M-U Production Hits Record High in 1H21 – Most of It Heads Midwest
Our favorite government agency, the U.S. Energy Information Administration (EIA), published a post yesterday noting the Marcellus/Utica region set a new record high for natural gas production for the first six months of 2021. That caught our eye. However, it was a chart in that post that stopped us in our tracks. The chart shows pipeline takeaway capacity to other regions outside of the northeast. We always thought most of our gas went to the Southeast. Not so! The bulk of the gas flowing from the M-U goes to the Midwest.
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On Monday MDN told you that given supplies of natural gas going offline on the Gulf of Mexico due to Hurricane Ida, and given that the hurricane missed major LNG export facilities (meaning they will continue to operate and export gas), the price of natural gas was/is skyrocketing (see 
Yesterday the Pennsylvania Independent Regulatory Review Commission (IRRC) voted to approve the final Environmental Quality Board regulation to slap an insanely high carbon tax, euphemistically called the Regional Greenhouse Gas Initiative (RGGI), on PA’s coal and natural gas-fired power plants. The partisan vote was 3-2 (Democrats voting for, Republicans against) in favor of hiking electric rates by an extra $2.36 billion over the next 10 years. Is there any way to stop Gov. Tom Wolf’s illegal entry into RGGI?
In early August MDN told you about privately-owned Penn Production Group, LLC, which concentrates on exploration and production for oil and gas in western Pennsylvania. Penn Production closed on the purchase of certain assets owned by Greylock Energy in Clearfield County, PA (see 
Once again the issue of whether or not to use conventional (not shale) wastewater and its byproducts is in the news. The issue has long been debated in Pennsylvania. Earlier this week we brought you news from a recent study that finds more studies should be done on the issue of using brine wastewater to treat dusty roads in PA (see 
In early June Southwestern Energy Company announced it would no longer be a pureplay Marcellus/Utica driller. Southwestern said it was buying Indigo Natural Resources, which drills for natural gas in the Louisana Haynesville Shale, for $2.7 billion (see 
August 30 was RINO Neil Chatterjee’s last day at the Federal Energy Regulatory Commission (see 
OTHER U.S. REGIONS: Virginia’s coming elections to present showdown over renewable energy mandates; NATIONAL: WTI erases loss as US oil inventory report overshadows OPEC+ announcement; How the US became the world’s LNG price setter; US shale producers switch from DUCs to drilling; Progressives launch campaign to exclude gas from Congress’s clean electricity program; INTERNATIONAL: Blue hydrogen backlash ‘has ring of fracking row’: professor defends damning study.