Dominion South, Tennessee Pipe Zn 4 Gas Prices Hit New 1-Yr Highs
The spot price of natural gas selling at the benchmark Henry Hub in southern Louisiana has been creeping up ever so gradually, but it’s still nothing to write home about (closed at $2.75 yesterday). However, the spot price at two of our favorite M-U locations to track–Dominion South (in southwestern PA) and Tennessee Gas Zone 4 Marcellus (in northeast PA)–have rocketed in the past month, closing yesterday at their highest levels in more than a year.
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Dan Billman, a consulting geologist and president of Billman Geologic Consultants, has 32 years of experience in the Appalachian Basin. Billman says there is a “war for porosity” happening in the Marcellus/Utica region, by which he means a critical shortage of underground storage for methane and natural gas liquids.
The very first cargo of LNG to transit the expanded Panama Canal happened in July 2016 (see 
Two of three M-U drilling states received permits last week. Pennsylvania scored 10 permits to drill new shale wells. Ohio received 2 permits for Utica wells. West Virginia received no new permits to drill new shale wells.
MARCELLUS/UTICA REGION: EQT Foundation 2020 giving total exceeds $3.5M; OTHER U.S. REGIONS: Berkeley to consider ending sale of most gas, diesel vehicles; NATIONAL: Nuclear and coal will account for majority of U.S. generating capacity retirements in 2021; U.S. natural gas benchmark price possibly climbing to $3.50 amid robust LNG demand; Analysts expect US natural gas in storage to decline 123 Bcf; INTERNATIONAL: Japanese spot LNG price highest since December 2018; U.S. tells European companies they face sanctions risk on Nord Stream 2 pipeline.
In a brilliant move aimed at boxing in the Delaware River Basin Commission (DRBC), two northeastern Pennsylvania State Senators–Gene Yaw and Lisa Baker–along with members of the PA Senate Republican Caucus, filed a lawsuit yesterday against the DRBC, accusing the quasi-governmental agency of “taking” the property rights of PA residents without just compensation under the law.
If you recall, the COVID-19 coronavirus pandemic wasn’t really “a thing” (here in the U.S.) until mid-March 2020. That’s when all hell broke loose and the country shut down. Prior to that, natural gas demand was steadily rising and hitting all-time highs (see 
The 
The Community College of Beaver County’s (CCBC) Shell Center for Process Technology, a $5 million state-of-the-art training facility, has just officially opened. While the Center was built to train employees to run the Shell ethane cracker plant, it’s also training people for a myriad of other opportunities too.
Not a day that goes by without a story in Big Media announcing another municipality has passed (or is considering passing) a law/regulation prohibiting new homes and businesses from using natural gas for heating, cooking, etc. The proffered solution by these foolish dunderheads is that new structures must use electric for heat. Eventually (like here in New York by 2050), not only new structures but existing homes and businesses will have to convert to all-electric too (see 
Last June New Jersey Attorney General Gurbir Grewal filed a brief with the U.S. Supreme Court asking the court to not even consider hearing a case involving PennEast Pipeline (see