Best of the Rest

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”

MARCELLUS/UTICA REGION: W&J alum discusses energy possibilities in region; OTHER U.S. REGIONS: Coal, nuclear retirements in US Midwest might boost gas-fired power demand; NATIONAL: Domestic oil, natural gas political contributions wane amid coronavirus fallout; Chevron workers face demands to reapply for jobs under global restructuring – sources; Natural gas market: production falls to a new multi-year low; EIA lowers 2020, 2021 oil & natural gas price forecasts; Brace yourself for natural gas supply and demand mismatch on Hurricane Delta; The best case for and against a fracking ban; INTERNATIONAL: A $100 billion Big Oil divestiture plan is coming; EU Parliament votes to raise 2030 climate target to 60%.
Read More “Other Stories of Interest: Thu, Oct 8, 2020”

MARCELLUS/UTICA REGION: Rep. Wendy Ullman, PovertyKeeper ally, does more political theater; OTHER U.S. REGIONS: This startup’s building a factory to sustainably turn natural gas into fertilizer; Minnesota Supreme Court hears oral arguments on proposed natural gas power plant; NATIONAL: $5 Henry Hub natural gas possible on colder winter, says Morgan Stanley; Dept. of Energy issues report on benefits of U.S. oil and natural gas; INTERNATIONAL: Qatar is winning the last great fossil fuel gold rush; Denmark removes final hurdle for Russian gas pipeline to Europe.
Read More “Other Stories of Interest: Wed, Oct 7, 2020”

MARCELLUS/UTICA REGION: MSC thanks Senator Toomey for leadership, service to Pennsylvania; NATIONAL: U.S. natural gas production, consumption, and exports set new records in 2019; Caterpillar transforming pressure pumping business with takeover of Weir oil, gas division; Petro-Darwinism: 4 ways the oil industry must rapidly evolve to survive; Tighter markets cause natural gas prices to jump almost 10%.
Read More “Other Stories of Interest: Tue, Oct 6, 2020”

MARCELLUS/UTICA REGION: DEP invites comments on 2 Shell ethane plant air quality permits for Beaver County facility; We have power we must use; NATIONAL: Supreme Court to decide whether climate suit can go to federal court; Green groups launch ‘Green Wave 2020’ initiative to boost competitive Democratic campaigns; Noble Energy shareholders OK $4.1B sale to Chevron; Democrats’ energy plan would mean economic ruin; Contrary to his debate claim, Biden’s own website says he supports the Green New Deal; INTERNATIONAL: Oil industry investment cuts may leave supply gap for NOCs to fill.
Read More “Other Stories of Interest: Mon, Oct 5, 2020”

MARCELLUS/UTICA REGION: Dave Spigelmyer: Natural gas bridges the partisan divide; Nathan Lord named president of Shale Crescent USA organization; OTHER U.S. REGIONS: Cameron LNG facility still offline, Sabine Pass exports resume; NATIONAL: Opportunities in latest oil & gas bankruptcy cycle; Biden transition: No place for lobbyists, fossil fuel execs; INTERNATIONAL: Nord Stream 2 gas ‘fall-back option’ for German energy transition: government official.
Read More “Other Stories of Interest: Fri, Oct 2, 2020”

MARCELLUS/UTICA REGION: Ohio-produced natural gas is essential to economic and environmental progress; West Virginia joins coalition seeking to protect pipeline construction; NATIONAL: Key indicator shows signs of oil market recovery; A ban on drilling misses its mark; Renewables won’t save us if the electric grid is not ready; Stable oil prices may finally bring consolidation to the shale sector.
Read More “Other Stories of Interest: Thu, Oct 1, 2020”