PA-Based Air Products Sells LNG Tech Biz to Honeywell for $1.8B
Air Products, headquartered in the Lehigh Valley area of Pennsylvania (Allentown area), once manufactured huge rocket-looking “production trains” or “heat exchangers,” which are pieces of equipment that turn natural gas into liquefied natural gas (LNG), in a plant in Wilkes-Barre, PA. The heat exchangers manufactured by Air Products in Wilkes-Barre were two-thirds of a football field long (180 feet) and used by plants all over the world to condense natural gas into a liquid. Air Products shut down the Wilkes-Barre plant in 2017 (see Air Products Closing Wilkes-Barre LNG Manufacturing Plant). However, Air Products kept operating a second LNG manufacturing plant in Port Manatee, Florida. Yesterday, the company announced that it had completed the process of selling its LNG technology manufacturing business, including the Port Manatee facility, to Honeywell for $1.8 billion. Read More “PA-Based Air Products Sells LNG Tech Biz to Honeywell for $1.8B”
The Bidenistas at the EPA attacked coal and gas-fired power plants in April, threatening to destabilize the existing electric power grid with new regulations (see 
We spotted an article on the Rigzone website with the following headline: “What Would a USA Fracking Ban Mean for the Oil Price?” Our initial thought was, “A frack ban will never happen.” But we read the article and came across this comment by Matt Willer, Managing Director of Capital Markets at Phoenix Group Holdings: “Willer told Rigzone that, in his opinion, the likelihood of a U.S. fracking ban is less than 50 percent.” Whoa, wait just a darned minute! You mean IF The Cackler actually wins, there is a close-to-50% chance of a nationwide frack ban? That’s what Willer appears to be saying. If true, it’s alarming. It’s astonishing. And it’s all the more reason you must motivate everyone you know to vote for DJT. 
OTHER U.S. REGIONS: Eversource Energy completes exit of offshore wind business; NATIONAL: Bidenistas accuse John Hess of colluding with OPEC; Government control of what you eat is on the menu if Kamala wins; Maryland court ruling threatens to shut down Gulf of Mexico production; INTERNATIONAL: Japan LNG lobby urges government to help negotiate better contracts; China extracts commercially viable natural gas from deeper shale formations. 
Three weeks ago, MDN told you about a developing story of rig realignment in the Marcellus/Utica (see 
According to Pennsylvania regulation 25 Pa. Code § 78a.122(b)(6)(iv), a drilling company must provide a list of the chemicals intentionally added to the stimulation [fracking] fluid by name and chemical abstract service (CAS) number in a Completion Report. The PA Department of Environmental Protection (DEP) says three drillers, including EQT, Range Resources, and Greylock Energy, failed to file the proper paperwork for one or more wells.
For years, MDN has told you that the very first Marcellus well to be drilled and fracked was done by Range Resources Corporation in Washington County, PA. Beyond that, we didn’t know much. Thanks to an article appearing in the Washington Observer-Reporter, we now know the full story—or at least a lot more of the story—including the name of that very first Marcellus well. 
Venture Global’s Calcasieu Pass LNG export facility received Federal Energy Regulatory Commission (FERC) authorization to place the final three liquefaction blocks (7-9) into service in November 2023 (see 
As we often say, we’re suckers for a good railroad story. There’s something magical about the clickety-clack of trains heading cross country. Shortline railroads play an important role in the Marcellus/Utica by transporting machinery, materials for drilling, and sand. But today’s story is not about shortlines but long-haul railroads. Here’s a fascinating fact: U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, oil, and natural gas, being the most common. The number two most common product hauled (not even close) is agricultural products. 
There were 32 permits issued to drill new shale wells in Marcellus/Utica for the week of Sept. 16 – 22, more than doubling the 15 issued the prior week. The Keystone State (PA) had nine new permits, with five of them going to EQT in Greene County. The Buckeye State (OH) had 20 new permits. The floodgates opened up! The top recipient in OH was Encino Energy, which received eight permits divided between Guernsey and Carroll counties. EOG Resources received five permits in Harrison County. The Mountain State (WV) had three new permits after getting skunked the prior week. All three were issued to Northeast Natural Energy (NNE) in Monongalia County. 
Toby Rice, the Chief Executive Officer of EQT Corporation, currently the largest natural gas producer in the U.S. (but about to become second-largest next week, after Chesapeake Energy & Southwestern Energy merge to become the largest, see today’s companion story), addressed the 800 attendees at the Shale Insight event yesterday. He was in Erie, PA, yesterday, just one day after he spoke at an event in New York City at that city’s so-called Climate Week. Rice had some rather blunt words about the capability of renewable energy and the inability of renewables to meet a dramatic increase in demand for energy that will come from AI data centers and a massive expansion in the use of electric vehicles. He said renewables will “not be enough” to meet that demand, especially at the prices needed. Natural gas, on the other hand, IS enough. 
Voters in Pennsylvania have the opportunity to elect a U.S. Senator in November who is a 100% supporter of the state’s Marcellus shale industry: Dave McCormick. Will they? Or will PA voters re-elect Bob Casey for a third term—someone who voted with Joe Biden and his Big Green (anti-shale) agenda 98.5% of the time? A quote often attributed to Woody Allen is this: “Ninety percent of success in life is just showing up.” Dave McCormick showed up, IN PERSON, to deliver a talk at this week’s Shale Insight event in Erie, PA, showing his unreserved support for PA shale. Bob Casey was a no-show. Instead, Casey “mailed it in” by sending a prerecorded message to attendees, mouthing insincere words of support for the industry. Which one do you believe REALLY supports shale? It’s a no-brainer.