US Methanol Confirms MDN Rumor – 2 (or More) Plants Coming to WV
Last week MDN was the first to share the news that the California-based US Methanol is building at least two, rumored up to five, methanol plants in the Mountain State (see Rumor: US Methanol Building 5 Methanol Plants in WV). MDN shared a rumor (based on a source) that until we disclosed it, was not public knowledge: The first methanol plant they will build will be in Institute, WV, and the second in Belle, WV–both in the Charleston region. We now have confirmation of that rumor via several news accounts. We also told you that both plants were being disassembled in other countries and brought here. We now know which countries are losing the plants that will be reassembled in Institute and Belle…
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In April 2014 MDN brought you the exciting news that a father and son team, Andrew and Matthew Dorn (based in Buffalo, NY) would build a 549-megawatt electric generating plant, powered by Marcellus Shale, in Moundsville (Marshall County), WV (see
As we reported yesterday, the Federal Energy Regulatory Commission (FERC) has found a way to eliminate the histrionics practiced by anti-fossil fuel nutjobs who want to oppose the PennEast Pipeline at FERC hearings (see
Ultra Petroleum, based in Houston, TX, is an independent exploration and production (E&P) company mainly focused on drilling in the Green River Basin of Wyoming. Ultra also drills for oil in the Uinta Basin/Three Rivers area in Utah. In addition, Ultra maintains a position in the Pennsylvania Marcellus shale with leases on 184,000 gross (91,000 net) acres–no small amount. They aren’t currently drilling on their Marcellus acreage, but if prices change, they likely would. That is, if they make it through bankruptcy. At the end of April Ultra filed for Chapter 11 bankruptcy (see
Earlier this month MDN reported that oilfield services company Seventy Seven Energy (SSE), the former Chesapeake Oilfield Operating company, had popped out of bankruptcy in record time–just two months after declaring bankruptcy (see
PDC Energy, a driller in the Wattenberg Field in Colorado and the Utica in Ohio, paused their Utica drilling program in 2015 (see
The Center for Sustainable Shale Development (CSSD) has fought stiff headwinds from the beginning. The organization was founded by a group of Pennsylvania shale industry people and environmentalists reaching across the isle to forge strict new standards both sides can live with. Environmental leftists, like Mamma Teresa Heinz Kerry and her Heniz Endowments, pulled support and have actively worked against the CSSD (see
With the low low price of natural gas and oil currently in place–and not letting up any time soon–the frenzy of shale drilling has slowed. So fossil fuel haters have turned their focus from fracking and stopping it, to pipelines and stopping them. Antis understand that pipelines are critical to getting natural gas to market–and without pipelines drilling will stop. So money and time and effort is being poured into the effort to stop pipeline projects. Enough! The Consumer Energy Alliance (CEA), a national consumer advocacy group, has just launched a national campaign called “Pipelines for America” to counter the lies and smears coming from fossil fuel haters. The campaign is aimed at educating American consumers about the vital importance of our pipeline infrastructure–and that more pipelines are needed to keep energy prices low AND to protect the environment. Here’s the CEA announcement of this important new initiative…
Black & Veatch, a ginormous engineering, consulting and construction company, recently released their “2016 Strategic Directions: Electric Industry Report” (full copy below). The report captures Black & Veatch’s global engineering and thought leadership to examine how distributed electric generation, the low price of natural gas and modern customer information systems represent growth opportunities for the electric industry–even as security concerns are on the rise and legacy power generation sources (i.e. coal powered plants) are fading away, being replaced by new natgas technology. One trend MDN editor Jim Willis did not foresee when he started writing about the Marcellus industry back in January 2009 was the rise of natgas-fired electric generating plants–and the critically important role they would play in the Marcellus/Utica region. This B&V report provides useful insights into how natgas and electric generation are increasing “joined at the hip”…
Pennsylvania residents: It’s time to (once again) show your support for the Atlantic Sunrise Pipeline project, a $3 billion, 198-mile project running through 10 Pennsylvania counties to connect Marcellus Shale natural gas from PA with the Williams’ Transco pipeline in southern Lancaster County. It is a much-needed pipeline to move more Marcellus gas south, to new markets. In the past MDN has asked you to sign letters going to the Federal Energy Regulatory Commission (FERC) and to the PA Dept. of Environmental Protection (DEP). And you, our dear readers, have been the most responsive audience to get behind the effort to support this project. Thank you! We’re coming to you again with a new request. 
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Utica rigs drop by 2; PA AG Kane resigns; DEP holds Mariner East 2 hearing in Harrisburg; Dakota pipeline reveals split in Democrat Party; big oil tries to frack again; DOE Sec. Moniz loves fracking – good for the environment; LNG exports impacting US natgas supplies; and more!