Experts Say NatGas Use in NY State Indispensable for Years to Come
New York politicians are so consumed with hatred of fossil fuels they are forcing residents to pay an average of $28,000 to convert their homes away from heating and cooking with natural gas, propane, and fuel oil (see NYers Will Pay Average $28K to Retrofit Homes for All-Electric). We’ve been raising the alarm, warning New Yorkers since 2019, when the state passed a draconian “energy” law, that residents will one day have to stop using fossil energy to heat and cook (see New York Pulls the Trigger, Commits Energy Suicide with New Law). That day arrived last December when a state commission approved plans to phase out fossil fuel-burning furnaces beginning as soon as 2025 as part of NY’s draconian (dystopian) program to address mythical “climate change” (see NY Bans Oil, NatGas, Propane Furnaces Beginning 2025 – Move Now!). People from the state’s energy industry, including utility companies, admitted there is no way in Hades the state can implement these draconian changes any time soon. At the NY Energy Summit, speaker after speaker made the case that natural gas “will likely remain indispensable” in the state “for years to come.”
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Yesterday the U.S. Environmental Protection Agency (EPA) announced new proposed federal vehicle emissions standards that will force Americans to give up driving gasoline and diesel-powered vehicles and instead switch to electric vehicles, which are much more expensive to buy. The Biden EPA said the new standards will “accelerate the ongoing transition to a clean vehicles future and tackle the climate crisis.” Which is total B.S. The Bidenistas intentionally use inflammatory language, calling EVs “clean” vehicles, as opposed to fossil energy vehicles which, by inference, are “dirty.” They also claim the new standards will tackle the “climate crisis”–perpetuating an unproven theory that mankind is causing the earth to catastrophically warm.
MARCELLUS/UTICA REGION: How energy & agriculture deliver for Pennsylvanians; OTHER U.S. REGIONS: Haynesville rig count crests as low gas prices bear down; NATIONAL: Will ChatGPT affect oil and gas jobs?; Oil climbs to 2023 high as supplies taper; Elon’s terrible, horrible, no good, very bad battery math; The expensive impossibility of green hydrogen from part-time wind and solar.
Yesterday MDN told you about the recently-filed application by the State of Pennsylvania to attract one of 6 to 10 so-called hydrogen hubs to the Keystone State (see 
In January, Ohio House Bill (HB) 507 became law with the signature of Gov. Mike DeWine (see 
Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Yesterday’s latest edition once again revises down the price EIA believes the Henry Hub will average for all of 2023. Last month’s STEO predicted an annual average of $3.02/MMBtu in 2023. This month’s STEO says the HH will average $2.94. Let’s add some color around that prediction.
We can’t resist a good railroad story. The American Shortline and Regional Railroad Association (ASLRRA) has just recognized the 
Using numbers from its recently published Annual Energy Outlook (AEO) for 2023, the U.S. Energy Information Administration (EIA) predicts natural gas production coming from oil-focused plays, called “associated gas,” will continue to grow for the next 30 years. EIA says associated gas will make up somewhere between 20% and 32% of all natural gas produced over that period of time. As oil drilling continues to expand, so too will associated gas production.
Some interesting insights from S&P Global Commodity Insights into how the world has changed. S&P’s analysts say the Russia-Ukraine war is in the process of “resetting” the energy sector, with natural gas turning into a global and interconnected market affected by events and dynamics far beyond its traditional physical scope. In fact, S&P says natural gas is now similar, to some extent, to what oil used to be for decades. We will explain.
Yeah, you read the headline correctly. Encino Energy offered the State of Ohio $1.8 BILLION (estimated) to drill for natural gas and oil under Salt Fork State Park, located in Guernsey County, OH. The park includes 17,229 acres of land and 2,952 acres of water. In December, Encino made an offer to the state immediately after House Bill (HB) 507 passed. The offer includes a payment of $5,500 per acre as a signing bonus and 20% royalties. No drilling would be done inside the park. All drilling would be done on land surrounding (on the outside of) the park.
One of two original “anchor” applicants in the billion-dollar hydrogen hub Hunger Games contest that was part of Pennsylvania’s application was Equinor (the Norwegian super major formerly known as Statoil). The Pittsburgh Business Times reports Equinor is now out and has been replaced by Mitsubishi Power, which (among other things) builds natural gas and hydrogen turbines to generate electricity. Why did Equinor leave? Is this proposal in trouble?
You knew it was only a matter of time. On March 1, the U.S. Fish and Wildlife Service (USFWS) issued a 297-page biological opinion of the Mountain Valley Pipeline’s (MVP) potential impact on threatened and endangered species if the 94% complete pipeline is allowed to finish (see