5 Men Get Probation for Years-Old Marcellus Truck Emissions Scam
We finally come to the end of a saga that began nearly three years ago, in Sept. 2018 when six men were charged with conspiring to illegally alter emissions systems on 30+ trucks with heavy-duty diesel engines, trucks used to haul water and wastewater to and from Marcellus Shale wells (see 6 Charged with Bypassing Emissions Controls on Marcellus Trucks). All six pled guilty. One of the six did jail time. The other five were finally sentenced last week–to probation.
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In May MDN brought you the news that landowner Gateway Royalty was sounding the alarm over a new bill quickly advancing in the Ohio legislature. House Bill (HB) 152 would use forced pooling if 65% of a proposed unit’s landowners are leased (too low a bar) and also would force the landowner to accept a 12.5% royalty and force them to accept post-production deductions with royalties in some cases potentially going down to nothing (see
As temperatures rise across the U.S. and Americans flip on air conditioning which makes a big draw on the electric grid, stocks of natural gas in storage are decreasing. Natgas is used to generate electricity. When there’s less supply to meet existing or growing demand, economics 101 tells us the price of the good or service (in this case natural gas) goes up. And indeed that’s exactly what’s happening. As the price of natgas increases, so too does the share price for M-U drillers.
Each quarter NGI (Natural Gas Intelligence) runs the numbers and publishes a list of the 25 top natural gas marketers in the U.S. These are not necessarily the top 25 producers of natural gas (although in some cases they are), but the top 25 sellers (vendors, jobbers) of natural gas. NGI’s latest quarterly report shows overall the biggest sellers of natgas “lost ground” once again in 1Q21, which continues a two-year trend of year over year declines in the amount of gas sold.
A small group of extremist left-wing Democrats in Pittsburgh are demanding Allegheny County Executive Rich Fitzgerald, himself a Democrat and long-time supporter of the Marcellus Shale industry, turn against shale. Last week around 30 fossil fuel haters delivered a petition signed by 300 fellow haters to Fitzgerald’s office. He didn’t cave to the pressure, so the haters became more aggressive, going to Fitzgerald’s house yesterday in their attempts to bully him into submission. The cops told them to clear out or get arrested.
As we told you in April, President Biden launched a new program to be funded with $109.5 million aimed at figuring out how to convince fossil fuel workers to be happy taking a huge pay cut and installing solar panels and windmills instead of making far more money in a far more meaningful job working in fossil fuels (see
OTHER U.S. REGIONS: Altus Midstream finds way to thrive amid energy downturn; Big wind and big solar got $22 billion in subsidies in Texas; Maine becomes first state to order public fossil-fuel divestment; NATIONAL: Oil prices climb for fourth straight week; Hydrogen substitution for natural gas in turbines: Opportunities, issues, and challenges; Natural gas is now a punching bag but can it withstand the pummeling?; Senators press Interior Secretary Haaland on oil lease pause; INTERNATIONAL: Oil boom 2021: OPEC+ thinks U.S. Shale has been tamed for awhile; EIG-led group closes $12.4 billion deal to buy Aramco pipeline stake; OPEC secretary urges member countries to continue oil investments.