MDN’s Energy Stories of Interest: Thu, Apr 24, 2025 [FREE ACCESS]
MARCELLUS/UTICA REGION: Traitor Joe Manchin lands cushy board job with mining company; NATIONAL: Wall Street ends higher on hopes of trade war de-escalation; EPA continues to dismantle environmental justice office; Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024; Biden’s signature Inflation Reduction Act must be repealed; The world needs People Day more than Earth Day; Shale slowdown? Halliburton sounds the alarm; Baker Hughes flags tariff impact on full-year core profit; Key court wins power American energy infrastructure; Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says; Natural gas price forecast – will $3.00 hold or lead to lower prices?; INTERNATIONAL: Energy security is national security, OEUK says; India cuts LNG imports as other fuels become more attractive; White House debates lifting sanctions on Russian energy assets, Nord Stream. Read More “MDN’s Energy Stories of Interest: Thu, Apr 24, 2025 [FREE ACCESS]”
The rumor mill was right. In February, MDN brought you the juicy rumor that Olympus Energy, founded in 2012 as Huntley & Huntley Energy Exploration (a company that drills exclusively in the Pittsburgh suburbs), was being shopped for sale by its main financial backer (see 
In January, MDN reported that the PJM Interconnection electrical grid operator, covering Pennsylvania (along with all or parts of 12 other states and the District of Columbia), had caved to the political demands of PA Gov. Josh Shapiro to artificially cap the prices of the next capacity auction scheduled for July 2025 (see 
One week ago, MDN told you that an on-again, off-again plan to build a massive natural gas-fired power plant (that would use Marcellus gas) in Pittsylvania County, Va., had been pulled by the builder (see 
Energy analysts say the front-month contract for NYMEX natural gas (for May) is “flirting with [the] $3.00 per million British thermal units (MMBtu) psychological level.” At one point during trading yesterday, the price tested an intraday low of $2.995. Yuck. Are we heading back below $3 again? Unfortunately, analysts are saying that although $3 is a strong psychological barrier, “technicals indicate further weakness ahead.” Sounds a bit ominous. 
Reuters is reporting that the European Union (we call them ‘Euro weenies’) is looking at ways to make it easier for U.S. LNG exports to comply with its onerous new methane emissions regulations. The EU is earnestly trying to avoid a trade war with President Trump, according to sources speaking to Reuters. What’s happening is that Europe is trying to figure out how it can not block U.S. LNG based on its cockamamie new regulations and save face at the same time. 
The research continues to roll in that deeply blue Democrat states that insist on forcing their citizens to convert to so-called green energy are driving them out of those states. Last week, we brought you an analysis of counties along the Pennsylvania/New York border, on either side (see 
The West Virginia Supreme Court was scheduled to hear two significant oil and gas royalty disputes during a morning session today. Both cases center on whether natural gas companies can deduct post-production costs from royalty payments and, if so, under what circumstances. The stakes are incredibly high for both landowners and drillers. The first case, Kaess v. BB Land LLC, we had not previously heard about. The second case, Romeo v. Antero Resources Corporation, we have heard about. We first reported on that case back in 2017 (see 
The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities recently issued a report stating that the country’s bulk-power system performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems. The system’s performance, according to the joint report, demonstrates the benefits of actions taken in response to recommendations from prior winter storm reports and the need for continued coordination between natural gas and electric systems in preparing for and responding to extreme cold weather. No word in the report on unreliable renewables because, well, they don’t matter. Natural gas power is what really matters. 
The U.S. Department of Energy’s Loan Programs Office (LPO) was created to help advance clean-energy infrastructure and technologies that allegedly had the potential to be adequate energy resources but struggled to secure private investment. In reality, LPO is a taxpayer-backed ATM for unreliable energy technologies and infrastructure that can’t compete without federal funding. It’s a Biden-era boondoggle, and it’s time to scrap it. 
Today is the annual day when environmental wackos demand fealty to Mother Earth. You WILL bow down and worship the creation (instead of the Creator) or risk being excommunicated from polite company. We thumb our noses at Earth Day worshipers and declare our love for the miracle of fossil energy on this Earth Day. We invite you to join us in celebrating the greatest invention of mankind–fossil fuels!