CO2 Emissions over Past 10 Years Drop – Thx to Shale Gas
If you happen to believe in the fairy tale of man-made global warming, you no doubt know all about CO2–carbon dioxide. CO2 is the stuff you exhale with every breathe you take, as every mammal does on God’s green earth. Somehow CO2 has been twisted into becoming a dreaded “greenhouse gas”. Go figure. At any rate, aside from breathing, when we burn fossil fuels it creates CO2–which is at the core of the neurosis of anti-drillers. Their kindergartenish solution to “solving” the “problem” of “global warming” is to stop burning fossil fuels. But the thing is, not all fossil fuels are created equal. Natural gas burns relatively clean and produces far less CO2 than other fossil fuels. You might think people who really care about the planet would welcome more natgas–but you would be wrong. The U.S. Energy Information Administration has just published an analysis of the biggest non-breathing cause of CO2 generation–burning fossil fuels to generate electricity. The EIA says in 2015 CO2 emissions were down 12% from baseline levels in 2005. With more population and more electricity being generated, how can that possibly be? Because of the shale revolution–that’s how. So-called renewable forms of electric power generation are still minuscule compared to burning fossil fuels to generate electricity. Because we now use more natgas instead of coal to generate electricity, the amount of CO2 being produced has dropped dramatically. Thanks to the miracle of fracking…
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The rig count–both internationally and domestically here in the U.S.–continues its historic slide. Last Friday Baker Hughes announced the average rig count numbers for April. Rigs operating outside the U.S. slide another 39, from 985 in March to 946 in April. In the U.S., the count slide 41 from 478 in March to 437 in April. In the Marcellus/Utica, the count was down another 2–both rigs lost came in Pennsylvania, which now has the lowest count in decades: just 16 rigs operating in the state. Ohio and West Virginia held constant month over month with 11 rigs operating in the Buckeye State and 12 rigs operating in the Mountain State. Here’s the sad news of the continuing decline in rig counts…
With pipeline projects like Kinder Morgan’s Northeast Energy Direct (NED) deciding to call it quits (see 
Be careful who you bank with. That’s the lesson from welding/fabricating company NuWeld Inc., headquartered in Williamsport, PA, NuWeld does a lot of business with the oil and gas industry, and lately that industry has been in decline in the Keystone State. The decline led to NuWeld’s bank, BB&T, getting skittish. BB&T, according to NuWeld, cleaned out their bank accounts. Took all of the money in them–and without money, NuWeld had to lay off all 150 employees. Apparently the money was the bank’s to take–but the reason they took it (cold feet instead of unpaid bills), is what grates. And the way they took it, without any warning, really grates. Here’s the story of “be careful who you bank with”…
MDN noticed an announcement for the publication of a new dissertation by a student in the masters degree program at the University of Vermont. The title of the student’s dissertation is, “Influence of Mission, Audience, and Policy Context on Issue Framing: A Case Study of Mobilization Against Hydraulic Fracturing in the Marcellus Shale.” When you dig into the abstract (i.e. summary) of the dissertation, it appears the student did research on a number of anti-drilling Big Green groups in the Marcellus/Utica and the techniques they use to manipulate public opinion. Sort of a look at how the Joseph Goebbels of our day do propaganda. We thought, “Hey, this is great! Somebody will finally lay bare how these incestuously-funded Big Green groups lie to and manipulate public opinion!” We tried to download the paper and promptly found that it won’t be available to the public for download until April 2018–two years from now. What’s up with that?…
Last year midstream giant Energy Transfer Equity and its CEO Kelsy Warren pursued Williams, for months, and finally got Williams to agree to a deal to sell itself to Warren for $38 billion (see 
According to new numbers just released by our favorite government agency, the U.S. Energy Information Administration (EIA), fracked wells (most of them shale wells) now produce two-thirds of the natural gas produced in the United States. And the U.S. produces the most natural gas of any country on Mom Earth. Even so, Crazy Bernie and Hillary have both pledged to shut it all down (yes, we believe them, they would do it). Here’s the EIA’s story of how the miracle of hydraulic fracturing has taken over in the U.S.–a miracle we can continue if we don’t elect radicals to high office…
A group of radical/leftist environmental groups have just launched their latest “sue and settle” case against the federal Environmental Protection Agency (EPA). For a description of the despicable practice of sue and settle, where our own government colludes with these groups in a faux lawsuit which “forces” an agency to do what it wanted to do but couldn’t otherwise under existing laws, see this MDN story: 
Hey, it’s tough out there in the oil and gas patch. Something like 200,000+ workers in the industry have been laid off in the past year and a half. Now, somebody wants to do something about it. 