Customer Announced for Primus Green Energy’s GTL Methanol Plant
In March MDN brought you the news that Primus Green Energy, a gas-to-liquids (GTL) technology company announced they would build a 160 metric tons per day (MT/day) methanol plant using the company’s proprietary technology at “a manufacturing site in the Marcellus shale region” in 2017 (see Primus Building GTL Methanol Plant in Marcellus Region in 2017). The plant will convert abundant and cheap Marcellus Shale gas into methanol. At the time we commented that the Primus announcement didn’t say as much as it says–namely, who is the customer for the plant? We now have that answer….
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Everybody knows, anecdotally, that the shale revolution has been great for U.S. manufacturers. Empty plants have roared back to life and new plants have been built, bringing back millions of jobs, due to the huge quantities of natural gas being extracted from shale in the U.S. Now we have a research study to prove what we already knew anecdotally. Yesterday the National Association of Manufacturers (NAM) released a new research report from IHS titled “Energizing Manufacturing: Natural Gas and Economic Growth” (full copy below). The research finds that shale gas has put an extra $1,337 back in the pockets of the average hard-working American family. Wow! Shale gas has also contributed to the creation of 1.9 million jobs throughout the economy. Double wow! Just building natural gas transmission lines has meant more than 347,000 jobs with 60,000 of those jobs in manufacturing. Here’s the best part: All of it is without a government program or taxpayer expense. Read on for more good news about how the shale revolution and the miracle of fracking has benefited every single American…
It seems that anarchy is all the rage these days. In vogue. Popular. At least among the non-thinking radical left. Witness Crazy Bernie Sanders and his mind-numbed robot followers. Also witness the radical environmental movement, which whips up emotions among the enviro faithful like a Pentecostal preacher from the back hills. Many of these environmental Nazis are young and haven’t grown a brain yet. But there’s a fair number who are old hippies, burned out from drug use in the 60s and 70s. A group of these dangerous fanatics have begun what they call 12 days of “breaking free” from fossil fuels–a campaign to force law-abiding companies to abandon certain pipeline and drilling projects. The radicals are calling it “peaceful” and “civil disobedience.” However, going by previous such protests, we expect there will be violence associated with this movement–far from the peaceful veneer they hope to project. A number of the most radical, law-breaking groups are behind the effort: 350.org, Greenpeace, Climate Action Network and others. Here’s some of the lawbreaking they have planned for 12 days beginning yesterday…
Yesterday MDN told you about the Texas Eastern Transmission Company (TETCO) pipeline explosion last Friday in Westmoreland County, PA (see 
Yesterday MDN brought you the news that the Halliburton buyout of Baker Hughes is now officially dead (see 
Crazy Bernie Sanders believes that we can just stop fracking for oil and gas, and turn off our nuclear plants, and sing Kumbaya to each other and usher in the nirvana age of Bernie renewable energy. What a dope. The people who support him are bigger dopes (sorry if you’re a Bernie supporter–but you need to wise up, quick). Below is a column that points out that shale gas and nuclear are the PROVEN path to a lower carbon emissions future–not reverting back to the stone ages with everyone parking their cars and turning down the thermostat. Carbon emissions in the U.S. have gone down faster than anywhere else in the world–BEFORE Obama’s idiotic Clean Power Plan and BEFORE any of the draconian measures cooked up by the out-of-control federal Environmental Protection Agency. Why? Because of the dramatic increase in the use of shale gas to power energy plants. And because nuclear powers energy plants. Here’s the story Crazy Bernie doesn’t want you think about (thinking not a requirement to be a Bernie supporter)…
EPIX is on the way. What is it? A joint venture between Weir Oil & Gas, the world’s leading provider of upstream pressure pumping equipment, and Rolls-Royce Power Systems subsidiary MTU, a market leader in heavy-duty industrial power systems based on diesel and gas engines. EPIX will provide the drilling industry’s first integrated system for hydraulic fracturing. Here’s the low down on the Rolls-Royce of fracking…
It’s a sad day for Halliburton and Baker Hughes. The two companies intended to get married, with Halliburton buying out BH and merging it in a deal worth $35 billion (see 
A circuit court judge recently ruled on a case in West Virginia with implications for unitization or pooling. No, NOT forced pooling–or forcing landowners who haven’t signed a lease into a drilling unit, forcing drilling under their land. That’s not what this case was about. This case was about landowners with an already-signed lease for vertical wells now being used to allow that land to be pooled with other land and a horizontal well allowed to be drilled under it. The landowners, who wanted a new lease for horizontal drilling (and more money, which is reasonable in our opinion) said because the lease was silent on the matter of pooling or unitizing, it should not be allowed. The judge disagreed and found in favor of the energy company, in this case American Energy…
As we pointed out to you last December, evil corporate raider Carl Icahn (invests in companies so he can fire a bunch of people, boost the stock and pocket the profit) had fired Cheniere Energy CEO Charif Souki (see 