March 18, 2019 Updated 3/18/2019 Email Print Plastics recycler and strapping maker Polychem Corp. is being sold. The Mentor, Ohio-based company, which makes both PET and polypropylene strapping, was acquired by The Sterling Group, a private equity firm based in Houston. Polychem, located in the eastern suburbs of Cleveland, has been family owned since the
Read More...Tom ShepstoneShepstone Management Company, Inc. The shale revolution is just destroying its enemies, with record production of natural gas, growing exports and long desired energy security for the United States. The Energy Information Administration (EIA) is out with stunning statistics on the impacts of the shale revolution. The data is simply overwhelming; the shale revolution
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about LNG demand, new compressor stations, PTT cracker plant and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH
Read More...Tom ShepstoneNatural Gas NOW … … Fractivism is nihilism unleashed. It espouses destruction of any existing order with a view toward replacing it with a utopian society led by fractivists. Nihilism is the denial of any meaningful aspects to life. Its adherents typically believe the only thing that matters in the least is power; the
Read More...Victor FurmanUpstate New York Landowner, Shale Gas Activist …. …. Vic Furman and Frank Chernega visited with some Binghamton University students recently and offered them “fracing” spelling lesson and some other insights. This week, Frank Chernega, another guest blogger here at NaturalGasNOW, and I were invited back a second year to talk with Binghamton
Read More...Tom ShepstoneNatural Gas NOW … … New York City Comptroller Scott Stringer says he hates natural gas, the City needs no more of the stuff and it’s a step backward. Does he hate this, too? A few days ago I did a post about about New York City Comptroller Scott Stringer and his opposition to
Read More...Natural gas development in the Appalachian Basin continues to reshape the domestic energy landscape, as recent production reports from the region illustrate. New figures released by the Ohio Department of Natural Resources show production in the Buckeye state set a new state record in the latest quarter. Likewise, a recent report out of Texas shows
Read More...New legislation is making its way through the Texas Senate that could have significant and costly impacts on the state’s record oil and natural gas production, with the potential to raise energy costs for Texans and reduce funding for schools and other public services. As EID’s latest infographic explains, Committee Substitute Senate Bill 421 (CSSB
Read More...Equitrans Midstream Corp’s unit signed a deal worth $1.03 billion yesterday to take control of two pipelines that connect the Marcellus and Utica shales, according to Reuters. EQM Midstream Partners LP will purchase a 60 percent stake in Eureka Midstream Holdings LLC and all of Hornet Midstream Holdings LLC from a fund managed by Morgan Stanley.
Read More...The United States is approaching the dawn of a new American energy era, marked by energy abundance, security and choice, speakers said at this year’s CERAWeek by IHS Markit conference in Houston. Thanks to the shale revolution, the United States now leads the world in oil and natural gas production. The International Energy Agency this
Read More...More than 60 percent of the electric generating capacity installed last year was fueled by natural gas, according to the Energy Information Administration. In 2018, 31.3 gigawatts (GW) of electric generating capacity were added in the United States, while 18.7 GW of capacity were retired. Of the additional capacity, 19.3 GW resulted from natural gas-fired
Read More...The “Bomb Cyclone” (really, that’s the technical term) that’s bringing a blizzard and whiteout conditions to Colorado’s Front Range has caused businesses, schools, offices and government buildings to all shut down. But there’s one notable exception: the Colorado State Senate. While the House did not hold business today due to inclement weather, the Senate continued
Read More...Amazon’s decision to move to lightweight flexible plastic mailers over its traditional cardboard boxes will likely set a trend for the rest of the industry, according to an industry report. × “As the market leader in the U.S. e-commerce sector, Amazon is in a particularly powerful position to shape decisions on packaging preferences,” Wood Mackenzie
Read More...Plastics and petrochemicals will take on a more important role than ever in the global economy, and plastic consumption will have a bigger impact on the price of a barrel of oil, according to consultant and guest columnist Harrison Carroll. × Ok, first, let’s not get off on the wrong foot. I might be using
Read More...After spending the last couple of years exploring the horizontal well potential in north central Ohio, Cabot Oil & Gas Corp. has ceased operations in the Ashland and Richland County area, according to Farm and Dairy. The Houston-based energy company, which operates Marcellus shale wells in Pennsylvania, hoped to extract oil and gas from its
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