Leftwing Academic Hacks Trash Talk PA, OH Cracker Plants
A group of leftwing radical professors (all of the Democrats) from seven universities in Ohio and Pennsylvania have colluded to write a letter to the governors of Ohio, Pennsylvania and West Virginia. The letter trash talks the billions of dollars in economic impact and tens of thousands of jobs ethane cracker plants and the petrochemical industry will have in the region. The leftist gang of seven poo-poos those estimates and says the proposed PTT cracker is too “risky” to approve. How do they figure?
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CNX Resources, one of our favorite Marcellus/Utica drillers, issued an operational update yesterday with some interesting new information. Chief among the tidbits is the fact that CNX, beginning May 1, shut-in some of its production. Specifically around 375 million cubic feet per day (MMcf/d). The company expects that number to decline to 300 MMcf/d by July. After that, they’ll play it by ear.
Enverus (formerly known as Drillinginfo) recently released its latest FundamentalEdge report that explores the ongoing supply response to demand destruction caused by the COVID-19 pandemic. As part of the report, Enverus estimates how much dry gas production each major shale play produced, month by month, from January through May of this year. The numbers show that production from the Marcellus/Utica, which produces the most natural gas of any play, decreased the most of any play–by some 1.5 billion cubic feet per day (Bcf/d) from January to May.
Tri-Point, LLC is an oilfield services company (OFS) specializing in products and services for drillers and pipeline companies. Tri-Point is headquartered in Houston, Texas but has a number of field offices, including an office in Towanda (Bradford County), PA that services the Marcellus industry. Sadly the company is in bankruptcy. We spotted an announcement about a virtual auction later this month to sell off/liquidate all of the company’s assets.
Going back a year (beginning June 2019) MDN has brought you news about Edge Gathering Virtual Pipelines 2 LLC (EDGE), a company that deploys special LNG units to remote Marcellus wells in PA, converting gas from the well into LNG and selling that gas (
The Pennsylvania legislature has taken the next step in overturning a naked power-grab by Gov. Tom Wolf in his bid to force the state to join a carbon tax scheme called the Regional Greenhouse Gas Initiative (RGGI). Yesterday the PA House Environmental Resources and Energy Committee approved House Bill (HB) 2025 aimed at blocking RGGI without a proper vote by the legislature first. HB 2025 now goes to the full House for a vote.
Last December Chevron announced it was writing down the value of its Marcellus/Utica assets and putting those assets up for sale (see
The Susquehanna River Basin Commission (SRBC), the quasi-governmental agency tasked with overseeing water usage within the Susquehanna River Basin, has been a huge success with respect to partnering with the Marcellus Shale drilling industry. The SRBC recently updated a report (summary below) reviewing shale water usage drawn from the basin from 2008 to 2018. The report finds shale water usage has risen to become the #3 source of water used in the river basin–although shale usage of basin water is still a small fraction of that by larger users, including municipalities and electric power generation.
In what is a hollow victory for anti-fossil fuel zealots, the Pennsylvania Supreme Court denied hearing an appeal for a case from Sunoco Logistics Partners about a permit for a pump station in Lebanon County, PA. The Supremes’ rejection means a lower court ruling stands that overturns the permit. Thing is, that pump station was built years ago and has been functioning ever since. There’s no way that pump station is going away. So why did the antis blow all that money in litigation over the years?
Pennsylvania House Speaker Mike Turzai has been a long-time supporter of the Marcellus Shale industry in the Keystone State. He’s not only an “advocate” for shale energy, he’s devastatingly effective against the shenanigans of anti-fossil fuelers from the Democrat Party. And they hate him for it. Although Turzai previously announced he won’t run for reelection (see
An economist from Binghamton University who has zero training in health care and the medical field is the lead author of a new study that claims air pollution from Marcellus fracking killed an estimated 20 people in Pennsylvania from 2010-2017. While the “study” aims to paint Marcellus fracking as a killer, we say it makes the opposite point. This study (if you believe its results) proves Marcellus fracking is about the safest form of energy on earth!
The mighty Mariner East 2X (ME2X) pipeline project gets closer and closer to 100% completion, despite the efforts of anti-fossil fuelers to hassle and block the project. In a bit of news ignored by mainstream media, another 13-mile stretch of ME2X in southeastern PA between Chester and Delaware counties went online late last week.
In a transparent effort to buy local politicians and their votes against fracking, pipelines and for high carbon taxes, a California-based group linked to billionaire Tom Steyer has dumped almost $200,000 of “dark money” into Pennsylvania elections in the Delaware Valley (southeastern PA). Steyer is also attempting to buy candidates in Virginia, Nevada, Michigan, North Carolina and Oregon. In Chester County, Steyer is buying races for three radical Democrats in the upcoming primary…