May NatGas Deliveries to US LNG Plants Lowest Since Last October
Feedgas, which is the gas that flows to LNG export facilities, hit the lowest levels it has seen since last October according to the U.S. Energy Information Administration. As we pointed out two weeks ago, natural gas prices are staying low because worldwide demand and prices for LNG is currently low (see Why Does NatGas Price Stay So Low with Falling Production?). Low prices will continue for the foreseeable future, with some 20 U.S. LNG export cargoes for June now canceled and another 45 for July rumored to be canceled.
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New York City and Long Island are starved for new sources of natural gas. Utility giant National Grid supplies all of Long Island with gas, including NYC’s Brooklyn and Queens. National Grid’s best option to supply growing customer demand was a new pipeline. That option is now closed, thanks to Andrew Cuomo (see 
New Jersey Natural Gas (NJNG) has been saying, for years, that unless that state wants to run out of natural gas, it needs to allow a couple of new pipelines to bring new sources into the state. NJNG is promoting two pipeline projects–the Southern Reliability Link project and the PennEast Pipeline. Southern Reliability is currently under construction while PennEast is mired in a court battle. Now it seems the state is finally waking up to the fact they will run out of gas in the next 10 years if they don’t do something. So they’ve launched a study to see whether or not they can block the pipeline projects.
NATIONAL: Icahn gets three seats on Occidental’s board; U.S. producers prove better swing supplier than previously thought; INTERNATIONAL: Pieridae to be listed on Toronto Stock Exchange; Offshore oil is on the brink of collapse; WoodMac: Global LNG demand heading into seasonal contraction.
The mighty Mariner East 2X (ME2X) pipeline project gets closer and closer to 100% completion, despite the efforts of anti-fossil fuelers to hassle and block the project. In a bit of news ignored by mainstream media, another 13-mile stretch of ME2X in southeastern PA between Chester and Delaware counties went online late last week.
MDN recently told you that EQT, the largest natural gas producer in the country, has shut-in roughly one-third of its regular natural gas production through the end of June (see 
In a transparent effort to buy local politicians and their votes against fracking, pipelines and for high carbon taxes, a California-based group linked to billionaire Tom Steyer has dumped almost $200,000 of “dark money” into Pennsylvania elections in the Delaware Valley (southeastern PA). Steyer is also attempting to buy candidates in Virginia, Nevada, Michigan, North Carolina and Oregon. In Chester County, Steyer is buying races for three radical Democrats in the upcoming primary…
The U.S. Court of Appeals for the Ninth Circuit (i.e. Cirus), located in California, has struck again. We previously told you about an Obamadroid judge in Montana who illegally blocked the use of the U.S. Army Corps of Engineers Nationwide Permit 12 for oil and natural gas pipelines (see 
Peregrine Energy Partners, headquartered in Dallas, Texas, continues a program to buy royalty rights in the Marcellus/Utica. In January 2019 we told you about Peregrine’s purchase of rights from undisclosed sellers in southwest PA (see 
On Wednesday the Pennsylvania Supreme Court heard oral arguments in a case challenging whether or not the state Attorney General’s office has the right to use a consumer protection law to prosecute companies like Chesapeake Energy and Anadarko over royalty payment shenanigans. The law the AG’s office wants to use has never been used that way before. According to legal experts, drillers are very concerned if the AG’s office wins this one, as we reported last November (see 
For the past month and a half, MDN has brought you rig count data from Enverus (formerly Drillinginfo) each Friday. Last Friday we reported the count had hit a new modern-day low, but that the Marcellus had gained back one of the seven rigs lost over a previous three week period (see 
A new so-called “study” published in the journal Science of The Total Environment claims it has uncovered a link between fracking chemicals in farm water and a rare birth defect in horses. The researchers say this study “could” serve as a warning about fracking and human infant health. Is this it? Were we wrong for the past 11 years about the safety of fracking? Is this THE END?