Chevron Complains that VG’s Plaquemines LNG to Delay Startup
Don’t say we didn’t warn them, because we did. Chevron is complaining that Venture Global is behaving like Venture Global—screwing over its contracted customers so it can make billions by selling LNG to uncontracted customers while pretending its LNG export facility isn’t commercially ready. We have to ask, what the heck did Chevron *think* would happen? Fool me once, shame on you. Fool me twice… Read More “Chevron Complains that VG’s Plaquemines LNG to Delay Startup”
MARCELLUS/UTICA REGION: $250K available to help PA fire, rescue & EMS prepare for gas well incidents; Energy and conservation is a win-win for Pennsylvania’s game lands; OTHER U.S. REGIONS: In some CT towns, clouds form over new solar developments; Hawaii enters agreement with top Japanese buyer of liquefied natural gas; NATIONAL: Weaker demand outlook and milder weather push US natural gas futures lower; US oil futures backwardation narrows to 20-month low on mounting fears of a glut; Trump gets it right on AI; How Baker Hughes is gearing its business for the age of gas; INTERNATIONAL: Crude near $59 on surplus fears; Oil tankers avoid sanctioned China port. 
After gaining rigs for four weeks in a row, the Baker Hughes U.S. national rig count stayed even two weeks ago, neither gaining nor (more importantly) losing any rigs (see 
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its highly dysfunctional and irresponsible counterpart, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use requests for responsible and safe shale drilling. The SRBC published a notice in the October 11 Pennsylvania Bulletin that the commission voted to approve 11 water withdrawal requests related to shale gas development and two for gas-fired power plants. 
Infinity Natural Resources (INR), headquartered in Morgantown, WV, focuses 100% on the Marcellus/Utica. The company went public earlier this year with a $265 million ($20/share) initial public offering, giving INR a $1.18 billion market capitalization (see 
Fox Tank Company is one of the leading oil storage tank manufacturers in Texas, serving the growing oil field production needs of the Eagle Ford Shale, Permian Basin, and Bakken Shale areas. Chip Rogers, president of Fox Tank, traveled to Coshocton, OH, for an equipment auction at the former Crozier Welding in March. He liked what he saw and decided to stay. Fox is interested in servicing the Marcellus/Utica region. The company leased the former Crozier Welding site in June after being welcomed “with open arms” by local officials.
Radical environmentalists once again have their knickers in a twist. When don’t they? In August, the Federal Energy Regulatory Commission (FERC) reissued a certificate for the Northeast Supply Enhancement (NESE) project, a billion-dollar-plus project designed to increase Transco pipeline capacity and flows of Marcellus gas heading into New York City and other northeastern markets by an extra 400 MMcf/d (see 
Governor Josh Shapiro’s Streamlining Permits for Economic Expansion and Development (SPEED) program, launched in August 2024, aimed to expedite Pennsylvania’s permitting process (see 
For the week of September 29 to October 5, the number of permits issued to drill new wells in the Marcellus/Utica increased from the previous week. There were 32 new permits issued across the three M-U states last week, up five from 27 issued two weeks ago. Last week, Pennsylvania issued 27 drilling permits across six counties—the highest weekly total the state has recorded in months, possibly even over a year. Ohio issued five permits in two counties. West Virginia was skunked last week, issuing no new permits for the second consecutive week. What’s up with WV? 
We’ve been critical of the Regional Greenhouse Gas Initiative (RGGI), a tax on carbon dioxide assessed on power-generating plants in the northeastern U.S., since Pennsylvania’s then-Governor, Tom Wolf, unilaterally tried to force his state into the plan in 2019 via Executive Order (see 
In September, a blaming and bullying “summit” was convened by one of the biggest bullies on the political scene today, Pennsylvania Governor Josh Shapiro, to complain about high electricity prices in the PJM Interconnection grid (see 
One of the environmental left’s favorite tactics to defeat fossil fuel projects is to challenge every single infrastructure project (pipeline or otherwise) connected to fossil energy at the Federal Energy Regulatory Commission (FERC). As soon as a company files an application to build a new project, and FERC approves it, Big Green will challenge it, first at FERC, and eventually via the courts. FERC has an internal rule, called Order No. 871, that states a company cannot begin construction (even though FERC has approved the certificate) until all such legal challenges are resolved, which can take YEARS. Which is the point—delay, and eventually, some of the projects will give up and won’t build. Run out the clock. Two days ago, FERC issued a new rule eliminating Order No. 871 rule, meaning construction can now begin months and years sooner, even while appeals continue. The enviro-left just lost one of its most potent weapons. 
MDN will not publish stories on Friday, Oct. 10, and Monday, Oct. 13, in observance of Columbus Day. Have no fear; we will be back on Tuesday with a full lineup. Please take a moment to celebrate the world’s most famous Italian, the guy who started it all, and the guy who discovered the Americas and what would one day become the greatest country on earth: The United States of America!