April STEO Predicts U.S. NatGas Supply, Demand Hit New Highs in ’25
The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook yesterday, the agency’s monthly best guess about where energy prices and production will go in the next 12 months. In this latest assessment, EIA boosted its estimates for the Henry Hub price. The agency now expects the HH price to average $4.30 per million British thermal units (MMBtu) in 2025, ten cents higher than last month’s forecast. EIA expects the annual average price in 2026 will be $4.60/MMBtu, also ten cents higher than last month’s forecast. The basis for the rise in the price forecast is lower storage levels. Inventories of stored gas are 4% below the five-year average. Read More “April STEO Predicts U.S. NatGas Supply, Demand Hit New Highs in ’25”
A month ago, MDN told you about a meeting held in northeastern Pennsylvania between newly-appointed EPA Administrator Lee Zeldin, Congressman Rob Bresnahan, several state elected officials, as well as labor and others (see 
Does Donald Trump ever sleep? He just keeps churning out the hits, day after day and week after week. Two days ago, President Trump signed two more executive orders (EOs) and a memorandum related to energy. On April 9, the President issued a new executive order requiring agencies to adopt one-year sunset dates on any existing regulations affecting energy. A second order requires agencies to identify regulations that limit competition. The President also signed a memorandum implementing a previous EO, directing the repeal of unlawful regulations under 10 recent U.S. Supreme Court decisions, including the Supreme Court decision overturning the “Chevron doctrine.” 
Yesterday, MDN told you about a newly announced data center (and gas-fired power plant) coming to Washington County, PA (see 
A number of data centers have been announced in Licking County, in the suburbs of Columbus, Ohio. They all will need enormous amounts of electricity to operate. MDN recently told you about three gas-fired power plants planned for New Albany, including one from PowerConneX and two from Williams subsidiary Will-Power (see 
Permitting in Pennsylvania, overseen by the Dept. of Environmental Protection (DEP), has been a hot mess for years. A Chapter 102 Erosion and Sedimentation permit sometimes takes two, three, or even six months for approval — instead of the policy-mandated 14 days. According to a DEP press release from yesterday, that’s all behind us. Last November, DEP Acting Secretary Jessica Shirley and Gov. Josh Shapiro said the agency had *eliminated* the backlog for oil and gas permits (see 
Just as the pandemic began to unfold in early 2020, Shell pulled out of a 50/50 joint venture partnership with Energy Transfer (ET) to build a new LNG export facility in Lake Charles, Louisiana (see 
In what has to be the stupidest trade move in history, China will enact an 84% reciprocal tariff on imports of U.S. goods beginning today. The increase was in response to a 104% tariff that the U.S. placed on imports of Chinese goods, which President Trump raised to 125% yesterday. China will LOSE this trade war. However, if the Chinese want to self-immolate their economy and persist with the tariff war, it has the potential, according to RBN Energy, of “destroying” propane and ethane exports from the U.S. Why? 
In 2022, we reported the sad (and angering) news that then-U.S. Senator Joe Manchin, a liberal Democrat from West Virginia, had betrayed his WV constituents and the entire country by secretly cutting a deal to vote for Joe Biden’s New Green Deal bill repackaged under the false and misleading name of the Inflation Reduction Act (see 
Yesterday, the Pennsylvania Environmental Quality Board (EQB) was scheduled to consider accepting a petition by radical green groups, including the Clean Air Council and Environmental Integrity Project, to “study” the issue of increasing setbacks for shale drilling so far it would ban ALL new Marcellus/Utica drilling in the Keystone State. Instead of voting to accept the petition, EQB commissioners voted 16 to 3 to table the petition for a future meeting. No doubt this matter will cycle around again, but we can all breathe a sigh of relief for now. 
Yesterday, President Trump signed four more executive orders (EOs) dealing with energy issues. Three of the four EOs targeted reviving the declining coal industry, which Trump calls “beautiful, clean coal.” We’ll briefly cover the coal EOs below. However, it was the noncoal EO that caught our attention. Trump signed the Protecting American Energy from State Overreach EO, which removes unlawful and burdensome state-level impediments to domestic energy production. Trump tasked Attorney General Pam Bondi to challenge state laws that may be “unconstitutional, preempted by Federal law, or otherwise unenforceable” to go after states like New York, which is mentioned explicitly in the EO. 
In February, MDN told you that the Democrat leadership in the Maryland state legislature was pushing a bill that would rechristen gas-fired power as “green” and make it easier to build new gas-fired power plants in the state (see 
Electricity demand in the United States will increase 2% annually and 50% by 2050, according to a new study conducted by PA Consulting and released by the National Electrical Manufacturers Association (NEMA). That is massive! For the past 20 years, the U.S.’s electricity generation and use have remained virtually unchanged. This new study shows a year-by-year increase in electricity demand for the next 25 years. The study indicates unreliable solar and wind are not up to the task of providing the increase. Instead, NEMA advocates for an all-of-the-above approach to energy production, including natural gas, small modular reactors, and geothermal. 
The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVA’s service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the country’s sixth-largest power supplier and the largest public utility company. In May 2023, TVA announced that it would convert the Kingston Fossil Plant (coal-fired plant) in East Tennessee to a natural gas-fired plant capable of generating 1,500 megawatts of electricity (see