Center for Sustainable Shale Dev Gets Grant to Keep Going
A spot of good news for the Center for Sustainable Shale Development (CSSD). The CSSD has struggled to obtain funding after Mamma Teresa Heinz Kerry, the William Penn Foundation and the quacks at PennFuture all pulled their funding for the group (see PAI Says 3rd Enviro Group – PennFuture – Abandoned CSSD). The Richard King Mellon Foundation threw the CSSD a lifeline by donating (see CSSD Thrown a Lifeline from Richard King Mellon Foundation). Now comes word that the Claude Worthington Benedum Foundation has renewed their support with another one-year grant…
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Earth Day was celebrated in 192 countries around the world yesterday, including the U.S. We celebrate old Mother Earth here at MDN HQ each and every day. We love this dirt ball on which we live. An MDN reader and friend sent us a link to a Youtube video that properly celebrates and provides context for Earth Day (watch it below). To properly celebrate Earth Day, you need to include a celebration of fossil fuels–which have done more to clean up the earth than any other factor. Yes, you read that right. Fossil fuels are the reason we have cleaner air, cleaner water and live longer than ever. So today, one day late, we celebrate “setting fire to corpses of animals and plants unearthed from 400 million-year-old cemeteries”–which is how anti-driller Sandra Steingraber describes fossil fuels…
As MDN told you last week, natural gas production in Pennsylvania went DOWN from January to February 2015 (see
Wow–who woulda thunk? Drillers in West Virginia paid double the amount of revenue in severance taxes in 2014 than they did in 2013–a total of $188 million. Those numbers are approaching the total haul for the tax/impact fee in Pennsylvania (a little over $200 million each year). But there’s a big difference between the revenue raised in WV and PA. In PA, 60% of the revenue raised stays local with the towns and counties where drilling occurs, and 40% goes to the state and other geographies. We call the 40% “walking around money” (i.e. extortion) that politicians had to agree to in order to get any kind of deal done that remotely approaches common sense. In WV however, an eye-popping 90% of the severance revenue raised goes to the state–to disappear through politicians’ fingers–while a meager 7.5% stays in the counties that see drilling…
More troubling talk from Odebrecht about a proposed ethane cracker plant in Parkersburg, WV. In February, MDN brought you the first tremors in what until that point had been nothing but positive signs the project would move forward (see
One more twist in what is shaping up to be a very long process to build the state’s largest electric generating plant powered by Marcellus Shale gas. Invenergy hopes to build the 1500-megawatt plant in the borough of Jessup (Lackawanna County), near Scranton, on an 80-acre former coal mine and landfill site (see
The third shoe has now dropped. On Monday we told you that Schlumberger has cut an additional 11,000 jobs–20,000 total now gone–from the payroll (see
Is there a weather forecast worth the pixels used to broadcast it? We doubt it. We laugh when we hear about “climate change” coming in the next X years, which really means global warming, and how the “average temperature” of old Mother Earth is about to skyrocket–any year now. Of course hucksters like Al Gore have been saying that for the past 25 years. And still the average temp on earth goes up, then it goes down, then it goes up. OMG–climate changes! Can you believe that?!! What dopes. Anyway, last month we brought you the long range weather forecast for the entire country, month by month, from Weather Services International (WSI)–a respected weather prognosticating company used by many in the natural gas industry (see ![IHSPredictsNaphthaOversupplyThrough2020[1]](http://marcellusdrilling.com/wp-content/uploads/2015/04/IHSPredictsNaphthaOversupplyThrough20201.jpg)
Last October MDN told you about the rumor that a pair of companies from Thailand and Japan were partnering with the aim of building an ethane cracker plant in the Marcellus/Utica region (see
It seems that unfortunately, Schlumberger’s second round of layoffs was an omen and indeed a predictor of things to come (see
Patterson-UTI operates (leases out) drilling rigs for shale and conventional drilling. They are one of the biggest rig firms in the Marcellus/Utica. They were also, a few years ago, a juicy target for the mob. The mob told Patterson that the goodfellas didn’t like Patterson’s hiring patterns. Patterson wasn’t treating all of its employees exactly the same. And the color mix of employees was a bit off for the mob’s taste. So the mob did what they do best–a shake down. Patterson could pay them big bucks and the problems would all magically disappear. It’s called protection money. The cost to Patterson to “protect them” would run into the millions–which is why the company originally opposed such a scheme. But in the end, Patterson caved and handed over $12.26 million in protection money to the mob. Oops. Did we say “mob”? We meant to say “U.S. Equal Employment Opportunity Commission.” And did we say “protection money?” We meant to say “settlement.” Here’s the details behind the shakedown of Patterson-UTI…