Biden EPA Takes Final Swipe at Gas-Fired Power with New NOx Reg
In the spirit of doing the maximum amount of damage to the fossil fuel industry before being pried out of their cushy offices in the D.C. swamp, the Biden EPA last week proposed yet another onerous new regulation aimed at strangling natural gas-fired power plants. This latest attack ups the limits on emissions of nitrogen oxides (NOx) from most new, modified, and reconstructed gas-fired power plants. It’s a safe bet that the incoming Trump EPA administrator, Lee Zeldin, will withdraw the proposed regulation before it can be implemented. So, at least there’s that. However, the new reg comes from a “sue-and-settle” court case with the odious Sierra Club in 2022 that requires a new reg to be in place by Nov. 2025. Read More “Biden EPA Takes Final Swipe at Gas-Fired Power with New NOx Reg”
In October 2023, the Biden Department of Energy (DOE) published a new rule that cracks down on gas furnaces in homes, essentially phasing out many existing models and requiring new ones to meet onerous new standards (see 
The incoming Trump administration will have a big emphasis on natural gas, including LNG (liquefied natural gas) exports. Lazy journalists and lazy economists try to scare the general public into believing more (new) LNG exports from this country will cause the price of domestic natural gas to skyrocket. Their arguments presume no increase in natgas production, which is a fallacy. There are many reasons why the price of natgas isn’t going to skyrocket from more LNG export approvals. 
The Pennsylvania Department of Environmental Protection (DEP) is aiding and abetting radical environmental groups in circumventing the state legislature. In what amounts to a classic leftist “sue-and-settle” case, radical environmental groups (including the Clean Air Council and Environmental Integrity Project) petitioned the state Environmental Quality Board (EQB), asking the board to amend 25 Pa. Code Chapter 78a by increasing “setbacks” for oil and gas well drilling to a minimum of 3,281 feet from any building or water wells (5,280 feet from hospitals and schools), and 750 feet from any river, creek, or mud puddle (i.e., surface waters). Such an increase in setbacks would stop ALL new shale drilling in the state, which is the goal of these radicals. The DEP ruled that the petition to the EQB was right and proper and should move forward. 
A key issue has come about with the rapid increase in carbon capture and sequestration (CCS) projects around the country, including right here in the Marcellus/Utica region. Where does one store (sequester) all that carbon dioxide (CO2)? The answer is underground in a Class VI injection well. Class VI wells are a relatively new classification for injection wells, created by the federal EPA in 2010. Who regulates Class VI wells is a flashpoint of controversy. Right now, the EPA is the primary regulator (has “primacy”) in regulating Class VI wells in all but three states (North Dakota, Wyoming, and Louisiana). According to a notice coming in tomorrow’s Federal Register by the EPA, a fourth state is about to be added to the list: West Virginia. 
We have fantastic news to share. Elba Island LNG, which accepts and liquefies Marcellus/Utica molecules just offshore from Savannah, Georgia, received approval from the Federal Energy Regulatory Commission (FERC) last Thursday to expand the facility to produce an extra 0.4 million metric tons/year (mmty). By our calculations, that would mean an extra 16.4 billion cubic feet (Bcf) of M-U natural gas flowing to Elba over the course of a year. 
The analysts at the federal U.S. Energy Information Administration (EIA) are cautioning (we’d call it warning) that the global natural gas market may experience a tighter supply-demand balance this winter than in the prior two winters. Why? Several reasons, chief among is the coming colder winter. El Niño changes to La Niña this season. La Niña generally brings colder, drier weather to the Northern Hemisphere. But weather isn’t the only factor for EIA. So, too, is the lack of growth this winter in new LNG exports from the U.S. 
There’s no shortage of articles about the incoming Trump administration and what it will mean for the energy space. We’re trying not to bury you with such speculation. However, when we notice items that pique our curiosity and interest, things that make us sit up and take notice, we will bring you those items. This is one such article. Writing on the OilPrice.com website, a pair of economist/financial analysts write that gas-fired power plants will be the big winner in the coming Trump administration. They explain their reasoning, which we find cogent… 
The rig count in the Marcellus/Utica appears to have stabilized, and that’s a good thing. For a while, it was in freefall, at least in Pennsylvania. In October, Pennsylvania’s rig count dropped to just 12 rigs, the lowest that state has operated in the last 17 years (see 
Just about one month ago, Reuters reported that sources “familiar with the matter” whispered to its reporters that private equity firm Blackstone is “in advanced talks” to acquire minority stakes in the interstate natural gas pipelines now owned by EQT Corp. (following its purchase of Equitrans Midstream) for a whopping $3.5 billion (see 
On May 30, 2023, a fire and subsequent explosion damaged an above-ground storage tank and the upper process building at the already-closed Fairmont Brine Processing plant in Fairmont, WV (see 
On Friday, we told you that a bankruptcy judge had tossed out a lawsuit brought by Freeport LNG against the companies that built the facility, claiming it was their shoddy work that has led to a steady string of problems and outages (see 
We still continue to say “pinch us!” that Donald Trump won the election. And what about the picks he’s made for his cabinet and other key positions…Wow! Now comes word from leakers that “within days” of his inauguration, the Trump team will roll out approvals for LNG export requests that have been stalled for a year under Joementia. Word also leaked that Trump plans to approve new on-shore and off-shore drilling on federal lands. It’s such a breath of fresh air! (Pun intended.)