Report: Northeast Petrochemical Industry Market Outlook 2020
MDN is proud to partner with Petrochemical Update, now owned by Reuters Events, to promote the forthcoming Northeast US Petrochemical Conference & Expo 2020, being held June 29-30 in Pittsburgh. As part of that event, Petrochemical Update recently released the Northeast Petrochemical Industry Market Outlook 2020 report. We have details below on how you can get a free copy. Also below are details on how to register for the upcoming June conference–and save $150! Please join MDN at this year’s event. We promise it will be well worth your time.
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One of the privileges of writing about the Marcellus/Utica industry is the occasional opportunity to attend worthwhile events and connect with the terrific people who work in this industry. Shale Insight (last week in Pittsburgh) was one of those events. MDN editor Jim Willis will attend another such event in a few weeks: 
MDN is on the road in beautiful Pittsburgh, covering the Shale Insight 2019 event, so today’s lineup of stories is all about yesterday’s opening day. We will return with full strength MDN news on Friday. Meanwhile, tag along with MDN and be a virtual attendee at our industry’s marquee event!
President Trump was in rare form as he addressed several thousand people at the 2019 Shale Insight event. He was the closing keynote speaker of the first day of the conference. MDN editor Jim Willis was there to capture the speech for our readers. After acknowledging and praising three cabinet officials who came along with Trump–Dept. of Interior Secretary David Bernhardt, Dept. of Energy Secretary Rick Perry, and EPA Administrator Andrew Wheeler (all of whom Trump had high praise for)–Trump opened his remarks this way: “I was here three years ago and you’re much happier now. You’re much wealthier now.” Trademark Trump!
We snapped a number of pictures of President Trump’s speech yesterday. Unfortunately the camera on our phone isn’t the greatest, and we were sitting far back, so the shots are a bit blurry. We snapped quite a few of the big monitor to improve the images. We’re not sure it helped. At any rate, come along to virtually attend the rally!
The National Association of Royalty Owners’ national convention has been under way this week in Pittsburgh, wrapping up today. One of the big topics at the event has been a push to get a “royalty check stub” bill passed in Pennsylvania. What’s that? It’s a bill that forces drillers to do a better, more detailed job of breaking down royalty statements so landowners/rights owners can see what expenses have been deducted from their royalty checks. Such a bill passed and went into law in West Virginia last year (see 
Several analysts at last week’s LDC Gas Forum Northeast conference in Boston offered their opinion that further growth in production for the Marcellus/Utica region is on the cusp of stalling. Why? Because they don’t see any new major pipeline projects on the horizon beyond the final “big 3” (Atlantic Coast Pipeline, Mountain Valley Pipeline, and PennEast Pipeline), and because major LNG export plants along the Gulf Coast will receive most of their gas from bountiful associated gas that comes from plays much closer to the Gulf, including the Permian and Midcontinent regions.
Natural gas was front and center at the ninth annual Marcellus and Manufacturing Development Conference, an event of the West Virginia Manufacturers Association, held yesterday in Morgantown, WV. Among the speakers was Steve Winberg, U.S. Department of Energy assistant secretary for fossil energy. He mouthed strong support for the Appalachian Basin ethane “hub” saying the region can easily support up to five ethane crackers, and that could lead to $35 billion of investment and 100,000 jobs in the region.
CERAWeek (by IHS Markit) is held each year in Houston, Texas. There is no doubt it is the world’s premier energy event. Last week U.S. Secretary of State Mike Pompeo addressed attendees, as did Secretary of Energy Rick Perry and the Chairman of the Federal Energy Regulatory Commissioner Neil Chatterjee. Movers and shakers. Everyone from Saudi Arabian oil sheikhs to wildcatting frackers from America’s shale plays were there.
Marcellus Drilling News is happy to partner with the Oil & Gas Awards. Last week the 
The Ohio Oil & Gas Association (OOGA) is currently holding their 72nd Annual Meeting in Columbus, Ohio. U.S. Vice President Mike Pence will address the event today. Cool! Kallanish Energy is at the event. They report that Encino Energy, which bought out all of Chesapeake Energy’s considerable Ohio Utica assets last year, was the “center of attention” yesterday.
Once again Marcellus Drilling News is happy to partner with and support the