Judge Dismisses Bucks County, PA “Sneaky” Lawsuit Against Big Oil
In March 2024, we reported that two Democrats and one anti-drilling RINO who run Bucks County, PA government (a Philadelphia suburb) fell for the bait by Big Green and filed a lawsuit against Big Oil companies for supposedly, knowingly, causing the Earth to toast to a cinder (see Bucks County, PA, Sues Big Oil for Causing “Climate Change”). The lawsuit seemingly came out of nowhere. Green groups hatched it secretly, including the Center for Climate Integrity (CCI) – a Rockefeller-funded D.C. activist group. There were no public meetings. No public input. No public announcements. It was completely hush-hush, with a total media blackout until the lawsuit was filed (see Bucks County, PA Lawsuit Against Big Oil Violated Transparency Law). In March of this year, the county judge in charge of the case called the lawsuit “sneaky” (see Bucks County, PA, Judge Skeptical of “Sneaky” Climate Lawsuit). That same judge dismissed the case last Friday “with prejudice,” meaning Big Green cannot file the same or similar lawsuit again, at least in Bucks County. Read More “Judge Dismisses Bucks County, PA “Sneaky” Lawsuit Against Big Oil”
EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), owns nearly half a million acres of leases in the Ohio Utica (~460,000 acres). EOG calls its position the “Ohio Utica combo play” and considers it one of the company’s “premium” and “emerging” plays. EOG concentrates on oil drilling in the Utica. During the company’s first quarter 2025 update in early May, we learned that EOG is cutting $200 million from its 2025 spending plan, believing Trump’s tariffs will lead to a slowdown in oil demand. However, the company is not cutting spending or work in the Utica. 
Yesterday, the NYMEX “front month” natural gas price index got whacked and whacked good. The price sank $0.221 from the previous day, down to a closing price of 3.113/MMBtu. Below-average temperatures are forecasted in most of the eastern half of the country over the next 6-10 days, meaning less use of natgas for cooling. Production is steady, and gas heading into storage is forecasted to be high. The bottom line is that too much supply for not enough demand is sinking prices. The question is, how low will the price go? Will we once again break through the $3 barrier? 
In January, MDN brought you the news that TECfusions, based in Tampa, Florida, had purchased 1,395 acres in Upper Burrell (Westmoreland County), PA, for a groundbreaking data center project called TECfusions Keystone Connect (see 
The data center high tide is lifting all gas drilling boats. That’s according to a new study from S&P Global Commodity Insights that finds the expectations of a coming boom in demand for electricity for data centers, which will create a boom in demand for natural gas to produce the electricity, is causing gas drilling companies to increase in value. It’s hard to accurately quantify the value for private companies, but for public companies (those with stock that trade on the open market), we can confirm that over the past year, the value for drillers with significant operations in the Marcellus/Utica has, on average, risen dramatically. 
In January 2024, the sleazeballs that operated Joe Biden’s autopen slapped a “pause” on allowing the Department of Energy (DOE) to review and issue export approvals for any new LNG export facilities (see 
OTHER U.S. REGIONS: Dominion Energy awards grants to 352 nonprofits across multiple states; US natgas prices at Waha hub in Texas fall into negative territory; Venture Global exported record LNG in Q1; NATIONAL: CFACT’s Myers challenges BlackRock’s board on ESG; Backlog for natural gas turbines expands on surging demand, supply constraints; INTERNATIONAL: Oil ends higher after volatile day; Spain boosts gas power to secure grid after blackout; UK, EU agree to link carbon markets in post-Brexit reset; A new IEA report and the Iberian blackout end dreams of an ‘energy transition’; China has secretly installed kill switches in solar panels sold to the West; EU faces extra €10bn bill to refill gas stores after cold winter.