Energy Stories of Interest: Thu, May 2, 2019
MARCELLUS/UTICA REGION: Appalachian Basin’s methane emissions fall despite increase in gas production; Coalition pushes for natural gas pipeline project; Capitalize on natural gas opportunities; OTHER U.S. REGIONS: McDermott expects Cameron LNG ‘fully online’ by 2020 as timetable slips; Enterprise’s Lumberjack pipeline to expand Haynesville gas takeaway; NATIONAL: One in four U.S. homes is all electric; INTERNATIONAL: US natural gas exports to Europe surge nearly 300%.
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Every now and again we traffic in rumors here on MDN, but we do so rarely and only when we trust the source of the rumor. In mid-March we brought you juicy tidbits from a highly trusted source about the PTT Global Chemical ethane cracker project in Belmont County, OH, a rumor about why a final investment decision (FID) to proceed has been delayed (see
CNX Resources released its first quarter 2019 update yesterday, which shows the company lost $87 million, as opposed to making $527 million in profit in 1Q18. Even so, CEO Nicholas DeIuliis announced the company is upping its drilling budget from the previously announced $700 million to instead spend $885 million, largely to drill more “deep dry” Utica wells. Go big or go home!
Last week MDN told you that NextEra Energy, a partner in Equitrans’ 303-mile Mountain Valley Pipeline (MVP) that will run from Wetzel County, WV to the Transco Pipeline in Pittsylvania County, VA, said MVP will most likely not get finished this year (see
Last September MDN told you that a new natgas-fired electric plant planned for the People’s Republic of Rhode Island in Burrillville was on life support, with antis reaching to pull the plug (see
Big Green groups continue to sue pipeline companies and their projects in an attempt to block any new pipeline anywhere from getting built–period. One of their favored angles of attack is to try and find loopholes in, or even overturn, the Natural Gas Act of 1938.
For months Pennsylvania Gov. Tom Wolf has been traveling around the Keystone State pretending he’s Santa Claus, pushing a plan he calls Restore PA–a plan that will get rid of lead paint in schools, fix flooding, repair old roads, give rural residents internet access, and just about any other goody you can think of. The catch? The PA legislature must pass a Marcellus-killing severance tax to pay for it. Republicans from western PA called his bluff, offering an alternative way to fund it (see
Andrew Cuomo has himself painted into a corner. In recent years he’s pandered to his radical/left environmental base by blocking natural gas pipelines. Another such project now must be decided, by May 16. Williams’ Northeast Supply Enhancement (NESE) project needs a water crossing permit from New York State. If Cuomo rejects the project, both Consolidated Edison and National Grid, the two utilities that supply New York City and its suburbs, including all of Long Island, with natural gas, have said they will slap a moratorium on all new gas customer hookups. Either way Andy is toast. Which way will he decide?

In the end, it was the right thing to do. Word has leaked out and is now being trumpeted by anti-pipeline “news” outlets (like PBS’ StateImpact Pennsylvania) that Sunoco (i.e. Energy Transfer) has purchased the homes of two homeowners who live near Mariner East 2 pipeline construction–both homes located near sinkholes related to pipeline construction. Sunoco paid each homeowner $60,000-$100,000 more than fair market value.
THE Delaware Riverkeeper, Maya van Rossum, along with a couple of radicals from Lancaster County flying under the name Lancaster Against Pipelines (the Clatterbucks), hoped they could convince the U.S. Supreme Court to consider a case that a series of lower courts dismissed–a case that would shut down the now-operating Atlantic Sunrise Pipeline (see
Pennsylvania State Sen. Gene Yaw (Republican from Lycoming County), who serves as Majority Chair of the Senate Environmental Committee, 
Last week we brought you the news that President Trump is considering a waiver to the 1920 Jones Act for LNG to be shipped from port to port in the U.S., even if the ships used are foreign flagged (see