While little is agreed upon across the aisle these days, we’ve seen clear evidence this election cycle that U.S. energy security is a top priority for Americans, and that both Democrats and Republicans agree oil and natural gas has an important role to play in the future. Energy has featured prominently in races up and down the ballot,
Read More...In July, when Dominion Energy announced it had decided to exit the natural gas pipeline business by selling it to Warren Buffett and cancel the much-needed Atlantic Coast Pipeline project, the company said it would retain a 50% ownership in its Cove Point LNG export facility and sell a 25% interest to Buffett’s company (see
Read More...Southwestern Energy Company released its third-quarter 2020 update last Friday. The company previously announced it is buying out and merging in Marcellus/Utica driller Montage Resources. During the 3Q conference call, CEO Bill Way said the company expects to close on the deal immediately after Montage Resources shareholders vote on the deal November 12. Also from
Read More...In August Pennsylvania hiked its permit fee to drill a new shale well to be the most expensive of any state in the country, from $5,000 to $12,500 (see Permit Fee to Drill PA Shale Well Officially Went Up 250% on Aug 1). New analysis by the non-partisan think tank Allegheny Institute for Public Policy
Read More...“It’s dangerous! It’s a killer! It will flow evil, nasty fracked gas! It’ll explode and kill everyone within a mile, and if it doesn’t explode, emissions from the plant will poison everyone around it anyway!” Those are the faux arguments used by radicals in Weymouth, Massachusetts to smear a compressor station built by Enbridge. All
Read More...The New Jersey Highlands Water Protection and Planning Council (“Highlands Council”) is a regional planning agency that works in partnership with municipalities and counties in the Highlands Region to help them implement the state’s 2004 Highlands Water Protection and Planning Act (the Highlands Act). The Highlands Council has just given its blessing for a Tennesee
Read More...We’re speechless (which doesn’t happen often). The liberal, anti-shale Democrats who write and manage the Pittsburgh Post-Gazette have endorsed Donald J. Trump for president! They had plenty of criticism for Trump in their lukewarm “endorsement,” but the fact they did endorse Trump is, well, big news. The Post-Gazette editors, who haven’t endorsed a Republican for
Read More...MARCELLUS/UTICA REGION: Repsol sees possible upside in Marcellus gas; Oil and gas company donates $150K to fight food insecurity; OTHER U.S. REGIONS: Democrat seeking Texas RRC post gets fundraising boost from leftists; In effort to curb emissions, state regulators probe the future of natural gas in Massachusetts; NJ building electrification not happening any time soon;
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Medicine Hat, Alberta, threw a cool $12 million into a solar facility that still cannot compete with natural gas; it’s bitter medicine. This one is a pitch perfect illustration of the foolishness that is the premise green energy can compete with natural gas. It has to do with
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Colder weather? Who knew? The EIA says natural gas use is going up this winter due to this yet again “unexpected” development. The EIA put out a seemingly innocuous Today In Energy post yesterday about projected gas use this winter but it contained a somewhat surprising admission; it’s
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) “ET Go Home” seems to be the message as the Pennsylvania DEP engages in shameless projection against ET to distract from its own failures. The bad blood between Energy Transfer (ET) and the Pennsylvania Dept. of Environmental Protection (DEP) continues. ET’s Sunoco Pipeline subsidiary is desperately trying to complete
Read More...Here are the top news stories covering Canada’s energy landscape: Alberta Nixes Limits on Oil Production, Limits Expire at End of Year The Albertan government recently announced that while it will continue to maintain its regulatory authority to curtail oil production through 2021, it has no plans to set limits over the next year. The
Read More...Dan Dinges, CEO of Cabot Oil & Gas, said last week: “2020 has proven to be the most challenging year for natural gas prices in the last 25 years, resulting from a multi-year trend of overcapitalization of both oil and natural gas assets across our industry.” Indeed. The company released its third-quarter 2020 update on
Read More...Hiber, Dutch satellite Internet-of-Things (IoT) solution startup, has launched HiberHilo, its first end-to-end solution for oil and gas well integrity monitoring on Nov. 2. HiberHilo is also the world’s first subscription service for IoT-enabled remote oil and gas well monitoring and the company will be introducing similar services for other specific use cases in 2021.
Read More...Canadian crude producers are churning out extra barrels to finish their hardest year in decades on a higher note, after Alberta’s government lifted restrictions and as demand for heavy oil surged. Some companies in Canada, the world’s fourth-largest producer, continued to post big losses in the third quarter, swelled by impairment charges related to pandemic
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