Material Insights: Resin prices dip; nonmarket corrections explained

Ohio River Corridor

Material Insights: Resin prices dip; nonmarket corrections explained

Dropping resin prices indicated a summer slump for some commodity resins. Senior reporter Frank Esposito stops by this week’s Material Insights to delve into the various issues affecting the latest resin prices for June. He also explains some nonmarket corrections, what they mean and what resins they affect. This post appeared first on Plastics News.

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Kickstart: Well, poop

An Australian packaging company has a very distinctive way to let the public know about plastics pollution in the world’s oceans. This post appeared first on Plastics News.

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EIA: US natural gas demand increases 43% from 2012 to 2022

U.S. natural gas demand grew by 34.5 billion cubic feet per day from 2012 to 2022, according to data released by the U.S. Energy Information Administration. The post EIA: US natural gas demand increases 43% from 2012 to 2022 appeared first on Shale Gas Reporter. This post appeared first on Shale Gas Reporter.

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Get the Facts: Carbon Capture In the United States

There is a lot of misinformation circulating about U.S. carbon capture and storage (CCS), despite the widescale implementation of this technology having bipartisan support in Congress and the backing of the Biden administration and top energy and climate international organizations. Recently, media coverage around CCS has prioritized voices that are perpetuating this misinformation, creating an

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Solvay to pay $392M in New Jersey PFAS settlement

Solvay Specialty Polymers USA LLC said June 28 it will pay more than $392 million to the New Jersey Department of Environmental Protection, having reached an agreement to resolve its PFAS-related claims in the state. This post appeared first on Plastics News.

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FERC Issues Order Allowing MVP to Restart ALL Construction

Finally! On Monday, Mountain Valley Pipeline (MVP) builder Equitrans asked the Federal Energy Regulatory Commission (FERC) for permission to restart all remaining construction to install the final 6% of MVP in West Virginia and Virginia. Yesterday, FERC issued that permission. Ladies and gentlemen, start your bulldozers! Company spokeswoman Natalie Cox said crews will begin work “shortly”…

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Fed Court Nixes Chesapeake Royalty Settlement with PA Landowners

In 2021, U.S. District Judge Lee H. Rosenthal, Chief Judge for the Southern District of Texas, approved deals for Chesapeake Energy to pay $6.25 million to class members of the three royalty lawsuits brought by Pennsylvania landowners (roughly 15,000 class members) and another $2.9 million to the lawyers involved (see Texas Judge OKs Chesapeake Royalty…

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M-U Drillers Learn How to “Walk the Line” When/Not to Drill

In the early days of the shale revolution, Marcellus/Utica drillers (all shale drillers) were incentivized by shareholders to drill at any cost. The philosophy was “drill baby drill,” believing pipelines would somehow get built to handle the increasing production volume. Over the past three years or so, since about the time the pandemic began, things…

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DEP Sec. Negrin Focused on Cutting Red Tape, Speeding New Permits

One of the biggest complaints from drillers and pipeline companies doing business with the Pennsylvania Dept. of Environmental Protection (DEP), going back for years, is the lack of speed when reviewing and approving new permits. In particular, Chapter 102 (erosion and sediment control) and Chapter 105 (water obstructions and encroachments) permits. At a budget hearing…

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Small Group of Antis Oppose Dominion Chesterfield Peaker Plant

Once upon a time, Dominion Energy, a huge utility company headquartered in Richmond, Virginia, had a plan to build four small “peaker” electric generating plants in Chester County, VA, a Richmond suburb. Then COVID hit, and the plan went on hold. Dominion recently dusted off its plan and announced it would seek state approval for…

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