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  • Energy Companies | EQT Corp

    EQT Working on Deals with Data Centers; MVP & Southgate Key Assets

    February 20, 2025February 20, 2025

    EQT Corporation, the nation’s second-largest natural gas producer after Expand Energy, delivered its fourth quarter and full-year 2024 update yesterday. The company, which drills solely in the Marcellus/Utica, produced 605 Bcfe of natural gas and equivalents during 4Q, which works out to be 6.58 Bcfe/d, despite curtailing 27 Bcfe (or 0.29 Bcfe/d, the same as 290 MMcf/d). Aside from the stats of what happened in 4Q24 and for the full year, much of the chatter in the update was about what is coming in 2025. EQT’s top brass said it is deep in discussions with multiple data centers and will likely have a few signed deals to provide gas to data center power plants by the end of 2025. Read More “EQT Working on Deals with Data Centers; MVP & Southgate Key Assets”

  • Industrywide Issues | Ohio | Research | Statewide OH

    Report Reveals Ohio’s Largest Oil & Gas Counties, Royalty Payers

    February 20, 2025February 20, 2025

    The Ohio Natural Energy Institute (ONEi) is a nonprofit organization of professionals who educate people about the essential energy that makes life better, specifically focusing on natural gas and oil production. ONEi provides trusted, factual information through teacher workshops, first responder training, guest speaker programs, and more. The organization used to be called Ohio Oil and Gas Energy Education Program, or OOGEEP (see OOGEEP Renames & Rebrands Itself as Ohio Natural Energy Institute). The organization publishes some great materials, including a brand-new report titled The Essential Facts on Essential Ohio Energy (copy below). This report is loaded with great information. Read More “Report Reveals Ohio’s Largest Oil & Gas Counties, Royalty Payers”

  • Industrywide Issues | Pennsylvania | Regulation | Statewide PA

    PA Gov. Nominates Swamper to Stop “Acting,” Become DEP Secretary

    February 20, 2025February 20, 2025
    Jessica Shirley

    Pennsylvania Gov. Josh Shapiro, himself a swampy career politician, has nominated another swampy career politician to stop “Acting” and become the full Secretary of the Department of Environmental Protection (DEP). Jessica Shirley, with a bachelor’s degree in political science and a master’s in public administration, has been Interim Acting Secretary of the DEP since October 2023 when Shapiro’s first DEP Secretary, Rich Negrin, suddenly left due to health issues (see PA DEP Sec. Negrin Resigning Dec. 8 – On Medical Leave Until Then). Shirley is a lifer, working in Harrisburg government positions (run by Democrats) since she graduated from college. Read More “PA Gov. Nominates Swamper to Stop “Acting,” Become DEP Secretary”

  • Commodity Price | Industrywide Issues | Weather

    NYMEX NatGas Price Jumps Another 27.3 Cents to $4.28/MMBtu

    February 20, 2025February 20, 2025

    Yesterday, MDN noted the NYMEX “front month” futures price of natural gas had jumped 28.2 cents to close just above $4/MMBtu (see Wx Drives March NYMEX Price to Close at $4/MMBtu, Spot Price Higher). The price did it again. Yesterday, the NYMEX price for March delivery closed +6.8% to $4.280/MMBtu, a new 52-week high and the highest settlement value for the front-month contract since December 30, 2022. U.S. natural gas has surged 40% this month alone and 18% year-to-date. Read More “NYMEX NatGas Price Jumps Another 27.3 Cents to $4.28/MMBtu”

  • Industrywide Issues | Regulation

    Trump EO Puts FERC, SEC, Other Agencies Under White House Control

    February 20, 2025February 20, 2025

    Two days ago, President Trump signed yet another executive order, this one called “Ensuring Accountability for All Agencies.” We’ve lost count of how many he’s signed! This latest EO is a really, hairy, big deal. This EO gives the president sweeping control over the budgets, policies, and regulations of independent U.S. agencies that oversee the energy sector, financial markets, trade, and transportation. Agencies like the Federal Energy Regulatory Commission (FERC) and Securities and Exchange Commission (SEC). Predictably, the left is shouting, “Dictator!” They are in full meltdown mode. The right is arguing the 50+ “independent” agencies created by Congress (but nominally under the Executive Branch) are an unelected bureaucracy not accountable to anyone—not to the President, not to Congress, and not to the courts. If this EO stands, it will fundamentally remake our federal government. That’s not hyperbole. Read More “Trump EO Puts FERC, SEC, Other Agencies Under White House Control”

  • Best of the Rest

    Other Stories of Interest: Thu, Feb 20, 2025

    February 20, 2025February 20, 2025

    NATIONAL: U.S. faces obstacles on road to supplying the world’s natural gas; Can the U.S. utility industry rise to its Sputnik moment?; INTERNATIONAL: WTI tops $72 amid crude supply concerns; Putin says global energy market needs Russia-US-Saudi talks; In a major shift, Japex to prioritise oil and gas investment through 2030. Read More “Other Stories of Interest: Thu, Feb 20, 2025”

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