CNX Signs Deal with PA Gov. to Increase Setbacks, Other Changes
We have to confess this news came suddenly out of left field. And we’re still struggling with what to make of it. Yesterday, CNX Resources CEO Nick DeIuliis, author of Precipice: The Left’s Campaign to Destroy America (in which he writes about the “leeches” of the left), stood at a podium in Washington County, PA, with PA’s head leftist leech Gov. Josh Shapiro, to announce a voluntary deal for CNX to expand drilling setbacks and several other regulatory steps not mandated for shale drillers under PA law. Is this a sellout by DeIuliis? Or is it a masterstroke in which DeIuliis has shown us how to outsmart the left and beat them at their own game? That’s the question we’re struggling with.
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The next few weeks will tell the story of whether or not the final nail has been driven into the coffin of the Regional Greenhouse Gas Initiative (RGGI) carbon tax in Pennsylvania. Yesterday, we brought you the really big news that PA’s Commonwealth Court voted 4-1 to block the state from joining RGGI (see 
Pipeline giant Williams issued its third quarter update yesterday. Among the news of interest for the Marcellus/Utica was a statement by Williams CEO Alan Armstrong that the company completed the first half of Transco’s Regional Energy Access Expansion (REAE) project well ahead of schedule (on Oct. 21). The company is working with FERC to get the completed portion of the project online and flowing asap. REAE is a plan to beef up the Transco pipeline in Pennsylvania and New Jersey to deliver an extra 829 MMcf/d of Marcellus gas to PA, NJ, and Maryland. The initial portion (now complete) will flow about half that amount (see 
Clean Fuel Services LLC, a subsidiary of Hog Lick Aggregates LLC, is one of fourteen partner companies from West Virginia, Ohio, and Pennsylvania providing hydrogen production, offtake, and connective infrastructure for the Appalachian Regional Clean Hydrogen Hub (ARCH2) project. Clean Fuel’s role is to develop a hydrogen fuel depot in Fairmont (Marion County), WV, as part of ARCH2. The depot will provide a “one-stop-shop” for customers transitioning heavy-duty and medium-duty trucks, construction equipment, delivery vehicles, and bus fleets from diesel to hydrogen.
New shale permits issued for Oct 23 – 29 in the Marcellus/Utica increased again. There were 26 new permits issued last week, versus 22 the week before. Last week’s permit tally included 18 new permits in Pennsylvania, 7 new permits in Ohio, and 1 new permit in West Virginia. Coterra Energy was the top permittee for the week, drawing 7 permits in Susquehanna County, PA. Chesapeake Energy was #2 with 5 permits issued in Sullivan County, PA.
OTHER U.S. REGIONS: Cureton Midstream announces sale to Williams; Bayswater deploys innovative nitrogen technology in DJ Basin; NATIONAL: Chevron in talks on 15-year LNG supply contracts into Europe; US October LNG exports climb to second highest level on record; INTERNATIONAL: These are the 10 most mentioned oil and gas companies on X.