OOGEEP: Next Round of $1K Scholarships for O&G Students in Ohio
The Ohio Oil and Gas Energy Education Program (OOGEEP) and the Ohio Oil and Gas Energy Education Foundation announced the latest round of scholarship applications for 2022 are being accepted now through March 1st. Scholarships are awarded to students interested in pursuing careers in the natural gas and oil industry, such as petroleum engineer, finance, equipment operator, mechanical engineer, welder, and many more. Each scholarship is for $1,000.
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MARCELLUS/UTICA REGION: Hochul calls for ban on natural gas in new buildings; NATIONAL: US weekly LNG exports go up maintaining 2021 trend; Will the energy transition really chip away at oil demand?; Company turning natgas into hydrogen gets federal $1B loan; EOG breaks with industry, plans growth – will Wall Street reward them?; Biden administration does have a magic wand for energy prices; INTERNATIONAL: Gas prices surge again in Europe, business owners ‘terrified’ for the future; Gas gap in Europe drives U.S. LNG exports to record high.
Since early 2015 (seven years ago!) we’ve been tracking stories about various proposals to build Marcellus gas-fired power plants in the Mountain State (see 
In December a jury in Ritchie County, WV awarded the county’s Economic Development Authority (EDA) nearly $1 million in damages in a trespassing case. The case is complicated, but at its heart is the issue of a Marcellus-focused company, Ronald Lane Inc., and land Lane deeded to the local EDA. A lawsuit against Lane alleged the company leased the deeded land for “oil and gas purposes” (to Columbia Gas as a heavy equipment storage facility) and that Lane never told the EDA about the lease nor shared the profits received from that lease.
The Biden-controlled Federal Energy Regulatory Commission (FERC) has rubber-stamped a request by regional electric grid operater ISO New England to cancel a contract with the proposed Killingly Energy Center, a 650-megawatt, gas-fired plant slated to be built in eastern Connecticut. FERC effectively killed Killingly. ISO New England said Killingly would not get built in time to fulfill a previous power agreement it had signed. The reason for the delays? Vicious attacks by anti-fossil fuel fanatics, particularly the odious nutters of the Sierra Club. It’s quite a game antis run. They slow down and delay a project with multiple frivolous lawsuits, then get it canceled because it’s slowed down and delayed.
We hope the current and future teachers who get a pension from the New York State Teachers’ Retirement System enjoy getting less money in their golden years. Pension payments for teachers are about to go DOWN because the people managing their retirement investments have decided to divest from fossil fuel companies. Translation: The Retirement System portfolio will take a major financial hit (i.e. won’t be as profitable). The Retirement System is about to flush pension money right down the toilet.
Five Chinese researchers recently published a study in Springer’s Environmental Science and Pollution Research International journal that claims to have identified environmental and health threats in unconventional oil and gas by analyzing old compliance reports from the Pennsylvania Dept. of Environmental Protection. The study claims to have found problems with erosion and sedimentation issues and with water pollution issues. Their conclusion is that PA fines aren’t high enough to change the bad behavior of shale drillers.
Last September UGI Corporation, one of Pennsylvania’s largest natural gas utility companies, completed a deal to buy Mountaineer Gas Company, one of West Virginia’s largest natural gas utility companies, for $540 million (see 
We’re not sure why this story is not the top story on all of the state and national news networks. Using the threat of withholding public money, Pennsylvania Gov. Tom Wolf outright extorted Democrat members of the PA legislature to support his odious carbon tax plan, otherwise known as the Regional Greenhouse Gas Initiative (RGGI). Before a key vote last month in the PA Legislature, Wolf offered a quid pro quo: Democrat legislators either support RGGI or Wolf will withhold approval for state funding for local projects in their districts. Why are there no investigations and demands for jail time?
Two subsidiaries of Connecticut hedge fund Kensico Capital Management filed a lawsuit against EQT on December 28 alleging EQT committed securities fraud during its $6.7 billion acquisition and merger with Rice Energy in 2017. The suit was filed by Saxena White PA on behalf of Kensico Associates and Kensico Offshore Fund Master Ltd. Kensico is not the first large investor to sue EQT over the 2017 merger (see 
After going all the way to the U.S. Supreme Court and winning, PennEast Pipeline, a 120-mile, primarily 36-inch pipeline that would have cost $1 billion to build and run from Dallas, Luzerne County, in northeastern Pennsylvania, and terminate at Transco’s pipeline interconnection near Pennington, Mercer County, New Jersey, threw in the towel last September (see 
In June 2020 the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA), in coordination with the Federal Railroad Administration (FRA), published final rules to allow LNG (liquefied natural gas) to be safely transported by special rail cars (see 