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Pin Oak Buys Laurel Mountain Pipe System from Williams/Chevron
Pin Oak Midstream, a subsidiary of Pin Oak Energy Partners, a relatively young Marcellus/Utica driller based in Akron, OH, has purchased most of the pipeline assets of Laurel Mountain Midstream for an undisclosed amount. The assets include 1,050 miles of natural gas-gathering pipelines and five compressor stations located in three Pennsylvania counties.
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If you live in New York City, Boston, or anywhere in the states of New Jersey, Massachusetts, Connecticut, Rhode Island, or New Hampshire, brace yourselves to pay much higher prices for your natural gas this winter. That’s according to an analysis by S&P Global Platts. Right now the forward strip prices at key trading hubs in those locations show prices for natural gas in the range of $6.00-$6.63 per thousand cubic feet (Mcf), about twice the price of last winter.
In Lansing, NY, just outside of Planet Ithaca in Tompkins County, the local utility company, NYSEG, wanted to build a short pipeline in 2017 to supply new customers with natural gas, but was blocked by crazies who irrationally hate fossil fuels (see 
The Consumer Energy Alliance (CEA) released an important new study yesterday. Titled “How Pipelines Can Spur Immediate Post-COVID Economic Recovery,” the new study finds delays, obstruction, and cancellation of pipeline infrastructure projects are threatening at least $13.6 billion in economic activity, over 66,000 jobs, and more than $280 million a year in state and local tax revenue at a time when America’s financial recovery from COVID-19 requires MORE investment and tax revenue. A section of the report finds anti-pipeline fanatics in NY, NJ, and PA threaten $3.5 billion worth of investments and 17,000 jobs in our region alone.
Most political analysts believe this year’s presidential election may come down to one or two states–namely Pennsylvania and Ohio. If Biden can win in those two states, he stands a good chance of winning the election (an absolute nightmare!). But here’s what you don’t hear from mainstream media: the election may well turn on the issue of shale fracking. Counties in PA and OH, like Washington County in southwestern PA, are likely where the race will be won or lost. It’s not looking good for old ban-fracking Joe.
Enbridge’s Weymouth compressor station project, the final piece of the $452 million Atlantic Bridge expansion project, has begun testing in preparation to go online. As part of the testing, the station will, on occasion, release a small amount of (gasp!) natural gas into the air. Run for the hills! Get out while you can!
Justice (with a small “j”) has prevailed in West Virginia. We’ve covered the issue of a proposed new shale gas-fired power plant planned for Brooke County, WV for years. We are down to the wire on some of the final bits needed for this project to advance. One of those bits, the last major hurdle, is a loan guarantee for $5.5 million, covering a tiny part of the financing required to build this nearly $1 billion project. Yesterday the WV Economic Development Authority unanimously approved the loan guarantee.
Yesterday the full Pennsylvania Senate passed House Bill (HB) 2025, a bill already passed by the House previously. The bill now goes to Democrat leftist Gov. Tom Wolf, who says he will veto it. The bill restores democracy to the Commonwealth by giving the legislature–the very people elected to be the voice of PA citizens–a role in deciding whether or not PA should join the so-called Regional Greenhouse Gas Initiative (RGGI)–which is nothing more than an obscenely high tax on carbon meant to kill coal and natural gas-fired power plants in the state–a major customer of Marcellus gas.
Behaving like the petulant children they are, anti-fossil fuelers in New Jersey are demanding a face-to-face meeting with the board of NJ Transit so they can make a case (i.e. bully the board) against building a small, clean-burning natural gas-fired power plant NJ Transit will be used to power trains in cases of emergency. It’s a backup plant–not even running all the time. Yet antis, so corrupted by their own hatred of “fossil fuels,” are demanding NJ Transit use unreliable solar instead.
In late 2018 a fringe environmental group called the Coalition to Reroute NEXUS (CORN), along with the City of Oberlin, Ohio, filed yet another lawsuit (with the D.C. Court of Appeals) to nullify the Federal Energy Regulatory Commission’s (FERC) original decision to approve the NEXUS Pipeline project that runs through Ohio (see 
It’s not unusual for companies in the business of delivering methane molecules to customers (the local gas utility company) to invest in the long-haul gas pipelines that deliver gas into their system. Consolidated Edison (ConEd), which serves much of New York City and its suburbs with natural gas, is one such company.