In June MDN told you that the Cambridge (Massachusetts) Retirement System is not happy with their investment in EQT shares of stock, so they’re suing the company (see Mass. Retirement Fund Sues EQT for Plummeting Stock Price). They hope to turn the lawsuit into a class action on behalf of other shareholders. Now a group
Read More...Tom ShepstoneNatural Gas NOW … … The Tesla solar debacle Is getting a lot of attention from Vanity Fair and a big lawsuit from Walmart. Both make great reading if you’re not Elon Musk. I don’t normally read Vanity Fair and I don’t do a lot of shopping at Walmart, but both these institutions have
Read More...Rick HidukManaging Editor of EndlessMtnLifestyles.com … … Susquehanna County landowners Edwin and Helen Mead have witnessed a renaissance as natural gas has helped them save their homestead and others prosper. Landowners Edwin and Helen Mead credit the natural gas industry for helping them keep their Bridgewater Township, Susquehanna County homestead and providing them enhanced opportunities.
Read More...Enterprise Products Partners has started gauging shipper interest in a proposed 50,000 b/d expansion of its ATEX ethane pipeline, according to S&P Global Platts. The proposed expansion would move more materials from the Appalachian Basin to the company’s NGLs storage complex in Mont Belvieu, Texas. Enterprise has been looking to boost deliveries of oil, gas, and
Read More...2020 Democratic presidential candidate Bernie Sanders is out with yet another climate proposal, this time to prosecute fossil fuel executives for causing climate change. In a tweet, the Vermont senator laid out his plan to go after certain energy companies: Fossil fuel executives should be criminally prosecuted for the destruction they have knowingly caused. #GreenNewDeal
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Tom Wolf’s latest severance tax proposal appears to be failing thanks his radical green friends who will not be satisfied with anything less than a ban. Can it be possible that the shale industry and anti-shale environmentalists (those who irrationally espouse the end of using all fossil fuels) can
Read More...Attempting to boost shareholder value, Antero Midstream Corporation has announced a $300-million share buyback program, according to Nasdaq. The company doesn’t expect the program to have any effect on its financial leverage profile. This move is expected to further increase the flexibility of its capital return program. Antero Midstream plans to run the program through
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Governor Cuomo, responding to criticism about the limited options available to residents choosing New York license plate designs, offers one for upstate? Andrew Cuomo is receiving some heavy criticism regarding his New York license plate proposal. He is committed to updating New York license plates and has offered
Read More...The shale industry alone drove 10 percent of the growth in the U.S. economy’s gross domestic product from 2010 to 2015, according to a new study by the Federal Reserve Bank of Dallas showing how oil and natural gas deliver wins for the larger economy. During the same years, crude oil production jumped from 5.5
Read More...... … … The concept of a renewables reality is a foreign one to those wrapped in the ideology of the green new deal, but the problems with renewables cannot ignored. Mark Mills has a new report and an op-ed in the Wall Street Journal entitled “If You Want ‘Renewable Energy,’ Get Ready to Dig” that point out the physical
Read More...Congressman Bill Johnson recently visited Shell’s $6 billion cracker plant in Beaver County, Pennsylvania, according to 33 WYTV. Following his tour last week, the congressman said he said the plant will have a huge impact on local energy needs. Additionally, he believes about 6,000 people could be working on the Monaca construction site by the
Read More...The Atlantic Coast natural gas pipeline has run into another problem, being cited for “unsafe construction practices at work sites” by the U.S. Pipeline and Hazardous Materials Safety Administration, according to Kallanish Energy. According to the PHMSA, the company failed to follow written specifications or standards in ditching and laying pipe. Dominion Energy Transmission has
Read More...The organization behind Climate Liability News (CLN), a dark money anti-oil and gas activist website set up to promote climate lawsuits, may be violating Maryland state law, according to the Daily Caller. A complaint filed by attorney Cleta Mitchell alleges that CLN’s parent organization failed to register with its home state and asks state officials
Read More...The U.S. District Court of Maryland this week blocked construction of a pipeline under state-owned land in western Maryland, agreeing with Maryland Attorney General Brian E. Frosh that Columbia Gas Transmission should not be allowed to move forward with the project. Columbia Gas filed its lawsuit May 17 after the Maryland Board of Public Works
Read More...Tom ShepstoneNatural Gas NOW … … American oil and gas completely dominated the global energy market in 2018. We’re the king of the hill in oil and in gas with tremendous growth in 2018. Another great article from the Energy Information Administration (EIA) provides ever more proof green energy scammers have been lying to us.
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