Marcellus & Utica are 2 of 3 Largest Gas Fields in the World!
We always knew the Marcellus (and the Utica) are special, but here’s something we didn’t know until today. The Marcellus and the Utica are two of the three largest natural gas fields on the planet. Only the South Pars/North Dome gas field straddling Qatar and Iran holds more natural gas than either the Marcellus or the Utica individually. Together, the M-U actually is the largest gas field in the world! If we had the pipelines in our region to export our gas to other regions of our own country, and pipelines (and plants) to export our more M-U gas to other countries, we have more than enough gas in the M-U to supply the entire U.S. and the world *for decades.* That’s how massive our beloved Marcellus/Utica is.
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Pennsylvania, Ohio, and West Virginia are all scrambling to form intrastate working groups or other alliances in an attempt to be THE state chosen for one of four regional hydrogen hubs funded by the recently passed so-called Biden infrastructure bill (see 
In March the U.S. Securities and Exchange Commission (SEC), corrupted by the Bidenistas, said it will begin to force all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face (see 
In January a new bill was introduced in the West Virginia Senate requiring the entire state government, all of the various state agencies and governmental departments, to stop doing business with any bank or investment firm that refuses to support coal, oil, and natural gas companies (see 
Radical green groups, including the Sierra Club (
Pennsylvania, Ohio, and West Virginia are all scrambling to form working groups or other alliances in an attempt to be THE state chosen for one of four regional hydrogen hubs funded by the recently passed so-called Biden infrastructure bill (see 
In January a new Senate bill was introduced in the West Virginia Senate requiring the entire state government, all of the various state agencies and governmental departments, to stop doing business with any bank or investment firm that refuses to support coal, oil, and natural gas companies (see 
Two weeks ago U.S. Sen. Joe Manchin, from West Virginia, unloaded on the five commissioners of the Federal Energy Regulatory Commission (FERC) during a hearing before the committee he chairs, the Senate Energy Committee (see 
We’ve been tracking a bill in West Virginia that will finally, after more than eight years of trying, bring forced pooling to the Mountain State for Marcellus/Utica shale wells. Senate Bill (SB) 694 sailed through the WV Senate in record time and earlier this week hit the WV House. Yesterday the full House voted to approve SB 694 with some tweaks, sending it back to the Senate. Last night the Senate approved the House changes and the bill is now officially passed and on its way to the desk of Gov. Jim Justice for his signature. Will he sign it?
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 purposes of assessing property taxes. The State Tax Department submitted an emergency rule last summer that was, quite frankly, a mess. The rule created a complex system that is currently mired in controversy with both drillers and landowners confused about how much of a tax bill they will owe this year. There were two competing bills in this year’s session to correct the cockup from last year. Only one of them has survived and is close to passing.
U.S. Senator Joe Manchin, Democrat from West Virginia, is in a grumpy mood. The cause? The Federal Energy Regulatory Commission (FERC). Manchin is meeting with FERC commissioners tomorrow and he plans to take them to the proverbial woodshed for a good thrashing. Two things are on Manchin’s mind: FERC’s new rules that use global warming as a standard for reviewing pipeline projects, and ongoing delays with finishing the Mountain Valley Pipeline (MVP) project.