Big Crowd Turns Out to Support/Oppose Drilling Under SWPA Park
The mystery is now solved. Last week we incorrectly (based on a Pittsburgh Tribune-Review article) reported that FirstEnergy wants to drill a well under (not on) Linbrook Park, located in the Borough of Franklin Park in Allegheny County (see original story here). It’s not FirstEnergy but PennEnergy that wants to do the drilling.
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According to RBN Energy, “U.S. production of natural gas liquids is projected to increase by 17% this year, and by another 10% in 2020.” NGLs cover a variety of hydrocarbons. Two NGLs, propane and butane, are further classified as LPG–or liquefied petroleum gas. Of the four “smaller” LPG export facilities here in the U.S., two-thirds of all exported LPGs last year came from one–Energy Transfer’s Marcus Hook refinery near Philadelphia.
We’ve been tracking a story since November about a new, smallish (but very important) LNG export plant coming to Bradford County, PA, to Wyalusing (see
At the beginning of each new year the West Virginia legislature fires up its annual 60-day session. WV legislators are part-time and only meet for two months out of the year. (How we wish that were the case here in NY!) For a number of years running, the oil and gas industry’s legislative agenda has pushed certain new bills. This year is different.
Last June Diversified Gas & Oil burst on the Marcellus/Utica scene when they bought 2.5 million acres of leases with 11,350 mostly conventional gas (and oil) wells in Appalachia from EQT (see
Our friend Tom Shepstone (
MARCELLUS/UTICA REGION: Pennsylvania emissions order warily eyed by natural gas industry; Protesters gather in Western New York to rally against the Northern Access Pipeline; OTHER U.S. REGIONS: LNG and natural gas pricing brings Haynesville back to life; Record Haynesville shale output to push 2019 U.S. LNG volume above 40m tons; NATIONAL: US LNG ready to take centre stage in 2019; Climate action relied on natural gas. Then CO2 spiked; How algorithms are taking over big oil; Oil sector primed for major merger and acquisition activity; Natural gas prices spike 13 percent on forecasts for long, severe cold; INTERNATIONAL: 4,000 troops will safeguard 1,600 kilometers of Pemex pipelines.
More drama in the ongoing soap opera of EQT and the Rice brothers’ attempt to take it over. The latest items of interest: The Wall Street Journal ran an article in today’s online edition with a headline that says EQT is “failing.” And one of EQT’s biggest investors, D.E. Shaw, is telling the board that current top management “doesn’t have what it takes” to get the company financially performing again. Ouch.
In early December, the clown judges of the Fourth Circus Court of Appeals (our name for the Fourth Circuit) put a hold on a permit issued by the U.S. Fish and Wildlife Service (FWS) that allows the 600-mile Atlantic Coast Pipeline to get built through areas with so-called endangered and threatened species (see
Score a victory for the forces of good in (of all places), radical Massachusetts, where the administration of Gov. Charlie Baker (RINO) on Friday approved air quality permits for a natural gas compressor station in Weymouth.
West Virginia is in desperate need of jobs following decades of job losses in the coal industry (from 70,000 jobs in the 1970s to 13,000 today). WV has another great natural resource: natural gas. As coal was to WV, natgas now is.
Last week our favorite government agency, the U.S. Energy Information Administration, published a post about electricity generation that predicts that in 2019 more gigawatts of electricity will come online from wind-powered sources than either solar or natural gas. Together renewables and natgas represent 98% of all new electric generating sources coming online in 2019.
LNG is a big deal. We recently reported that New Fortress Energy (NFE) is planning to build an small LNG (liquefied natural gas) liquefaction plant in Wyalusing (Bradford County), PA in order to export Marcellus gas (see