Weather/Natgas Forecast for NE Revised: Cool All Summer (Yuck)
Is there a weather forecast worth the pixels used to broadcast it? We doubt it. We laugh when we hear about “climate change” coming in the next X years, which really means global warming, and how the “average temperature” of old Mother Earth is about to skyrocket–any year now. Of course hucksters like Al Gore have been saying that for the past 25 years. And still the average temp on earth goes up, then it goes down, then it goes up. OMG–climate changes! Can you believe that?!! What dopes. Anyway, last month we brought you the long range weather forecast for the entire country, month by month, from Weather Services International (WSI)–a respected weather prognosticating company used by many in the natural gas industry (see Marcellus/Utica 3-Month Temp Forecast: Cold, Warm, Warm). New month, new forecast. And guess what? The forecast has changed. Now WSI says weather in the northeast will remain cooler than “normal” all summer long–at least through July. Yipee. Meanwhile Al Gore and those incredibly brainy “scientists” he listens to are making predictions about the weather decades down the road–when we can’t get it right from month to month–even day to day…
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When MDN editor Jim Willis attends industry conferences, more often than not there is at least one, sometimes more than one, session on CSR, or Corporate Social Responsibility. CSR means oil and gas companies ensure they are in compliance not only with the letter, but the spirit of the laws and regulations under which they operate. It also means going beyond the minimum and being good neighbors and participating in the communities in which they operate. Our industry takes the CSR role seriously. So when we noticed that Hess was named the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens for 2015, we thought it worth mentioning and giving them a shout-out for a job well done…![IHSPredictsNaphthaOversupplyThrough2020[1]](http://marcellusdrilling.com/wp-content/uploads/2015/04/IHSPredictsNaphthaOversupplyThrough20201.jpg)
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:
Last October MDN told you about the rumor that a pair of companies from Thailand and Japan were partnering with the aim of building an ethane cracker plant in the Marcellus/Utica region (see
It seems that unfortunately, Schlumberger’s second round of layoffs was an omen and indeed a predictor of things to come (see
Patterson-UTI operates (leases out) drilling rigs for shale and conventional drilling. They are one of the biggest rig firms in the Marcellus/Utica. They were also, a few years ago, a juicy target for the mob. The mob told Patterson that the goodfellas didn’t like Patterson’s hiring patterns. Patterson wasn’t treating all of its employees exactly the same. And the color mix of employees was a bit off for the mob’s taste. So the mob did what they do best–a shake down. Patterson could pay them big bucks and the problems would all magically disappear. It’s called protection money. The cost to Patterson to “protect them” would run into the millions–which is why the company originally opposed such a scheme. But in the end, Patterson caved and handed over $12.26 million in protection money to the mob. Oops. Did we say “mob”? We meant to say “U.S. Equal Employment Opportunity Commission.” And did we say “protection money?” We meant to say “settlement.” Here’s the details behind the shakedown of Patterson-UTI…