News

Other Stories of Interest: Wed, Sep 11, 2024

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Coterra Stops Drilling New Wells in Marcellus, Fracking Ends Soon

We never thought we’d see the day when we would write the headline that Coterra (nee Cabot Oil & Gas) was pulling all of its active rigs in the Marcellus in Susquehanna County, PA. But today is that day. It makes us profoundly sad (and the primary reason we opposed the merger of Cimarex and…

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Cecil Twp Hellbent to Ban New Shale Drilling via 2,500-Ft Setback

The Board of Supervisors for Cecil Township in Washington County, PA, caved to pressure from radical leftists and, by a vote of 3-2, instructed the town’s solicitor to prepare a new zoning ordinance that increases setbacks from “protected structures” from 500 feet to 2,500 feet (a half a mile!), and add a setback of 5,000…

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Anti-Fossil Fuelers Pack Dominion Open House for Va. Gas Plant

Dominion Energy plans to build four small “peaker” electric generating plants in Chesterfield County, VA, near Richmond (see Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA). The Chesterfield Energy Reliability Center (CERC) calls for building four 250-megawatt gas-fired power plants (1,000 MW total) that can jump into action during the coldest and…

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DC Circuit Rulings are Harming the U.S. LNG Export Industry

The liberal judges on the U.S. Court of Appeals for the District of Columbia issued a string of rulings this year that have greatly damaged the country’s LNG export industry. Those rulings, if left unchallenged, put future LNG growth in this country in doubt. So says energy expert David Blackmon, writing for the Forbes magazine…

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NYMEX HH Forward Market Signals 44% Gas Price Rise in 2025

The price of natural gas is the foundation for our entire industry. If the price is too low, as it is right now, drilling falls off (see today’s lead story about Coterra doing NO new drilling in the Marcellus). If there’s no (or little) new drilling, everything else suffers. Landowners’ royalty checks shrivel, oilfield services…

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As DOE Issues First LNG Permit Post-Pause, EIA Forecasts North America’s LNG Export Capacity Could Double By 2028

North American LNG export capacity is likely to double by 2028, but only if projects under construction become operational on schedule, according to a new analysis from the U.S. Energy Information Administration. The forecast comes on the heels of the Department of Energy granting permits to New Fortress Energy’s Altamira terminal –a step in the

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Presidential Debate: Let’s Talk Energy

As the 2024 election unfolds, candidates are doing everything they can to win over undecided swing-state voters. Turns out, support for abundant and affordable American energy is a top priority for these constituents across the country, especially in Pennsylvania. In fact, within a week of replacing President Biden as the Democratic candidate for President, Kamala

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