Industry News

Biden EPA Delays New Gas-Fired Power Plant Regs to Post-Election

The Bidenistas at the EPA announced last night the agency will delay, until AFTER the November election, implementing harsh new regulations aimed at closing down gas-fired power plants across the country. The unstated purpose is to remove this highly unpopular edict as a campaign issue so the bag of bones known as Joementia can try…

Read More...

Biden Announces 3 New FERC Commissioner Nominees, Finally

Yesterday, the Biden White House announced it is nominating three new members to join the Federal Energy Regulatory Commission (FERC). There are supposed to be five commissioners, although the commission can still function with as few as three. Currently, there are three (two Democrats, one Republican), with one of the Dems, radical Allison Clements, leaving…

Read More...

Other Stories of Interest: Fri, Mar 1, 2024

MARCELLUS/UTICA REGION: Natural gas revenues top $1B for the PA Game Commission; OTHER U.S. REGIONS: Geothermal startup raises $244 million to drill hot rocks in Utah; NATIONAL: Biden admin finalizes regs targeting clothes washers, dryers; NY AG sues world’s largest beef producer over methane emissions; The left needs to stop banning products and censoring honest…

Read More...

Gulfport Energy Drilled 2 Marcellus, 2 SCOOP, 20 Utica Wells in ’23

Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of wells drilled), emerged from bankruptcy in May 2021 with a new board and top management. Yesterday, Gulfport issued its fourth quarter and full-year 2023 update. Company CEO John Reinhart, who took the reigns of the company in January 2023, reported the…

Read More...

EPA Allows PA Radicals to Challenge Permit for Plum Injection Well

Penneco Environmental Solutions wants to build a second wastewater injection well in Plum Borough (Allegheny County), PA, next to an existing injection well. Penneco’s first wastewater injection well in Plum finally opened for business in mid-2021, overcoming all sorts of smears, slanders, and lawsuits by the enviro-left (see Plum Boro Injection Well in SWPA Now…

Read More...

Henry Hub Spot Price Hit Lowest “Real” Level in 27 Yrs in February

The U.S. benchmark Henry Hub daily natural gas price averaged $1.50 per million British thermal units (MMBtu) on February 20, 2024, the lowest price in inflation-adjusted dollars since “at least” 1997. In fact, when you look at the ten lowest daily Henry Hub natgas spot prices since Jan. 1, 1997, six of the ten lowest…

Read More...