NGSA Winter Forecast: High Demand + High Production = Flat Prices
The Natural Gas Supply Association (NGSA) yesterday released its 2018-2019 Winter Outlook for Natural Gas report (summary below). NGSA says this winter will have warmer than normal temperatures for much of the country. They also predict natural gas demand will reach an all-time high. However, natural gas production will hit all-time highs too. So in the end, prices for natgas (a function of supply and demand) will stay fairly even.
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The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: ODNR issues 14 permits in Utica Shale; Dominion Energy employees recognized for top innovations and solutions that benefit customers, environment; Man who cut company checks for personal bills, engagement ring gets year in prison; WV state tax collection stays strong in September; Big oil and gas companies are winners in Trump’s new trade deal; Natural gas prices rise on the ‘elephant in the room’; The blue wave and the oil industry: will fracking be the biggest target?; Permitting timelines, grid resilience get attention in FERC strategic plan; Shell’s LNG Canada seen as tip of LNG megaproject iceberg.
Finally! Competitive Power Ventures’ 680-megawatt CPV Valley Energy Center in Wawayanda (Orange County), NY is fully up and running and producing enough electricity to power 600,000 liberal NY homes. New York Gov. Cuomo tried his best to block the recently-completed (costing $900 million) Marcellus gas-fed plant from going online by instructing the Dept. of Environmental Conservation (DEC) to deny renewing a permit they previously issued, but a judge saw right through that one and overruled the DEC.
We’ve lost track of how many lawsuits have been filed by anti-fossil fuel groups against EQT Midstream’s Mountain Valley Pipeline (MVP), and Dominion Energy’s Atlantic Coast Pipeline (ACP). Among the flood of never-ending lawsuits was a lawsuit against both pipelines from a group of 50 or so landowners who tried to overturn the constitutional use of eminent domain to force hold-out landowners to accept the pipeline. The landowners tried to court-shop and find a court to aide them in their cause. Last Friday the U.S. District Court for the District of Columbia rejected that effort.
Earlier this year the federal EPA approved a new injection well for Plum Borough in Allegheny County, PA (see 
We’re going to dub Pennsylvania Gov. Tom Wolf, “Tommy One Note.” Wolf participated in a debate with his far-more-qualified-to-be-governor opponent, Scott Wagner, Monday evening in Hershey, PA. It was/is the only debate that will be held between the two. The debate (if you can call it that) was “moderated” by Jeopardy host Alex Trebek. During the debate Wolf indicated that if he is elected to a second four-year term, he will keep fighting every single year, year in and year out, to pass an exorbitantly high severance tax to pay back teacher’s unions for voting for him.
Columbia Gas of Massachusetts continues to try and recover from early missteps in how it responded to a series of explosions in its local delivery pipelines north of Boston in mid-September (see 
Environmentalists who buy into the fairy tale of man-made global warming have a new tool to force their will on the American people: Get liberal governors to abuse state review authority granted to them under the federal Clean Water Act (CWA) in order to block federal pipeline projects. NY Gov. Cuomo was one of the first to bastardize the intent of the CWA in this fashion. It is a hijacking of the CWA and its intended purpose–and it must stop.
It’s this kind of story that makes our blood boil–we won’t lie. EQT tried to shaft an elderly couple in Ritchie County, West Virginia out of royalty money by slipping in not only post-production deductions never agreed to in the contract, but also by slipping in a deduction for WV severance taxes owed by EQT itself. Maddening!
In early 2017 at the beginning of a new session of the Pennsylvania Legislature, PA State Senator Gene Yaw introduced a pair of bills he dubbed the “Oil and Gas Lease Protection Package” (see 
In September, MDN told you that the Ohio Supreme Court ruled that a ballot measure backed by the Community Environmental Legal Defense Fund (CELDF) in Columbus, OH, a measure meant to ban fracking to send a “you’re not welcome” message to Utica drillers, is in fact illegal and will not appear on the November ballot (see 
