Yesterday Toby and Derek Rice delivered a presentation to EQT investors in connection with EQT’s upcoming annual meeting of shareholders on July 10 (full copy below). The presentation and the accompanying press release take direct aim at EQT’s second quarter preliminary results and postulates that instead of a “free cash flow generating machine,” the final
Read More...A group of enviro-Nazis has sunk to a new low in their holy mission to block Marcellus Shale drilling. A group of colluding Big Green groups along with sympathetic (and sycophantic) “reporters” (i.e propagandists) from the Pittsburgh Post-Gazette are exploiting the pain and suffering of southwestern PA families of children who have cancer in their
Read More...NJ Transit is planning to build a 140-megawatt natural gas-fired electric plant in Kearny, NJ to power a microgrid that in turn would power rail lines during weather emergencies and power outages. The state is using federal money allocated to improve reliability and resilience of mass transportation during weather events to fund the project. This
Read More...Two oilfield service (OFS) companies, C&J Energy Services and Keane Group, have announced a “merger of equals” in which the two will combine into one with using an all-stock merger. Both C&J and Keane have operations in the Marcellus/Utica region. Both companies previously merged with or bought out other companies. This certainly seems to be
Read More...Michael LynchPresident, Strategic Energy and Economic Researchand Master Resource Contributor … . .. John Michael Greer, like other modern-day Malthusian crackpots, is making a living scare-mongering but his facts don’t add up and his theories are nonsense. A review of John Michael Greer’s essay-collection book, Collapse Now and Avoid the Rush, provides a good summary of
Read More...Victor FurmanUpstate New York Landowner, Shale Gas Activist …. …. Vic Furman relates his experience dealing with a solar sales pitch from a naive millennial who simply bought into “green energy” before thinking it through. About a week ago a friend told me he was visited at his home by a person who opened
Read More...An article published by the Pittsburgh Post-Gazette, “The Human Toll: Exposure and risks in the gas lands,” is stirring up quite the debate in Pennsylvania. Its release was followed by requests from environmental organizations urging Gov. Tom Wolf halt new permits for fracking until the state investigates the information included in the report. “The Human
Read More...Garland L. Thompson, Esq.Journalist and Author, Philadelphia Garland Thompson explains what really happened with the Gibbstown LNG deal. It reveals New Jersey duplicity more so than it does DRBC double-dealing. Let’s think again about that DRBC unanimous vote supporting New Fortress Energy’s shipping pier for its truck-mounted LNG export plan. From this vantage, it’s more
Read More...Daniel B. Markind, Esq.Flaster Greenberg PC The folly of the unilateral energy disarmament being practiced on the West Coast and in New England shows the U.S. is being made less secure by fractivism. Two attacks on oil tankers in the Strait of Hormuz have set the energy world, and the world at large, on edge. It
Read More...The West Virginia Supreme Court recently sided with Antero Resources Corp. in a case brought against the company by Harrison County landowners, according to the Charleston Gazette-Mail. The court upheld a lower court ruling that threw out a collection of lawsuits that argued Antero’s operations in the Cherry Camp area had created a nuisance. Furthermore,
Read More...Rice Drilling LLC and Ascent Resources Utica LLC received a combined 11 new permits for horizontal wells in the Utica shale during the week ended June 8, according to the latest data from the Ohio Department of Natural Resources. Rice Drilling LLC was awarded six permits to drill in Belmont County. Ascent Resources Utica LLC
Read More...New York Attorney General Letitia “Tish” James’s case Martin Act case against ExxonMobil is still in pre-trial hearings, but Justice Barry Ostrager is already losing patience. On Monday, at an initial hearing to discuss dismissing five of ExxonMobil’s defenses and other pre-trial motions, Justice Ostrager pushed the AG’s office to whittle down its lengthy witness
Read More...“Keep It In the Ground” activist groups have added a self-proclaimed “sophisticated” effort to their misinformation campaign to stop oil and natural gas leasing on federal lands. The groups have bolstered their total war approach by filing formal protests to nearly every lease application across the country in hopes of overwhelming the Bureau of Land
Read More...The United States shattered the previous record for the largest single-year increase in oil and natural gas production in 2018, according to BP’s annual Statistical Review of World Energy. Last year proved to be a truly transformative one for American energy dominance: Although the United States holds less than 4 percent of the world’s oil
Read More...Unconventional wells, drilled deep into shale formations across the United States, continue to account for an increasing share of crude oil and natural gas production in the United States, according to the Energy Information Administration. From 2004 to 2018, production from horizontal wells jumped from 15% to 96% of U.S. crude oil production in tight
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