Range Signs Deal to be Main Ethane Supplier for PTT Ohio Cracker

Earlier this week we brought you a post exploring whether or not PTT Global Chemical will, in the end, actually build a $10 billion ethane cracker plant in Belmont County, Ohio (see Is PTT Going to Build a Cracker in Belmont County, OH…or Not?). Yesterday gave us one more strong signal for the “yes they will build it” column.
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Equitrans Asks FERC to Allow MVP Construction Restart This Week

On Tuesday Equitrans Midstream sent the Federal Energy Regulatory Commission (FERC) an official letter (called a filing) politely requesting FERC get off its collective rear end and grant permission to resume construction activities for Mountain Valley Pipeline (MVP) so they can complete certain kinds of work before winter sets in. Equitrans requested an order allowing work to resume no later than…tomorrow!
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Dallas Fed Survey: Energy Execs Predict What’s Ahead for O&G

Each quarter the Dallas Federal Reserve conducts a survey of 150-200 oil and gas firms located or headquartered in the Eleventh District–Texas, southern New Mexico, and northern Louisiana. The energy company executives surveyed run companies that operate regionally, nationally, and some even internationally. The Dallas Fed released its latest quarterly Energy Survey results yesterday. We have a full copy below.
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Justin Bieber Captures the Plight of Laid-Off Oil & Gas Workers

Bet you never thought you’d read about (or watch) a Justin Bieber video on MDN. We never thought we would write about or feature Bieber’s music. But then we watched a video of his newest song called Holy, a video that’s been watched (so far) over 32 million times since it was released to Youtube on Sunday! In the video Bieber plays the part of an oilfield worker who gets laid off. It’s poignant. Frankly, it brought tears to our eyes.
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Other Stories of Interest: Thu, Sep 24, 2020

MARCELLUS/UTICA REGION: PUC orders Sunoco Pipeline to conduct public education & awareness meeting in Cumberland County; Boilermakers, CNX share stage to back fracking, pipelines and Trump; Energy secretary sees region’s plastics industry as critical; Trump slams Biden on fracking and trade at Pennsylvania rally; OTHER U.S. REGIONS: California should ban oilfield fracturing by 2024 and move to zero-emission vehicles by 2035, says Newsom; Can gas-fired power plants coexist with a net-zero target? Yes, Southern Company insists; NATIONAL: U.S. fracking services won’t recover to pre-pandemic levels until 2025; So, we’re back to “peak oil” again; Natural gas market deficit over winter may exceed 5 Bcf/d this coming cold season; INTERNATIONAL: OPEC+ agreement to reduce production contributes to global oil market rebalancing.
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