Weekly Shale Drilling Permits for PA, OH, WV: Sep 28 – Oct 2
Somebody lit a fire under drillers in Pennsylvania last week! Or maybe we should say a fire was lit under the PA Dept. of Environmental Protection (DEP). PA issued 35 new permits last week spread pretty much across the entire state–in the northeast, central, and southwest portions of the state. Ohio, once again, issued no new Utica permits last week. West Virginia issued a single new permit last week.
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As the Mariner East 2 pipeline project nears completion, radicalized environmentalists who have failed to stop the project are getting desperate. And funny. They always “demand” things–have you ever noticed that about them? An arrogant lot who think they know better than you how to run your life.
Environmentalist wackos are the same the world over. They like to “demand” things of other people. We brought you news today of environuts in Pennsylvania demanding the state DEP shut down all drilling for the Mariner East 2 pipeline project based on a few drilling mud spills (see Environuts “Demand” PA DEP Revoke Remaining ME2 Permits). A different group of nuts, in Massachusetts, is demanding to see the emergency plans for a compressor station in Weymouth about to go online. You will comply, resistance is futile…
Exploration and production (E&P) companies, what we usually call drillers here on MDN, need capital (money), like any other big company. Cash is the oil in the engine that keeps any company operating (pun intended). E&Ps get money to keep operating from various sources, including banks and investment firms. According to an article appearing in Hart Energy’s Oil and Gas Investor magazine, E&Ps are currently “the most hated sector on Wall Street.” Ouch. The money has dried up. What will E&Ps do?
MDN is proud to partner with NGVAmerica (natural gas vehicles) to promote this year’s
MARCELLUS/UTICA REGION: Rep. Wendy Ullman, PovertyKeeper ally, does more political theater; OTHER U.S. REGIONS: This startup’s building a factory to sustainably turn natural gas into fertilizer; Minnesota Supreme Court hears oral arguments on proposed natural gas power plant; NATIONAL: $5 Henry Hub natural gas possible on colder winter, says Morgan Stanley; Dept. of Energy issues report on benefits of U.S. oil and natural gas; INTERNATIONAL: Qatar is winning the last great fossil fuel gold rush; Denmark removes final hurdle for Russian gas pipeline to Europe.