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Ohio Supreme Court Accepts AG Case Against Rover Pipeline
In Nov. 2017 the Ohio Attorney General’s office under then-AG Mike Dewine (RINO swamp dweller, now governor) sued Energy Transfer at the prompting of the Ohio EPA claiming the company’s Rover Pipeline project was guilty of “polluting state waters while constructing a natural gas pipeline across Ohio” (see OH EPA Director Manipulates Atty General to Sue Rover Pipeline). A Stark County judge threw the case out in March 2019 (see OH Judge Tosses AG’s Lawsuit Against Rover Pipe Enviro Violations).
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We’re learning far more about the oil business than we ever thought we would, due to the price crash brought on by the coronavirus and the Saudis and Russians dumping. Yes, oil and gas are an industry that goes together–but natural gas really is a different kind of business overall. Different kind of drilling, different kind of pipelines, different economics. We don’t know about you, but we always thought an oil driller could simply shut-in a well (essentially turn off a valve) and later, when the economics returned, just open the valve again and let the oil flow. Boy were we wrong! Shutting in a well is a major decision with long-term consequences. It’s not just flipping a switch or turning a valve.
Simon-Kucher & Partners, a global strategy and marketing consulting firm along with Rice University surveyed 195 oil and gas industry experts from around the world. They published their findings in a report titled “2020 Oil & Gas Crisis Study.” The upshot, the sentiment, is that the current crisis faced by oil companies is largely homegrown. We did it to ourselves.
MDN is floating a potential new feature. We’d like your feedback. Below are lists of new shale drilling permits issued for the past four weeks for each state: Pennsylvania, Ohio, and West Virginia. Permits issued are a strong indicator of future drilling activity. Typically it is a matter of weeks to perhaps a month or two after a new permit is issued when a driller begins work on a new well. Permits are one of the best ways of predicting future drilling activity.
MDN editor Jim Willis isn’t much into tooting his own horn. But, well, this is kind of slow news day, so we’ll toot. Marcellus Drilling News began as a hobby and side project in January 2009. Little did Jim know that it would grow to become his full-time job and in April 2020, the blog/news site would surpass having 20,000 posts. That milestone was reached last week.
MARCELLUS/UTICA REGION: Marcellus Shale Coalition donates to Wayne Memorial Hospital; CNX Resources announces pricing of $300 million of convertible senior notes; NATIONAL: Trump could use ‘nuclear option’ to make Saudi Arabia pay for oil war; In 2019, U.S energy production exceeded consumption for the first time in 62 years; Here’s why oil majors may struggle to find bargains in the shale patch; Demise of U.S. shale means global oil price spikes this decade; Big changes impacting ethane and LPG markets; The ripple effects of COVID-19 on natural gas power generation; INTERNATIONAL: How these two countries could doom earth, according to UN chief.