Net Power Appoints New CFO One Year After Firing Previous CFO
Net Power, backed by the Rice brothers (of Rice Energy and EQT fame), is on a mission to develop and deploy technology to capture every carbon dioxide from natural gas-fired power plants. A year ago (April 2025), the company fired both its President and Chief Financial Officer (see Shakeup at Rice-Backed Net Power; President and CFO Both Out). CEO Danny Rice added both roles to his plate on a “temporary” basis. Temporary lasted a year. The company announced yesterday that it has finally appointed a new CFO. Read More “Net Power Appoints New CFO One Year After Firing Previous CFO”
Natural Allies for a Clean Energy Future
U.S. Secretary of the Interior Doug Burgum visited Lackawanna College yesterday to observe how students are trained for energy-focused careers in natural gas, petroleum, and robotics. He emphasized that these students will contribute to the growth of key industries, creating significant career opportunities. Burgum, joined by Congressmen Rob Bresnahan and Dan Meuser, commended the college’s programs and shale industry-donated equipment, highlighting their role in an American renaissance driven by energy, innovation, and manufacturing. He also discussed how data centers, or “AI manufacturing,” could utilize Pennsylvania’s Marcellus Shale natural gas to generate electricity, bringing economic benefits and lowered utility costs, drawing parallels to his experience in North Dakota. 
OTHER U.S. REGIONS: Consumers Energy breaks ground on Four Cities Metro Pipeline project; NATIONAL: U.S. natural gas futures settle lower on mild weather; Make movies or become a Wyoming oil man; INTERNATIONAL: Oil climbs but truce hopes cap gains; Iran threatens Gulf ports as Trump vows Hormuz blockade; Iran, US weigh fresh talks as Trump blockade underway. 
Last week was status quo for the rig count. The Marcellus/Utica combined count maintained the same number of 37 active rigs, the third week in a row after Pennsylvania lost two rigs in March (see 
Williams Companies is breaking ground tomorrow on the Northeast Supply Enhancement (NESE) pipeline in Brooklyn — the first new pipeline in New York in over a decade — signaling a broader national natural gas infrastructure boom. Driven by AI data center power demand, LNG export growth, and population expansion, the U.S. is tracking over 150 pipeline projects representing roughly 150 Bcf (billion cubic feet) of daily capacity. 
In March, South Carolina regulators approved Duke Energy’s proposal to build a 1.4-gigawatt (GW) natural gas-fired power plant in Anderson County, marking the utility’s first new generation project in the state in a decade (see 
Despite being the nation’s leading electricity exporter and a top producer of natural gas, nuclear power, and coal, Pennsylvania residents pay significantly more for electricity — 45% more per kilowatt-hour than in 2018. Why? Sleazy politicians blame “greedy” utility companies and AI data centers, even though the rise in electric prices predates the current data center boom. If you dig just a little, you will find the real answer: it’s due to the policies put in place by the same sleazy (Democrat) politicians who blame others. 
PJM Interconnection, the nation’s largest electric grid system serving 65 million people across 13 states and Washington, D.C., is pursuing an emergency plan to secure 15 gigawatts (GW) of new power supply to avert electricity shortages driven by surging data center demand tied to artificial intelligence (AI). The grid operator looks to pair proposed data centers with new generation through bilateral negotiations running from September to March 2027. Let’s make a deal! 
The Marcellus/Utica region received 22 new drilling permits last week, Mar. 30 – Apr. 5, up 3 from the 19 issued two weeks ago. Pennsylvania issued 6 of the permits. Ohio issued 8 new permits. West Virginia also issued 8 new permits last week. The drillers who received new permits last week included Ascent Resources, EOG Resources, EQT, Expand Energy, Jay-Bee Oil & Gas, and Laurel Mountain Energy. 
We believe this is the end of the legal road for the Briggs family’s lawsuit against Southwestern Energy (now part of Expand Energy) in a case that centers on whether hydraulic fracturing constitutes a trespass if it forces gas from a neighbor’s property, even if no fluid enters that neighbor’s specific property layer. In January 2020, the Pennsylvania Supreme Court ruled in favor of Southwestern, retaining the “rule of capture” in the Keystone State (see 
On February 2, 2026, Devon Energy and Coterra Energy announced a landmark $58 billion all-stock merger, creating a “Super-Independent” energy producer targeting the AI-driven surge in power demand (see 
Here’s something you don’t hear about often: A Democrat who supports fossil energy and pipelines. It’s especially noteworthy when the Democrat is the former head of the Democratic Party in Pennsylvania. In an eloquent guest editorial published in the Harrisburg Patriot-News, T.J. Rooney, former Chairman of the PA Democratic Party and a former member of the PA House, discusses (bemoans the fact) that it’s next to impossible to build a new natural gas pipeline in the Keystone State. He makes a full-throated plea for permitting reform to change that.