In July, U.S. Senator Joe Manchin (West Virginia), the Democrat chairman of the Senate Energy and Natural Resources Committee, and Senator John Barrasso (from Wyoming), the ranking Republican member of the same committee, drafted and released the Energy Permitting Reform Act of 2024 (see Barrasso, Manchin Release Bipartisan Energy Permitting Reform Bill). The bill aims…
Read More...You can’t fix stupid. You can only vote it out of office. From the outskirts of New York to the Delaware River shoreline across from Philadelphia, New Jersey is home to numerous oil and natural gas facilities. A New Jersey Senate committee is seriously discussing (planning) an insane new tax on those facilities as a…
Read More...Yesterday, the analysts at S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices, and workflow solutions for the commodities and energy markets, released their 2025 energy outlook. S&P published the top 10 “key themes” from the report. Key theme #2 was this: “Total energy demand growth to outstrip clean energy…
Read More...On Tuesday, the U.S. Supreme Court heard oral arguments in a case that could fundamentally change how the federal government conducts environmental reviews. We first told you about the case last week (see U.S. Supremes to Consider How Far is Too Far with Enviro Reviews). The case deals with a proposed railway that would connect…
Read More...The timing (even the very future) for Venture Global’s proposed Calcasieu Pass 2 (CP2) LNG export plant is murky at best. The Federal Energy Regulatory Commission (FERC) in June issued a 2-1 decision to approve the project (see FERC Approves Expansion of Venture Global’s CP LNG Export Plant). However, the project is on hold (with…
Read More...In two related amicus briefs filed Tuesday, the Biden-Harris Department of Justice encouraged the U.S. Supreme Court to allow climate lawsuits against American energy companies move forward – but hinted that the legal approach may run into serious obstacles. While arguing that climate suits are not yet ripe for Supreme Court review, both of US
Read More...New Era Helium and Sharon AI have signed a letter of intent for a joint venture to develop and operate a 250-megawatt data center in the Permian Basin. This post appeared first on Hart Energy.
Read More...President-elect Donald Trump’s policies are expected to benefit the U.S. oil and gas sector, but also bring economic and geopolitical risks. This post appeared first on Hart Energy.
Read More...The Biden administration is urging the U.S. Supreme Court to reject efforts by oil companies to prevent lawsuits accusing the fossil fuel producers of deceiving the public about climate change. This post appeared first on Hart Energy.
Read More...Hess Corp. has retained EnergyNet for the sale of a three-well Bakken Shale package in Mountrail and Ward counties, North Dakota. This post appeared first on Hart Energy.
Read More...Analyst: Energy Transfer’s recent decision to green light the $2.7 billion Hugh Brinson line to Dallas/Fort Worth suggests electric power customers are lining up for Permian Basin gas. This post appeared first on Hart Energy.
Read More...PennEnergy Resources, LLC, the 11th largest shale driller in Pennsylvania, agreed to a “deal” with the Biden Department of Justice (DOJ), the Biden Environmental Protection Agency (EPA), and the Josh Shapiro Department of Environmental Protection (DEP) to pay a $2 million fine and spend another $3.6 million on “upgrades” related to air emissions at its…
Read More...Yesterday, the U.S. Energy Information Administration (EIA) reported five states produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production in 2023. Two of the five were in the Marcellus/Utica: Pennsylvania (18% of the country’s gas) and West Virginia (8% of the country’s gas). We…
Read More...The environmental left is hellbent on regulating fossil fuels, including oil and natural gas, out of existence. One of their favorite (false) memes is to claim methane is a bazillion times more “potent” in causing global warming than other things, like carbon dioxide. The false narrative continues that shale drilling is causing a stratospheric increase…
Read More...The U.S. Energy Information Administration (EIA) issued its latest monthly Short-Term Energy Outlook yesterday, the agency’s monthly best guess about where energy prices and production will go in the next 12 months. In October, the EIA predicted the average spot price for natural gas would be $3.10/MMBtu in 2025 (see Oct. STEO Predicts Lower Output,…
Read More...