EQT to Begin Reversing Curtailed Production Starting in October
In July, MDN brought you the news that the largest natural gas producer in the country, EQT Corporation, totally focused on drilling in the Marcellus/Utica, was still curtailing (intentionally reducing) some of its M-U production through the second half of 2024 (see EQT 2Q – Selling Rest of NEPA Non-Op Assets, Curtailing 500 MMcf/d). A number of other M-U producers, BIG producers, also announced curtailments this year, including Chesapeake Energy and Coterra Energy. EQT CEO Toby Rice told Reuters yesterday that his company will begin to restore some of the curtailed volumes starting in October. Read More “EQT to Begin Reversing Curtailed Production Starting in October”
EQT CEO Toby Rice has been in New York City for the city’s so-called Climate Week. Rice (EQT) is a member of the Partnership to Address Global Emissions. Bloomberg is reporting on several comments made by Rice that are intriguing and insightful—comments about the coming important role of AI data centers, when the price of natural gas may begin to rise again, and just how high the price may hit. Buckle up as we crawl inside the head of Toby Rice… 
NATIONAL: Climate activist group endorses Harris; Tally of US wind & solar rejections hits 735; Diversified E&Ps rebalancing portfolios to crude oil as natural gas revenues sink; INTERNATIONAL: Is oil more likely to go to $60 or $100 in 2024?; Chevron paid more to African petrostates than the USA in 2023; 100+ global lawmakers urge Biden to reject new LNG exports. 
The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d of natural gas through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. As we told you in September 2023, Enbridge conducted an open season to gauge interest in expanding Algonquin’s capacity to flow more gas into New England — mainly from the Marcellus/Utica — called Project Maple (see 
CNX Resources released its first Radical Transparency™ assessment report in August (see 
A gigantic 91,000-square-foot facility that turns cow poop into CH4 (methane) is set to begin construction, possibly in October, near Seneca Lake in Ontario County, NY. Yes, the beautiful countryside of Upstate New York will soon produce methane, and it will be near the largest of NY’s bucolic Finger Lakes. The facility will use the manure from 12 local dairy farms with a combined 11,000 cows to extract methane through an anaerobic digester process. The methane would then be converted into natural gas and injected into a nearby NYSEG (New York State Electric & Gas) pipeline. Wait…where’s anti-fossil fueler Sandra Steingraber from Ithaca College? Where’s anti-fossil fueler Robert Howarth from Cornell University? They both begin to froth at the mouth whenever the word “methane” is uttered publicly or privately anywhere in Upstate New York! Yet they, and groups like Food & Water Watch, the Sierra Club, and a host of other Big and Little Green groups are completely silent about this plant that will see 91 truckloads of cow poop coming and going each and every day at this plant—12 hours a day. All to produce (gasp!)…METHANE. 
The European Union’s idiotic methane regulations will soon come into full force, prompting oil, gas, and coal companies to monitor, measure and report their emissions. The same restrictions will also apply to energy imports coming from other countries, including the U.S. (see 
According to Ronald Stein, an engineer, senior policy advisor on energy literacy for CFACT (Committee For A Constructive Tomorrow, a Washington, D.C. think tank), and co-author of the Pulitzer Prize-nominated book, “Clean Energy Exploitations,” energy policymakers in the U.S. (and elsewhere) do not understand that electricity and transportation cannot exist without products made from fossil fuels. Political bureaucrats and policymakers seem to be oblivious to humanity’s addiction to oil, as they are to these two basic facts… 
In January, MDN told you about a long-closed landfill that seeks to reopen in Liberty and Pine Townships in Mercer County, PA (see 
We don’t think it’s overly melodramatic to say that Pennsylvania is standing on the edge of a cliff with the upcoming election in November. Yes, there’s the issue of which presidential candidate, Trump or The Cackler, will win PA and likely win the election. That is of critical importance. But so, too, is another race (or races): That of the Pennsylvania Senate. Right now, a radical Democrat, Josh Shapiro, is governor in PA. The PA House has a razor-thin Democrat majority in control (102-101). The Senate is a bit better with a 28-22 GOP majority. However, the enviro left has its sights set on retaining the House and flipping at least three Senate seats in “swing” districts this year. If all three branches are in Democrat hands come next January, you can expect very bad things ahead for the Marcellus shale. 
A little over a month ago, MDN told you about a new opportunity major midstream (pipeline) companies discussed in their latest quarterly updates: building natgas pipelines directly to data centers. Why? Because increasingly, those data centers are considering making their own power (see