Industry News

EQT Provides MiQ-Certified LNG Cargo to Europe in World First

In May, the socialists of the European Union (EU) adopted into law a new regulation aimed at tracking and reducing methane emissions within the energy sector (see MiQ Claims Its Cert the Only One to Meet New EU Methane Regs). The onerous new reg introduces new requirements for measuring, reporting, and verifying methane emissions. The…

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EQT’s Toby Rice Predicts Gas Below $3 for Now; Politicians Butt Out

Toby Rice, CEO of EQT Corporation, currently the largest natural gas producer in the U.S., spoke yesterday at the Gastech event in Houston. Rice expressed his view that the Henry Hub price for natural gas will remain below $3/MMBtu “in the short term.” He also had thoughts on how long companies like his will continue…

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Understanding the “Heat Content” of Natural Gas in PA, OH, WV

Here’s a new concept for some (including us): Have you ever heard about the “heat content” of energy like natural gas? Heat content is the amount of heat energy available to be released by the transformation or use of a specified physical unit of an energy form, like how much heat a cubic foot of…

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DC Circuit’s Radical Judges Signal Blocking LNG by Rail

LNG rail car A couple of far-left judges who sit on the U.S. Court of Appeals for the District of Columbia (DC Circuit), one appointed by Joementia and the other by Lord Obama, threw verbal bombs at the idea of allowing LNG to be transported by rail cars. The two bought into the environmental hype…

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Other Stories of Interest: Thu, Sep 19, 2024

MARCELLUS/UTICA REGION: Powering Pennsylvania’s future; NATIONAL: The ‘crazy LNG’ pause just got worse; Is the rangebound summer gas market heading for a breakout?; The Kamala Harris non-sequitur on energy independence; Hurricane forecasts raise doubt about climate science; Wall Street wants you to know profit comes before net zero; INTERNATIONAL: Gastech 2024: Energy ministers debate role…

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Cecil Twp Posts Proposed New Ordinance Banning Shale Drilling

Cecil Township, Washington County, PA Last week 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 (half a mile),…

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Range Resources Files for Permit to Drill in North Fayette, PA

North Fayette, Allegheny County, PA Range Resources applied for a conditional use permit to build a well pad in North Fayette Township in Allegheny County, PA, which may support up to 15 shale wells. The plan calls for “heavy construction” on Mondays through Saturdays from 7 a.m. to 7 p.m. The township held a public…

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Chesapeake Energy Wants to Sell 10-15% of Its Production to Asia

Chesapeake Energy has gone through some major changes over the past four years. In June 2020, Chessy declared bankruptcy (see Chesapeake Files for Bankruptcy – Debtors to Take Ownership). After Chessy exited bankruptcy, the new owners booted CEO Doug Lawler in April of 2021 (see Doug Lawler Out as CEO of Chesapeake Energy). Lawler tried…

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PA Senate Votes to Cancel State Participation in RGGI Carbon Tax

Yesterday, the Pennsylvania Senate approved Senate Bill (SB) 1058 that would repeal the state’s participation in the so-called Regional Greenhouse Gas Initiative (RGGI), an illegal carbon tax enacted via executive order by then Gov. Tom Wolf in 2019 (see Gov. Wolf Goes Bonkers: EO Destroying Gas-Fired Elec, Carbon Tax). Republican Senators voted in favor, and…

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Did Jobs Promised by Shale in WV Materialize? Or Not?

An extensive article appearing in Mountain State Spotlight, a liberal publication aimed at publishing “sustained outrage” stories about happenings in West Virginia, boldly proclaims, “The natural gas boom was supposed to bring prosperity to West Virginians in poverty. That didn’t happen.” The article focuses on several individuals who are living (metaphorically) without a pot to…

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