Exports to China account for billions of pounds of PE produced in US, Canada

Ohio River Corridor

EQT/Tug Hill Deal Came Only After PA AG, FTC Changed Deal Terms

We should have known there was a price to pay, a “pound of flesh” to be exacted, when we read the announcement that the Bidenistas of the FTC (Federal Trade Commission) had approved EQT’s deal to buy Tug Hill’s West Virginia assets. Two days ago, EQT issued a press release to announce the deal had…

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WV Hydrogen Project to Generate Rev. of $105M/Yr, Incl. Pore Rights

Yesterday we told you about a new $2 billion hydrogen project coming to West Virginia (see $2B Hydrogen Project Announces for WV – FidelisH2 in Mason Co.). Fidelis New Energy announced it had selected Mason County for a “net-zero” hydrogen production facility and low carbon microgrid, which it has dubbed The Mountaineer GigaSystem. The Fidelis…

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Facing Reality – PTT Ohio Cracker Plant Project is Dead

We’ll say aloud what no one else appears ready or willing to say: The long-ballyhooed PTT ethane cracker plant project in Belmont County, Ohio, announced eight years ago, is dead. That’s our humble opinion. We periodically look for signs of life in the project, and it has been a flat line for YEARS. Nothing. A…

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PA DEP Issues Interim “Final” Shale-Drilling-is-Racist Regulation

On August 17, the Pennsylvania Dept. of Environmental Protection (DEP) posted an Interim Final Environmental Justice Policy to guide DEP’s permit application reviews and outreach efforts in environmental justice areas throughout the Commonwealth. New Environmental Justice (or EJ) policies are a euphemism for regulations that prohibit drilling and pipelines built in neighborhoods of color or…

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EID, MSC Destroy Pitt Fake Study Tying Fracking to Cancer in Kids

Earlier this week, Pittsburgh University (Pitt) researchers released three studies commissioned by the State Dept. of Health supposedly investigating whether or not there is a connection between shale drilling and childhood diseases, including cancer (see Pitt Releases Fake Research, Claims PA Fracking Linked to Kid Cancer). Our position from the beginning, when Pitt received $2.5…

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Moody’s & Fitch to Remain Woke, Refuse to Dump ESG Scores like S&P

Last week S&P Global Ratings, the largest and most important of the Big Three credit-rating agencies, which include Moody’s Investors Service and Fitch Ratings, announced it is ditching its system of numerically ranking corporate borrowers on their ESG risk (see S&P Global De-Wokeifies – Dumps ESG Scores from Credit Ratings). Even though S&P will no…

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10 New Shale Well Permits Issued for PA-OH-WV Aug 7 – 13

New shale permits issued for Aug 7 – 13 in the Marcellus/Utica crashed for a second week in a row. There were 10 new permits issued last week, down 14 issued the previous week (half of the 29 issued three weeks ago). Last week’s permit tally included 10 new permits in Pennsylvania, no new permits…

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Other Stories of Interest: Fri, Aug 18, 2023

MARCELLUS/UTICA REGION: Environmentalists call Dominion’s carbon offsets “greenwashing”; OTHER U.S. REGIONS: Cruz tells Texas oil and natural gas industry to ‘fight back’; NATIONAL: Trump Energy Sec tapped to lead utility lobbying group; Coalition demands DOE Sec. Granholm’s resignation over ethics lapses; Why America’s shale boom is not over; IRA subsidies might create energy minerals supply…

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Paisie: Oil Demand to Eclipse Supply

John Paisie of Stratas Advisors suggests that oil demand will overtake supply during Q3 and Q4, but at the same time, the market will remain concerned about challenges facing the U.S., China and the EU.  This post appeared first on Hart Energy.

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Natural Gas – 100 Years Ago Today, August 18, 1923

Natural Gas – 100 Years Ago Today, August 18, 1923 Tom Shepstone Shepstone Management Company, Inc. …. ….  Natural gas news from a hundred years ago offers great perspective for discussing one of the cleanest sources of energy available then and still today. It’s fun and illuminating to look back 100 years ago at what

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