EQT COO Gary Gould “Resigns” – Company Eliminates Position
After Toby and Derek Rice seized control of EQT following a bruising proxy fight to control the board, Toby was named CEO of the company. Not long after that, Toby went on record to say he wasn’t cleaning house (see Toby Rice, EQT’s New CEO, is NOT Cleaning House re Top Management). And yet, that’s what it looks like from our point of view. In addition to former CEO Rob McNally and company attorney Jonathan Lushko getting the boot, the company’s chief operating officer (COO), and at least one other senior official, have exited.
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Chester County, PA District Attorney Tom Hogan has sunk to a new low. We told you back in January Hogan and his highly-paid staff, motivated by politics, were investigating Energy Transfer, their Sunoco Logistics division and anyone/anything to do with ET’s Mariner East pipeline projects, looking for “crimes.” All he found were minor violations by two off-duty PA constables (see 
Could we *finally* see some movement on an NGL (natural gas liquids) storage facility in the Marcellus/Utica? Indeed it seems possible–even likely. Mountaineer NGL Storage is planning to build an NGL storage operation in Monroe County, OH, located just across the river (and border) from West Virginia.
A paid political activist who is not a doctor but works for the so-called Physicians for Social Responsibility (left wing group), told a hearing in Murrysville (Westmoreland County), PA on Wednesday that she could not prove fracking leads to negative health affects on those living near the activity, but in the very next breath she essentially said it does, saying there’s a “strong correlation” between fracking an ill health. Her proof? A list of Big Green-paid for “health studies” (propaganda campaigns).
Anadarko Petroleum, as an independent company, is no more. The company has officially sold itself and is now merged into Occidental Petroleum in a cash, stock and assumption of debt deal worth $55 billion. At one point Chevron had a deal to buy Anadarko, but Anadarko left them at the altar, along with a $1 billion deal abortion payment (see 
We don’t know if you watched any of the most recent round of Democrat presidential debates. We couldn’t hack it personally. But some brave souls did, including Katie Klaber, former (founding) head of the Marcellus Shale Coalition and now head of her own consulting firm. Katie points out Bernie Sanders said the oil and gas industry is willfully destroying and planet and said those of us in the industry are engaging in “criminal activity.” You might just dismiss it as “just crazy Bernie,” he always talks that way. Except other candidates said equally disturbing things about the fossil fuel industry too. Katie says it’s time for candidates to stop vilifying our industry. She’s right.
MARCELLUS/UTICA REGION: NJDEP extends NESE comment period – sign now!; Dimock pigs to rigs lawyers lose control of Dimock client?; Trump reschedules visit to Beaver County; Pipelines are the safest option for Pennsylvania; NATIONAL: The U.S. leads the world in new oil & gas demand; Halcon Resources files for bankruptcy again; Trees to the Rescue! (video).