Ohio EPA to Hold Air Permit Hearing for PTT Cracker Nov. 27
PTT Global Chemical announced in April 2015 they want to build a $6 billion ethane cracker plant complex in Belmont County, OH (see It’s Official: Belmont County Chosen as POSSIBLE Cracker Plant Site). Since that time, PTT has purchased land, paid $100 million to get the cracker facility designed, and repeatedly said a final investment decision (FID) is imminent. It’s been imminent for more than two years now. Belmont County officials recently said the decision is coming “by the end of this year” (see Belmont, OH Leaders Say PTT Cracker Decision Coming This Year). But we’ve read comments by others who say the decision won’t happen until sometime next year (see Rumblings that PTT Will Once Again Delay OH Cracker Decision). We finally have some signs of life that a decision is, indeed, coming soon.
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Ever see a someone’s name listed on a business card or in a directory, and there’s a “PE” after his or her name? Know what that means? It means Professional Engineer. To get a PE, an engineer must complete a four-year college degree, work under a Professional Engineer for at least four years, pass two intensive competency exams and earn a license from their state’s licensure board. The engineer who drafted plans for NiSource Columbia Gas to replace gas mains about 25 miles north of Boston, in Lawrence, MA, didn’t have a PE after his name. And the National Transportation Safety Board (NTSB) says it was his fault that when the gas main was replaced, the old main still had sensors that detected low pressure and kept pressurizing (overpressurizing) the gas system that led to multiple explosions and one person dying, 25 injured, and 8,000 residences and business still without natural gas service some two months later.
Yesterday MDN brought you the news that the price of the NYMEX natural gas futures contract closed (on Wednesday) at a four-year high, up 18% (see 
If there’s one more black person living in a given rural community than white, and if a pipeline company wants to put a compressor station in that community as the best location to push gas through the line, the very act of building that compressor station in that community is racist. That’s the horse manure being pedaled in Buckingham County, Va. Last week the State Air Pollution Control Board held two days of public hearings where antis, detecting they may lose the battle to stop a compressor station for Dominion Energy’s 600-mile Atlantic Coast Pipeline, trotted out their so-called “environmental justice” argument. Last Friday the board decided to delay a vote on whether to approve the compressor station, until their meeting on Dec. 10.
The annual Black & Veatch “Strategic Directions: Natural Gas Report” (full copy below) explores the complexities and market dynamics impacting today’s natural gas landscape. As the world continues to invest in the adoption of so-called renewable energy options, the outlook for natural gas has never been more positive. You read that right! More renewables = more investment in natural gas. Shifts in the global energy market are influencing gas production and transportation, altering the volume of supply. Developers, who know a good opportunity when they see it, are investing heavily in liquefied natural gas (LNG) and liquefaction capacity. But more infrastructure and pipeline capacity will be needed to continue to support the growth in LNG, especially as Asian markets continue to migrate away from coal in an effort to meet environmental goals. This report explores how complex geopolitics will impact upstream, midstream and downstream operations, while global forces reshape the industry across the board.
The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: More Permian pipelines are coming. Will there be enough workers?; Total U.S. natural gas stocks end refill season at lowest level in 13 years; Once sleepy pipeline sector now at center of the action; Interior credits increased fossil fuel production for jump in revenue from federal lands; World has no capacity to absorb new fossil fuel plants, warns IEA; South Korea becomes top Asian destination for U.S. oil after China trade spat; India ready to import more U.S. oil and gas; Russia’s $11 billion natural gas pipeline is primed to fuel Europe.
Since our lead story today is about the spike up in the price of natural gas (see Price of NatGas Spikes to Highest Level in 4 Years – $4.84/Mcf), we thought it fitting to bring you a related story that caught our eye–on the price of natgas in Pennsylvania. For years PA, especially the dry gas northeast, has been plagued with some of the lowest natural gas prices in the U.S. Why? Prolific production and not enough pipelines to get all that production to higher-paying markets. The situation is changing, rapidly. Prices in the northeast Marcellus are catching up with the Henry Hub price in southern Louisiana, thanks to multiple pipelines coming online. What does it all mean for Pennsylvanians?
EnCap Investments is a venture capital investor that funds independent companies in the U.S. oil and gas industry. EnCap has its fingers in a number of pies in the Marcellus/Utica. EnCap is the major investor behind Eclipse Resources and was instrumental in Eclipse selling itself to and merging with Blue Ridge Mountain Resources (see 
In early October the Federal Energy Regulatory Commission (FERC) granted TransCanada permission to begin service on part of its Columbia WB XPress pipeline project, the “Western Build” portion of the project (see 
Another bump in the road for National Fuel Gas Company and their Northern Access Expansion pipeline project. Not a major hurdle. Not an apocalypse. Not the end of the line. A bump. The Appellate Division of New York State Supreme Court (in NY, Supreme Court is a low court, one step up from county court), overturned the decision of the lower Supreme Court granting NFG the power of eminent domain to build Northern Access, a project not scheduled to get built until 2022. The attorney who won the case against NFG proclaimed without eminent domain, “The pipeline is dead.” We say he’s dead wrong.
It’s been almost a year since the Federal Energy Regulatory Commission (FERC) granted final approval for the PennEast Pipeline project, a $1 billion, 120-mile natgas pipeline that will stretch from northeast PA to the Trenton area of New Jersey (see 
Residents of Virginia have benefited in a major way from an abundance of cheap, clean-burning shale gas. How much benefit? Try $11 billion of money went directly into the pockets of Virginia residents and businesses over the past 10 years thanks to low-priced natural gas–fracked gas, coming from the Marcellus/Utica. Industry group Consumer Energy Alliance (CEA) has just published a new report that shares the good news (full copy below). You may recall not long ago CEA published a similar study for Pennsylvania (see 