MDN’s Energy Stories of Interest: Mon, Apr 14, 2025 [FREE ACCESS]
MARCELLUS/UTICA REGION: WVU Extension receives grant to provide free training to oil and gas workers; NATIONAL: You can’t LNG your way out of a trade deficit; Goldman says ESG investors should bring oil and gas stocks in from the cold; Renewing the mandate to safeguard the energy grid; Granholm cashes in; INTERNATIONAL: Abu Dhabi’s Adnoc said to weigh bid for $9B Aethon assets; OPEC+ policy shift ‘highly significant’; Back to Russian gas? Trump-wary EU has energy security dilemma; Congress moves to block IMF support for African oil fund restrictions; US wants Ukraine to handover control of key pipeline carrying Russian gas. Read More “MDN’s Energy Stories of Interest: Mon, Apr 14, 2025 [FREE ACCESS]”

For the week of Mar 31 – Apr 6, the number of permits issued in the Marcellus/Utica to drill new shale wells increased by two from the previous week. Last week, 21 new permits were issued, with 12 going to the Keystone State (PA). Expand Energy, via its merged companies Chesapeake Energy and Southwestern Energy, scored five permits, with three permits for Southwestern in Susquehanna County and two for Chesapeake in Bradford County. Greylock Energy received three permits for drilling in Potter County. Range Resources also received three permits to drill wells in Lycoming and Washington counties.
Last week MDN brought you the great news that Boardwalk Pipeline Partners launched an open season to offer an extra 2 billion cubic feet per day (Bcf/d) of capacity along its 5,975-mile Texas Gas Transmission pipeline network that stretches from Ohio to Louisiana, running through Indiana, Illinois, Kentucky, Mississippi, and Arkansas along the way (see
The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook yesterday, the agency’s monthly best guess about where energy prices and production will go in the next 12 months. In this latest assessment, EIA boosted its estimates for the Henry Hub price. The agency now expects the HH price to average $4.30 per million British thermal units (MMBtu) in 2025, ten cents higher than last month’s forecast. EIA expects the annual average price in 2026 will be $4.60/MMBtu, also ten cents higher than last month’s forecast. The basis for the rise in the price forecast is lower storage levels. Inventories of stored gas are 4% below the five-year average.
A month ago, MDN told you about a meeting held in northeastern Pennsylvania between newly-appointed EPA Administrator Lee Zeldin, Congressman Rob Bresnahan, several state elected officials, as well as labor and others (see
Does Donald Trump ever sleep? He just keeps churning out the hits, day after day and week after week. Two days ago, President Trump signed two more executive orders (EOs) and a memorandum related to energy. On April 9, the President issued a new executive order requiring agencies to adopt one-year sunset dates on any existing regulations affecting energy. A second order requires agencies to identify regulations that limit competition. The President also signed a memorandum implementing a previous EO, directing the repeal of unlawful regulations under 10 recent U.S. Supreme Court decisions, including the Supreme Court decision overturning the “Chevron doctrine.”
Yesterday, MDN told you about a newly announced data center (and gas-fired power plant) coming to Washington County, PA (see
A number of data centers have been announced in Licking County, in the suburbs of Columbus, Ohio. They all will need enormous amounts of electricity to operate. MDN recently told you about three gas-fired power plants planned for New Albany, including one from PowerConneX and two from Williams subsidiary Will-Power (see
Permitting in Pennsylvania, overseen by the Dept. of Environmental Protection (DEP), has been a hot mess for years. A Chapter 102 Erosion and Sedimentation permit sometimes takes two, three, or even six months for approval — instead of the policy-mandated 14 days. According to a DEP press release from yesterday, that’s all behind us. Last November, DEP Acting Secretary Jessica Shirley and Gov. Josh Shapiro said the agency had *eliminated* the backlog for oil and gas permits (see
Just as the pandemic began to unfold in early 2020, Shell pulled out of a 50/50 joint venture partnership with Energy Transfer (ET) to build a new LNG export facility in Lake Charles, Louisiana (see
In what has to be the stupidest trade move in history, China will enact an 84% reciprocal tariff on imports of U.S. goods beginning today. The increase was in response to a 104% tariff that the U.S. placed on imports of Chinese goods, which President Trump raised to 125% yesterday. China will LOSE this trade war. However, if the Chinese want to self-immolate their economy and persist with the tariff war, it has the potential, according to RBN Energy, of “destroying” propane and ethane exports from the U.S. Why?
In 2022, we reported the sad (and angering) news that then-U.S. Senator Joe Manchin, a liberal Democrat from West Virginia, had betrayed his WV constituents and the entire country by secretly cutting a deal to vote for Joe Biden’s New Green Deal bill repackaged under the false and misleading name of the Inflation Reduction Act (see
Yesterday, the Pennsylvania Environmental Quality Board (EQB) was scheduled to consider accepting a petition by radical green groups, including the Clean Air Council and Environmental Integrity Project, to “study” the issue of increasing setbacks for shale drilling so far it would ban ALL new Marcellus/Utica drilling in the Keystone State. Instead of voting to accept the petition, EQB commissioners voted 16 to 3 to table the petition for a future meeting. No doubt this matter will cycle around again, but we can all breathe a sigh of relief for now.