Best of the Rest

MARCELLUS/UTICA REGION: Natural gas will not be eclipsed by renewables; Marcellus Shale gas benefits touted by panelists; OTHER U.S. REGIONS: Latino leaders are fighting California’s ‘unbelievably regressive’ climate policies; NATIONAL: Exxon warns of $30 billion shale writedown decade after XTO; A wave of stranded oil assets is coming to the U.S. shale patch; New analysis says DUCs can’t sustain US shale output; Oil and natural gas are our best bet for continued economic recovery; The Green New Deal can’t break the laws of physics; Biden has already failed once to deliver the “green jobs” he promises today; Shale plays fail to deliver: look to Alaska; INTERNATIONAL: Dutch municipalities receive another 100 million euros to get rid of natural gas; Russia rules out cutting fossil fuel production in next few decades.
Read More “Other Stories of Interest: Mon, Nov 2, 2020”

MARCELLUS/UTICA REGION: Eying Pennsylvania, Trump officials pound on energy themes; Navarro: Pennsylvania’s ‘proud frackers’ help drive state’s economy; OTHER U.S. REGIONS: DoE issues LNG export extensions for three projects; Massachusetts DPU making gas companies review energy output to help state meet 2050 net-neutral goal; NATIONAL: U.S. weekly LNG exports keep climbing; Joe Biden’s flip-flops on fracking, natural gas issues leave experts concerned of economic impact if he’s elected; Clean energy vs. oil & gas: the biggest lie of 2020; Dirty solar (video); INTERNATIONAL: China believes natural gas demand will soar.
Read More “Other Stories of Interest: Fri, Oct 30, 2020”

MARCELLUS/UTICA REGION: Oil & Gas Industry is invited to attend this Saturday’s TRUMP RALLY!; Virtual town hall on America’s energy future this Friday; OTHER U.S. REGIONS: Texas added 700 oil extraction jobs in September, first uptick since the pandemic started; NATIONAL: TC Energy awards more than $1.6 billion in American Contracts to build Keystone XL; Can Liberty Oil maverick’s corporate culture survive the U.S. shale bust?; Enterprise pipeline CEO projects oil price climb in late 2021; Biden’s painful transition from oil and gas; States that will decide the 2020 election are reliant on an industry Joe Biden has vowed to eliminate; Democrats’ energy dilemma; INTERNATIONAL: US boosts energy infrastructure push in Vietnam with raft of LNG-to-power deals; US LNG developers eye shorter contracts to lure India buyers: energy secretary; Europe moves toward requiring low-methane natural gas; Chinese energy company, U.S. oil & gas affiliate and Chinese national indicted for theft of trade secrets.
Read More “Other Stories of Interest: Thu, Oct 29, 2020”

MARCELLUS/UTICA REGION: US secretary of energy tours a Marcellus Shale natural gas well in Washington County; Former Rice Energy CEO files for IPO for new sustainable fuels company; The big Trump rallies you don’t see; OTHER U.S. REGIONS: BP looks to Haynesville on rising Henry Hub natural gas prices, LNG export outlook; Texas study links more than 238,000 jobs to pipelines; NATIONAL: Trump weighs executive order to show support for fracking; Despite fewer regulations, emissions are declining, oil industry says; Chevron to lay off about 25% of Noble Energy employees after merger; Fracking finally gets the attention it deserves; Brouillette: ‘When they say they will kill oil … they mean it’; INTERNATIONAL: Lower-for-longer LNG prices to put buyers in the sweet spot for years; India LNG demand growth presents opportunities, challenges for US developers; LNG-as-bunker-fuel winning converts as shipping industry eyes future CO2 rules.
Read More “Other Stories of Interest: Wed, Oct 28, 2020”

MARCELLUS/UTICA REGION: Range Resources starting to deliver on its considerable potential; Coal magnate Robert E. Murray dies at age 80; OTHER U.S. REGIONS: Another public oil and gas operator in Oklahoma announces merger plans; NATIONAL: Natural gas futures, cash back above $3.00 as LNG demand reaches fresh highs; US shale tries to answer the carbon question; Oil and gas production to account for 68 percent of energy consumption over next two decades; Sanctions likely to dominate US-Russia energy links post election; Shale oil & gas M&As pick up: here’s what investors must know; Rockefeller Foundation pledges $1 billion for ‘green’ and ‘inclusive’ COVID-19 recovery; INTERNATIONAL: New Fortress Energy invests in green hydrogen production technology company H2Pro; AMLO mulling rollback of ‘neoliberal’ energy policies as U.S. legislators sound alarm.
Read More “Other Stories of Interest: Tue, Oct 27, 2020”

MARCELLUS/UTICA REGION: DEP Climate Committee meets Oct. 27 to discuss abandoned oil & gas wells; CNX Resources: a worthy takeover target; Klaber’s Viewpoint: Renewables, unfortunately, aren’t free; Congress launches energy export caucus; WV lawmaker is co-chair; NATIONAL: Biden plans for Green New Deal offer devastating future; Mr. Biden will ‘transition’ you now; Biden: OK to frack for natural gas – not OK to burn it; Propane use, prices to rise alongside winter freeze, EIA says; Increasing warmth in weather models pushes natural gas futures back below $3; Exxon Mobil, still reeling from massive oil bust, to lay off workers after all; INTERNATIONAL: China’s growing niche buyers of liquefied natural gas.
Read More “Other Stories of Interest: Mon, Oct 26, 2020”

MARCELLUS/UTICA REGION: ReImagine Appalachia sees big job gains in turning to clean-energy economy; Grants for Appalachian Trail communities to come from Mountain Valley Pipeline gift; Rep. Conor Lamb is out of step with his district; NATIONAL: Natural gas slips, still maintains $3 handle as EIA storage print reflects tightening balances; 41 free market groups urge Senate to stand strong against powerful wind lobby; INTERNATIONAL: U.S. natural gas exports to Mexico have increased in the first nine months of 2020; Floating LNG prospects fizzle as operational issues emerge.
Read More “Other Stories of Interest: Fri, Oct 23, 2020”

MARCELLUS/UTICA REGION: Trump blasts Biden’s fracking plans at rally; Cabot Oil & Gas: poised to generate nearly $700 million in positive cash flow in 2021; Energy Transfer awards $34,700 grant to protect Lower Chichester volunteer firefighters; OTHER U.S. REGIONS: Texas oil trade group launches online career center as layoffs mount; NATIONAL: EIA forecasts slightly higher U.S. propane consumption this winter season; Trump commands energy sector’s financial backing, but Biden makes inroads; Five largest US oil and gas companies lost $307bn in market cap YoY, a 45% plunge amid COVID-19 crisis; INTERNATIONAL: Climate experts fly more often than other scientists.
Read More “Other Stories of Interest: Thu, Oct 22, 2020”

OTHER U.S. REGIONS: The Permian gas glut is over at Waha; Natural gas saved Virginia families, manufacturers and businesses more than $14B over decade; NATIONAL: Study: renewable energy does nothing to reduce CO2 emissions; Oil industry turns to mergers and acquisitions to survive; INTERNATIONAL: Natural gas viewed more positively than other fossil fuels across 20 global publics; PetroChina predicts massive Chinese gas demand growth; US steps up sanctions pressure on Nord Stream 2 gas pipeline contractors.
Read More “Other Stories of Interest: Wed, Oct 21, 2020”

MARCELLUS/UTICA REGION: Union voters are at center of Trump vs. Biden battle for Pennsylvania; Pennsylvania governor tramples legislators to impose carbon taxes; OTHER U.S. REGIONS: Dakota Access oil pipeline clears hurdle to doubling capacity; NATIONAL: Natural gas generators make up largest share of U.S. electricity generation capacity; 4-Quadrant Model of climate change (video).
Read More “Other Stories of Interest: Mon, Oct 19, 2020”

MARCELLUS/UTICA REGION: CNX Resources installs VAtitan-TC connection; OTHER U.S. REGIONS: Henry County awarded $1.5 million grant for natural gas service; NATIONAL: Humbled US shale sector on recovery path with disciplined approach; Why Joe Biden and Kamala Harris must support ‘fracking’ for oil and natural gas; Energy demand to receive a work-from-home boost this winter; Oxy CEO says U.S. oil production will never see pre-pandemic levels; INTERNATIONAL: Will Oil reach $50 at the end of the year?
Read More “Other Stories of Interest: Fri, Oct 16, 2020”

MARCELLUS/UTICA REGION: Exposing the eco-activists’ ‘greening’ of Pennsylvania in 2020; OTHER U.S. REGIONS: OUC announces plan to switch power plant from coal to natural gas; NATIONAL: Bankrupt Chesapeake Energy shareholders need a reality check because they still are getting no recovery; As oil bankruptcies surge, vulture investors start their long feast.
Read More “Other Stories of Interest: Thu, Oct 15, 2020”

MARCELLUS/UTICA REGION: NYPA reaches peaker agreement; NATIONAL: Chart buys Worthington cryogenic and hydrogen business; ConocoPhillips in talks to buy Concho Resources in big shale bet; Morgan Stanley sees oil prices struggling to break above $50; Chevron to stay wedded to shale, for ‘incredible flexibility’; America in 2022 after a Biden-Harris win; The Supreme Court is taking critical step towards resolving frivolous climate suits; Down and out: bankruptcy valuations portend production declines.
Read More “Other Stories of Interest: Wed, Oct 14, 2020”

NATIONAL: Raymond James says Henry Hub natural gas to finish 2021 near $4; Nat gas extends rally to surge to highest since March 2019; The next couple of months are crucial for U.S. oil; What does a cold winter entail for natural gas? Oh, you don’t want to know; LNG shipping costs, netbacks, and the decision to cancel cargoes; INTERNATIONAL: Climate change has a cow and worm problem.
Read More “Other Stories of Interest: Tue, Oct 13, 2020”

MARCELLUS/UTICA REGION: West Virginia governor’s race marks otherwise quiet election season in Appalachia; Beaver County signs letter to Trump, Biden in support of natural gas; Erie School District to cap gas wells at Erie High, other schools as savings dwindles; Biden wins over Pennsylvania union leaders worried about his climate plan; NATIONAL: DC Circuit eyes US EPA’s power plant rule with skepticism during oral arguments; Banning fracking such a bad idea Biden/Harris now denying they said it; Court rejects Obama-era methane rule on oil, natural gas leases; U.S. election outcome will not impact bullish energy outlook: Goldman.
Read More “Other Stories of Interest: Mon, Oct 12, 2020”

MARCELLUS/UTICA REGION: Upcoming deadline for renewal of Ohio land professional registrations; Banks reaffirm Southwestern Energy’s line of credit for $1.8 billion; OTHER U.S. REGIONS: LNG exports resume from Sabine Pass and Cameron terminals as another hurricane approaches; NATIONAL: On fracking, Senator Harris wants to have it both ways; Chevron doubles down on renewable natural gas; U.S. crude output to fall less in 2020 than previously forecast; INTERNATIONAL: Royal Dutch Shell energy transition woes; When natural gas prices rise, Russia’s Nord Stream 2 will get a second wind.
Read More “Other Stories of Interest: Fri, Oct 9, 2020”