Industry News

Price Gouging Myth Comes Back Once Again Just In Time For Elections

As the election heats up, some politicians are yet again attempting to revive the tired and debunked myth that American energy producers are artificially raising energy prices on consumers. Later this afternoon, Democrats on the House Natural Resources committee plan to host a Roundtable on “holding Big Oil accountable” for alleged price gouging. While this

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SLB Launches New GenAI Platform Lumi

Lumi’s machine learning capabilities will be used to enhance SLB’s Delfi digital platform offering for better automation and operational efficiencies. This post appeared first on Hart Energy.

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New Permian Pipeline Projects Are Crucial to Energy Security and Market Stability

The Matterhorn Express Pipeline, due to begin service in September, will significantly increase natural gas pipeline capacity in the Permian Basin, according to a new analysis from the U.S. Energy Information Administration. This new capacity will be able to transport natural gas currently “locked up” in the Waha region to domestic and international customers, and

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The Time is Now Right – BKV Launches IPO Hoping to Raise $315M

Earlier this year, the Wall Street Journal published an article about BKV Corporation (Banpu Kalnin Ventures), the American arm of Banpu, Thailand’s largest coal mining company (see Bumpy Financial Road for BKV – Company Bets on Carbon Capture). The article pulled the curtain back to give us a better view of what happened with the…

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2 New Nominations to Frack Under (NOT On) Salt Fork State Park, OH

In February, the Ohio Oil & Gas Land Management Commission (OGLMC) met to award contracts to drill under (not on) several Ohio state parks, including 5,700 acres of the 20,000-acre Salt Fork State Park in Guernsey County (see Ohio Awards Drilling Contracts for State Parks – Salt Fork Surprise). The contract for Salt Fork was…

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PA DEP, EDF Launch Drone Program to Sniff Out Abandoned O&G Wells

The radicalized Environmental Defense Fund (EDF), in partnership with the equally radicalized Moms Clean Air Force (MCAF), is joining forces with the Pennsylvania Department of Environmental Protection (DEP), the U.S. Department of Energy (DOE), and (very oddly) McGill University, which is located in Montreal, Quebec (Canada) to launch a project to identify and “facilitate remediation…

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The Real Cause of Low Natural Gas Prices in PA, OH, WV

In yet another attempt to deflect attention away from Kamala Harris’ extreme position on fracking (she wanted to ban it completely everywhere in 2019), mainstream news continues to publish stories on other Pennsylvania energy topics. For example, yesterday, the New York Times published a story with this headline: “Big Energy Issue in Pennsylvania Is Low…

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With MVP Now Flowing, Roanoke Gas Looks to Add New Customers

On Friday, June 14, Equitrans Midstream, the builder and majority owner of the 303-mile Mountain Valley Pipeline (MVP) that runs from Wetzel County, WV, to Pittsylvania County, VA, announced the pipeline had, after a decade of planning and building, finally begun to flow Marcellus/Utica molecules (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline)….

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REPORT: U.S. Natural Gas is Key to Reshoring Manufacturing

Natural gas must be top of mind for policymakers when discussing reshoring manufacturing, according to a new report from the Center for Strategic and International Studies (CSIS). Exponential growth in semiconductors and electric vehicles (EVs) demand has led to a renewed effort to invest in U.S. based manufacturing. In their report, CSIS, with the support

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