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Marcellus Drilling News
  • Hydrogen | Industrywide Issues | Regulation

    DOE Hydrogen Hub Funding Goes from $2B to Less Than $1B Each

    September 26, 2022September 26, 2022

    Secretary of Energy Jennifer Granholm attended a gathering of leftist nutballs (she was in good company) in Pittsburgh on Friday at the so-called Global Clean Energy Action Forum to announce the Dept. of Energy (DOE) has finally gotten off its rear-end and has officially opened the application process for states and regions and even private entities to lobby her in an attempt to attract a regional hydrogen hub. The Biden infrastructure bill, signed into law last November, was originally said to be funding $8 billion for “four” regional hydrogen hubs, with each hub getting roughly $2 billion (see Biden So-Called $1.2T Infrastructure Bill Passes Thanks to RINOs). On Friday, Granholm changed the rules of the game, saying $7 billion will be allocated for “at least six,” and maybe as many as 10 regional hydrogen hubs.
    Read More “DOE Hydrogen Hub Funding Goes from $2B to Less Than $1B Each”

  • Hydrogen | Industrywide Issues | Pennsylvania | Statewide PA

    TeamPA Issues Roadmap for How PA Can Attract Hydrogen Hub

    September 26, 2022September 26, 2022

    As we mention in today’s lead article, the Dept. of Energy (DOE) has launched the official application process for states (and coalitions and even private companies) to petition the DOE for a share in a $7 billion jackpot to build a hydrogen hub (see DOE Hydrogen Hub Funding Goes from $2B to Less Than $1B Each). On Friday, the day the DOE made its big public announcement in Pittsburgh, the partisans at Team Pennsylvania Foundation (TeamPA), co-chaired by PA Gov. Tom Wolf, announced the publication of a new report, “Successful Deployment of Carbon Management and Hydrogen Economies in the Commonwealth of Pennsylvania” (full copy below). The report has some interesting things to say about how PA can attract one of the hydrogen hub projects.
    Read More “TeamPA Issues Roadmap for How PA Can Attract Hydrogen Hub”

  • Industrywide Issues | Pennsylvania | Pipelines | Regulation | Statewide PA

    PA Republicans Cave to Wolf, Appoint 2 Dem Politicos to PUC

    September 26, 2022September 26, 2022

    Republicans in the Pennsylvania Senate have, since April 2021, refused to appoint new members to the five-member Public Utility Commission in response to Democrat Gov. Tom Wolf’s unilateral push to force the state to join the Regional Greenhouse Gas Initiative (RGGI) carbon tax scheme (see Ultimatum to PA Gov: Withdraw RGGI Carbon Tax or No New PUC Appts). With the upcoming election and political “horse trading,” Republicans have caved, reappointing one sitting Republican and appointing two new Democrat members–both political insiders–to fill out three open seats on the PUC. Yes, the decisions made by the PUC impact the Marcellus/Utica (particularly pipelines). Consequently, any changes in the board makeup are of concern.
    Read More “PA Republicans Cave to Wolf, Appoint 2 Dem Politicos to PUC”

  • Alternative Energy | Industrywide Issues | Pipelines | Regulation | Statewide WV | West Virginia

    Manchin Tries to Sell Permitting Bill to Lefties at Pittsburgh Event

    September 26, 2022September 26, 2022

    U.S. Senator Joe Manchin, from West Virginia, made a stop at the Global Clean Energy Action Forum (a confab of global warming wackos) on Friday to make a pitch for support of his “save Mountain Valley Pipeline” bill without actually mentioning MVP. At the start of his talk, Manchin was heckled by four wackadoodle protesters who were escorted out by security. Manchin then talked about his bill and how it will streamline the process for renewable energy projects. No mention of fossil fuel projects. Love the one you’re with, right?
    Read More “Manchin Tries to Sell Permitting Bill to Lefties at Pittsburgh Event”

  • Industrywide Issues | Pipelines | Regulation

    Bidenistas Launch Effort to Attack O&G via New EPA Woke Office

    September 26, 2022September 26, 2022

    The term “woke” is thrown around a lot these days. The left introduces race and alleged racism wherever it can as a bludgeon to justify stripping away more of your Constitutional freedoms. Woke means everything and everyone is racist. The Biden Environmental Protection Agency (EPA) has just launched a new “Office of Environmental Justice and External Civil Rights” (“woke office”) that will try to paint any new pipeline, any new compressor station, any new fossil energy infrastructure project of any kind as racist and therefore should not get built.
    Read More “Bidenistas Launch Effort to Attack O&G via New EPA Woke Office”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues | Litigation | Processing Plants

    Mike Bloomberg Spends $85M to Stop Petchem Plants in M-U, Gulf Coast

    September 26, 2022September 26, 2022
    Mike Bloomberg

    It is a breathtaking abuse of power. Michael Bloomberg, the far-left billionaire who ran out of things to do and now looks for meaning in his life by hiring lawyers to attack the fossil energy industry, is spending $85 million to fund green groups in their efforts to block new petrochemical plants in both the Marcellus/Utica and along the Gulf Coast.
    Read More “Mike Bloomberg Spends $85M to Stop Petchem Plants in M-U, Gulf Coast”

  • Commodity Price | Industrywide Issues

    Drop in Temps Leads to Drop in Henry Hub NYMEX Price

    September 26, 2022September 26, 2022

    The price for the “front month” NYMEX natural gas contract, which trades based on the spot price of gas at the Henry Hub in southern Louisiana, dropped again on Friday–closing at $6.83/MMBtu. Most predictions we’ve seen say that natural gas will average much higher both this year and next–in the $9 or $10 range. So why is the price dipping right now, and will it stay low?
    Read More “Drop in Temps Leads to Drop in Henry Hub NYMEX Price”

  • Best of the Rest

    Other Stories of Interest: Mon, Sep 26, 2022

    September 26, 2022September 26, 2022

    OTHER U.S. REGIONS: California looking to ban natural gas furnaces, heaters by 2030; Louisiana gas pipeline projects key to unlocking more U.S. LNG exports; NATIONAL: Oil posts longest run of weekly losses this year; Why top banks are betting oil will stage a recovery; Diverse strategies for oil and gas energy transition; Phaseout of oil cars show contempt for rural America and developing world; INTERNATIONAL: Global climate change protests demand compensation ahead of COP27; Liz Truss, we support fracking too – that’s why we know it can’t work for Britain.
    Read More “Other Stories of Interest: Mon, Sep 26, 2022”

  • Allegheny County | Hydrogen | Industrywide Issues | Pennsylvania

    Peoples Gas & Pitt Team Up to Test Hydrogen/NatGas Mix

    September 23, 2022September 23, 2022

    The natural gas industry is apparently not satisfied with being in the natural gas business anymore. Increasingly, local distribution companies (LDCs, or utilities) are investigating, and in some cases experimenting with, introducing highly explosive hydrogen into the natural gas stream they flow to homes and businesses. Peoples Gas in Pittsburgh is teaming up with the University of Pittsburgh (Pitt) to figure out how to mix hydrogen with the natural gas it serves to its customers in Pennsylvania and beyond.
    Read More “Peoples Gas & Pitt Team Up to Test Hydrogen/NatGas Mix”

  • Allegheny County | Anti-Drilling/Fossil Fuel | Hydrogen | Industrywide Issues | Pennsylvania

    Leftists Bash Hydrogen Derived from NatGas at Pittsburgh Confab

    September 23, 2022September 23, 2022
    Lurch (i.e. John Kerry) address Global Clean Energy Action Forum (credit: Reid R. Frazier/StateImpact Pennsylvania)

    We’re sure glad we are not in Pittsburgh this week with all of the preening, arrogant leftists who pretend to know more than you do about what energy sources you should be using. We’re talking about the so-called Global Clean Energy Action Forum taking place in Pittsburgh this week. Leftist tyrants like John Kerry are lecturing everyone on the virtues of dumping fossil energy–after the hypocritical Kerry arrived in a private jet powered by fossil energy, and rode to the conference in an automobile powered by fossil energy. Abstaining from fossil energy is good for thee but not for me. Hydrogen as Savior is one of the themes at the conference. However, the radicals from Ohio River Valley Institute (and others) are warning conferees that hydrogen derived from natural gas (95% of hydrogen comes from natgas according to the Dept. of Energy) is the road to hell.
    Read More “Leftists Bash Hydrogen Derived from NatGas at Pittsburgh Confab”

  • Economic Impact | Industrywide Issues | Jefferson County (OH) | Jobs | Ohio | Statewide OH | Supply Chain

    Shale POWER Workshop Educates Ohio Manufacturers re Opportunities

    September 23, 2022September 23, 2022

    On Monday, local business leaders in Jefferson County, OH, were treated to an update on the Utica Shale and how local manufacturers can benefit from the growth in the shale industry. According to Robert Naylor, executive director for the Jefferson County Port Authority, “the (purpose) of the workshop was to stress or demonstrate how the business community — vendors and manufacturers — could enter the energy supply chain to create jobs, workforce development and overall economic game for our region.” Two powerhouse speakers from Shale POWER, Katie Klaber and Matt Henderson, educated local business leaders.
    Read More “Shale POWER Workshop Educates Ohio Manufacturers re Opportunities”

  • ESG | Industrywide Issues

    Dark Side of ESG – Huge Losses for Investors, High/Regressive Taxes

    September 23, 2022September 23, 2022

    We have a growing unease about ESG, or “environmental, social, governance” efforts that are popping up like dandelions in springtime. We’ve spoken about this before. While we applaud the efforts by Marcellus/Utica drillers and pipeline companies (and others in the M-U supply chain) to ensure their businesses are responsible stewards of Mom Earth. Slapping an ESG label on those efforts (as M-U companies tend to do) is NOT what the environmental left is talking about when they use the same term. We see a number of ESG-related stories as we scan the news each day. Over the past few months, we’ve seen an increase in stories questioning so-called ESG efforts being forced on us by the left. We have several recent stories that plumb the depths of how ESG (as defined by the left) is bad for the U.S.
    Read More “Dark Side of ESG – Huge Losses for Investors, High/Regressive Taxes”

  • Anti-Drilling/Fossil Fuel | Industrywide Issues

    Column: Environmentalism Is a Fundamentalist Religion

    September 23, 2022September 23, 2022

    An opinion column appearing in (of all places) Newsweek, a profoundly liberal publication, appears under the headline, “Environmentalism Is a Fundamentalist Religion.” That sure caught our attention! Written by Joel Kotkin, Presidential Fellow in Urban Futures at Chapman University, the column assumes that man-made global warming is happening (something we do not assume). But even operating with that assumption, Kotkin says what’s needed to combat so-called climate change is a “pragmatic approach based on adapting to real and verifiable dangers.” He goes on to say the left’s “war” against climate change is doomed to make things worse for most people. Kotkin is one of the few on the left who is refreshingly honest!
    Read More “Column: Environmentalism Is a Fundamentalist Religion”

  • CNG/LNG | Exporting | Industrywide Issues

    Tellurian Driftwood LNG Project in Trouble? Cancels $1B Bond

    September 23, 2022September 23, 2022
    click for larger version

    Tellurian Inc., the company behind the plan to build a $13 billion LNG export facility in Lake Charles, Louisiana, withdrew a $1 billion high-yield bond sale earlier this week, leaving the future of its U.S. natural gas export project in limbo. Tellurian’s stock price fell more than 24% on the news. A day after the announcement, Tellurian Executive Chairman Charif Souki made a Youtube video to talk about where things go from here with respect to the company’s Driftwood LNG export project.
    Read More “Tellurian Driftwood LNG Project in Trouble? Cancels $1B Bond”

  • Ascent Resources | Clearfield County | Coterra Energy (Cabot O&G) | Energy Companies | Guernsey County | Gulfport Energy | Indiana County | Marshall County | Monroe County | Ohio | Ohio County | Pennsylvania | Pennsylvania General Energy | Seneca Resources | Southwestern Energy | Susquehanna County | Tioga County (PA) | Weekly Permits | West Virginia | XTO

    21 New Shale Well Permits Issued for PA-OH-WV Sep 12-18

    September 23, 2022September 23, 2022

    Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 21 new drilling permits, down from the 30 permits issued the week before, and down from the 40 permits issued the week before that. The trend is not our friend right now. PA issued 13 permits, and OH and WV issued four permits each.
    Read More “21 New Shale Well Permits Issued for PA-OH-WV Sep 12-18”

  • Best of the Rest

    Other Stories of Interest: Fri, Sep 23, 2022

    September 23, 2022September 23, 2022

    MARCELLUS/UTICA REGION: GO-WV leader recognized as first female WV O&G Person of the Year; NATIONAL: U.S. weekly export amounts to 21 LNG carriers; INTERNATIONAL: Britain seeks USA gas deals; Increase in Suez Canal transit fees unlikely to impact LNG trade flows.
    Read More “Other Stories of Interest: Fri, Sep 23, 2022”

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