Pennsylvania State Sen. Gene Yaw, Republican from Lycoming County, PA, seems to have changed his mind about a severance tax on Marcellus Shale production. The Marcellus Shale Coalition (MSC) visited Williamsport in Yaw’s home district yesterday. At a joint press conference to discuss the superiority of an impact fee to a severance tax, Yaw called
Read More...New York Gov. Andrew Cuomo tried to stop a fully built, brand new natural gas-fired electric generating plant in Orange County from going operational last year by instructing his Dept. of Environmental Conservation (DEC) to deny renewing an air permit it had approved just five years earlier (see Cuomo Strikes Again: Blocks Completed Gas-Fired Plant
Read More...The Natural Gas Supply Association (NGSA) yesterday released its 2019 Summer Outlook for Natural Gas report (summary below). It’s not much different than the Winter Outlook was (see NGSA Winter Forecast: High Demand + High Production = Flat Prices). NGSA predicts natural gas demand will reach new all-time highs this summer. However, natural gas production
Read More...From time to time MDN highlights new technologies used in shale drilling. We’ve talked about companies developing alternatives to water as a fracking fluid, things like liquefied petroleum gas (LPG or propane) fracking (see eCORP Tests New Waterless LPG Fracking Method on First Shale Well), and using baby oil as a fracking fluid (see ecorpStim
Read More...MARCELLUS/UTICA REGION: PA Auditor General urges Game Commission to fix its finances, better monitor gas & oil lease revenues; Ohio House approves bill to aid nuclear, coal power plants; NATIONAL: U.S. E&Ps hold line on capex, but production genie out of the bottle as natgas, oil surge; Increased need for oilfield services could tempt majors
Read More...Sonoma, Calif. — Bans, taxes and warm feelings about saving the planet are great, but plastics recycling remains woefully underfunded. That was the sentiment at the Western Plastics Association’s annual conference in Sonoma. “People talk about roads, but recycling is infrastructure too,” said Lee Anderson, director of issues management and state government relations at Minneapolis-based
Read More...Veolia Environment SA’s United Kingdom operations made a £1 million ($1.26 million) investment in its Dagenham, England, plastic recycling facility, near London, in response to growing demand for recycled plastics. A founding member of the United Kingdom’s Plastic Pact, Veolia said it had increased its food grade production by 20 percent to meet the manufacturers’
Read More...Vermont lawmakers have adopted one of the toughest measures in the U.S. against single-use plastic packaging, banning both plastic bags and expanded polystyrene food containers, amid a flurry of activity in other states. California legislators, for example, adopted their own ambitious bills in late May that call on state regulators to create a comprehensive plan
Read More...Tom ShepstoneNatural Gas NOW … … Northeast gas shortages are what really matter when it comes to fighting back against fracking bans, pipeline obstruction and other fractivist initiatives. There is no doubt the Northeast (everything east from Pennsylvania) is at war over natural gas. Fractivists have been able to successfully demagogue the issue in places
Read More...California regulators Thursday approved PG&E Corp.’s plan to impose blackouts this summer across large swaths of its territory to prevent major wildfires — and told customers don’t count on reliable electric service as the fire season gets underway. The California Public Utilities Commission approved PG&E’s “wildfire mitigation plan,” in which blackouts could conceivably hit every
Read More...Crude oil prices plunged Thursday on a smaller-than-expected decline in U.S. crude inventories and fears of a global economic slowdown due to the U.S.-China trade war, Kallanish Energy understands. The U.S. Energy Information Administration reported crude stockpiles fell nearly 300,000 barrels last week, less than the 900,000 Bbl decline analysts forecast in a Reuters poll, and
Read More...Columbus Business First compiled a list of Ohio’s top 10 shale oil and gas producers in 2018. The list is as follows: Ascent Resources Utica LLC Gulfport Energy Corp. Rice Drilling D LLC Chesapeake Exploration LLC Antero Resources Corp. Eclipse Resources I LP CNX Gas Company LLC Equinor USA Onshore Properties XTO Energy Inc. Gulfport
Read More...Crestview Partners LP has jumped into the mold and tooling sector — a place where few private equity companies have gone — to purchase Concours Mold Inc., a big Canadian automotive mold maker with a multinational footprint. And the New York-based Crestview wants to buy more mold makers. “Certainly, we’re looking to deploy meaningful capital
Read More...Major mold maker Tooling Tech Group has purchased Alpha Integration Inc., a company in Murfreesboro, Tenn., that provides custom automated assembly and inspection equipment. Tooling Tech announced the acquisition May 30. Terms were not disclosed. Alpha Integration employs about 45 people. The company will continue to operate out of its Murfreesboro location while its business
Read More...Tom ShepstoneNatural Gas NOW … … Coal to gas switching in electric generation has averted 95 million tons of CO2 emissions and reduced them by 15% from what they would have been. Anyone worried about CO2 emissions ought to absolutely love natural gas. Coal to gas switching with respect to electric generation has had a
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