Data Centers Look to Natural Gas for Behind-the-Meter Power
Data center developers are turning to behind-the-meter natural gas generation as grid interconnection delays now exceed five years, making traditional utility connections commercially unworkable for AI-scale (hyperscale) facilities. Natural gas turbines and engines provide continuous, dispatchable baseload power that unreliable renewables cannot deliver at the required scale and reliability. However, this shift transforms data centers from energy consumers to energy producers, requiring sophisticated gas supply strategies including managing basis risk, securing firm pipeline transport capacity, evaluating supply reliability during site selection, and structuring contracts that accommodate volume growth. Read More “Data Centers Look to Natural Gas for Behind-the-Meter Power”
NATIONAL: U.S. natural gas futures inch down in steady trade; U.S. natural gas futures ease as LNG export flows hit four-month low; America’s data center build-out is falling way behind schedule; INTERNATIONAL: Crude gains as peace deal doubts grow; Tensions broil again as Iran hits US Mideast allies; Analysts tell OPEC+ that Hormuz disruption will last through year-end; Persian Gulf LNG exporters are adopting shadow-fleet tactics; Mark Carney broke up with America, but for some reason, he’s still parked outside. 
Pennsylvania families face rising electricity bills despite the state’s abundant energy resources. In an excellent op-ed, Bradford County Commissioner Doug McLinko explains that local utilities like Penelec and PECO don’t control electricity costs—they only deliver power. Prices are set by PJM Interconnection’s regional market, where costs are soaring as baseload power plants retire while demand from manufacturing, data centers, and AI surges. Pennsylvania produces massive natural gas from the Marcellus Shale but lacks sufficient modern power plants to convert it into electricity. 
In March 2024, the U.S. Securities and Exchange Commission (SEC), corrupted by the Bidenistas, voted 3-2 (three Democrats vs. two Republicans) to issue a final rule forcing all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face (see 
From the very first whisper of the rumor that Devon Energy was sniffing around a buyout and merger with Coterra Energy, we wondered, speculated, and worried about what such a merger would mean for Coterra’s considerable Marcellus assets in northeast Pennsylvania. From the outset, activist investor Kimmeridge (with a stake in both Coterra and Devon) has pressured Devon to consider selling the Marcellus assets (see 
The Pennsylvania Department of Environmental Protection issued an air quality permit on May 18, 2026, to MarkWest Liberty Midstream, authorizing the expansion of its Harmon Creek Natural Gas Processing Plant in Washington County. The MarkWest name is still used, although the company is now MPLX. The DEP permit approval allows the addition of a third cryogenic plant and a second de-ethanization plant. A number of Big Green groups colluded in an attempt to block the permits, but their demands were ignored. 
U.S. shale producers face limited ability to rapidly boost crude output because drilled-but-uncompleted wells, or DUCs, have fallen to record lows. DUCs can bring production online in six to nine weeks, faster and cheaper than drilling new wells, making them a key industry buffer during supply shocks. Since the U.S.-Israeli war on Iran disrupted Middle Eastern oil flows, U.S. exports and refinery runs have surged, drawing down crude inventories sharply. But years of DUC depletion have reduced shale’s flexibility. Operators are now adding rigs and completion crews, especially in the Permian, to rebuild inventories as higher future oil prices support new drilling. 
Last week, the combined Marcellus/Utica Baker Hughes rig count remained at 36 active rigs for the third week in a row. The M-U’s chief competitor, the Haynesville, maintained its count of 55 active rigs, operating 19 more than the M-U. The national count added 4 rigs last week, bringing the total to 562 rigs. That’s the sixth week in a row the national count has added rigs, driven by new oil-focused rigs. Baker Hughes said oil rigs rose by four to 429 last week, their highest since June 2025, while gas rigs held steady at 125 and other miscellaneous rigs held steady at 8.