Best of the Rest

MARCELLUS/UTICA REGION: EPA to deny permission for continued operation of SWPA coal ash disposal; NATIONAL: U.S. crude oil production will increase to new records in 2023 and 2024; Democrats, eco groups take aim at other home appliances amid gas stove debate; Fossil fuel profits roar back; Do Chinese donations explain Biden’s energy policies?; INTERNATIONAL: Fundamentals strong enough for $90+ oil period.
Read More “Other Stories of Interest: Thu, Jan 26, 2023”

OTHER U.S. REGIONS: Texas oil & gas industry paid record $24.7bn in taxes and royalties; Daily natgas spot prices in western U.S. exceed $50.00/MMBtu in Dec.; NATIONAL: Joe Biden’s opposition to natural gas hits home; A smart House GOP oil and gas play; INTERNATIONAL: This will be the decade of energy storage, Woodmac believes.
Read More “Other Stories of Interest: Wed, Jan 25, 2023”

OTHER U.S. REGIONS: New program helps finance natural gas pipelines into Chicago suburb; NATIONAL: Wind turbines taller than the Statue of Liberty are falling over; Exports are now the driving force in U.S. crude, gasoline and distillate markets; INTERNATIONAL: Envoy says USA to boost pressure on China to stop importing Iran oil; How will Russia’s oil and gas industry fare in 2023?; Germany still years away from replacing Russian gas capacity; The single oil spill that can disrupt the global energy supply.
Read More “Other Stories of Interest: Tue, Jan 24, 2023”

MARCELLUS/UTICA REGION: Businesses, groups tell lawmakers PA regulatory burden, high energy costs must be lowered; NATIONAL: Investors plow into renewables, but projects aren’t getting built; INTERNATIONAL: Iran oil gushes into global market; U.S. LNG, underground storage help save Europe from another tough winter; Rhetoric from Davos dominated the week in energy; 185 global ports can bunker LNG.
Read More “Other Stories of Interest: Mon, Jan 23, 2023”

OTHER U.S. REGIONS: Oklahoma treasurer makes energy discrimination a top issue; Calls grow for fossil fuel giants to pay into $75B fund to reverse climate change; NATIONAL: Upstream oil and gas will have another strong year in 2023; Increasing renewables likely to reduce coal and natural gas generation over next two years; The Biden administration finally admits its mistake in canceling the Keystone XL pipeline; How Al Gore has made $330m with climate alarmism; INTERNATIONAL: UK Labour Party calls for inverse OPEC alliance; Oil demand set to rise to record in 2023.
Read More “Other Stories of Interest: Fri, Jan 20, 2023”

NATIONAL: Ethane exports driving surge in production and infrastructure; Are triple digit oil prices in your future?; INTERNATIONAL: Aramco sees oil demand picking up; Aramco acquires trading arm of USA refiner Motiva.
Read More “Other Stories of Interest: Thu, Jan 19, 2023”

NATIONAL: Nobody is announcing new CO2 EOR projects; INTERNATIONAL: Could Europe really return to Russian gas?
Read More “Other Stories of Interest: Wed, Jan 18, 2023”

OTHER U.S. REGIONS: When Joe Biden says no, Florida says go; NATIONAL: Produced water recycling approach attracts international attention; Borton-Lawson joins top ENR firm Verdantas; Bullish signals for oil, but not for natural gas; INTERNATIONAL: Canada adds another 38 rigs; What will be the top theme for oil and gas in 2023?; European gas slumps to 16-month low on strong supply outlook; Germany opens its 2nd liquefied natural gas terminal; Russian gas will eventually return to Europe as nations forgive and forget.
Read More “Other Stories of Interest: Tue, Jan 17, 2023”

MARCELLUS/UTICA REGION: Utica Shale Academy seeking $2.4M to expand footprint; Observers hopeful about common ground between PA governor, legislature; Biden used Univ. of Pennsylvania to launder Chinese money, Shapiro ignored it; NATIONAL: It’s basically spring for the natural-gas market; Banning gas stoves gets Americans’ blood boiling; INTERNATIONAL: What will OPEC do in 2023?; Will oil hit $100 per barrel in 2023?
Read More “Other Stories of Interest: Fri, Jan 13, 2023”

NATIONAL: Chris Leitner leads Tenaska as new CEO; President Biden says no to gas stove ban; Crude oil prices forecast to decline beginning in the second half of 2023; Public shale drillers best private rivals in race to deploy rigs; INTERNATIONAL: Oil majors investing 8 times less in hydrogen than in biofuels; Europe still attracting majority of US LNG despite price plunge; The post-everything energy market.
Read More “Other Stories of Interest: Thu, Jan 12, 2023”

OTHER U.S. REGIONS: Texas is flush with money, largely thanks to oil and gas; NATIONAL: US oilfield services jobs top 650,000, nearing pre-pandemic levels; The disappearance of good rock worries oil markets; Minority communities are suffering under the green energy agenda; INTERNATIONAL: EU energy regulator to launch LNG price assessment on Friday.
Read More “Other Stories of Interest: Wed, Jan 11, 2023”

MARCELLUS/UTICA REGION: Casey Boyd named Steel Nation VP of Business Development; NATIONAL: Natural gas up 5%, after more than 50% tumble over 3 weeks; Goldman Sachs says warm winter weather a risk to gas price view; Why U.S. natural gas liquids production is surging; INTERNATIONAL: Canada adds 100+ rigs.
Read More “Other Stories of Interest: Tue, Jan 10, 2023”

MARCELLUS/UTICA REGION: Coterra Energy has strong FCF generation and LNG opportunity; OTHER U.S. REGIONS: Louisiana, Texas to gain thousands of energy jobs at start of 2023; NATIONAL: Shale worker pay growth slows; Oil posts steep weekly loss amid demand uncertainty; Wood Mackenzie: 2023 could be CCUS breakout year; 2022 saw the second highest oil production in U.S. history.
Read More “Other Stories of Interest: Mon, Jan 9, 2023”

NATIONAL: Biden snookers Joe Manchin again; E&Ps’ investment likely to accelerate in 2023 after steady rise through 2022; Pulling America back from the precipice; Senate Democrats look for staffers to probe fossil fuels; Biden touts drained emergency oil reserves as top 2022 accomplishment; INTERNATIONAL: Global natural gas balances to remain tight until 2026.
Read More “Other Stories of Interest: Fri, Jan 6, 2023”

NATIONAL: Chevron CEO defends record profits; Crude oil prices increased in 1H22, declined in 2H22; Things to watch in the House Republican rules package.
Read More “Other Stories of Interest: Thu, Jan 5, 2023”

NATIONAL: Domestic terrorists are targeting the U.S. energy grid; The U.S. will need thousands of wind farms. Will small towns go along?; Where will WTI oil price be at end 2023?; Wellhead equipment co. Cactus to acquire pipe technologies co. FlexSteel; Cramer: Charts suggest oil, natural gas could be due for a ‘boom’; INTERNATIONAL: China-Russia east-route natural gas pipeline increases daily gas delivery; First LNG cargo arrives at Germany’s LNG terminal in Wilhelmshaven; Meet Shell’s new CEO.
Read More “Other Stories of Interest: Wed, Jan 4, 2023”