What Biden’s First Two Days on the Job Mean for the O&G Industry
President Joe Biden is already a complete disaster for the oil and gas industry. His first two days in office (day and a half, actually) can only be described as a full-on attack against our industry. That’s according to the Independent Petroleum Association of America (IPAA). We received a rundown of the damage Biden has already caused. Here’s just one example (out a list of 100+): Biden has put a freeze (pun intended) on the Dept. of Transportation’s rule that allows LNG to be shipped by rail. The rule is being “reviewed” with an eye to reversing it.
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Over the past week, the Enverus U.S. rig count added another 6 active rigs, making the new count 430. The Marcellus wet gas region (in southwest PA and WV) lost a rig, while the Marcellus dry gas region (in northeast PA) gained a rig. Overall the Marcellus/Utica combined rig count remained stead at 42 active rigs. The M-U’s chief competitor, the Haynesville Shale, lost one rig, now with 48 active rigs.
Last week MDN told you the U.S. Forest Service (USFS) had given final approval to Mountain Valley Pipeline (MVP) to install pipeline through 3.5 miles of woodlands, and under the Appalachian Trail, in the Jefferson National Forest in Monroe County in West Virginia, in and Giles and Montgomery counties in Virginia (see 
Et tu, Brute? Federal Energy Regulatory Commission (FERC) Commissioner Neil Chatterjee, a Republican who used to work for Senate Majority Leader Mitch McConnell, is showing his true swamp-dwelling colors. On Tuesday Chatterjee voted against several critical natural gas projects (ones he voted in favor of previously), including a vote against allowing the Weymouth, MA compressor station, fully built, tested and ready to start, to begin operations.
Did you know that the Appalachia Basin, made up of the Marcellus and Utica Shale, accounted for more than 40% of the natural gas produced in the US in 2020? The M-U averaged 32.19 billion cubic feet per day (Bcf/d) of natural gas production in 2020, and 33.44 Bcf/d in 2019. A new report from GlobalData says the outlook for the Marcellus and Utica plays is closely tied to the demand for LNG exports from the U.S. You might say they’re “joined at the hip.” Unfortunately, most LNG exports happen along the Gulf Coast.
On Joe Biden’s very first day of occupying the White House, he signed an executive order revoking a permit for the $9 billion Keystone XL oil pipeline that would cross from Canada into the U.S. According to the leftists at Bloomberg (giddy with excitement), Biden’s move to cancel Keystone “is the clearest sign yet that constructing a major new pipeline in the U.S. has become an impossible task.” The CEO for pipeline giant Williams, Alan Armstrong, agrees.
You can’t say we didn’t warn you about new Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements, a radical leftist (see 
The KeyState Zero petrochemical plant project that includes natural gas synthesis and carbon storage (coming to Clinton County, PA) just gets more fascinating every time we read or hear about it. We spotted a new article with more details about the project, like the fact LNG is already being produced at the site. In addition to carbon capture, the new petchem plant will produce four products…
Yesterday our favorite government agency, the U.S. Energy Information Administration (EIA), published our favorite monthly report, the Drilling Productivity Report (DPR). The latest DPR, which shows estimates for oil and gas production from the seven largest shale plays in the U.S., shows a drop in shale gas production across all plays (including the Marcellus/Utica) coming in February–except for an increase in gas production in the M-U’s primary competitor, the Haynesville.
The Trump administration worked for four long, hard years against the radicalism of leftist Democrats to overturn what was called Obama’s “Clean Power Plan” (CPP)–an odious and misnamed plan that assassinates coal and mortally wounds natural gas power generating plants (see 
Our favorite government agency, the U.S. Energy Information Administration (EIA), is forecasting less power generation from natural gas in 2021, largely as a result of rising fuel costs. EIA says electric power generation by gas-fired plants will decrease by 8% this year. The biggest winner in 2021? Coal-fired generation will expand and produce 14% more electricity this year than it did last year.
Last August we told you about the politically-motivated prosecution (by the Chester County, PA District Attorney’s office) of two men connected to a security firm providing off-duty constables to protect Mariner East 2 (ME2) pipeline construction sites (see 
Every now and again we happen across information we think is kind of cool–things that others miss. This is one of those times. In many areas of shale drilling in Pennsylvania the drillers recycle 100% (or near 100%) of shale wastewater, both flowback (from fracking) and brine (naturally-occurring water from the depths comes out long after fracking is done). The recycled wastewater is then used to drill and frack more wells. We discovered a handy list of at least 27 such wastewater recycling facilities (and their locations in 11 different counties) spread across the Keystone State.
EQT Corporation, the largest natural gas producer in the United States, is asking West Virginia officials to remove two judges from hearing cases brought by landowners against the EQT relating to royalty disputes for alleged improper deductions. EQT wants Judges Timothy Sweeney and David W. Hummel Jr. to be disqualified from at least three cases (that we know of).
Like 99% of Hail Mary passes, the effort by environmental radicals in southwestern PA to block a forthcoming shale wastewater injection well has failed. As we told you last week, a group of antis, in a desperate final attempt to block an injection well in Plum (Allegheny County), PA, threw a Hail Mary pass by asking Pennsylvania Gov. Tom Wolf to assume dictatorial powers and block the project (see