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PA Rig Count Stays Down, M-U @ 32; National Count Drops 1 @ 585
Two weeks ago, Pennsylvania lost two rigs, down to just 13 active rigs, the lowest PA’s rig count has been since July 2016 (see PA Craters, Drops 2 Rigs, M-U @ 32; National Rig Count Adds 1 @ 586). That’s the lowest rig count for PA in more than eight years. Last week, PA and the other two Marcellus/Utica states, OH and WV, remained constant in their rig counts (13, nine, and ten, respectively). The national rig count collectively lost one rig last week and now stands at 585. Read More “PA Rig Count Stays Down, M-U @ 32; National Count Drops 1 @ 585”
Kentucky has seen unprecedented economic growth in recent years like other southern states. Data centers are looking to Kentucky for future expansion. Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU), both part of PPL Corporation, are forecasting in their Integrated Resource Plan (IRP) the need for additional power generation due to the expected influx of data centers and economic development across their service territories. The companies want to build two new natural gas combined-cycle generation units—one in 2030 and another in 2031. 
It is just coming to light for us now that back in August, Hope Gas, a large local utility company that provides gas service to more than 131,000 residential, industrial, and commercial customers in thirty-seven West Virginia counties, filed a rate case with the state Public Service Commission (PSC) looking to convert customers who use a “farm tap” gas system to either propane fuel or electric heat for their homes. The change would affect around 600 customers, removing them from the ability to use local natural gas. 
AES Indiana, formerly known as Indianapolis Power & Light Company, is a utility company providing electric service to the city of Indianapolis. It is a subsidiary and largest utility of AES Corporation. In August, AES Indiana said that it wants to invest $1.1 billion in Pike County, IN, to convert the company’s two remaining coal-fired power plants to run natural gas instead (see 
Air Products, headquartered in the Lehigh Valley area of Pennsylvania (Allentown area), once manufactured huge rocket-looking “production trains” or “heat exchangers,” which are pieces of equipment that turn natural gas into liquefied natural gas (LNG), in a plant in Wilkes-Barre, PA. The heat exchangers manufactured by Air Products in Wilkes-Barre were two-thirds of a football field long (180 feet) and used by plants all over the world to condense natural gas into a liquid. Air Products shut down the Wilkes-Barre plant in 2017. However, it kept operating a second LNG manufacturing plant in Port Manatee, Florida. A few weeks ago, the company announced that it had completed the process of selling its LNG technology manufacturing business, including the Port Manatee facility, to Honeywell for $1.8 billion (see 
For more than three years, MDN has called out the International Energy Agency (IEA) and its executive director, Dr. Fatih Birol, as nothing more than tools of Big Green. We’ve reported on many of the IEA’s fake predictions about peak demand for oil and natural gas (see 
Net zero is a goal to balance the amount of so-called greenhouse gases (GHG) emitted into the atmosphere with the amount removed. Mythical net zero can be achieved by reducing emissions and removing carbon from the atmosphere. One of the ways net zero dreamers think they can save Mom Earth is to eliminate natural gas-fired power plants and replace them with alternatives like unreliable solar and wind. According to an article by law firm Spilman Thomas & Battle, PLLC, “The primacy of natural gas is not likely to change soon.” Translation: Natgas isn’t going anywhere. 
NATIONAL: WTI crude sees biggest weekly drop in over a year; The high costs of obstructing LNG exports; U.S. ‘zombie summer’ saps energy demand and natural gas prices; INTERNATIONAL: Dubai firm takes control of Russian LNG ships in effort to skirt sanctions; Former Russian oil executive found dead after ‘fall.’