GOP Senators Introduce Bill to Increase US LNG Exports
U.S. Senator Ted Cruz (R-Texas), the Ranking Member of the Senate Committee on Commerce, Science, and Transportation, along with Sens. Shelley Moore Capito (R-W.Va.), Kevin Cramer (R-N.D.), and John Kennedy (R-La.), reintroduced the Natural Gas Export Expansion Act, which would expedite the federal approval process for exporting liquefied natural gas (LNG) and increase free trade, particularly as European countries are looking for new sources of clean, reliable energy.
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The West Virginia State Legislature passed House Bill (HB) 2581 on the last day of the annual WV legislative session in April 2021. HB 2581 required the State Tax Commissioner to develop a revised methodology to value oil and natural gas properties for the purpose of assessing property taxes. The State Tax Department submitted an emergency rule in the summer of 2021 that was, quite frankly, a mess. In March 2022, the legislature passed, and Gov. Jim Justice signed into law, House Bill (HB) 4336, aimed at fixing the mess (see
New shale permits issued for Feb. 13-19 in the Marcellus/Utica remained elevated last week. There were 35 new permits issued in total last week (down slightly from 40 the week before), including 27 new permits for Pennsylvania, three new permits for Ohio, and five permits issued in West Virginia. Last week the top receiver of new permits was Coterra Energy, with 13 new permits for Susquehanna County, PA. The number two permittee was Apex Energy with five permits in Westmoreland County, PA.
The Barack Hussein Obama administration went crazy with over-regulation in many areas. One of them was to redefine “waters of the United States” (or WOTUS) as everything down to, no exaggeration, mud puddles. When Donald Trump took office, he set about to correct some of the insane abuses of the Obama era, including WOTUS. He finally got it fixed. However, the Bidenistas took up the cause once again. Radicals at the EPA announced a new rule in January aimed at re-regulating all waters, putting power over just about everything (including oil and gas drilling) into the federal government’s hands via WOTUS (see 
We just have to say right up front, U.S. Senator Joe Manchin from West Virginia is either a lying sleazebag, or he’s really, really stupid. And neither option is very inspiring. Last year Manchin was lured into voting in favor of a massive government spending bill that previously was called the New Green Deal. It got renamed (misnamed) to the Inflation Reduction Act (IRA), to make it an easier sell to voters (see
The heads of three major oil and gas groups in the Appalachian region–the Marcellus Shale Coalition (representing Pennsylvania), the Gas and Oil Association of West Virginia, and the Ohio Oil and Gas Association–combined to pen an open letter to President Biden encouraging him to let the Marcellus/Utica “lead the way” in achieving our country’s shared goals for domestic, affordable, and clean energy. It’s a great letter making strong and cogent arguments for why more M-U natgas can reduce emissions and benefit not only the economy but the environment. There’s just one small problem…
On Dec. 22, the U.S. Forest Service (USFS) published a Draft Supplemental Environmental Impact Statement that allows the nearly-completed Mountain Valley Pipeline (MVP) to finish up construction through 3.5 miles of Jefferson National Forest straddling West Virginia and Virginia (see
Baker Hughes reported the rig count for last week saw the deepest cuts in rigs for any single week since June 2020 (just as the COVID pandemic and lockdowns were taking hold). The oil and gas rig count, an early indicator of future output, fell by 12 to 759 in the week ending Feb. 3. That is the lowest overall rig count number since September of last year. All of which sounds rather ominous. So we grabbed the numbers and updated our own spreadsheet/chart, and found the rig count across the three Marcellus/Utica states–Pennsylvania, Ohio, and West Virginia–remained a constant 52 active rigs over the past three months. Whew.
