USA Today recently published an article picked up from the investor website 24/7 Wall Street that analyzes the average cost per kilowatt hour for electricity state by state–all 50 states. It’s not surprising that Hawaii and Alaska are in the top two highest rates in the nation, separated from the Lower 48.
Read More “NY & New England in Top 10 Highest Electric Rates in U.S.”
A tractor trailer hauling CNG (compressed natural gas) overturned Sunday morning on Interstate 88 near Cobleskill in Schoharie County, closing the Interstate for a few hours. This is one of those “virtual pipelines” we’ve written plenty about (see our stories here).
3/8/19 UPDATE: The driver fell asleep at the wheel causing the crash. See below.
Read More “CNG Trailer Rolls Over in Upstate NY, Closes Interstate”
MARCELLUS/UTICA REGION: Ohio moves into top five for recoverable shale natural gas reserves; Cap-and-trade climate petitioners resubmit entire petition to PA EQB; Governor presses for severance tax to repair levee; Wolf promotes proposal to fund high-speed internet expansion; OTHER U.S. REGIONS: Energy Transfer natural gas pipeline ruptures in Missouri; NATIONAL: Andrew Wheeler confirmed by Senate as EPA chief; U.S. crude oil production, exports hit record levels; INTERNATIONAL: Drinking and gambling outpace oil, natgas revenues in Canada’s top-producing province; Global oil & gas drilling set to surge in 2019; Russia’s Arctic LNG project aims to tempt fuel-hungry Japan.
Read More “Energy Stories of Interest: Mon, Mar 4, 2019”
The latest edition of the MDN Weekly Digest is now ready. The digest is the meat and “essence” of each story for all posts appearing on the MDN website during the past week, collected in a single PDF document capable of being downloaded and printed. The Weekly Digest is available to paying subscribers only as part of your monthly or annual subscription to MDN.
Read More “MDN Weekly Digest – Mar 2, 2019”
Yesterday was an eventful day for the former Blue Ridge Mountain Resources (nee Magnum Hunter Resources) and Eclipse Resources. We’ve been telling you since last August that the two companies are merging, with Blue Ridge Mountain essentially buying out Eclipse. The deal is done as of yesterday and there is A LOT of news to share–including a name change for the newly combined entity.
Read More “Blue Ridge Merges with Eclipse, Renamed to Montage Resources”
Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres) with record production in the Utica last year, is scaling back spending in the gassy Utica Shale this year and putting that money into other another shale play–the oily SCOOP.
Read More “Gulfport 2019: Spend Less on Gassy Utica, More on Oily SCOOP”
You can feel the excitement and anticipation building. The Federal Energy Regulatory Commission (FERC) approved the Constitution Pipeline from northeast Pennsylvania into central New York in 2014, more than four years ago. This year, 2019, may be the year construction finally begins–and the year antis who have fought this pipeline every inch of the way finally LOSE.
Read More “Exciting! DC Circuit Passes Constitution Pipe Case Back to FERC”
We’ve come across information about Kinder Morgan’s Natural Gas Pipeline Company of America LLC (NGPL) that intrigues us and makes us think that Marcellus/Utica gas either already is, or soon will be, traveling along NGPL from the Midwest all the way to the Gulf Coast to feed just about any of the existing or under construction LNG export plants in the region.
Read More “NGPL Pipe Will Flow M-U Gas to Gulf Coast for LNG Export”
There are five major new natural gas pipelines online in the past year, another three partially online, and another 17 under construction or planned, all in the Marcellus/Utica region. Together they represent a staggering $32 billion of investment. Our friends at Energy in Depth recently compiled an awesome list of all these projects, which we share below.
Read More “List of 25 Pipelines Built or Planned in Marcellus/Utica Region”
Yesterday we told you that the West Virginia Surface Owners Rights Organization (SORO) is pushing a couple of bills to address the issue of abandoned and orphan wells (see WV Surface Rights Group Wants State to Enforce Plugging Old Wells). While the bills SORO is promoting have not advanced, several other bills in the WV legislature addressing the same issue have advanced. Rapidly.
Read More “WV Orphan Well Bills Quickly Advance in Legislature”
New York Gov. Andrew Cuomo is pulling another boner. Under Cuomo’s direction, the state Dept. of Environmental Conservation (DEC) has issued new draft regulations aimed at shutting down most of the state’s “peaker plants”–small electric generating plants that produce electricity for brief periods during high demand. The plants are powered by nasty, filthy fossil fuels and that, according to Lord Cuomo, must end.
Read More “Cuomo Banning 3,500 MW of Electric Generation w/No Replacement”
MARCELLUS/UTICA REGION: Nonprofit, educational organizations: don’t miss this chance to apply for environmental grants; New York and Massachusetts blow it with wacky wind projects; Governor Cuomo blames cold for population exodus; ODNR issues nine Utica permits; NATIONAL: Why natural gas prices will remain low for the time being; Collins to vote against Trump’s EPA pick; INTERNATIONAL: Despite recent supply reductions, global liquid fuels production to outpace demand.
Read More “Energy Stories of Interest: Fri, Mar 1, 2019”
EQT is not holding their annual meeting in April this year, the month they’ve traditionally held the annual meeting until last year, when it was held in June due to an impending split of the company into upstream and midstream. Instead, the current board is using a legal loophole to delay this year’s annual meeting to July–as a way of obstructing the efforts of Toby and Derek Rice and their proxy war to take over the company.
Read More “EQT Announces Late Annual Meeting, a “Screw You” to Rice Bros.”
Chesapeake Energy, started by Aubrey McClendon as a gas-focused drilling company that went on to become the country’s largest natgas producer, is doing its darnedest to get rid of its natgas assets and turn itself into an oil driller. Yet it was the company’s natural gas assets that boosted the company’s financial performance in 4Q18, helping them turn in a better financial performance than analysts expected. Ironic, no?
Read More “Chesapeake’s Marcellus Production Dips in 2018, Gas Price Soars”
We had to chuckle when we saw a local television station in Erie, PA describe the start of construction for the tiny (distance-wise and money-wise) RH energytrans Risberg pipeline as a “massive” project.
Read More “Construction Begins on “Massive” PA to OH Risberg Pipeline”
Energy Transfer and their Sunoco Logistics Partners unit are about to restart underground horizontal directional drilling (HDD) work for the Mariner East 2 (ME2) pipeline in West Whiteland Township (Chester County), PA–work that has been on pause since July 2017. Yet ME2 actually went online in December (see Sunoco LP’s Mariner East 2 NGL Pipeline Now Online!). Question: How can ME2 be online when not all of the work is yet done?!
Read More “ME2 Pipe Restarts Drilling in Chester Co. – Stalled Since July 2017”