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Marcellus Drilling News
  • CNG/LNG | Energy Companies | Energy Services | EQT Corp | Exporting | Industrywide Issues | Pipelines | TC Energy/TransCanada | Williams

    EQT, TC Energy, Williams Launch Partnership to Promote LNG Exports

    October 12, 2022October 12, 2022

    EQT CEO Toby Rice has been and is on a mission to spread the gospel of LNG (see EQT CEO Toby Rice Unveils Nationwide Plan to “Unleash” U.S. LNG). We call Toby the Apostle of LNG. Yesterday, Apostle Toby (representing EQT), along with two other companies, TC Energy (formerly TransCanada) and Williams, launched a new group called Partnership to Address Global Emissions (PAGE). PAGE will advocate for policies that encourage the development of the infrastructure (pipelines) needed to increase the production and exporting of U.S. liquefied natural gas (LNG) to replace foreign coal and lower greenhouse gas (GHG) emissions.
    Read More “EQT, TC Energy, Williams Launch Partnership to Promote LNG Exports”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Boom! BlackRock Loses Another $200M – from South Carolina

    October 12, 2022October 12, 2022

    In just the past week, woke/leftist investment firm BlackRock (the largest investment firm in the world) has lost over $1 billion of investment money from two states: Louisiana (see Boom! Louisiana Divesting $800 Million from BlackRock Funds), and now South Carolina. BlackRock has been a major force in pressuring investors to divest from fossil energy companies. Several states, including Texas, West Virginia, Florida, Louisiana, and South Carolina, have decided to divest from the fossil energy divestors.
    Read More “Boom! BlackRock Loses Another $200M – from South Carolina”

  • Anti-Drilling/Fossil Fuel | Hydrogen | Industrywide Issues | Regulation

    One Main Reason “Inflation Reduction Act” Climate Law Will Fail

    October 12, 2022October 12, 2022

    The laughably misnamed Inflation Reduction Act (IRA) is now law. Hopefully, a Republican takeover in Congress in November will mute some of the aspects of this terrible new law, but we’re not holding our breath. IRA is the law and we must now deal with it as such. While there is a mini-gold-rush mentality about the law and its $8 billion allocated for hydrogen projects, the overall aim of the IRA is to transition the entire economy of the United States away from using fossil energy to using so-called renewable energy by showering renewables with mountains of money. We predict here and now that the effort to convert America to renewables using the IRA will utterly and completely fail–for one main reason…
    Read More “One Main Reason “Inflation Reduction Act” Climate Law Will Fail”

  • Industrywide Issues | Litigation | Pipelines | Regulation

    IER Transparency Project Reveals FERC Coordination with White House

    October 12, 2022October 12, 2022

    In a March 3rd Senate Energy and Natural Resources Committee hearing, Senator Bill Cassidy (R-LA) asked Federal Energy Regulatory Commission (FERC) Chairman Richard “Dick” Glick this question: “Has anyone higher up in the [Biden] administration ever spoken to you in regards to somehow slow-walking or otherwise impeding or otherwise accentuating policy that would have the effect of impeding the development of natural gas pipelines?” Chairman Glick responded with an unambiguous “no.” Yet FERC refused to release records of communications and meetings with the White House to back up Glick’s statement. The Institute for Energy Research (IER) promptly filed a lawsuit (and nine others since) to probe the extent of the involvement of the Biden White House in reshaping FERC’s policies. FERC continues to stonewall the IER’s requests. What is FERC, and The White House, hiding?
    Read More “IER Transparency Project Reveals FERC Coordination with White House”

  • Anti-Drilling/Fossil Fuel | Electrical Generation | Hydrogen | Industrywide Issues

    Food & Water Watch Radicals Hate Hydrogen as Much as Natural Gas

    October 12, 2022October 12, 2022

    If fossil energy companies believe they can make their chosen business and industry more palatable to radical environmentalists, like Food & Water Watch (FWW), by jumping into hydrogen whole-hog, they need to think again. As we’ve been warning for months, the kook/left/fringe of the environmental movement has declared hydrogen as big of an enemy as natural gas (see Antis Begin to Turn Against Blending Hydrogen in NatGas Pipes). Even if a former natgas-fired power plant is converted to use 100% “green” hydrogen (absolutely no natural gas used to create the hydrogen), FWW still wants to burn the former gas-fired plant down. Apparently, the stain of fossil fuel sins is so deep nothing can redeem it–not even green hydrogen. These people are truly whacked.
    Read More “Food & Water Watch Radicals Hate Hydrogen as Much as Natural Gas”

  • ESG | Industrywide Issues

    America First Energy Fund Launches to Invest in U.S. Oil & Gas

    October 12, 2022October 12, 2022

    EnergyFunders recently launched a new fund called America First Energy Fund I. The fund will follow a similar structure to EnergyFunders’ previous investment opportunities, focusing primarily on helping secure the U.S. energy supply, while providing investors with potential tax breaks by investing in new oil and gas wells. What a breath of fresh air! A company that specifically seeks to invest in the oil and gas industry, NOT in so-called renewables.
    Read More “America First Energy Fund Launches to Invest in U.S. Oil & Gas”

  • Best of the Rest

    Other Stories of Interest: Wed, Oct 12, 2022

    October 12, 2022October 12, 2022

    MARCELLUS/UTICA REGION: OOGEEP offering first responders new, immersive, hands on training; The real ‘existential threat’ is government promoting green energy; OTHER U.S. REGIONS: UBS dropped from $3.4 billion Texas natural gas securitization pricing; NATIONAL: Biden has hampered domestic energy while pleading for more foreign oil; Oil and gas producers cut debt 11% during pandemic; Biden vows consequences for Saudi Arabia after OPEC+ decision; INTERNATIONAL: Putin’s ‘gas blackmail’ is failing as LNG allows Europe to end dependence on Russia.
    Read More “Other Stories of Interest: Wed, Oct 12, 2022”

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