Marcellus & Utica are 2 of 3 Largest Gas Fields in the World!
We always knew the Marcellus (and the Utica) are special, but here’s something we didn’t know until today. The Marcellus and the Utica are two of the three largest natural gas fields on the planet. Only the South Pars/North Dome gas field straddling Qatar and Iran holds more natural gas than either the Marcellus or the Utica individually. Together, the M-U actually is the largest gas field in the world! If we had the pipelines in our region to export our gas to other regions of our own country, and pipelines (and plants) to export our more M-U gas to other countries, we have more than enough gas in the M-U to supply the entire U.S. and the world *for decades.* That’s how massive our beloved Marcellus/Utica is.
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We didn’t see this one coming! Must be the intense pressure from U.S. Sen. Joe Manchin on the Federal Energy Regulatory Commission (FERC) had the intended effect (see
Last Tuesday, Pennsylvania’s Commonwealth Court ruled that Gov. Tom Wolf’s obscene carbon tax, called the Regional Greenhouse Gas Initiative (RGGI), will not go into effect until “pending further order of the court” (see
The main reason Pennsylvania Gov. Tom Wolf wants to force his state (against the will of a majority of residents) to join the Regional Greenhouse Gas Initiative (RGGI), a carbon tax, is that it will supposedly cut down the state’s emissions of carbon dioxide (CO2), which is supposedly causing Mom Earth to toast (see
Anti-fossil fuel zealots who irrationally hate all fossil energy, including natural gas, are beside themselves that three new electric power plants are planned for New Jersey. Two would use natural gas as their fuel source, while the third plant plans to use renewables of some kind. Yet antis are freaking out. Two of the planned plants would be for emergency/backup use only and will sit idle 99% of the time. Doesn’t matter: freak out. The remaining plant would produce 630 megawatts of electricity using Marcellus natgas, a relatively small plant (sitting next to an existing plant). Doesn’t matter: freak out. The solution proposed by the naysayers? Just go without electricity. Sit in the dark. Freeze in the winter and boil in the summer.
Europe wants to buy more American natural gas in response to the Russian invasion of Ukraine. What does it mean for Pennsylvania? The Philadelphia Inquirer tackled that question in an article on Saturday. The answer to the question of what Europe’s desire for more U.S. natgas means for PA (and by extension West Virginia and Ohio) is, “not much.” Why? Because we don’t have enough pipelines built to carry our molecules to the Gulf Coast which is where most of the LNG export plants are either already pumping out LNG, or in the process of getting built to do so. Lack of pipelines constrains our gas and holds our region back. Lack of pipelines is a big problem for both the M-U and (now) for Europe.