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Washington County, PA Panel Discusses Future of ARCH2 Hydrogen Hub
The Washington County (PA) Chamber of Commerce held an event last week with a panel of experts involved with the Appalachian Regional Clean Hydrogen Hub (ARCH2) to discuss the long-term impacts of the project on the local economy and job market. ARCH2 was first proposed by (mainly sponsored by) West Virginia. Ohio and Pennsylvania later joined in supporting the ARCH2 proposal, which was selected by the Bidenistas as one of seven regional hydrogen hubs to share in a $7 billion pot o’ gold (see Hydrogen Hub Winners Announced – WV Takes Prize in M-U Region). ARCH2’s portion of the money is $925 million.
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Last week, the Baker Hughes rig count gained five rigs after losing two rigs the week before. The count went from 621 active rigs two weeks ago to 626 last week. The national count has consistently stayed between 620 and 625 (or one or two above or below that range) since last October. The Marcellus/Utica lost one rig last week. Pennsylvania actually added two rigs last week and now operates 24 rigs (the most since last June). Ohio and West Virginia each lost one rig, with Ohio now at 12 active rigs and West Virginia at seven active rigs.
According to Reuters, oilfield service companies and drillers have put the brakes on hiring and “further job cuts could loom” as natural gas producers respond to sliding prices by slashing spending on new wells to reduce excess production. We told you yesterday that Chesapeake Energy announced a coming rig and frac crew cut in the Marcellus (see 
Democrats will never be satisfied until they tax you for breathing and even existing, which was perfectly illustrated by a proposal submitted by the Pennsylvania Dept. of Environmental Protection (DEP) to its so-called Climate Change Advisory Committee on Tuesday. Not satisfied to try and force a Marcellus-killing carbon tax (called the Regional Greenhouse Gas Initiative, or RGGI) on gas- and coal-fired power plants, the DEP now wants to grow RGGI or some facsimile thereof to “all sectors” of the PA economy. Are they TOTALLY INSANE? We have to say the answer to that rhetorical question is YES!
Last week, MDN told you about landmen knocking on doors in Pennsylvania, Ohio, and West Virginia, looking to sign up landowners for a big carbon capture and sequestration project (see 
The Pittsburgh Post-Gazette has an excellent article reporting on an effort by Tenaska, one of the largest privately operated companies in the U.S., to build a carbon capture and sequestration (CCS) hub spanning tens of thousands of acres in Pennsylvania, Ohio, and West Virginia. Landmen are “knocking on doors again” in all three states, looking to sign up landowners to store carbon dioxide deep underground. We have the details below, including how much money Tenaska is paying as a signing bonus and how much is on offer (per acre) each year.
Tenaska, one of the largest privately operated companies in the U.S., announced it has purchased six 21-megawatt (MW) natural gas power plants in Northeast Pennsylvania from IMG Energy Solutions. Tenaska currently operates approximately 22,000 MW of natural gas-fueled and renewables electric generation. We don’t know where the time has gone, but the last time we wrote about IMG was nearly seven years ago! MDN first told you about IMG (then called IMG Midstream) in August 2014 (see 
There is no doubt that recently issued regulations by the federal Environmental Protection Agency (EPA) and the Pennsylvania Dept. of Environmental Protection (DEP) aimed at reducing methane emissions are having a deleterious effect on the Marcellus industry in the Keystone State. The Bidenistas are proposing a huge tax on oil and gas drillers that will drive some companies out of business (see 
Yesterday, Pennsylvania Gov. Josh Shapiro unveiled a whopping $48.3 billion budget that threatens to bankrupt the state. Among the line items in Shapiro’s bizarre spending plan is a $1.1 billion increase in funding for K-12 public schools, and just $10 million to help the state’s Dept. of Environmental Protection (DEP) try to fix its broken permitting system. Yes, the DEP gets an extra $10 million, which amounts to 0.0002 (or two one-hundredths) of the overall budget, to help fix the broken permitting system. Meanwhile, teachers’ unions (who voted for Shapiro) get a bribe of an extra $1.1 billion (0.0227 or 2.3%) of the bloated budget.
Last Thursday, members of the Pennsylvania Senate, including PA State Sen. Gene Yaw, and members of the Ohio General Assembly met in Columbus for a hearing on energy reliability, sustainability, and affordability. The hearing consisted of two panels, one focused on state and national energy impacts and another on consumer and generational impacts. PJM, the organization that manages the mid-Atlantic power grid consisting of 13 states and the District of Columbia, testified. Indeed, the main thrust of the meeting seemed to be how to keep the growing PJM grid from crashing into blackouts because of an overreliance on unreliable renewables like solar and wind.
Actions speak so much louder than words on a page, don’t they? Take Pennsylvania Gov. Josh Shapiro. When he was Attorney General, he relentlessly threatened and attacked and harassed the companies in the Marcellus industry (