price crash is happening in February! Yuck. Continue reading
In the space of a little over 10 years natural gas has gone from “climate hero” to “climate villain.” In no small part the change has come due to huge amounts of money spent by disgusting Big Green groups like the Sierra Club, Food & Water Watch, NRDC, EDF and others. We’d guess if you were to ask most Americans, they would say fossil fuels (like natural gas) will be replaced “soon” by electricity–not knowing natgas is the single largest source of generating electricity! At the Winter Policy Summit of the National Association of Regulatory Utility Commissioners (NARUC) last week, a standing-room-only crowd filled a session moderated by former FERC Commissioner Cherly LaFleur on the topic of how soon the electric sector (along with other sectors) will “wean off gas” here in the United States. Continue reading
MARCELLUS/UTICA REGION: Lamb: Western Pennsylvanians feel ‘betrayed’ by fracking ban legislation; Due process delayed: Tolling orders put pipeline opponents in ‘legal limbo’; Everyone will benefit if Mariner East developers are allowed to make changes to the project; NextEra Energy appoints ex-EQT CEO to board; OTHER U.S. REGIONS: Bernie Sanders comes to Colorado to tell state’s oil and gas workers that he wants to eliminate their jobs; PG&E launching big pipeline project in Napa Valley; NATIONAL: BEBs or bust? Battery electric buses make no sense at all; If they are so alarmed by climate change, why are they so opposed to solving it?; Outgoing INGAA chief urges focus on steps along path to clean energy; States need to answer for stubbornly high electricity bills; INTERNATIONAL: EIA revises global liquid fuels demand growth down because of the coronavirus. Continue reading