New York Residents Must Dump Oil & Gas Furnaces by 2050
This is no joke. It’s not an “Onion” piece where we’re trying to fool you. In June the New York State legislature passed a horrific “energy” bill that was later signed into law by Gov. Andrew Cuomo (see New York Pulls the Trigger, Commits Energy Suicide with New Law). The new law limits carbon dioxide emissions to zero (an impossibility) by 2050. Everyone is now waking up and saying, “Oh crap, what did we just do?” You see, almost everyone in the state uses either fuel oil, natural gas or propane to heat their homes during our exceptionally cold winters. That’s all gone by 2050–no more burning fossil fuels to heat your home. Welcome to the USSR of NY.
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MARCELLUS/UTICA REGION: The Catch-22 of low natural gas prices; Take it from FERC, we need PennEast pipeline and natural gas; Morrisey leads brief against ruling on Atlantic Coast Pipeline; NATIONAL: Heat wave results in highest U.S. electricity demand since 2017; More jet fuel locks-in more oil demand; Trump campaign seizes on Biden’s pledge to eliminate coal, fracking; INTERNATIONAL: OPEC sees oil surplus in 2020 amid shale surge; Prospects for natural gas demand growth in Western Canada.
How much “due diligence” must a landowner engage in when it comes to locating a long lost mineral rights owner in Ohio? According to Ohio’s Dormant Mineral Act (ODMA), the landowner who wants to reclaim mineral rights that were severed must (a) send a certified letter to the last known address of the rights owner, and (b) if that doesn’t work, publish a notice in local newspapers to try and find the long lost rights owner. After that, the landowner can reclaim the mineral rights (an oversimplification, but you get the idea).
In March MDN reported that work has restarted, after eight years, to complete an injection well in Mahoning County, OH (see 
In March, Pennsylvania Gov. Tom Wolf traveled to an elementary school in South Philadelphia with the message that only a severance tax on Marcellus Shale production stands in the way of cleaning up lead paint problems that are poisoning the little kiddies at the school (see 
We love happy endings, and this story has one. Despite claims by anti-fossil fuelers that the Tenaska Westmoreland Generating Station in southwestern PA would spread disease and death if it got built, it’s been up and running since last December–producing power and generating money for both its builders and the community–and everyone is just fine. Cue the Pete Seeger song “Where Have All the Flowers Gone?” and replace “Flowers” with “Antis”…
Yet another cockamamie “study” (i.e. propaganda) about the negatives of fracking–this one done by the University of New Hampshire claiming a few hikers and outdoor enthusiasts in Pennsylvania will have to find someplace else to hike and enthuse…because of evil Marcellus fracking. The thing that really angers us is that Pennsylvania taxpayers paid for this “study”!
CNX Resources, formerly the CNX Gas division of CONSOL Energy, released its second quarter update yesterday. The big news is that during 2Q CNX drilled the longest new Marcellus well ever…at 19,609 feet! The company reports production jumped 10%, from 123 Bcfe last year to 135 Bcfe in 2Q19, and net income jumped 216% from $61 million last year to $193 million in 2Q19.
PTT Global Chemical continues to behave is if it’s going forward with building a $7.5 billion ethane cracker in Dilles Bottom (Belmont County), Ohio. The latest evidence? The company is actively buying up homes close to the proposed site. Over the past two months the company has snapped up six homes and is in discussions right now with others.
Equitrans, formerly known as EQT Midstream (formerly a division of EQT), released its second quarter update yesterday. Among the things we learned: The Mountain Valley Pipeline (MVP) project is now 85% complete and will be done and online in mid-2020. EQT (the driller) remains committed to the MVP project and contrary to false rumors, EQT is not pulling out (it would cost them north of $3 billion to do so!). The project cost for MVP will be around $5 billion–a new high.
America’s natural gas and oil industry announced “a landmark partnership” in late 2017 called the Environmental Partnership, to “accelerate improvements to environmental performance in operations across the country” (see 
Lee Wasserman is director of the Rockefeller Family Fund, a New York-based charity started in 1967 by heirs of oil tycoon John D. Rockefeller. Wasserman is a man-causes-global-warming Kool Aid drinker, and he uses the considerable money available to him to “fight climate change.” For a smart guy he’s really, really dumb. In a New York Times editorial last week, Wasserman paraded his ignorance for all to see by declaring the petroleum industry’s continued search for oil and gas is “rampant corporate irrationality.”