Cuomo Says NY Suing Trump Over Pipeline Executive Order
Andrew Cuomo, the man-child who governs New York State like it’s a third world, tinpot dictatorship (it’s rapidly becoming as poor as a third world country), says NY is going to sue President Trump over his recently signed Executive Order that will make it harder for states like NY to reject pipelines for purely political reasons (see Trump Signs Executive Order Making it Harder to Block Pipes).
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In June 2018 MDN told you about a plan by Midwest utility company Vectren to build a 900-megawatt natural gas-fired power plant (and a 50-acre solar farm) to replace a retiring coal plant, in Warrick County, Indiana (see 
MARCELLUS/UTICA REGION: Push for I-68 expansion in Marshall County continuing; Ohio shale investment hits $74 billion since 2011; CNX to hold a virtual annual meeting; WV businesses represented at Ohio Valley Regional Oil and Gas Expo; Penn State researcher named to Colombian commission on shale energy development; Time to act on natural gas; New York’s Green New Deal will slash red meat in city facilities by 50%; OTHER U.S. REGIONS: Biomass follies — Austin, Texas is the latest city to find it isn’t easy being green; NATIONAL: More U.S. LNG export projects moving toward FID; Oil and gas workers among the best paid in America; Americans need more oil and natural gas pipelines; INTERNATIONAL: WoodMac: LNG industry heading into $200 bln Capex boom; Polish LNG terminal expansion co-financing deal signed.
On Monday, Toby and Derek Rice filed a proxy statement with the Securities and Exchange Commission and sent EQT shareholders a package and special proxy card (for voting) in an effort to elicit votes for their slate of nine board members at the upcoming July annual meeting–so they can take control of the company. Normally proxy statements are pretty dry affairs. Not this one! There are bombshell accusations in the proxy statement made by the Rice boys against EQT’s current management.
Range Resources issued its first quarter 2019 update earlier this week. Natural gas liquids (NGLs) were one of the themes of the update and analyst phone call–and no wonder why. The company produced an average of 2.26 billion cubic feet equivalent per day (Bcfe/d) of natural gas in 1Q19, nearly one-third (31%) of which was NGLs. Ethane and propane, getting them to market, is a major focus for Range.
Yesterday the Pennsylvania Senate Democratic Policy Committee held a hearing in Pittsburgh, supposedly on strategies for combating mythical man-made global warming by reducing methane gas emissions. It reality it was an anti-shale crapfest, complete with speeches by radicals from PennFuture and the Environmental Defense Fund.
In March a group of Pennsylvania landowners from Lancaster County asked the U.S. Supreme Court to hear a case in which they say they’ve been screwed over by Atlantic Sunrise Pipeline, that the pipeline should not have had the right to use eminent domain to build the pipeline before the matter of compensation was fully adjudicated (see
Middletown, NJ officials recently passed, unanimously, a resolution opposing the proposed construction of the Northeast Supply Enhancement (NESE) pipeline, part of the Transco pipeline system. There are a number of components to NESE, but the key component, the heart of the project, is a new 23-mile pipeline from the shore of New Jersey into (on the bottom of) the Raritan Bay–running parallel to the existing Transco pipeline–before connecting to the Transco offshore. Comments by Middletown Mayor Tony Perry are instructive and provide us with a teachable moment.
President Trump is “seriously considering” granting an exemption to the Jones Act, a federal law passed in 1920 that that regulates maritime commerce in the United States. This is seriously good news for the Marcellus/Utica, in fact for every shale play in the U.S. Why? How? Let us explain…
Are underground shale wastewater pipelines the “next big thing” for the Pennsylvania midstream (i.e. pipeline) industry? According to Thomas Karam, CEO of Equitrans Midstream Corp. (formerly EQT Midstream), they just may be. Most of Equitrans’ pipeline business is flowing natural gas. A little bit of their business is dedicated to flowing wastewater. Karam wants to grow that little bit into a much bigger bit.
Bechtel, a huge multi-national engineering firm, is the company building the mighty Shell ethane cracker in Monaca, PA. Shell won’t divulge when they think the cracker will be up and running (still a year or more away), but in what we consider a very good sign that the cracker will be operating sooner rather than later, Shell has just awarded another huge multi-national engineering firm, AECOM, the contract to maintain all the machinery at the cracker plant once it’s built and running.
In August 2017 Range Resources and the Pennsylvania Dept. of Environmental Protection (DEP) officially settled alleged methane migration from a well Range drilled in 2011 in Lycoming County, PA (see
Williams is planning to build two new compressor stations in eastern Pennsylvania as part of its Leidy South Project (see