Other Stories of Interest: Thu, Dec 21, 2023
OTHER U.S. REGIONS: Court rules Oregon’s landmark climate change regs invalid; NATIONAL: Rockefellers still heavily invested in oil companies; How gas pipeline rates are really set and why you should care; INTERNATIONAL: ING plans to phase out of oil and gas financing after COP28; Oil edges up as rising US stockpiles dim Red Sea chaos.
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MARCELLUS/UTICA REGION: Look at the evidence; OTHER U.S. REGIONS: Chevron slashes Calif. spending on ‘adversarial’ fossil fuel policies; NATIONAL: Biden govt sets only three fossil fuel leases for 2024–29; America was in a better position when Trump was president; Democrats revolt against Biden plan for expanded gas exports; INTERNATIONAL: US frackers return to haunt OPEC’s pricing strategy; SNB told to end fracking investment in petition signed by 60,000.
New shale permits issued for Dec 4 – 10 in the Marcellus/Utica were up by 2 over the previous week. There were 27 new permits issued last week versus 25 issued two weeks ago. However, there was a major surprise! Last week’s permit tally included 8 new permits in Pennsylvania, 9 new permits in Ohio, and 10 new permits in West Virginia. The pattern is typically the opposite, with PA receiving the most permits and WV the least. The company receiving the most permits last week was EQT Corporation, with all 10 of WV’s permits all on the same well pad in Marion County.
NATIONAL: WVU research helps power plants recycle water using O&G wastewater; USA oil supply now exceeding high expectations; U.S. push to decarbonize plays out differently from state to state; INTERNATIONAL: John Kerry emits loud fart during speech at climate panel.