Front Month NYMEX Natural Gas Rose 2.3% to Settle at $3.95/MMBtu
From time to time, we like to check in on what the price of natural gas is doing, both the “futures” NYMEX price (front month) and the spot price at various points around the Marcellus/Utica. We’re certainly well off our highs over the past month from when the NYMEX price hit $4.49 on Monday, March 10, 2025. We like it above $4. Yesterday, the NYMEX price closed up 2.3% to $3.95, close to $4.00. Where will the price head next? Up or down? Will we go above the psychological $4 barrier again soon? Read More “Front Month NYMEX Natural Gas Rose 2.3% to Settle at $3.95/MMBtu”

On March 24, 2025, the U.S. Supreme Court declined to hear an appeal from a group of kids pushing for federal action on climate change since filing their lawsuit, Juliana v. United States, in 2015. Represented by Our Children’s Trust, the 21 youths argued that the government’s energy policies violated their constitutional rights to life, liberty, and security by exacerbating climate change. The case faced repeated setbacks in federal courts, with the 9th U.S. Circuit Court of Appeals ruling that the plaintiffs lacked standing to sue, leading to a lower court’s dismissal of the case. The Supreme Court’s decision not to take up the appeal centered on this procedural issue of standing, effectively ending the long-running litigation. The nonprofit behind the suit had asked the Court to delay its decision pending another case on standing, but the justices proceeded, closing a significant chapter in youth-led climate activism.
This story isn’t directly connected to the Marcellus/Utica. The “environmental” group in question, Just Stop Oil, has never (as far as we can tell) done any “direct actions” in the Marcellus/Utica. However, the groups’ unrealistic aim of blocking and stopping ALL new oil and gas projects, no matter where they are in the world, implicitly includes the M-U. We have written about this radicalized group many times before (
Today, we introduce you to a new advertiser on Marcellus Drilling News:
On Monday, the U.S. District Court for the Western District of Virginia (Roanoke Division) ruled in two of five cases before it in which Mountain Valley Pipeline (MVP), which is now majority-owned by EQT Corporation, sued radical protesters who blocked the construction of the pipeline in Roanoke County, Virginia. The court dismissed one count in the two cases (count #4) against the protesters, which the media focused on. The media doesn’t want to talk about the fact that there are five other counts, far more serious than the dismissed count, that the court is allowing to advance. These protesters are in a world of legal hurt over their illegal blocking of MVP construction.
Here’s an interesting lawsuit that never appeared on our radar. It involves a lease in Fayette County, West Virginia, and the right to establish an injection well in an old conventional well on the leased property. The party leasing and using the old injection well, Webb Construction, was later sued by the party leasing out the property, North Hills Group, after new board members over at North Hills. The lawsuit accused Webb of improperly using the old well as an injection well without first trying to see if the well could be rejuvenated as a productive gas well and building a pipeline to the well that leaked wastewater on North Hill’s property. A Fayette Circuit Court jury in 2022 found in favor of Webb and against North Hills, dismissing all claims against Webb. North Hills asked the judge to grant a new trial to overturn the jury verdict, which the judge did. North Hills won in the new trial.
We are frequently critical of the Pennsylvania Department of Environmental Protection (DEP) under the leadership of Governor Josh Shapiro. But our criticism is of the people who lead the department and the woke, leftist policies they’ve injected into the organization. Our criticism does not extend to the hardworking men and women who are the rank and file at DEP. They have demanding jobs, and they do a good job. Nowhere is that more evident than in the case of those who work in the Oil & Gas Program at DEP and the water supply/stray gas complaints they receive and must investigate. Getting a complaint that involves potential methane migration into a water supply is NOT a straightforward investigation, mainly because most of the time, that’s not how such issues are reported. Very few people contact the DEP using the words “I think my water has been contaminated with methane by a shale driller a half mile away.” It’s never that simple.
On March 20, the Pennsylvania Department of Environmental Protection (DEP) told the Oil and Gas Technical Advisory Board (TAB) that the U.S. Department of the Interior has “withdrawn” the Orphan Oil and Gas Well Regulatory Improvement Act Grant Program designed to help states strengthen their programs, in particular to prevent future oil and gas well abandonment. Oh no! Trump is cutting federal money to plug old wells! He’s so mean!! He’s so cruel!!! Except that’s not what is happening…
As we so often say, the left’s creativeness in their quest to destroy fossil energy (the thing that makes civilization possible) never ceases to amaze us. The left thought it could bully investors into divesting from fossil energy companies using ESG (environment, social, and governance) policies. That flamed out. They tried to force Big Banks to abandon loans for fossil energy companies. Yeah, that’s down the tubes, too. But, once again, they’re baaaaaack! This time, the left is pushing something called Sustainability-Linked Bonds (SLBs). The plan is to entice (force, coerce, bully) national oil companies (NOCs) and public development banks (PDBs) to use SLBs, which force NOCs to phase out fracking “transition” to the renewable energy business. Yeah, here we go again with the transitioning bullcrapus.
The Public Service Commission of Wisconsin held hearings on Tuesday at the Oak Creek Community Center to listen to public comments on a proposed natural gas plant. Wisconsin Electric Gas Operations, doing business as We Energies, proposes to spend $1.2 billion at its Oak Creek Power Plant (Oak Creek is a suburb of Milwaukee) to convert the facility from a coal-fired power plant to a natural gas plant that will generate 1,100 megawatts (MW) of electricity on demand (a “peaker” facility). The aim is to start the gas turbines when the sun doesn’t shine and the wind doesn’t blow.
The Pennsylvania Department of Environmental Protection (DEP) continues to aid and abet radical environmental groups in circumventing the state legislature. In what amounts to a classic leftist “sue-and-settle” case, last year radical environmental groups (including the Clean Air Council and Environmental Integrity Project) petitioned the state Environmental Quality Board (EQB), asking the board to amend 25 Pa. Code Chapter 78a by increasing “setbacks” for oil and gas well drilling to a minimum of 3,281 feet from any building or water wells (5,280 feet from hospitals and schools), and 750 feet from any river, creek, or mud puddle (i.e., surface waters). Such an increase in setbacks would stop ALL new shale drilling in the state, which is the goal of these radicals. The DEP is recommending to the EQB that it should accept and consider the proposed rulemaking. 
In March 2024, we reported that two Democrats and one anti-drilling RINO who run Bucks County, PA government (a Philadelphia suburb) fell for the bait by Big Green and filed a lawsuit against Big Oil companies for supposedly, knowingly, causing the Earth to toast to a cinder (see
EQT Corp. remains committed to its low-carbon aviation fuel (LCAF) project and the Appalachian Regional Clean Hydrogen Hub (ARCH2) even though federal funding for ARCH2 and other hydrogen hub projects around the country is now in question. EQT CEO Toby Rice told the Pittsburgh Business Times that his company continues to evaluate building a clean hydrogen plant. EQT remains a lead partner in ARCH2.
Hope Gas, a large local utility company that provides gas service to more than 131,000 residential, industrial, and commercial customers in thirty-seven West Virginia counties, filed a rate case with the state Public Service Commission (PSC) in August 2024 looking to convert customers who use a “farm tap” gas system to either propane fuel or electric heat for their homes (see