Midwest to See Lower NatGas Supplies This Winter – Can M-U Help?
S&P Global Platts published analysis last Friday looking at supply and demand for natural gas in the Midwestern region of the country. Platts says supplies to the region from places like the Bakken, Midcontinent (SCOOP/STACK), and Rockies will decrease this winter–by a lot. But then, demand in the region will decrease too, given the slumping economy because of the coronavirus pandemic. However, it looks to us like maybe there’s an opportunity for Marcellus/Utica gas, which travels to the Midwest via several pipelines, to make up the difference between supply and demand. The region will still need more gas than supplies available.
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MARCELLUS/UTICA REGION: The greatest story Pennsylvanians were never told; OTHER U.S. REGIONS: Nearly 25% of US Gulf oil and gas volumes offline as Hurricane Sally nears; Colorado regulators pursue pseudo fracking ban, understanding the impacts; INTERNATIONAL: Why Nord Stream 2 is back in the spotlight.
Last week MDN told you that Enbridge had begun testing its Weymouth, Massachusetts compressor station project, the final piece of the company’s $452 million Atlantic Bridge expansion project (see 
Sounding downright nasty and mean, the Pennsylvania Dept. of Environmental Protection (DEP) Secretary Pat McDonnell has ordered Sunoco Logistics Partners (Energy Transfer) to reroute part of the Mariner East 2X pipeline around Marsh Creek Lake State Park, following a spill of nontoxic drilling mud that ended up in Marsh Creek Lake in Chester County. McDonnell uses combative and incendiary words like Sunoco “blatantly disregarded the citizens” of Chester County, has been “careless” and is guilty of “unlawful actions.” In a rather uppity tone, McDonnell says he will “not stand for more of the same” and he is “demanding a proper cleanup” of the site. Sunoco has been working diligently to clean up the spill since it happened.
Bad news for leftists Joe Biden and Kamala Harris: A majority of registered voters in their own party support using natural gas as an energy source, according to a new independent, national poll. No wonder both Biden AND Harris are furiously backpedaling (i.e. lying) about their views on fracking. They risk losing PA, OH, and other states where fracking is a big deal.
Amid all the prattling about so-called renewable energy and how renewables are taking over the world and everyone should just dump using fossil fuels right now because renewable nirvana is here…comes this splash of cold, hard truth. The U.S. Energy Information Administration (EIA) has run the numbers and found that in 2019, like in years past, the vast majority of the energy used by Americans comes from fossil fuels. Some 80% of all the energy we consumed in this country last year came from fossil fuels. Renewables? A minuscule fraction.
In mid-May the nation’s largest natural gas producer, EQT Corporation, temporarily shut-in (curtailed) roughly one-third of its natural gas production in Pennsylvania and Ohio (see 
We suppose we shouldn’t be surprised, but we’re frustrated nonetheless that the Delaware River Basin Commission (DRBC) has caved to extremist pressure and voted to reverse (at least for now) a permit it previously granted to New Fortress Energy to build a dock in the Delaware River that would allow LNG tanker ships to tie up and load up on Marcellus LNG transported from northeastern PA. The radicals of the far-left THE Delaware Riverkeeper pressured (i.e. bullied) DRBC members to block the project–because Riverkeeper irrationally hates fossil fuels. Riverkeeper compromised three of the five DRBC voting members–New York, New Jersey, and Delaware.
Pin Oak Midstream, a subsidiary of Pin Oak Energy Partners, a relatively young Marcellus/Utica driller based in Akron, OH, has purchased most of the pipeline assets of Laurel Mountain Midstream for an undisclosed amount. The assets include 1,050 miles of natural gas-gathering pipelines and five compressor stations located in three Pennsylvania counties.
If you live in New York City, Boston, or anywhere in the states of New Jersey, Massachusetts, Connecticut, Rhode Island, or New Hampshire, brace yourselves to pay much higher prices for your natural gas this winter. That’s according to an analysis by S&P Global Platts. Right now the forward strip prices at key trading hubs in those locations show prices for natural gas in the range of $6.00-$6.63 per thousand cubic feet (Mcf), about twice the price of last winter.
In Lansing, NY, just outside of Planet Ithaca in Tompkins County, the local utility company, NYSEG, wanted to build a short pipeline in 2017 to supply new customers with natural gas, but was blocked by crazies who irrationally hate fossil fuels (see 
The Consumer Energy Alliance (CEA) released an important new study yesterday. Titled “How Pipelines Can Spur Immediate Post-COVID Economic Recovery,” the new study finds delays, obstruction, and cancellation of pipeline infrastructure projects are threatening at least $13.6 billion in economic activity, over 66,000 jobs, and more than $280 million a year in state and local tax revenue at a time when America’s financial recovery from COVID-19 requires MORE investment and tax revenue. A section of the report finds anti-pipeline fanatics in NY, NJ, and PA threaten $3.5 billion worth of investments and 17,000 jobs in our region alone.
Most political analysts believe this year’s presidential election may come down to one or two states–namely Pennsylvania and Ohio. If Biden can win in those two states, he stands a good chance of winning the election (an absolute nightmare!). But here’s what you don’t hear from mainstream media: the election may well turn on the issue of shale fracking. Counties in PA and OH, like Washington County in southwestern PA, are likely where the race will be won or lost. It’s not looking good for old ban-fracking Joe.