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Nat’l Rig Count Drops 10 @ 566; Marc. Down 1 @ 24, Utica Adds 2 @ 13
The Baker Hughes U.S. rig count dropped like a rock last week, down 10 rigs to its lowest level since November 2021. It is the first time the count has slumped for four consecutive weeks since 2024. On a happier note, the combined Marcellus/Utica count rose by two rigs to 37 active rigs. However, there was a change between the plays (and states) in the M-U. The Pennsylvania Marcellus lost one rig, now at 17 rigs, while the Ohio Utica picked up two rigs, now at 12 rigs. West Virginia remained the same with eight active rigs. Read More “Nat’l Rig Count Drops 10 @ 566; Marc. Down 1 @ 24, Utica Adds 2 @ 13”
The editors of the Pottsville, PA, Republican Herald newspaper in northeastern Pennsylvania raise an important issue that should be considered in light of the flurry of announced (and rumored) data centers planned for northeastern PA. The editors look forward to the massive economic boom such centers would create. However, as with any industry, there are drawbacks, negatives to be aware of and plan for. In the case of data centers, the lack of zoning ordinances may bite municipalities on the backside. It’s time to address these issues now, before these massive facilities are built. 
Net Power, backed by the Rice brothers (of Rice Energy and EQT fame), is on a mission to develop and deploy revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see 
With heavy doses of false statements littered throughout, there is (somehow) new news in a New York Times article appearing on Saturday. The article proclaims, “E.P.A. Wants to Erase Greenhouse Gas Limits on Power Plants.” The Times says it got its hands on internal documents (someone at the EPA needs to be fired) that show the agency has crafted a draft plan that says carbon dioxide and other greenhouse gases from power plants that burn fossil fuels “do not contribute significantly to dangerous pollution” and they don’t contribute to so-called climate change because they are a small and declining share of global emissions. 
The murdering thug dictators of the OPEC+ cabal are once again showing their true colors. The last time Donald Trump was in office, OPEC+ 
OTHER U.S. REGIONS: QatarEnergy, ExxonMobil LNG project to start production this year; NATIONAL: Trump says he’s eyeing Russia sanctions, calls Putin ‘crazy’; WTI settles at $61.53 in light trade; Industry groups react to House passage of “one big beautiful bill”; Victory for energy freedom, the House (finally) limits IRA subsidies.