Best of the Rest

MARCELLUS/UTICA REGION: Manchin trails Justice by 13 points in new WV Senate poll; Columbia Gas temporarily halts service for nearly 4,000 Pittsburgh-area residents; OTHER U.S. REGIONS: Tellurian requests 3 more years to finish Driftwood LNG; NATIONAL: More infighting at Sierra Club; New golden era for natgas storage looms as demand, rates rise; Doubts around shale response to high prices re-emerge; BlackRock clients pull $13 billion from long-term funds.
Read More “Other Stories of Interest: Mon, Oct 16, 2023”

OTHER U.S. REGIONS: Pioneer’s Sheffield caps career with $151MM Exxon payday; NATIONAL: Lawmakers probe Sher Edling re undisclosed advisers; EIA expects most U.S. households will spend less on energy this winter; Natural gas needs to climb mid-$3 wall to sustain rally; What ExxonMobil’s merger with Pioneer means for U.S. shale.
Read More “Other Stories of Interest: Fri, Oct 13, 2023”

OTHER U.S. REGIONS: Charleston’s climate suit is a stalking horse for the Green New Deal; NATIONAL: Pete Buttigieg chased from event by climate protesters; Biden admin issues regs impacting air conditioners, refrigerators; INTERNATIONAL: Qatar inks 27-year gas supply deal with France’s TotalEnergies.
Read More “Other Stories of Interest: Thu, Oct 12, 2023”

MARCELLUS/UTICA REGION: Natural gas prices will decrease in W.Va. for 2023-24; NATIONAL: Electric vehicles all queued up with nowhere to go; U.S. crude oil exports reached a record high in first half of 2023; Exxon to buy shale rival Pioneer for $59.5 billion in stock; INTERNATIONAL: Spot LNG prices languish ahead of seasonal demand uptick; OPEC will have a pavilion at COP climate summit for first time; Israel-Hamas conflict directly impacts oil and gas prices.
Read More “Other Stories of Interest: Wed, Oct 11, 2023”

MARCELLUS/UTICA REGION: Local couple first EQT leaseholders to contribute to WCCF fund; OTHER U.S. REGIONS: Calif. Gov. Newsom signs law requiring businesses to disclose emissions; NATIONAL: Investment titan BlackRock mutes ESG talk amid backlash; The oil patch is primed for an era of megadeals; Bidenomics at work: ‘green’ hydrogen is a very expensive waste of money; INTERNATIONAL: Chevron shuts down natural gas platform near Gaza Strip; Despite echoes of 1973, this is not your father’s oil crisis.
Read More “Other Stories of Interest: Tue, Oct 10, 2023”

OTHER U.S. REGIONS: Tellurian seeks more time to complete Driftwood LNG terminal; NATIONAL: Exxon Mobil closing in on megadeal with shale driller Pioneer; Oil drops below $83 on demand fears; Oil could hit $100/bbl as OPEC+ sticks with supply cuts; Peak hourly U.S. electricity demand in July 2nd highest since 2016; ESG has lost its meaning; Haaland’s daughter has ties to Cuban Communists; INTERNATIONAL: Rystad analysts say oil demand peaking, predict $60 a barrel by 2027; Chevron Australia LNG workers threaten to resume strikes.
Read More “Other Stories of Interest: Fri, Oct 6, 2023”

NATIONAL: A new study zaps Biden’s plan to transform the electrical grid; Oil plummets amid demand outlook concerns; What McCarthy’s fall means for energy, environment policy; INTERNATIONAL: Germany reactivates coal plants for winter power boost.
Read More “Other Stories of Interest: Thu, Oct 5, 2023”

NATIONAL: Giant gas-to-methanol machines could curb methane emissions; INTERNATIONAL: OPEC’s oil production grows for a second month despite Saudi cut; Southeast Asia is set to drive up demand for natural gas.
Read More “Other Stories of Interest: Wed, Oct 4, 2023”

NATIONAL: Biden’s ‘war against oil’ is pushing prices up, US shale execs say; The dangerous delusion of a global transition to “just electricity”; INTERNATIONAL: Big Oil CEOs defend themselves against climate criticism.
Read More “Other Stories of Interest: Tue, Oct 3, 2023”

MARCELLUS/UTICA REGION: Progressive PACs heavily outspend free-market advocates in Pa.; OTHER U.S. REGIONS: Largest EV charging station in world powered by diesel generators; TXOGA analysis finds Texas output hits record highs; NATIONAL: DOE targets key energy challenges with $264MM funding; US power grids must adapt to rapid electrification, operators say; BP’s US boss to leave company weeks after CEO Looney; White House prohibiting official travel to fossil fuel conferences; INTERNATIONAL: French say you should only be able to fly 4 times in your life.
Read More “Other Stories of Interest: Mon, Oct 2, 2023”

MARCELLUS/UTICA REGION: Why West Virginia really turned on Manchin; OTHER U.S. REGIONS: Where does DeSantis stand on the issue of fracking in Florida?; Cummins tests new natural gas engine in California; Jackson Hole’s EV buses poster child for energy transition failure; NATIONAL: Oil is near $100 and shale isn’t coming to the rescue; US natural gas: Hot weather helped, but winter a wildcard; INTERNATIONAL: Aramco to buy $500MM stake in MidOcean, eyeing global LNG; Japan LNG stocks drop to lowest since end-Jan 2021.
Read More “Other Stories of Interest: Fri, Sep 29, 2023”

NATIONAL: Rising oil prices boost US drilling, producer costs rise; INTERNATIONAL: Shell CEO comes under pressure from within on renewables shift; Brent crude oil expected to average $96 per barrel in Q4.
Read More “Other Stories of Interest: Thu, Sep 28, 2023”

MARCELLUS/UTICA REGION: Climate litigation would close Pennsylvania for business; OTHER U.S. REGIONS: Cheniere Energy cuts intake at 2 US LNG plants by 1 bln cubic feet/day; NATIONAL: NYT’s monstrous misrepresentation of U.S. fracking operations; INTERNATIONAL: World’s top shareholder urges systemic change to rein in oil emissions; Demand for coal, oil and natural gas to peak within 10 years.
Read More “Other Stories of Interest: Wed, Sep 27, 2023”

NATIONAL: The air’s gone out of the climate-crisis balloon; Oil headed for $150 without US support for more drilling; Big Green law firm getting probed by U.S. Senate; INTERNATIONAL: Winter gas price rally unlikely despite recent volatility; Uniper secures LNG until late 2030s to feed European demand; India seeks more natural gas amid emergency measures to end blackouts.
Read More “Other Stories of Interest: Tue, Sep 26, 2023”

OTHER U.S. REGIONS: EV battery factory in Kansas powered by coal energy; NATIONAL: Roundhill Investments launches LNG ETF; Ponds release more greenhouse gas than they store; Goldman Sachs predicts $100 oil as renewable transition falters; Shale tycoon Hamm wants end of ‘roller coaster’ US energy plans; Clean ammonia projects proliferate; INTERNATIONAL: EU opens third round of matchmaking for potential gas deals; Sacrifices needed at the altar of the green gods.
Read More “Other Stories of Interest: Mon, Sep 25, 2023”

INTERNATIONAL: Where does oil come from? Because it isn’t dinosaurs; Russia temporarily bans diesel exports; Hedge funds add fuel to oil price rally, bets on rise above $100; Strikes end at Chevron’s Australian LNG facilities; European energy at risk of overdependence on unreliable supply; LNG crucial to German energy strategy, ministry official says.
Read More “Other Stories of Interest: Fri, Sep 22, 2023”