Biden Turns Down Invitation to Speak Virtually at Shale Insight

Now you know what Joe Biden really thinks about fracking and whether or not he plans to ban it. Up until Monday of this week, the Biden campaign toyed with the Marcellus Shale Coalition, negotiating to have Biden present to virtual attendees of MSC’s annual Shale Insight event. Then on Monday the Biden campaign pulled the plug and said NO. Must be threats from the radicals convinced Uncle Joe’s handlers to finally openly admit their bias against fossil fuels.
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MARCELLUS/UTICA REGION: Marcellus Shale gas benefits touted by panelists; OTHER U.S. REGIONS: Blackstone completes $7 billion Cheniere partnership stake sale; Natural gas company to provide $10M in grants to nonprofits; The crown jewel of the shale patch braces for a Biden ban; California assemblyman says state’s push for electric vehicles fuels ‘environmental racism’; NATIONAL: US LNG export activity recovers after storm moves away from Gulf Coast; INTERNATIONAL: China lies and pursues coal strategy as naive enviros buy the hype; ConocoPhillips sees global oil demand returning, executive says; Are small scale plants the future for LNG?; Greta Thunberg and youth climate protests make a return.
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.
Last week Ohio finally broke the drought of not issuing permits for new shale wells in the Buckeye State. Finally! Last week Pennsylvania issued 13 new permits for wells on three well pads. Ohio issued 4 new permits for wells on two well pads. And West Virginia issued 1 new permit.
On Sept. 10, a day after a meeting of the West Virginia Economic Development Authority meeting, we reported (based on media reports) that the Authority had voted to approve a $5.5 million loan guarantee for a proposed new shale gas-fired power plant planned for Brooke County, WV (see
Williams’ Atlantic Sunrise Pipeline, a 200-mile greenfield pipeline from northeastern to southeastern PA where it joins the Transco Pipeline, went online in October 2018 (see
Yesterday the Pennsylvania Dept. of Environmental Protection (DEP) issued modified permits for the Mariner East 2 pipeline project in three southeast PA locations (Delaware and Chester counties). Each location has faced problems with underground horizontal directional drilling (HDD). The modifications allow a different type of installation method to be used–open trench.