PA Gov. Tom Wolf Fakes Interest in Philly Refinery Jobs
Pennsylvania Gov. Tom Wolf is a sleazy politician of the highest order. Wolf is hilariously urging President Trump “to protect Pennsylvania refinery workers by reforming the Renewable Fuel Standard (RFS) in the wake of the president directing the U.S. Environmental Protection Agency to benefit ethanol producers in other states.” That’s after Wolf himself shafted those same refinery workers he pretends to want to help, just two years ago. Let us explain.
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Events related (or of interest) to the Marcellus and Utica Shale, primarily pro-drilling events. To have your event included (or if you are aware of a worthy event you believe should be on this page), please send the details and/or a link to have it included to the calendar@marcellusdrilling.com email address.
The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: PA House whiffs on fair gas royalties; PDC Logic becomes Taurex Drill Bits; Fragile pipelines pose an increasing risk in gas-hungry U.S.; Natural gas storage likely to enter winter at lowest levels since 2005; Does the price of oil even matter?; China on pace to become top natural gas importer in 2018; Protesters block Cuadrilla as fracking re-starts at Lancashire drill site.
Diversified Gas & Oil continues its mission to buy as many non-shale (conventional) oil and gas wells as it can in the Appalachian Basin. In June, MDN brought you the exclusive news that Diversified had purchased EQT’s Huron Shale assets in Kentucky, Virginia and West Virginia for $575 million (see 
In May the U.S. Environmental Protection Agency (EPA) launched a study looking into the possibility of treating oil and gas wastewater and (gasp) releasing the cleaned-up wastewater into lakes and rivers, instead of injecting it back down holes in the ground. Earlier this week the EPA held a public meeting to discuss preliminary findings and to elicit more input from the industry and from Big Green on their study, which is called “
Anti-fossil fuelers are on a holy mission to stop a 3.5-mile, 8-inch pipeline from being built under the Potomac River by Columbia Pipeline (see 
The Ohio Oil and Gas Association (OOGA) and St. Clairsville Area Chamber of Commerce sponsored an update on the Utica Shale and its impacts in southeastern Ohio at a one-day event held yesterday at Belmont College. The upshot of the day seemed to be this: The Utica is still creating thousands of jobs, and still attracting millions of dollars in investment. Among the speakers were reps from both EQT and Ascent, who had some interesting comments about their respective operations. Question: Who do you think is the largest natural gas producer in Ohio today? One of the speakers made the surprise claim that her company is now the top producer in Ohio.
One year ago Chevron Appalachia and People’s Natural Gas teamed up to release a study called “Forge the Future: Pennsylvania’s Path To An Advanced, Energy-Enabled Economy” (see 
In March 2016, MDN brought you news that Primus Green Energy, a gas-to-liquids (GTL) technology company, planned to build a 160 metric tons per day (MT/day) methanol plant at “a manufacturing site in the Marcellus shale region” in 2017 (see 
Earlier this week the Franklin County (VA) Planning Commission voted 5-0 to allow Roanoke Gas Co. to build and operate a “gate station”–a connection to the under-construction Mountain Valley Pipeline (MVP). Roanoke Gas is laying new pipelines in the area and needs natgas to feed its new customers. Antis showed up at the meeting (what’s new?) to complain and threaten and moan and whine. They actually tried to say there is no “public benefit” for MVP, and that this gate station is simply a ruse to give the appearance of a public benefit.
In June we told you about a plan by MidWest utility company Vectren to build a 900-megawatt natural gas-fired power plant (and a 50-acre solar farm) to replace a retiring coal plant, in Warrick County, Indiana (see 
The expert analysts at RBN Energy have just published their “fourth and final” in a series of posts looking in detail at E&Ps (exploration & production companies, or “drillers”). One of the groups of E&Ps they examine are “gas-weighted” E&Ps–or drillers who mostly extract natural gas. In looking through the list, you immediately realize every one of them has operations in the Marcellus and/or Utica Shale region. Yes, a few also have operations in other plays, but they all have at least some operations here. The real value in the article is an accompanying spreadsheet comparing various financial metrics (apples to apples)–things like total revenue, lifting costs, production costs, and “pre-tax income,” meaning profitability. How do our drillers compare with each other?