OGLMC Votes to Allow Fracking Under Ohio’s Salt Fork State Park
Yesterday, the Ohio Oil & Gas Land Management Commission (OGLMC) met in a public forum and voted to allow shale drilling under (not on top of) three different state-owned tracts of land: all 20,000 acres of Salt Fork State Park in Guernsey County, more than 300 acres of Valley Run Wildlife Area in Carroll County, and 66 acres of the Zepernick Wildlife Area in Columbiana County. In addition, commissioners voted against shale drilling under Wolf Run State Park. Approximately 100 anti-fossil fuel zealots were on hand at the meeting and nearly made the votes impossible with their prancing, chanting, and singing. They made horses rear ends of themselves by making the meeting miserable for everyone else.
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WhiteHawk Energy, headquartered in Philadelphia with ownership of mineral and royalty interests for 850,000 gross unit acres and over 2,500 producing horizontal shale wells between the Marcellus and the Haynesville, announced yesterday the acquisition of additional Marcellus Shale natural gas mineral and royalty assets for a total purchase price of $54 million. WhiteHawk owns mineral and royalty rights across nearly half a million M-U acres. The deal does not increase WhiteHawk’s total acreage but does increase the company’s percentage of ownership across that acreage.
It’s sad to see a major university like the University of Pittsburgh (Pitt) publish fake research to fit a political narrative that fracking can be tied to cancer in kids (see 
In 2019, when then-Pennsylvania Gov. Tom Wolf announced he would unilaterally force the state to join the Regional Greenhouse Gas Initiative (RGGI), a carbon tax scheme aimed at forcing coal- and gas-fired plants out of business, he claimed the tax would only amount to a few dollars per short ton of CO2 (see 
Last December, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see 
In August, MDN brought you the good news that the S&P (Standard & Poor’s) credit rating agency, called S&P Global Rating (the largest of the Big Three credit-rating agencies), had dumped its system of numerically ranking corporate borrowers on their ESG risk on a scale of 1 to 5 — just two years after implementing it (see 
INTERNATIONAL: LNG buyers in Asia look to resell supply; Cameron LNG expansion FID and LNG Canada startup in 2024.
Two weeks ago, Pennsylvania Gov. Josh Shapiro (liberal Democrat) launched, with much fanfare, 
For more than a decade, MDN has brought you stories about shale development on and under land controlled by the Muskingum Watershed Conservancy District (MWCD), an agency formed in 1933 to help control flooding and promote water conservation in the Muskingum River watershed area of Ohio, an area that covers 8,000 square miles (
Yesterday, MDN brought you the news that the North American Electric Reliability Corp. (NERC) is sounding the alarm that more than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of electricity during extreme cold again this winter (see 
Earlier this year, Sempra Infrastructure, a subsidiary of Sempra, announced it had reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas (see 
An innovative financial solutions company based in Houston, TX, called OneNexus, just announced a new “insurance” plan for drillers called WellSecure that will pay out money to plug an old oil or gas well when it hits end-of-life. WellSecure is the only insured financial contract that provides long-term financial security for the purpose of funding oil and gas decommissioning liabilities. No more worrying about whether a company will have enough money to plug old wells. With WellSecure, the money is (literally) in the bank!
A new study from the Texas Public Policy Foundation finds that the actual hidden costs of fueling an electric vehicle, which some allege equates to $1.21 per gallon of gas, is more like $17 per gallon — all things considered. In a new paper recently published called “Overcharged Expectations: Unmasking the True Costs of Electric Vehicles” (full copy below), the study’s authors argue that while the direct cost of “fueling up” to an EV owner may appear low, the real costs and considerations add up to be significantly more. The wheels are beginning to fall off EV cars.