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Marcellus Drilling News
  • Anti-Drilling/Fossil Fuel | Energy Services | Equitrans/EQT Midstream | Industrywide Issues | Litigation | Pipelines | Regulation

    Equitrans Files to Dismiss 2 Remaining Lawsuits Blocking MVP

    June 8, 2023June 8, 2023

    Last week, the U.S. House and Senate voted to approve the Fiscal Responsibility Act of 2023, to raise the debt ceiling. President Biden signed the bill on Saturday. A section in the bill forces federal government agencies and courts to complete all necessary authorizations to finish building the 94% completed Mountain Valley Pipeline (see Equitrans Announces Mountain Valley Pipe to Get Completed in 2023). The bill removes the right of the U.S. Court of Appeals for the Fourth Circuit (4th Circuit) to hear any more cases concerning MVP. There are two current active cases before the clown judges of the 4th Circuit. Equitrans (MVP) has filed a motion to dismiss both lawsuits.
    Read More “Equitrans Files to Dismiss 2 Remaining Lawsuits Blocking MVP”

  • Commodity Price | Industrywide Issues | Research

    EIA Slashes 2023/24 NatGas Price Prediction in June STEO Report

    June 8, 2023June 8, 2023

    Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Last month the EIA predicted an average price at the Henry Hub of $2.91/MMBtu for 2023, and $3.72/MMBtu for 2024 (see U.S. NatGas Production to Hit Record High in 2023, Demand to Fall). The June STEO, issued earlier this week, lowers both of those projections once again–trimming the 2023 number by 8.8% and the 2024 number by 8%.
    Read More “EIA Slashes 2023/24 NatGas Price Prediction in June STEO Report”

  • Energy Companies | Northeast Natural Energy

    Northeast Natural Energy Drilling for NatGas for “Decades to Come”

    June 8, 2023June 8, 2023

    Last week MDN brought you the news that Northeast Natural Energy (NNE) has begun to drill a geothermal and carbon capture and sequestration (CCS) data collection well as part of a study being conducted by West Virginia University and the U.S. Dept. of Energy (see M-U Driller Northeast Natural Energy Believes Geothermal the Future). We highlighted comments by an NNE employee that implied the company views its future as drilling geothermal wells instead of drilling for natural gas. After that post, NNE sent us an official statement to clarify that the company DOES believe drilling for and using natural gas will be here for “many decades to come.”
    Read More “Northeast Natural Energy Drilling for NatGas for “Decades to Come””

  • Industrywide Issues | Litigation

    Fed Judge Certifies Class Action Against Glenn O. Hawbaker, Inc.

    June 8, 2023June 8, 2023

    Glenn O. Hawbaker, Inc., long known for providing stone quarries and asphalt plants in Pennsylvania and Ohio, also provides civil construction services for shale well sites. In August 2021, Pennsylvania Attorney General Josh Shapiro announced a plea deal with Hawbaker to pay back $20 million in alleged “stolen wages” from over 1,000 Hawbaker employees (see PA Construction Co. Glenn Hawbaker Pays $20M for “Stolen Wages”). According to Shapiro’s office, Hawbaker deposited retirement funds from one set of employees into a retirement fund account that benefits other employees, including Hawbaker management. Following the plea deal, three former Hawbaker employees filed a civil lawsuit against the company, asking a federal judge to convert their lawsuit into a class action (see Judge Asked to Certify Class Action Against Glenn O. Hawbaker, Inc.). On Tuesday, June 6, the judge granted their request.
    Read More “Fed Judge Certifies Class Action Against Glenn O. Hawbaker, Inc.”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA | Taxation

    PA’s Johnny One-Note Dems Once Again Harp on Severance Tax

    June 8, 2023June 8, 2023

    Here we go again. The shale-hating Democrats of the Pennsylvania legislature have floated a resolution to “study” how much money the Commonwealth is losing by not imposing an obscene severance tax on top of the existing impact fee (which is a severance tax by another name). Every single year Tom Wolf occupied the governor’s chair (eight loooooong years), his budgets insisted on including a Marcellus-killing severance tax. And every single year, the Republican-controlled legislature wisely refused. With a new Democrat governor, Josh “do nothing” Shapiro, and with the Dems now controlling the House (by a single vote), they are at it again–hoping to enact a Marcellus-killing severance tax. The first step is to “study” it…
    Read More “PA’s Johnny One-Note Dems Once Again Harp on Severance Tax”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Groups Buying Media to Attack American Energy Have Ties to Russia

    June 8, 2023June 8, 2023

    Russia is not only an evil actor by invading a neighbor and murdering innocent civilians (Ukraine), for years, Russia has been an evil actor by funding Big Green groups that target U.S. domestic energy production. An expose running in RealClearEnergy details how Russia has funded organizations that have hired “journalists” to write propaganda against American energy companies. This one will make your blood boil…
    Read More “Groups Buying Media to Attack American Energy Have Ties to Russia”

  • Best of the Rest

    Other Stories of Interest: Thu, Jun 8, 2023

    June 8, 2023June 8, 2023

    MARCELLUS/UTICA REGION: WV governor announces company to turn plastics into hydrogen; Cindy Adams Dunn confirmed to serve as Secretary DCNR; Senate Republicans pass bill taking ‘Protection’ out of DEP name; NATIONAL: Biden admin is preparing to target Americans’ gas furnaces amid stove crackdown; Williams to complete two US natgas pipe projects on time in Q4 2024; Slow pace of US gas infrastructure buildout is ‘recipe for disaster’; House panel investigates ties between Interior secretary, antis; INTERNATIONAL: Exxon CEO tells Europe to follow USA approach to climate action.
    Read More “Other Stories of Interest: Thu, Jun 8, 2023”

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