Weekly Shale Drilling Permits for PA, OH, WV: Sep 6-12
Last week Pennsylvania issued 18 permits for new shale well drilling scattered across the state. Ohio (for the eighth week in a row) did not issue any new shale permits. Are we missing something with Ohio? Are they late in updating their online database? West Virginia issued 2 permits for new shale well drilling last week.
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MARCELLUS/UTICA REGION: Utica Shale Academy looks to expand; NATIONAL: What’s made from a barrel of oil?; Record global gas prices signal more room for North American LNG; Sierra Energy Holdings launches with $500 million to buy minerals/royalties; Biden says climate change causing severe weather is ‘no longer subject to debate’; INTERNATIONAL: Asian spot LNG prices reach seasonal record; Energy prices in Europe hit records after wind stops blowing.

In April, on the last day of the West Virginia legislative session for 2021, the West Virginia Senate unanimously passed House Bill (HB) 2581 which changes how the State Tax Department values producing oil and gas wells for property tax purposes (see 
The Ohio River Valley Institute (ORVI) is a far-left, hyper-partisan, nonprofit organization that supports liberal Democrat causes. ORVI conducted a very slanted push poll in May asking Pennsylvania residents a plethora of questions about energy. The ultimate purpose was to smear fracking and drilling for natural gas. We spotted a media story hyping some of the results of the poll stating that a “Majority of Pa. residents want fracking to end.” Far-left organization, slanted poll. What’s new, right? Except when we began to dig into the questions and answers of this slanted poll, we discovered that headline is not truthful, leaving out the real news that a majority of PA residents still support fracking.
We are fast approaching the must-attend event of the year for the Marcellus/Utica:
In May MDN told you that Louisville Gas and Electric Company (LG&E) had won Kentucky state approval to build a new 12-inch, 12-mile pipeline near Louisville to supply gas to 62 homes and businesses that can’t connect to LG&E’s local natgas utility system (see
Some 130 energy, manufacturing, business, and labor trade organizations, led by the American Petroleum Institute, are sounding the alarm about Democrats’ plan to tax methane emissions into oblivion, a back-door way of attacking natural gas and forcing Americans to quit using it. The coalition of groups sent a letter to the U.S. Senate Committee on Environment and Public Works (headed by WV Sen. Joe Manchin) opposing a plan by Democrats to include the Methane Emissions Reduction Act of 2021 in the $3.5 trillion so-called budget reconciliation bill.
Europe has plenty of its own natural gas (and oil) that can readily be tapped–but they refuse to do so because they hew to the popular mythology that using fossil fuels is destroying the planet. Yet Europe must also face reality: Without burning fossil fuels, like natural gas, the continent will go dark and people will freeze to death this winter. What’s a psychotic continent and its “leaders” supposed to do? We’ll tell you what they are doing–they’re buying up LNG as fast as they can. They won’t make the natural gas themselves, but they’ll buy it from others, including the U.S.
Here’s a paradox for you that we can’t explain. Last week we reported the latest U.S. Energy Information Administration (EIA) Short-Term Energy Outlook (STEO) predicts natural gas production in the U.S. will hit an all-time high in 2022 (see
The Route 2 | I-68 Authority in West Virginia wants to expand Route 2 to four lanes from Parkersburg, WV to Chester, WV, and to extend Interstate 68 from I-79 near Morgantown, WV westward to WV Route 2 along the Ohio River Valley, some 73 miles (see