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28 New Shale Well Permits Reported for PA-OH-WV Jun 29 – Jul 5
The Marcellus/Utica region received 28 new drilling permits last week, June 29 – July 5, down 3 from two weeks ago. Last week, Pennsylvania issued 18 new permits. Ohio issued 4 new permits. And, West Virginia issued 6 new permits. The drillers who received new permits included: Antero Resources (6), CNX Resources (10), EOG Resources (4), EQT (1), Expand Energy (3), and Range Resources (4). Read More “28 New Shale Well Permits Reported for PA-OH-WV Jun 29 – Jul 5”
Ohio’s program to lease state-owned land for fracking beneath it (never on top) has been an astonishing success. Ohio has earned $314 million from leasing roughly 22,000 acres of state parks and wildlife areas for fracking. Most came from signing bonuses: $62 million for 6,200 acres under Salt Fork State Park and $238 million for Jockey Hollow and Egypt Valley wildlife areas. Royalties have also begun flowing—Infinity Natural Resources has paid $11.3 million from Salt Fork production since October 2025. 
Northeastern states outside established data center hubs are positioning for major growth that could reshape regional natural gas demand. Surprisingly, blue state Maryland is emerging as a secondary data center hub, supported by large hyperscale projects, new gas-fired generation, and transmission upgrades. Delaware is constrained by coastal regulation, while Massachusetts, Connecticut, and even the Communist state of Rhode Island are seeing proposals (although there is stiff opposition in all of those states). Maine is weighing large-load rules as a mill conversion advances, and New Hampshire and Vermont remain limited. 
Over the years, we have chronicled the far-left Chesapeake Bay Foundation’s (CBF) lawfare against fracking, gas-fired power plants, and pipelines (
The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook (STEO) yesterday. Using the official EIA dartboard, the STEO is the agency’s monthly best estimate of where energy prices and production will go over the next 12 months. There was a revision to the agency’s prediction about the spot price (at the Henry Hub) for natural gas in 2026 and 2027. Last month, the EIA predicted 2026 would end up with an average HH price of $3.60/MMBtu and 2027 would see an average of $3.46/MMBtu. Yesterday, the EIA revised both numbers up by a few pennies. The agency sees an average price of $3.67 this year, up seven cents from last month, and $3.49 in 2027, up three pennies. 
The International Gas Union’s 2026 World LNG Report shows global LNG trade hit a record high of 436.98 million tonnes (Mt) in 2025, up 6.3%—the strongest growth since 2022—driven by a 25.3 Mt surge in North American exports and Europe’s return as the key balancing market. Canada and Mauritania–Senegal became first-time exporters. Investment in new supply reached a six-year high. The LNG fleet grew 8.4% to 804 vessels, with 301 newbuilds on order, keeping freight rates depressed, while bunkering infrastructure expanded. Despite disruptions from the Gulf conflict that damaged infrastructure and the closure of the Strait of Hormuz, the IGU says LNG’s long-term demand outlook through 2035 remains intact. 
MDN will take off Thursday and Friday, July 9 & 10, as a brief summer vacation to spend time with family. We will return to catch you up on all the latest on Monday, July 13.
NATIONAL: U.S. natural gas futures settle with little change; Fed’s Williams stays optimistic as energy prices fall; US oil execs turn to Trump to topple Europe’s climate rules; The heat is political; INTERNATIONAL: Oil jumps after ship strikes spur US to revoke Iran sales waiver; Trump says ceasefire with Iran is over; LNG made up 45 percent of EU gas imports in 2025; Europe’s crisis is energy poverty, not a heat wave.