In a purely symbolic gesture, Vermont has become the first (and likely only) state in union to ban hydraulic fracturing. Gov. Peter Shumlin signed the law yesterday with a crowd of grade school students from Twinfield Union School who have been brainwashed by their teachers into thinking fossil fuels are evil. The ban is symbolic because there is no oil or gas underneath Vermont to drill for.
A new study released by the accounting firm Ernst & Young says that even if Ohio Gov. John Kasich gets his way and boosts the severance tax in the state on oil and gas drilling, Ohio’s severance tax rate would still be less than other states. Kasich wants to rob Peter to pay Paul, taking even more money from energy companies and landowners in the form of higher severance taxes in order to reduce the state income tax for everyone.
Apparently the Ohio Business Roundtable is in Kasich’s hip pocket because they are the ones who commissioned the study. This is the first time MDN has ever heard of a “business group” who wanted higher taxes.
Read More “New Study Says Ohio’s Gas Severance Tax Lowest, Even If…”
Canadian mutual fund giant NEI Investments has joined the Investor Environmental Mafia Health Network (IEHN) of activist investors calling on drillers to adopt “industry-wide standards for shale gas drilling.” (See this MDN story for a background on the IEHN.)
Read More “Canadian Mutual Fund Joins Activists Targeting Shale Gas”
This is technically not a story about the Marcellus or the Utica Shale. But it’s just as critical. North Dakota has just officially become the number two producer of oil in the United States, displacing Alaska for that spot. Texas still leads with the most oil production.
How on earth as ND become number two? It’s simple: shale and the miracle of hydraulic fracturing. What’s even more startling is that as recently as 1999 ND had zero drilling rigs and oil drilling in the state was dead. Just 13 years later, it’s number two in the nation. The importance of this cannot be overstated.
Read More “Behold the Power of Shale Fracking: ND Now #2 US Oil Producer”
A peer-reviewed 52-page study released yesterday by the new natural gas institute at SUNY University at Buffalo (UB) finds that environmental problems caused by Marcellus Shale gas drilling in Pennsylvania were isolated, mostly minor and on the decline (a copy of the full study is embedded below).
The study analyzes the data from more than 3,533 Marcellus wells drilled since 2008 in PA by over 100 drilling rigs. The study makes the following conclusions, including assigning a percentage probability for how likely it is for a major environmental event to occur:
Read More “UB Study Released on Environmental Problems in PA Drilling”
The anti-drilling American Rivers, an organization with a lofty Americana name but with a hard left environmentalist agenda, issues their “top 10” most endangered rivers list each year about this time. It’s an amusing exercise because the list rarely contains any of the same rivers on it from year to year. This year’s list is no different—and of course one of the targets of the list is shale gas drilling.
Read More “American Rivers Yearly Fundraiser/Most Endangered Rivers List”
Siena College Research Institute runs regular polls of New Yorkers to gage their opinion on a variety of topics. One of the long-running topics they poll on is whether or not New York should allow hydraulic fracturing to move forward. The latest Siena poll was just released today. The full breakout is embedded below. Here’s how Siena interpreted the results in their press announcement:
Read More “Siena College Poll – New Yorkers Remain Split on Fracking”
Drilling rig counts are closely watched as an indicator of where, and how much, drilling is happening in a given geography. Last Friday, Baker Hughes reported that rig counts for Pennsylvania continue to decline from a year ago, while the numbers for West Virginia are going up. But that doesn’t quite tell the whole story.
Let’s be honest. Using eminent domain to force landowners to allow interstate pipelines to be run across their property is a bad idea. At least it is in MDN’s opinion. Some pipeline companies have sought and have been awarded public utility status, and that status allows them to use eminent domain to grab property to run pipelines. It’s disgusting. They are not public utilities in the way a power company is a utility that needs to put up electric polls.
Two lawyers from Columbus, Ohio caution landowners to get a second opinion when it comes to negotiating to have pipelines runs across their property, like the ATEX Express ethane pipeline that’s currently being built across Ohio. They also counsel that although eminent domain can force landowners to allow a pipeline, landowners still have at least some rights under eminent domain.
In a recent radio interview, Pennsylvania Gov. Tom Corbett spoke about the Marcellus Shale drilling industry and how it positively impacts all Pennsylvanians, not just just a select few:
Read More “PA Gov. Corbett Outlines How Shale Gas Benefits Everyone”
At a seminar in Erie, PA for manufacturers and other companies interested in becoming suppliers to the shale gas industry, Marcellus Shale Coalition president Kathryn Klaber told attendees that it’s just a matter of time before Marcellus and Utica Shale drilling comes to their area.
Read More “Marcellus & Utica Shale Drilling – Coming to Erie, PA”
Here’s a new twist on the “fracking contaminates ground water supplies” argument that MDN has not seen before…
Read More “Ohio Dem Wants Feds to Investigate Injection Wells”
On Friday the federal Environmental Protection Agency (EPA) released its results of testing for the fourth and final batch of water wells in Dimock, PA. The results are the same as the first three batches: There is and has been no contamination of the area’s water supply by chemicals from nearby hydraulic fracturing of Marcellus Shale gas wells.
Read More “EPA’s Final Batch of Testing for Dimock Water Wells Released”
Has T. Boone Pickens, Texas oil billionaire and author of “The Pickens Plan” that calls for America to use natural gas to reduce our dependency on OPEC oil and as a bridge to a renewable energy future, now turned his back on natural gas? His investment company, BP Capital Management, has sold off all of its Chesapeake Energy stock. Pickens’ comment on the reason for selling off Chesapeake was a tad strange:
Read More “Boone Pickens Sells Chesapeake Stock, Strange Comment on NatGas”
In late March, seven Beaver County, PA families (18 people) filed a lawsuit in Common Pleas Court accusing O&G Investments of Wooster, Ohio of not drilling on their land—and not paying them—for the past seven years. The leases were sold to Chesapeake Energy and at the eleventh hour, just before the leases were set to expire, Chesapeake attempted to initiate drilling to retain the leases, which prompted the lawsuit (see this MDN story for background). Late last week O&G countersued the families:
Read More “O&G Countersues Landowners Claiming Lease Slander”
We now know the specific location of a previously announced $400 million shale gas collection and processing plant being built in Columbiana County, Ohio by a joint venture between Chesapeake Energy, M3 Midstream and EV Energy Partners.