Bidenistas Claim IRA Crap Sandwich is Filet Mignon for PA & OH

Yesterday, the U.S. Department of the Treasury released new data from the IRS along with analysis by the Office of Economic Policy that claims more than 158,000 Pennsylvanian families benefited from more than $267 million in tax credits to lower the costs of clean energy and energy efficiency upgrades to their homes during 2023, money that came from the misnamed Inflation Reduction Act (IRA). Treasury makes a similar claim for Ohioans, saying 109,000 Ohio families benefited from more than $150 million in tax credits from the IRA. The Bidenistas are fishing for votes in states like PA and OH, trying to sell an IRA crap sandwich by calling it filet mignon.
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In April, the Ohio Oil and Gas Commission upheld a regulatory order from the Ohio Dept. of Natural Resources (ODNR) suspending operations of three wastewater injection wells located in Torch (Athens County), OH, owned by K&H Partners, a subsidiary of Tallgrass Energy (see
Writing for Hart Energy’s Oil and Gas Investor magazine, author Nissa Darbonne penned a fabulous overview of the Utica, bringing us the history of oil drilling in Ohio (in the 1800s) all the way up to the present day and Encino Energy’s dominance in oil drilling in the Utica. The article includes details about Encino and other companies, including Infinity Natural Resources and EOG Resources. Yesterday, we brought you the secrets of the fracking recipe in the Utica used by Encino and INR (see
EOG Resources, one of the largest oil and gas drillers in the U.S. (with international operations in Trinidad and China), owns nearly a half million acres of leases in the Ohio Utica. EOG calls its position the “Ohio Utica combo play” and now considers it one of the company’s “premium plays.” EOG concentrates on oil drilling in the Utica. As part of the company’s second quarter 2024 update, Jeff Leitzell, EOG’s Chief Operating Officer (COO) said the company added another 10,000 acres of leases to its Utica portfolio during 2Q (now at 445,000 acres). He also said the company is currently focusing on 225,000 acres that are in the “volatile oil window” of the Utica.
Writing for Hart Energy’s Oil and Gas Investor magazine, author Nissa Darbonne penned a fabulous overview of the Utica, bringing us the history of oil drilling in Ohio (in the 1800s) all the way up to the present day and Encino Energy’s dominance in oil drilling in the Utica. The article includes details about Encino and other companies, including Infinity Natural Resources and EOG Resources. Yesterday, we brought you details about the founding and current status of INR (see
Writing for Hart Energy’s Oil and Gas Investor magazine, author Nissa Darbonne penned a fabulous overview of the Utica, bringing us the history of oil drilling in Ohio (in the 1800s) all the way up to the present day and Encino Energy’s dominance in oil drilling in the Utica. The article includes details about Encino and other companies, including Infinity Natural Resources and EOG Resources. On Friday, we brought you excerpts from the article about Encino Energy (see
The U.S. national oil and gas rig count lost ground last week it had gained the week before. The national combined Baker Hughes oil and gas rig count now stands at 586 rigs, down three from 589 two weeks ago. The Marcellus/Utica lost one rig last week. Pennsylvania lost a rig and now operates 20 active rigs. Ohio operated 11 active rigs. West Virginia remained the same with five active rigs. The M-U is operating a combined 36 rigs. The M-U’s primary competitor, the Haynesville, was down one rig from two weeks ago and now operates 34 rigs.
For the week of July 22 – 28, a total of nine permits were issued to drill new shale wells in Marcellus/Utica. Pennsylvania had the fewest with just two new permits, one each for Seneca Resources and Rice Drilling (i.e., EQT). Ohio had the most with four new permits, all of them for EOG Resources for a single pad in Noble County. West Virginia came in between with three new permits, all three for Antero Resources in Tyler County.
We’ve written a number of times about the Ohio Utica Shale and its beginnings with gas legend Aubrey McClendon, who, as CEO of Chesapeake Energy, was one of (if not THE) first to recognize the Utica as an oil play. However, it was a successor company, Encino Energy, that figured out how to coax large quantities of oil out of the Utica shale. Encino is one of the big success stories of drilling for oil in the Ohio Utica Shale. Roughly six years ago, Encino, in partnership with the Canada Pension Plan Investment Board (CPP Investments), closed on buying Chesapeake Energy’s Ohio Utica assets for $2 billion (see
Last week, MDN exclusively brought you the news that the CEO of American Environmental Services, which owns Austin Master Services (AMS), had filed a brief with Belmont County Court to either forgive or reduce a $1.2 million bond needed to keep the CEO, Brad Domitrovitsch, out of jail (see
Yesterday, the Ohio Dept. of Natural Resources (ODNR) opened up the shuttered Austin Master Services (AMS) radiological waste management solutions company in Martins Ferry (Belmont County), Ohio, to begin cleanup work at the facility. One contractor began working at the site, while a bunch of others did a “pre-bid walkthrough” to look at what is there to make bids for cleaning it. AMS is permitted by the ODNR to temporarily store up to 600 tons of fracking waste, like drill cuttings and wastewater. ODNR estimates there are some 10,000 tons of fracking waste at the site. AMS ran out of money, and vendors quit accepting the waste. After failing to meet a court-ordered July 22 deadline, ODNR stepped in to handle the cleanup.
As we have been reporting, Austin Master Services, a radiological waste management solutions company in Martins Ferry (Belmont County), Ohio, that handles fracking waste (trucks it for disposal), ran into trouble when it ran out of money. The facility where waste is temporarily stored went from a permitted maximum of 600 tons of stored waste to over 10,000 tons, in violation of its permit. The Ohio Attorney General’s office filed a lawsuit against the company to force compliance. As is always the case, there are two sides to every story. The side of AMS and its owner, Brad Domitrovitsch, is not getting much media coverage. We have an update on Brad’s side of the story…
Austin Master Services (AMS) is a radiological waste management solutions company in Martins Ferry (Belmont County), Ohio. The Ohio Attorney General lodged charges against AMS in March, accusing the company of storing 16+ times more drill cuttings at the facility than it’s rated for (see
In the fall of 2021, President Biden signed into law the so-called Infrastructure Bill, some $1.2 trillion in pork barrel spending, passed with the help of turncoat Republicans (see