WVU Energy Institute Renames Itself – Going Woke?
We have some disappointing news to share. It appears that one of the preeminent energy research organizations in the country, the West Virginia University Energy Institute, is going woke–steering into the quicksand of focusing on unreliable, “renewable” energy. Yesterday WVU announced that the WVU Energy Institute is changing its name to WVU Institute for Sustainability and Energy Research, effective July 1st. It’s also getting a new director–Sam Taylor–whose research expertise is “geothermal, hydrogen storage and carbon dioxide storage, transportation energy utilization, renewable and nonrenewable energy research, clean energy and advanced energy technologies.” There isn’t a single mention of shale or fossil energy in the entire WVU press release.
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The news lit up Friday afternoon with the latest rig count by Baker Hughes Co. (BKR). We always caution that weekly rig counts are not a reliable way to gauge drilling activity as the count floats up and down each week. However, on Friday, the bottom kind of dropped out of the natural gas rig count. BKR said the gas-focused rig count dropped by 16 to 141 for the week, which amounts to a 10% drop in a single week. That *does* get your attention. The general consensus seems to be that low, low prices (bumping around near $2/MMBtu) have finally taken their toll, and drillers are pulling back on drilling new wells. How many rigs were lost in the Marcellus and Utica last week?
A laughably fake “report” just published by the University of Pennsylania (UPenn) and the far-left group Resources for the Future (RFF) makes this wild claim about the Regional Greenhouse Gas Initiative (RGGI), a Marcellus-killing carbon tax scheme that will shut down most coal- and natural gas-fired power plants in the state: “Regional Greenhouse Gas Initiative would lower Pennsylvania emissions, add to state revenues, and have little to no impact on electricity rates.” Yeah, right. UPenn/RFF are trying to sell a bridge in Brooklyn too, just in case you’re in the market to buy one.
Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Yesterday’s May edition predicts that U.S. natural gas production will rise to hit a new, all-time record high of 101.09 Bcf/d (billion cubic feet per day) this year! That’s up from last year’s record-high of 98.13 Bcf/d. However, the report also predicts domestic gas consumption will fall. What about prices? More supply with less demand typically means lower prices.
We’ve noticed that the more science and objective proof is offered to prove that the warming of planet Earth is a natural cycle and not caused by humans, the more shrill and unhinged the left becomes. They resort to name-calling (you’re a “climate denier”), and they even, in their unguarded moments, suggest that perhaps people who espouse an opinion different from theirs should be jailed (see
The U.S. Energy Information Administration (EIA), which tracks all things energy, reports natural gas production in the U.S. has increased for 23 consecutive months, due to an increase in demand from gas-fired power plants and LNG export operations. In fact, U.S. dry natgas production in February averaged 101.5 Bcf/d (billion cubic feet per day), the highest level for any month since 1973! Gross withdrawals (usage, including exports) were 123.1 Bcf/d in February, the highest daily rate of gross withdrawals for any month since 1980! Why do we not see mainstream media trumpeting these numbers?
Although the Bidenistas are now in control of the formerly objective U.S. Energy Information Administration (EIA) and try to hide the truth about fossil energy, the truth has a way of coming out. In March, we told you about the latest edition of the EIA’s Annual Energy Outlook for 2023 (see
The U.S. Energy Information Administration (EIA) says less natural gas was withdrawn from storage this past winter (Nov. 1 through Mar. 31) than in the past seven years. We entered the heating season with about 3% less natural gas in storage than the average, but because of mild temps during the winter, we used far less than is typical during the wintertime. Hence the low withdrawals.
If we’ve heard it once, we’ve heard it a thousand times–the claim that fracking causes earthquakes. We’ve talked about this issue almost from the beginning of writing the MDN blog site in 2009. A quick summary of our own observations is that frack wastewater disposed of via injection wells (not fracking itself) is the culprit in causing low-grade earthquakes in some areas. However, the wastewater doesn’t cause an earthquake unless the injection well is located on or near a natural underground fault in the rock layer. Rarely (we can count it on one hand) have we read of fracking itself causing an earthquake. Yet a researcher from Ohio’s University of Miami claims research shows fracking itself can cause an increase in earthquakes.
S&P Global Commodity Insights reports that natural gas production in the Marcellus/Utica has fallen this month, in April, by some 400 million cubic feet per day (MMcf/d) from the average production seen during the first quarter. The most notable declines are in eastern Ohio and southwestern Pennsylvania. Why is production down? Falling demand (from mild weather) and high rates of storage (extra supply) are crashing the spot price for natural gas traded at the region’s defacto benchmark trading hub–Eastern Gas South.
Lately, we keep reading predictions that the price of natural gas, while in the basement right now (low $2 range), will soon begin to go higher. And the price will stay higher. So say some experts (see our recent stories,
We spotted a post by the U.S. Energy Information Administration (EIA) that, at first glance, we thought, “Yeah, we know that, and we’ve talked about it.” But on second glance, and after searching our own archives, we came to the conclusion that perhaps we haven’t talked about it. At least not plainly. The “it” we’re talking about is this: In 2022, Pennsylvania’s annual natural gas production *decreased* for the first time since the shale revolution began. Which is notable.
New York State’s chickens are finally coming home to roost. The extreme leftist politicians who run the state have assaulted the fossil energy industry for half a dozen years, maybe longer. The assault on fossil energy began under Andrew Cuomo and has continued under his successor, Kathy Hochul. Their actions are leading to electricity blackouts in New York City. Last Friday, the New York Independent System Operator (NYISO) released its quarterly assessment of the reliability of the bulk electric system. While the state as a whole is not (yet) in trouble, NYISO says beginning in 2025, NYC “could become deficient” in electric power. Translation: The Big (Rotten) Apple is heading for blackouts.