NatGas Drilling Rigs Hit New High, 54 More than Pre-Pandemic
According to data compiled by the U.S. Energy Information Administration (EIA), U.S. natural gas producers are operating more drilling rigs now than they did when the COVID-19 pandemic began in early 2020. Before the pandemic, the number of rigs operating in the United States had generally been declining. In Jan. 2020, the gas-focused rig count stood at 112. That number took a nose dive and hit a low of 68 rigs on July 24, 2020 (the lowest since 1987). But as of Sept. 9 of this year, Baker Hughes reports that 166 natural gas-focused rigs were operating in the U.S.
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The Catholic nuns of Lancaster County’s Adorers of the Blood of Christ are still, all these years later, trying to shake down Williams for more money because of a pipeline that runs underneath a cornfield owned by the sisters (hence our nickname for them). Using lawyers from Big Green groups, the nuns are arguing their “religious beliefs” were offended by the pipeline because it flows a nasty, filthy fossil fuel that causes global warming. Even though the sisters own and operate a home heated by natural gas at the same location! Williams should be suing the nuns, not the other way around.
While mainstream media is trying to convince you that the Democrats have a real chance of holding onto the House and Senate in the November election, don’t believe it. It’s not true. What you can expect to see and hear in news reports in the coming weeks are stories about “what if” the Republicans do win back majorities in both chambers–because they can’t afford to be so obviously wrong when there’s a Republican landslide. Expect to see stories asking, What will happen next? What about how a Republican sweep impacts the recently passed (misnamed) Infrastructure Reduction Act? And how does Republican control impact the so-called Infrastructure bill passed last year? S&P Global tackles those questions, saying Republicans have options to slow down, counter, and mute those idiotic bills. We pray to God it happens.
Yesterday MDN brought you the news that on Wednesday, the NYMEX price of natural gas soared 10% in a single day, due largely to the threat of a nationwide rail strike that would limit coal shipments to electric generating plants, causing huge demand for natural gas (see
In June, German Chancellor Olaf Scholz spoke to Canadian Prime Minister Justin Trudeau about Germany buying LNG from Canada (see
Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 30 new drilling permits, down from the 40 permits issued the week before. PA roared back to life by issuing 21 of the 30 permits, with OH issuing just three and WV issuing six.
MARCELLUS/UTICA REGION: Protests, other actions planned for next week’s Pittsburgh climate summit; Ohio to use $25 million in federal funds to cap orphaned wells; NATIONAL: Denying access to energy…the new normal?