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Marcellus Drilling News
  • Energy Companies | EQT Corp | Rice Energy

    EQT Issues Gold Proxy Card, Letter to Shareholders Refuting Rice Plan

    May 24, 2019May 24, 2019

    On Monday Toby and Derek Rice–the Rice brothers (formerly owners of Rice Energy that sold itself to EQT in 2017) sent an open letter to EQT shareholders and a “white” proxy card, asking shareholders to vote for the Rices’ picks as board members (see Rice Brothers Drop 2 Proposed Board Members from Rice Proxy Card). Yesterday EQT responded by issuing its own letter to shareholders along with a copy of a “gold” proxy card, which contains the names for EQT’s board picks, calling them “highly qualified nominees.”
    Read More “EQT Issues Gold Proxy Card, Letter to Shareholders Refuting Rice Plan”

  • Industrywide Issues | Ohio | Pennsylvania | Research | Statewide OH | Statewide PA | Statewide WV | West Virginia

    New Study: PA NatGas Carbon Emissions HALF that of Coal Mining

    May 24, 2019May 24, 2019

    A new study just published in the peer reviewed journal Geophysical Research Letters by an international team of researchers finds that natural gas “has half the carbon footprint of underground coal mining.” The researchers looked at (did measurements of, actual real science) methane in the atmosphere by flying transects over the southwestern portion of Pennsylvania and adjacent portions of West Virginia and Ohio. Marcellus/Utica central. One of the researchers from Penn State said this about the findings: “Obviously, renewable energy would be better, but there is no debate, switching to natural gas is worth it in the short run.”
    Read More “New Study: PA NatGas Carbon Emissions HALF that of Coal Mining”

  • Exporting | Industrywide Issues | NGLs | Statewide WV | West Virginia

    WV Sen. Joe Manchin “Sours” on Promised $83B Chinese Investment

    May 24, 2019May 24, 2019

    During a President Trump trade trip to China in November 2017, Chinese officials signed an informal (non-binding) agreement to invest a whopping $83.7 billion in shale and petrochemical projects located in West Virginia (see China Agrees to Invest Amazing $83.7 BILLION in WV Shale, Petchem). Then the “trade war” with China happened, and so far, from November 2017 until now, not one red yuan has been invested. “I signed a trade deal and all I got was this lousy t-shirt.” One of WV’s U.S. Senators, Joe Manchin, says he thinks the Chinese have no interest in investing in an ethane cracker, petrochemical or manufacturing plants in the Mountain State. Instead, IF they invest (big IF), the Chinese, says Manchin, plan to invest in exporting NGLs out of the state.
    Read More “WV Sen. Joe Manchin “Sours” on Promised $83B Chinese Investment”

  • Industrywide Issues | Landfills | Pennsylvania | Westmoreland County

    PA’s Out-of-Control AG to Investigate Landfill Effluent as “Crime”

    May 24, 2019May 24, 2019

    The smear job Pittsburgh Post-Gazette propagandists Don Hopey and David Templeton began last week continues this week–an attempt to connect drill cuttings (leftover rock and dirt from drilling a hole in the ground) to “toxic” chemicals coming from a landfill in Westmoreland County where the drill cuttings are less than half of the dumped waste. The effluent–runoff from the landfill–is piped to a nearby sewage treatment facility in Belle Vernon for processing and discharge into the Mon River.
    Read More “PA’s Out-of-Control AG to Investigate Landfill Effluent as “Crime””

  • Electrical Generation | Industrywide Issues | New York | New York County | Regulation | Statewide NY

    Bye Bye New York City “Peakers” – Hello New York City Blackouts

    May 24, 2019May 24, 2019

    Earlier this year, under the direction of New York Gov. Andrew Cuomo, the state issued new draft regulations aimed at shutting down most of the state’s “peaker plants”–small electric generating plants that produce electricity for brief periods during high demand (see Cuomo Banning 3,500 MW of Electric Generation w/No Replacement). The plants are powered by nasty, filthy fossil fuels and that, according to Lord Cuomo, must end. Most of NY’s peaker plants are located in New York City and Long Island.
    Read More “Bye Bye New York City “Peakers” – Hello New York City Blackouts”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Video

    UK Guardian Newspaper Goes 100% Propaganda on Climate “Reporting”

    May 24, 2019May 24, 2019

    You may think we’re being hyperbolic when we say this (but we’re not): You’re being lied to, on a regular basis, by so-called mainstream news organizations. Like the New York Times. Like the Washington Post. Like CNN. Like…the UK Guardian, a major news rag from across the pond. The editor of the Guardian has instructed “reporters” at the newspaper to go full-bore propaganda when “reporting” on global warming. Its scary. It’s Joseph Goebbels-type stuff. Our friend Mark Mathis at the Clear Energy Alliance has a new video to explain…
    Read More “UK Guardian Newspaper Goes 100% Propaganda on Climate “Reporting””

  • Best of the Rest

    Energy Stories of Interest: Fri, May 24, 2019

    May 24, 2019May 24, 2019

    MARCELLUS/UTICA REGION: PA PUC names Seth Mendelsohn new executive director; Environmentalists protest expansion of compressor station; NATIONAL: Escalating U.S.-China trade war makes LNG projects vulnerable stateside; INTERNATIONAL: Alberta aiming to scrap carbon tax with new legislation.
    Read More “Energy Stories of Interest: Fri, May 24, 2019”

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