Marcellus Drilling News

Hydrogen | Industrywide Issues | Ohio | Statewide OH

Ohio Consortium Makes a Play to Attract $2 Billion Hydrogen Hub
April 12, 2022April 20, 2022

Pennsylvania, Ohio, and West Virginia are all scrambling to form intrastate working groups or other alliances in an attempt to be THE state chosen for one of four regional hydrogen hubs funded by the recently passed so-called Biden infrastructure bill (see WV, OH, PA Compete Against Each Other to Attract $2B Hydrogen Hub). The new law provides $8 billion for four regional hydrogen hubs. We’ve previously told you about the efforts launched by both PA and WV to land a hydrogen hub. We now have more details about the Ohio Clean Hydrogen Hub Alliance, a consortium of Ohio businesses, nonprofits, public officials, and universities seeking to do the same for the Buckeye State.
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Commodity Price | Industrywide Issues

NatGas Makes a Run at $7/MMBtu – Highest in 13 Yrs – “Fear Premium”
April 12, 2022April 20, 2022

The “front month” May NYMEX natural gas futures contract “exploded” (poor choice of words?) yesterday, going up 37 cents in a single day to close at $6.64/MMBtu. Yesterday’s price for NYMEX natural gas was the highest in the past 13 years. In trader’s language, “key resistance” has been in the $6.10-$6.30/MMBtu range. Previous price rallies “petered out” after going past $6, never getting by $6.30. That’s all behind us now. So why are prices spiking now with warmer spring weather on the horizon?
Read More “NatGas Makes a Run at $7/MMBtu – Highest in 13 Yrs – “Fear Premium””
Anti-Drilling/Fossil Fuel | Industrywide Issues | Pipelines

Climate Crazies Turn Out in Springfield, MA to Protest Tiny Pipe
April 12, 2022April 20, 2022

A group of nearly 200 protesters from some 60 different wacko anti-fossil fuel groups (an average of 3 1/3 person per “group”) turned out last weekend to protest a tiny 5-mile pipeline proposed in the Springfield, Massachusetts area. It was a coordinated effort by Big Green aimed at shaming local politicians into opposing Eversource’s Western Massachusetts Natural Gas Reliability Project (formerly called the Greater Springfield Reliability Project under previous owner Columbia Gas of Massachusetts). The purpose of the pipeline is to function as a backup, to prevent the gas from being turned off for 58,000 Eversource customers in the region.
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Anti-Drilling/Fossil Fuel | Electrical Generation | Industrywide Issues

Anti-Drilling Zealots Attack Plans for Small 55 MW MA Peaker Plant
April 12, 2022April 20, 2022

Yesterday MDN told you about anti-fossil fuel zealots in New Jersey who irrationally hate all fossil energy, including natural gas, opposing three new electric power plants planned for the Garden State (see NJ Anti-Drilling Zealots Attack Plans for 3 New Gas-Fired Plants). Massachusetts is a lot like NJ when it comes to liberals who hate fossil energy. The antis in MA, like those in NJ, are taking aim at a small “peaker” power plant that would generate up to 55 megawatts of electricity purely as a backup. The plant will be off most of the time, yet antis are attacking the plant like it’s radioactive.
Read More “Anti-Drilling Zealots Attack Plans for Small 55 MW MA Peaker Plant”
Anti-Drilling/Fossil Fuel | ESG | Industrywide Issues

Do Gas Drillers Know Anti Groups are Funding ESG Certifications?
April 12, 2022April 20, 2022

Last week MDN brought you the news that MiQ, one of three major certification authorities that put its stamp of approval on “responsible gas” production (i.e. low methane leakage), announced that MiQ’s Digital Registry of Independently Certified Gas currently has 350 billion cubic feet (Bcf) of “responsibly produced gas” ready for buying and selling. MiQ also announced it has launched a new certification service called the Certified Supply Chain (see MiQ Says 350 Bcf Responsible Gas Ready to Buy via Digital Registry). However, did you know that a number of big money, anti-fossil fuel nonprofits are funding MiQ?

The post below was updated with a response from MiQ on April 14, 2022.
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Anti-Drilling/Fossil Fuel | Industrywide Issues

The Earth Needs More Plant-Fertilizing Carbon Dioxide, Not Less
April 12, 2022April 20, 2022

Paul Driessen is the senior policy advisor for the Committee For A Constructive Tomorrow (CFACT) and author of many books, reports, and articles on energy, climate, and environmental issues. He is one of the top thinkers, speakers, and writers on the issue of so-called global warming. We’ve brought you columns from Driessen before, on occasion. Driessen recently published another fantastic column about the need for MORE carbon dioxide in the atmosphere–not less.
Read More “The Earth Needs More Plant-Fertilizing Carbon Dioxide, Not Less”
Best of the Rest

Other Stories of Interest: Tue, Apr 12, 2022
April 12, 2022April 20, 2022

NATIONAL: The new White House rule: Do not talk about Joe Manchin; INTERNATIONAL: Oil down as Covid outbreak reaches record levels in China; Oil worker shortage hits Canada.
Read More “Other Stories of Interest: Tue, Apr 12, 2022”