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Federal Court Tosses Challenge to WV’s 2022 Forced Pooling Law

Hopefully, we’re now at the conclusion of an effort to overturn a bill passed in early 2022 by the West Virginia legislature, Senate Bill (SB) 694, which finally brought forced pooling for shale wells to the Mountain State after eight years of trying (see WV House Passes Forced Pooling Bill, Done Deal When Gov Signs). A lawsuit brought by two West Virginia landowners seeking to overturn the state’s forced pooling (i.e., unitization) law was put on pause by a federal judge in December 2022 (see WV Landowner Lawsuit to Block Forced Pooling Law Dealt Another Blow). The federal judge said the lawsuit belongs in state court and that he did not have jurisdiction over the case. West Virginia officials disagreed and appealed the ruling to the next rung up the federal court ladder (see WV Appeals Lawsuit re Forced Pooling Law to Higher Fed Court).
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Martins Ferry Mayor Gives Update on Closed Frack Wastewater Facility

Yesterday, MDN reported that Ohio Attorney General Dave Yost took legal action on Monday, seeking to force Austin Master Services (AMS) in Martins Ferry (Belmont County), OH, to correct “egregious violations of Ohio law” regarding the storage of oil and gas waste that he says threatens the Ohio River and Martins Ferry’s drinking water supply (see Ohio AG Sues Austin Master Services for Unsafe Storage of Wastewater). Last night, Martins Ferry Mayor John Davies addressed the ongoing situation of the now-shuttered AMS facility at the biweekly City Council meeting. We learned some interesting things in reading his comments.

4/8/24: Please see an important update about the ownership of AMS below.
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BLM Floats Draft Assessment for Drilling in OH’s Wayne Nat’l Forest

Like a phoenix rising from the ashes, the seemingly moribund effort to drill shale wells on land located in Ohio’s Wayne National Forest (WNF) is active once again. WNF is a patchwork of public and private mineral rights that covers over a quarter million acres of Appalachian foothills of southeastern Ohio. For years, the Bureau of Land Management (BLM) blocked new permits and drilling in WNF. During the Trump administration, the BLM began to auction off federal leases and permits (see our stories about BLM auction in WNF here). However, a federal judge blocked drilling in WNF in 2021 after Biden seized control of the White House (see Federal Judge Blocks Permits to Drill in OH’s Wayne Natl Forest).
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U.S. NatGas Production Grew by 4% in 2023; M-U Grew 3% – 1.2 Bcf/d

According to the data geeks at the U.S. Energy Information Administration (EIA), U.S. natural gas production grew by 4% in 2023, which was similar to the growth in 2022. U.S. gas production in 2023 averaged a whopping 125.0 Bcf/d (billion cubic feet per day). In 2023, more natural gas was produced in the Appalachia (Marcellus/Utica) region of the Northeast than in any other U.S. region, accounting for 29%, or 37.7 Bcf/d, of gross natural gas production. However, production growth in Appalachia slowed because our region doesn’t have enough pipeline takeaway capacity to transport more natural gas out of the region to the markets that would buy it.
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The Many Lawsuits Challenging Woke SEC’s Climate Disclosure Reg

Earlier this month, the U.S. Securities and Exchange Commission (SEC), corrupted by the Bidenistas, voted 3-2 (three Democrats vs. two Republicans) to issue a final regulation that will force all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face (see Woke SEC Adopts Modified Version of Climate Disclosure Reg). The end result of the Biden SEC’s new regulations will be to “kneecap” oil and gas companies (see SEC Reg Requiring Disclosure of Climate Change Risk “Kneecaps” O&G). And that’s the purpose. The Bidenistas and the left are looking to close down fossil fuel companies by using regulatory agencies like the SEC. Not so fast. A plethora (too many to count) of companies, organizations, and states are suing the SEC in an attempt to overturn the new reg.
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Mississippi Issues BlackRock Cease & Desist Order re ESG Investing

BlackRock, the largest investment firm in the world with over $9 trillion in assets under management, continues to reap the bitter fruit of its woke ESG investment strategies. Last week, we told you that Texas has pulled some $8.5 billion away from BlackRock over its ESG ways (see Texas Yanks $8.5 BILLION Out of BlackRock re ESG). Yesterday, the State of Mississippi sent BlackRock a “cease and desist” order accusing the company of fraud in its representations to Mississippi investors. Larry Fink (CEO of BlackRock) is up to his rear-end in alligators.
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Research Survey Shows NJ Residents Strongly Prefer Natural Gas

New Jersey Governor Phil Murphy, an extreme radical, is attempting to force the residents of his state to give up natural gas and convert to using electricity for everything (see NJ Gov Murphy Seeks to Ban NatGas for Heat, Appliances Statewide). Murphy may want to check in with those he supposedly governs. A recently conducted public opinion survey finds that an overwhelming majority of New Jersey residents prefer natural gas to heat their homes and power their appliances. A research poll from Affordable Energy for New Jersey conducted earlier this month of nearly 1,200 registered New Jersey voters revealed that 76% view natural gas as a favorable energy source. Of those surveyed, 67% also favor natural gas over electricity.
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Other Stories of Interest: Thu, Mar 28, 2024

MARCELLUS/UTICA REGION: Capito writes EPA boss about concerns on proposed natgas tax; OTHER U.S. REGIONS: Climate protesters block Amazon’s Seattle HQ to oppose fossil fuel plans; Berkeley will repeal its landmark ban on natural gas in new homes; What’s causing negative gas prices in the Permian and how long will they last?; NATIONAL: Macquarie sees USA oil production exiting 2024 at 14M bpd; ESG by any other name would smell just as bad; INTERNATIONAL: Oil falls as U.S. inventories increase.
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