NYMEX NatGas Down 20% in Single Day on Freeport LNG Bad News
Freeport LNG provided an update yesterday to inform the public about what happened at its export facility just south of Galveston, Texas, situated on the Gulf Coast. Freeport said an “incident” occurred in pipe racks that support the transfer of LNG from the facility’s LNG storage tank area to the terminal’s dock facilities located on the intracoastal (i.e., north) side of Freeport LNG’s dock basin. None of the liquefaction trains, LNG storage tanks, dock facilities, or LNG process areas were impacted. Freeport originally said the facility would be back online in three weeks. That’s a pipe dream (pun intended). Yesterday Freeport revised their estimate to three months minimum before partial operations are back online. It will be the end of the year for full operations exporting all 2 Bcf/d are back online, according to Freeport.
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On Monday MDN brought you the news that West Virginia State Treasurer Riley Moore sent a letter to six big banks/investment firms alerting them they are about to be added to the state’s “blacklist” for violating policies by not investing or doing business with fossil fuel companies (see 
Southwestern Energy yesterday announced a multi-year, certified Responsibly Sourced Gas (RSG) sales agreement to the North American subsidiary of Uniper, one of Germany’s largest publicly listed energy supply companies. Uniper will use the RSG gas it buys from Southwestern to resell to its customers here in the U.S., as well as send some of it to LNG export facilities where it will find its way to other countries, primarily in Europe. The molecules for the RSG agreement will come from both the Marcellus/Utica and from Southwestern’s newest plaything–the Haynesville Shale.
In July 2018 Eagle LNG officially opened its Maxville, Florida (suburb of Jacksonville) liquefaction facility to first liquefy then transport LNG to Crowley’s new LNG bunkering facility at the Port of Jacksonville (Jaxport) where the LNG is used to fuel two Crowley LNG-powered ships designed to carry both containerized and roll-on/roll-off cargo (see 
In years gone by arrogant Europeans turned their noses up to American “fracked” LNG (see 
OTHER U.S. REGIONS: Stabenow’s out of touch quip about her electric car; NATIONAL: Oil falls on signs of more energy legislation; Biden sets Saudi visit; Continental gets take private proposal from Hamm; Oil and gas prices to rise across the board, Fitch says; INTERNATIONAL: IEA warns global oil supply could struggle to match demand in 2023; LNG tanker charter rates hit record highs as demand soars.
Last weekend the Pennsylvania Dept. of Environmental Protection (DEP) published a notice in the weekly (Saturday) edition of the Pennsylvania Bulletin to announce final guidance (i.e. regulations) on handling radioactive waste going to solid waste processing and disposal facilities from unconventional shale gas drilling operations and other sources. Last year MDN told you about a plan by the Wolf administration to require quarterly testing at landfills that accept shale drill cuttings (see 
Since 2013 anti-fossil fuel zealots–people with an irrational hatred of fossil fuels–have tried to ban drilling under (not on) public parks in Allegheny County, PA (near Pittsburgh). A small group of 100 radicals gathered outside the City-County building in downtown Pittsburgh last week to throw a collective temper tantrum, demanding Allegheny County Council ban any new drilling under county-owned parks (see 
Last week MDN told you about the June 8th explosion and fire at Freeport LNG located near Galveston, the second-largest LNG export terminal in the U.S. (see 
We’ve made no secret of the fact we don’t think the American Petroleum Institute (API), which is controlled by its Big Oil members (like Chevron and ExxonMobil), serves the best interests of the shale oil and gas industry. A few weeks ago we scolded API for its support of an oil and gas-killing carbon tax (see 
We spotted news that the country of Ukraine, under attack by Russia, has cut a deal (a memorandum of understanding) with Canada’s Symbio Infrastructure to import LNG and green hydrogen. Symbio is building a 10.5 million mt/year LNG export facility in Quebec and will export the LNG and H2 from there. Wait just a minute…Quebec (the province) recently passed a new law outlawing all oil and natural gas production throughout the province (see 
Last month MDN brought you the news that Joe Biden is renominating Richard “Dick” Glick to serve yet another undistinguished term at the Federal Energy Regulatory Commission (see