PA Gov Wolf Vetoes Bill Giving Citizens Say in Carbon Tax Scheme
Last week the extremely unpopular Pennsylvania Governor, Tom Wolf, vetoed a bill that would have given all citizens in the Keystone State, via their elected representatives in the state legislature, a say in whether or not the state should join the Regional Greenhouse Gas Initiative (RGGI). RGGI is a huge new $2.4 billion tax on coal and gas-fired power plants that will drive up the cost of electricity dramatically across the state.
Read More “PA Gov Wolf Vetoes Bill Giving Citizens Say in Carbon Tax Scheme”
MARCELLUS/UTICA REGION: POGLA Wyoming County meeting tonight – Sept. 28; Under President Trump, America is energy independent; Ohio farmers need natural gas now and in the future; OTHER U.S. REGIONS: Cheniere Energy made big financial moves in September; Gavin Newsom’s energy hubris relates directly to “peak oil” predictions; NATIONAL: Devon Energy, WPX in talks to merge; Natural gas will rule the us energy market for decades; AEA supports U.S. Supreme Court nominee Amy Coney Barrett; Q&A with Harold Hamm on prices, politics, swing producers; INTERNATIONAL: Oil heavyweights Saudi Arabia and Russia look ready for a showdown.
Two days ago MDN brought you news that natural gas prices in the Marcellus/Utica region are about to get really ugly, at least for the next couple of months (see 
Last week Enbridge asked the Federal Energy Regulatory Commission (FERC) for permission to bring its Weymouth, Massachusetts compressor station online by Oct. 1 (see 
Unrepentant. That’s the best single word we can think of describing the attitude of “leaders” in Grant Township (Indiana County, PA) who illegally passed their own set of environmental laws, violating the PA state constitution, in a bid to prevent a safe saltwater injection well from being built in a rural location in the town. Grant continues to use radicalized lawyers in their lawbreaking bid to prevent the well.
In September 2018, MDN brought you the news that six men had been charged with conspiring to illegally alter emissions systems on 30+ trucks with heavy-duty diesel engines, trucks used to haul water and wastewater to and from Marcellus Shale wells (see 
Once upon a time, FTS International was the largest private (not publicly traded stock) well completion (fracking) company in North America. In 2017 the company went public (see 
Time for our weekly check of the rig count. We like to check the Enverus count because we believe it’s more accurate than the Baker Hughes count. According to S&P’s analysis, the Enverus rig count climbed by a big 15 for the week ending Sept. 23 to hit a nine-week high of 308 active rigs. That’s the biggest one-week gain since the current price war/coronavirus downturn.
Earlier this week we brought you a post exploring whether or not PTT Global Chemical will, in the end, actually build a $10 billion ethane cracker plant in Belmont County, Ohio (see 
On Tuesday Equitrans Midstream sent the Federal Energy Regulatory Commission (FERC) an official letter (called a filing) politely requesting FERC get off its collective rear end and grant permission to resume construction activities for Mountain Valley Pipeline (MVP) so they can complete certain kinds of work before winter sets in. Equitrans requested an order allowing work to resume no later than…tomorrow!
S&P Global analysts have been looking at natural gas production numbers for Pennsylvania. The most recently available data is from June (numbers are always delayed a few months). S&P found that shale gas production in PA dropped 2% in June from May, to 18.48 Bcf/d. June’s numbers were essentially flat to the same time in 2019.
Analysts at S&P Global are making a bold prediction: It will take a full ten years for the world to recover from the coronavirus and begin growing its demand for natural gas once again. Something about the prediction just seems “off” to us.
Each quarter the Dallas Federal Reserve conducts a survey of 150-200 oil and gas firms located or headquartered in the Eleventh District–Texas, southern New Mexico, and northern Louisiana. The energy company executives surveyed run companies that operate regionally, nationally, and some even internationally. The Dallas Fed released its latest quarterly Energy Survey results yesterday. We have a full copy below.
Bet you never thought you’d read about (or watch) a Justin Bieber video on MDN. We never thought we would write about or feature Bieber’s music. But then we watched a video of his newest song called Holy, a video that’s been watched (so far) over 32 million times since it was released to Youtube on Sunday! In the video Bieber plays the part of an oilfield worker who gets laid off. It’s poignant. Frankly, it brought tears to our eyes.