Cabot Oil & Gas issued an operational update yesterday to announce that because of persistently low prices for natgas, as of Sept. 18 the company curtailed approximately 372 million cubic feet equivalent per day (MMcfe/d) of gross production to finish out the last 13 days of the quarter. After that?
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Here’s a new one for us: The Leach XPress pipeline project has a teeny tiny presence in the southwestern corner of Pennsylvania. We did not know that! Just 1.74 miles of the pipeline runs through PA, but that small section has earned the builder, Columbia Gas, a big fine.
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Based on the suspect testimony of a “whistleblower,” the radical Clean Air Council (CAC) has filed a notice of its intent to sue Sunoco Pipeline claiming the company prevented professional geologists working on the project from properly inspecting and investigating environmental conditions, including subsidence, near the pipelines. Yet another sham lawsuit by a sham organization.
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It might help anti-fossil fuel radicals if they at least got a few of their facts right. Facts are typically missing from their hysterical proclamations. Case in point: An anti addressed the Ransom Township board earlier this week (Scranton, PA suburb) to try and convince the board to pass a resolution against trucks hauling LNG from traveling through the community on the way to Interstate 81. Her wild claims were false.
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Caterpillar is expanding in the oil and gas business. Weir Group is selling its entire oil and gas division to Caterpillar for $405 million. Weir, which manufactures equipment used in fracking, has two offices in Pennsylvania and three in West Virginia to service the Marcellus/Utica.
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The results of a new study conducted by Penn State researchers surprised them. The study looked at who and how much influence happens with state regulations adopted for fracking. The operating assumption, based on an incessantly biased media, is that states are in the dark and beholden to the oil and gas industry. That “frackers” ride roughshod over state regulators. The researchers found that’s simply not the case.
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MARCELLUS/UTICA REGION: W&J alum discusses energy possibilities in region; OTHER U.S. REGIONS: Coal, nuclear retirements in US Midwest might boost gas-fired power demand; NATIONAL: Domestic oil, natural gas political contributions wane amid coronavirus fallout; Chevron workers face demands to reapply for jobs under global restructuring – sources; Natural gas market: production falls to a new multi-year low; EIA lowers 2020, 2021 oil & natural gas price forecasts; Brace yourself for natural gas supply and demand mismatch on Hurricane Delta; The best case for and against a fracking ban; INTERNATIONAL: A $100 billion Big Oil divestiture plan is coming; EU Parliament votes to raise 2030 climate target to 60%.
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