How enormously sad. The Cornell University Board of Trustees has just voted to economically harm the university and its scholarship fund by divesting from all “fossil fuels.” The board has capitulated to the crazies–those who insist on divestment because they believe in the religion of man-made global warming. If you don’t believe, you’re apostate. An
Read More...Last week MDN editor Jim Willis had the pleasure and honor of being the inaugural interviewee for a brand new podcast launched by CompressorTech2 (CT2) magazine. In case you didn’t know, for nearly two years Jim has written (continues to write) a monthly column for CT2 called Shale Play-by-Play, covering news highlights from all of
Read More...MARCELLUS/UTICA REGION: Governor Corruptocrat shows why he deserves the title; Montage Resources: swearing off debt addiction; Ohio natural gas and oil industry awards $54,000 in scholarships; Pipeline offers long-term benefits; NATIONAL: Oil CEO says US shale rebound is at least a year away; Occidental is sued by shareholders, bondholders over Anadarko merger; Joe Biden weighs
Read More...Energy-related CO2 emissions declined by 2.8 percent from 2018 to 2019, according to data recently published by the Energy Information Administration. The emissions drops in 2019 are significant when looked at beside the broader U.S. context: despite an energy consumption decline of 0.9 percent in 2019, gross domestic product increased by 2.3 percent in the
Read More...According to a new report by the Montreal Economic Institute (MEI), natural gas will drive Québec’s transition to electrification. Electrification is defined in many ways, but at its base electrification describes the adoption of electric end-use technologies. In the United States, many believe that electrification should be driven only by renewable energy such as solar
Read More...The U.S. electric power sector has surpassed the Obama Administration’s Clean Power Plan emissions reduction targets 11 years ahead of schedule, according to a new report by the Carbon Tax Center. The CPP aimed to cut carbon emissions from electricity generation by 32 percent of 2005 levels by 2030. But in 2019, the power sector
Read More...The Ninth Circuit Court of Appeals issued two rulings in favor of California municipalities that are suing energy companies for alleged costs of combating climate change, allowing one case to proceed in state court while reversing the dismissal of another. While this is being cast as a procedural victory for the cities, the panel clearly
Read More...Havertys Raises $70 Million From Deals in Florida, Texas and Virginia By Tony Wilbert CoStar News May 26, 2020 | 3:18 P.M. Add Havertys, the 135-year-old furniture chain based in Atlanta, to the list of companies
Read More...EQT announced yesterday it has closed on a deal to sell “certain non-strategic assets” to Diversified Gas & Oil (DGO) for $125 million, plus another potential $20 million later on. MDN first told you about this deal on May 13 (see Diversified Buys 900 EQT Wells (67 Shale Wells) for $125M). This is the first
Read More...Tom ShepstoneShepstone Management Company, Inc. . … If there’s one story that irrefutably establishes the corrupt nature of Governor Andrew Cuomo, Governor Corruptocrat here at NaturalGasNOW, this is it. When I labeled Andrew Cuomo as Governor Corruptocrat on these pages, some readers cheered. Others winced. I’ve stuck with it because I know it to be
Read More...Rick HidukManaging Editor of EndlessMtnLifestyles.com … … [The Endless Mountains Health System (known simply as EMHS locally) is unique in that it also operates a food bank with a little help from its friends.] Endless Mountains Health Systems (EMHS) joined a growing number of organizations in Susquehanna County, in July 2019, to help curb food
Read More...A recent report from Tudor Pickering Holt revealed the Marcellus Shale has dethroned the Permian Basin as the U.S. shale play with the most active fracking crews in the field, according to Seeking Alpha. The Marcellus Shale currently holds 31% total U.S. active frack crews in the field in May, followed by the oil-rich Permian
Read More...Last week, the Federal Energy Regulatory Commission issued a decisive blow to environmental activists by denying their motion to intervene in the approval process of the Double E Pipeline. The decision comes on the heels of a coordinated campaign to stop the construction of infrastructure across the country, amidst the COVID-19 pandemic. FERC first issued
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Pennsylvania State Senator Gene Yaw lays it all out, with unapologetic language; New York and New Jersey governors stuck it to everyone in vetoing NESE. Pennsylvania State Senator Gene Yaw, a Republican whose district covers portions of central and northeast PA, has his praiseworthy moments. This is one of
Read More...In the first month after the coronavirus ground the U.S. economy to a halt, the opportunity zone marketplace had slowed along with the rest of the commercial real estate industry. The opportunity zones program has been described by the Trump administration as a tool to inject hundreds of billions of dollars into underserved communities. In
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