Can U.S. Alone Meet Biden’s Call for Extra LNG Supplies to Europe?
Yesterday we reported on the Friday deal between the U.S. and the European Union to deliver more LNG to Europe (see U.S. & Europe Announce New LNG Deal – Very Light on Details). The U.S. all but guaranteed Europe would receive another 15 bcm (billion cubic meters) of natural gas. As we speculated, we think most of that additional gas will either come from redirecting existing U.S. cargoes to Europe, or it will come from other countries. But could the U.S. actually deliver all of that extra 15 bcm to Europe this year? The experts at RBN answer that question for us.
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Public company Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy less than a year ago, in May 2021, with a new board and new top management (see 
As we were researching background for our lead story today of a potential Gulfport Energy/Ascent Resources merger, we discovered we never reported on Gulport’s fourth quarter and full-year 2021 results. In 4Q21 Gulfport’s production was 1.07 billion cubic feet equivalent per day (Bcfe/d), virtually the same as 4Q20. Gulfport’s production numbers include both the Ohio Utica and the other play where Gulfport drills, the Oklahoma SCOOP. For the full year, Gulfport produced an even 1.0 Bcfe/d on average in 2021, versus 1.04 Bcfe/d in 2020–down just a tad.
The clown judges of the U.S. Court of Appeals for the Fourth Circuit (i.e. the 4th Circus) have done it again. Two weeks ago Mountain Valley Pipeline (MVP) asked the full court, all of the judges (called en banc) to rehear a couple of recent decisions by three of their clown members (see 
Because of constant court challenges, the Trump administration completed a redo of the U.S. Army Corps of Engineers Nationwide Permit 12 (NWP12), a general permit used in constructing pipelines, just prior to leaving office. From the beginning of the Biden administration, anti-fossil fuel fanatics have attacked NWP12, hoping they can cancel it or otherwise make it so onerous nobody will use it (see 
Depending on your news source, the Biden administration reached an agreement with the European Union last Friday for the U.S. to supply more LNG to the EU beginning this year. Other news sources say it will be next to impossible for the U.S. to ship any more LNG to the EU this year. Yet other news sources (leaning to the far left) point out the agreement actually talks about the EU figuring out ways to *decrease* their natural gas (and LNG) usage. So what, exactly, was the agreement reached last week?
Amtrak has a project underway to renovate and update its 30th Street Station in Philadelphia, PA. Amtrak cut a deal with Philadelphia Gas Works (PGW), the largest municipal-owned natural gas utility in the country, to switch and use onsite gas boilers at the renovated station for some (not all) of the heat. Anti-fossil fuel fanatics are predictably having a cow over the plan. The Philly-based Clean Air Council (CAC), funded with money from Big Green groups, is gearing up to fight the use of natural gas boilers.
Last Thursday 
The ongoing tiff between the Federal Energy Regulatory Commission (FERC) and Energy Transfer (ET) over a drilling mud spill in Ohio back in 2017 (five years ago!) has become a steamy, cheesy plotline for an episode of the TV series Dallas. We’re talking about the original Dallas series from the 1980s with Larry Hagman and storylines of “who’s jumping into bed with whom.” FERC is faulting ET for creating a company culture of drill and build fast that led to a contract worker adding diesel fuel to a stuck drill bit in an effort to work it free, fining the company a staggering $40 million for the presence of diesel in a drilling mud spill. ET says the diesel situation was the result of a rogue contract worker (a foreman) under pressure and distracted by rumors of another foreman sleeping with the wife of one of his workers. No, we’re not kidding. You can’t make this stuff up.
In what one industry watcher calls an “abrupt about-face,” yesterday all five Federal Energy Regulatory Commission (FERC) commissioners voted to pull back onerous new regulations to use global warming considerations when approving pipelines. Three Democrat FERC commissioners voted to adopt the new guidelines just one month ago (see 
The Iroquois Gas Transmission pipeline project called the Enhancement by Compression (ExC) increases horsepower at three compression stations–two in New York and one in Connecticut–by an extra 125 MMcf/d, flowing more Marcellus/Utica gas into New York City and New England (see 
Pennsylvania is the second-largest producer of natural gas in the country. A new poll from Pittsburgh Works Together, a coalition of business and labor groups in Western PA, says Pennsylvanians want to keep PA at the top of the natural gas heap. A poll conducted of 600 PA voters in February finds 73% strongly or somewhat supported the idea that Pennsylvania should ensure that natural gas remains a part of the state’s energy use. That is an overwhelming majority of PA citizens who think natural gas (and natural gas drilling) should continue in the Keystone State.