What is it with the recalcitrant members of the Delaware River Basin Commission (DRBC)? As we told you a few weeks ago, the DRBC is being sued by a Wayne County, PA landowner–who stands an excellent chance of winning (see DRBC Frack Ban Heading for Defeat in October Trial). The lawsuit argues DRBC does NOT
Read More...Tom ShepstoneShepstone Management Company, Inc. . … It isn’t just Texas. It’s also Oklahoma and it’s a life or death situation in many cases with natural gas reserves being critical. The situation in Texas is getting all the attention, but it’s also Oklahoma. The cold weather global warmists keep telling us is behind us is
Read More...Similar to petitions filed by energy producers in climate change lawsuits brought by Boulder, San Mateo County, Baltimore and Rhode Island, the companies are asking the U.S. Supreme Court to address the question of jurisdiction, this time challenging an appellate court decision that reviewed Oakland and San Francisco’s cases. In addition to requesting the high
Read More...In a recent Minneapolis Star Tribune op-ed, Minnesota Attorney General Keith Ellison swears that his office has been completely transparent about the climate lawsuit it filed against energy companies and trade associations in June 2020. However, rather than extricating him from the public criticism being leveled against his office around the case – specifically, the
Read More...Tom ShepstoneShepstone Management Company, Inc. . … Texas made one heck of mistake investing in wind energy but Texas natural gas has come to the rescue of a lot of ERCOT arses. Texas has done so many things right, but it got one big thing wrong went it went whole hog into wind energy. One
Read More...So, global G ... … …[Editor’s Note: Things are bad in Texas, otherwise a great state, due to foolish reliance on wind energy for more and more of its electricity.] In Texas, a cold snap resulted in wholesale electricity market prices at all-time highs in the $1000s of dollars per megawatt hour over Presidents’ Day weekend. That
Read More...Approvals for onshore oil and gas permits in the lower 48 fell by 10% in January with declines across all major basins, according to the most recent monthly statistics compiled by Evercore ISI. Last month permit approvals decreased to 1,688 — a 10% decline month-over-month when compared to December. Permitting in natural gas-focused plays fell
Read More...When the Biden Administration announced a ban on permitting and leasing for oil and natural gas development on federal lands, it argued the policy was needed to protect the environment and address climate change. “In my view, we’ve already waited too long to deal with this climate crisis,” President Biden said after signing the executive
Read More...Natural gas has long been a critical component of our energy mix, and U.S. consumers recognize the value of an environmentally friendly resource that is both reliable and affordable. As cities begin to consider bans on natural gas connections in new buildings, however, a new Morning Consult poll reflects a distinct split in public opinion
Read More...The U.S. oil and natural gas rig count increased by one rig to 457 during the week ended Feb. 10, according to Enverus. However, growth slowed from double-digit increases during the previous two weeks. The week’s single net rig was added on the oil side as oil rigs reached 338. Natural gas rigs decreased by
Read More...The global petrochemical market is projected to grow by as much as 5% a year until 2030 from $435 billion to $729 billion, according to Precedence Research, a Canadian marketing research organization. The increase in petrochemical consumption will be driven by the increasing use of petrochemicals in industrial applications such as construction, automotive, aviation, food,
Read More...Chesapeake Energy emerged from Chapter 11 bankruptcy proceedings in leaner shape and with a new strategic focus to turn its attention to natural gas, according to Forbes. The company’s exit from bankruptcy comes amid renewed optimism about the future prospects for natural gas, both in terms of price and usage around the world. Chesapeake CEO Doug
Read More...For Valentine’s Day this year, park rangers at South Padre Island in Texas would like to remind you to hold onto your balloons. Literally. The park notes that balloons often end up along the shoreline and in water if they are not disposed of properly. One family recovered 60 balloons from just one small section
Read More...Occidental Petroleum Corp. said on Feb. 11 it had restored a major portion of its CEO’s base salary, nearly a year after its management and employees were forced to take a pay cut to battle one of the industry’s worst downturns. CEO Vicki Hollub’s salary was restored to $1 million, effective Jan. 1, with the
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … Moody and Associates is an environmental services company that has become an important part of the natural gas supply chain. Few, if any, of our industry partners have been around as long as Moody and Associates. They have been providing groundwater and environmental services for businesses, municipalities
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