Drillers like CNX Resources (formerly CONSOL Energy) file to drill new shale wells on a pretty regular basis, no big deal. So why would we highlight CNX’s recent filing to drill four Utica wells in Westmoreland County, PA?
Read More “CNX Files to Drill 4 Utica Wells on Pad w/Existing Marcellus Wells”
In December, Columbia Pipeline asked the Federal Energy Regulatory Commission (FERC) for permission to start up an additional section of its Mountaineer XPress Pipeline in West Virginia (see Columbia Asks FERC to Start Up 2/3rds of Mountaineer XPress Pipe). The good news is that on Wednesday, FERC said yes.
Read More “FERC OK’s Mountaineer XPress Pipe to Start Up in WV”
Another situation is brewing with Gulfport Energy not unlike the situation at EQT. One of (we’re pretty sure THE) largest shareholders in Gulfport, investment firm Firefly Value Partners, is not happy with either the board of directors or current management, saying very publicly (via a letter, below) that the current board lacks “necessary skills and experience” to turn the company’s poorly performing stock around. Ba boom!
Read More “Gulfport’s Largest Investor Not Happy with Board or Management”
The Pennsylvania Public Utility Commission (PUC) yesterday upheld an administrative law judge’s December decision against an “emergency” request by pipeline opponents to shut down both Mariner East 1 and 2 by claiming they are unsafe and need to be stopped. Can we FINALLY put this to rest and move on? ME1 and ME2 are both now online. There’s no going back.
Read More “PA PUC Affirms Decision to Reject ME 1&2 Pipe Shutdown Request”
We expect liberal Democrats like the far-left PA Gov. Tom Wolf to keep harping on a Marcellus-killing severance tax on natgas production in PA, even though the state already taxes production via an impact fee (i.e. tax). That’s what lib Dems do! They take money from economic producers and give it away to economic parasites who vote them into office–like teachers’ unions. But we don’t expect Republicans to sponsor such dumb initiatives.
Read More “RINO PA Sen. Tomlinson Introducing 5% Severance Tax Bill”
Shell has calmed the troubled Ambridge waters–that is, the Ambridge Water Authority waters. Shell hit a snag with plans to build its Falcon Ethane Pipeline when the Ambridge Water Authority claimed construction of the pipeline under several streams feeding the Ambridge reservoir would endanger the drinking water for 30,000 people (see Ambridge Water Authority Strongly Opposes Shell Ethane Pipe Route).
Read More “Ambridge Water Authority Changes Tune re Shell Ethane Pipeline”
Honest to God, we want to know, how do people get this stupid? Four adult men–three so-called farmers and one 38-year-old egghead student–chained themselves to a fossil fuel-belching farm tractor in the middle of a busy road in Connecticut to block a shipment of turbines on the way to a new natgas-fired electric plant under construction…in order to protest fossil fuels.
Read More “4 Protesters Arrested in CT for Blocking Gas-Fired Turbine Shipment”
MARCELLUS/UTICA REGION: EQT announces date and time for conference call to discuss 2019 guidance, analyst presentation; ACP official: Work on natural gas pipeline won’t recommence prior to March; Seven permits issued in Ohio’s Utica; Mariner East 2 pipeline will deliver economic jolt to Pennsylvania; Andrew Cuomo copies Ocasio-Cortez with his own ‘Green New Deal’ for New York; NATIONAL: EIA expects relatively flat natural gas prices, continued record production through 2020; Why pipeline opposition undermines environmental progress and safety; Bad bets on oil, gas spark wave of energy-fund closures; Florida Congressman wants to revive Obama-era fracking rule; INTERNATIONAL: Gas pipeline infrastructure market to hit $2 trillion by 2024.
Read More “Energy Stories of Interest: Fri, Jan 18, 2019”