WV Commission Meets 2nd Time; New Shale Regs Under Consideration
The 19-member West Virginia Oil and Natural Gas Industry Safety Commission, a group created by an executive order from Gov. Earl Ray Tomblin, met for the first time on August 13 (see WV Shale Drillers: New Safety Regs on the Way in 2016). The Commission has a November 16 deadline to propose new rules and regulations that will be considered in the 2016 WV legislative session. The group is not letting any grass grow under its feet. They met for a second time last Wednesday…
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It is time to get involved in the fight to end climate change madness that has metastasized in the brains of lunatic Democrats like Barack Hussein Obama. Paul Driessen, senior policy adviser for the Committee For A Constructive Tomorrow (CFACT) which sponsors the All Pain No Gain petition against global-warming hype, and a senior policy adviser to the Congress of Racial Equality, and author of Eco-Imperialism: Green Power – Black Death, writes in a new column that there ARE climate issues we need to fix: the climate of fraud, corruption, and policies that kill jobs, hope and yes, kill people too. Paul doesn’t hold back. He has analyzed Obama’s recently released Clean Power Plan (CPP) and finds that if Obama’s plan is allowed to stand, it will limit the use of natural gas in electric power plants by 22% above 2012 levels until 2022, and after that, it limits natgas to only a 5% increase. In other words, Obama wants to choose how the electricity you use gets generated, instead of letting the free market choose. It’s obscene. It’s tyranny. It’s dictatorial. And, frankly, it’s un-American. Here’s how Paul’s latest column begins…
Halcon Resources, with with some 140,000 net acres in the Ohio Utica Shale, said in January they would not do any Utica drilling in 2015 (see 
A potentially troubling development in Penn Township (Westmoreland County), PA. Apex Energy had a permit from the PA Dept. of Environmental Protection to drill a Marcellus Shale well in Penn Twp. An anti-drilling group called Protect PT filed a lawsuit against the town for allowing the well to be drilled with first requiring a full environmental impact statement (EIS)–something that drives up the cost of drilling a well. The town caved to pressure and withdrew permission to drill, so Apex also sued the town. A deal has been worked out. Apex will have to pay for and conduct an EIS, and then they will be allowed to drill. Other towns populated with anti-drillers are catching wind of it and eyeing it as a potential way to slow or stop drilling in their towns…
Welcome to Friday. It’s time for a brief tutorial on “short selling” or “going short” in the stock market. Even if you don’t participate in the stock market, you need to pay attention if you work for a Marcellus driller or other publicly traded company that sells to or is part of the industry. You also need to pay attention if you are leased with a Marcellus driller. A company’s stock price is key to the value of the company–something called its market capitalization. The more a company is worth (the more “market cap” it has) the more it can borrow when it needs to for things like drilling new wells. A bigger market cap also means a company can borrow money at a lower interest rate (more collateral/value, less risk). Let’s take a look at the recent market gyrations and how those gyrations have encouraged something called short selling of Marcellus-related stocks…
A hilarious “Boo! Scared Ya” report has just been issued by the brainiacs at Penn State that says Pennsylvanians are all going to fry by 2050 because of mythical man-made global warming. Never mind these are the same people who have made the same predictions going back 25 years (average temps haven’t gone up now for 18 years and counting). Never mind these are the same people who can’t predict the weather next week, let alone 35 years from now. We’re just supposed to believe them because they have letters after their names, supposedly indicating they’re smart. One person has fallen for this erroneous garbage: the PennFuture Secretary of the Dept. of Environmental Protection, John Quigley. Unfortunately Quigley has the power to make drillers’ lives miserable by enacting draconian regulations to control their activities because he believes in the fairy tale of global warming. That not only makes him stupid, it makes him dangerous…
In May, MDN told you the maddening news that the federal Environmental Protection Agency had, once again, illegally grabbed power not granted to them under the Constitution by redefining what are “waters of the United States” (see 
The idiotic governor of Hawaii, David Ige, recently signed legislation that will bankrupt his state down the road. Ige, with an irrational hatred of fossil fuels, including clean-burning natural gas, signed a bill in June that requires the state to use electricity derived 100% from so-called renewable sources by 2045–just 30 short years from now. This week Ige said that does not include the use of natural gas. Good luck with that. Germany is trying to transition to 100% renewable electricity and their electric rates are through the roof, stifling business and driving companies out of the country because they can’t afford to operate there. That’s the future for Hawaii. In particular Ige dissed LNG this week saying that even though it’s cheap and getting cheaper, “it is a fossil fuel.” There you have it. Fossil fuel prejudice on full display. We once coined the phrase “fracking derangement syndrome” or FDS for anti-drillers in the northeast. Seems to fit Gov. Ige too. Here’s the thing: the pen Ige used to sign the bill into law was made from and with the use of fossil fuels (plastics). His clothes? Made from plastic fibers, i.e. fossil fuels. The shoes on his feet? Partially made out of fossil fuels, and the energy used to make them came from fossil fuels. Same for the chair he sat in, the desk he used, the cameras snapping his picture, the car he drove to work, the materials used to build the governor’s mansion…all done with fossil fuels. It is IRRATIONAL to hate and restrict the use of fossil fuels because of an idiotic belief in man-made global warming. When will people like Gov. Ige wake up? His dangerous and twisted belief has just sentenced Hawaii to become little more than a third world country economically. Hopefully a future governor will reverse course…
A coalition of Big Green environmental groups, with seemingly endless piles of cash to launch frivolous lawsuits, are launching another “sue and settle” lawsuit against the federal Environmental Protection Agency (EPA). The usual suspects are involved: Environmental Integrity Project, Natural Resources Defense Council, Earthworks, Responsible Drilling Alliance, San Juan Citizens Alliance, West Virginia Surface Owners’ Rights Organization, and the Center for Health, Environment and Justice. The Big Green groups are attempting to force the EPA to end the legal practice of wastewater disposal via injection wells, and drill cuttings disposal in landfills–largely in the Marcellus/Utica area. After all, much of the production of natural gas is in the northeast in the Marcellus/Utica, and the aim of these nutters is to end all fossil fuel production in the United States. So like a drive-by assassin, they load their litigation weapons and shoot, repeatedly, at our region. Enough. When will our side shoot back? When will we launch lawsuit after lawsuit against these groups and de-fund them using their own methods against them?…
Natural gas production in the mighty Marcellus Shale has dipped over the past several months–for the first time ever. As MDN has previously reported, the U.S. Energy Information Administration’s (EIA) Drilling Production Report (DPR) in June was the first time the EIA predicted Marcellus production would fall, from June to July, from 16,522 million cubic feet per day (MMcf/d) to 16,494 MMcf/d (see 
Finally we know. In June Magnum Hunter Resources (MHR), majority owner of subsidiary pipeline company Eureka Hunter, said it was negotiating to sell all of its ownership of Eureka Hunter to an unnamed buyer for $600-$700 million (see