Brent crude oil spot prices will average $59 per barrel in the fourth quarter of 2019, then fall to $57/Bbl by the second quarter of 2020, $5/Bbl lower than forecast one month ago, the Energy Information Administration reported Tuesday in its October Short-Term Energy Outlook (STEO). Despite the recent increase in supply disruptions, EIA expects
Read More...The Henry Hub natural gas spot price averaged $2.56 per million British thermal units (MMBtu) in September, up 34 cents/MMBtu from August, the first monthly price increase since March, the Energy Information Administration reports in the just-released Short-Term Energy Outlook (STEO). EIA/STEO forecasts Henry Hub prices to average $2.43/MMBtu in the fourth quarter of 2019,
Read More...The share of U.S. total utility-scale power generation from natural gas-fired power plants will rise from 34% in 2018, to 37% in 2019 and 2020, the Energy Information Administration forecasts in its October Short-Term Energy Outlook (STEO). EIA/STEO forecasts the share of U.S. electric generation from coal will average 25% in 2019, and 22% in 2020, down from
Read More...Pennsylvania State Senator Daylin Leach, a Philadelphia Democrat, is proposing a constitutional amendment to ban fracking throughout the commonwealth after a recent visit to Washington County, Pa., according to KDKA 2 CBS Pittsburgh. While in Washington County, Leach toured fracking sites and met with people who live near them. Following his visit, Leach, cited cases
Read More...Rick HidukManaging Editor of EndlessMtnLifestyles.com … … Northeastern Pennsylvania students who attended the recent Think About Energy in Hazleton received an eye-opening description of gas industry opportunities. More than 120 guests were packed into the banquet room at the Valley Country Club in Sugarloaf, Luzerne County, on Oct. 2 for the Think About Energy Briefing
Read More...Tom ShepstoneNatural Gas NOW New York DEC has filed a challenge to FERC’s approval of the Constitution Pipeline. It has to read to be believed as the agency simply denies every reality. It was inevitable New York DEC would contest FERC’s approval of the Constitution Pipeline. Governor Corruptocrat tells the agency what to
Read More...... … … Green new dealers always make it sound as if their projects face no obstacles, have no impacts and are widely desired but Ocean City shows that’s not true. The Maryland Public Service Commission (PSC) approved two offshore wind projects off the coast of Ocean City in 2017. But, Ocean City officials want
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NAI Ohio River Corridor to Sponsor Shale Directories Inaugural Appalachian Basin Real Estate Conference October 08, 2019 06:00 AM Eastern Daylight Time PENN VALLEY, Pa.–(BUSINESS WIRE)–Shale Directories, the leading conference producer within the Appalachian Basin, and NAI Ohio River Corridor announce The Inaugural Appalachian Basin Real Estate Conference which will be held on December 11th and 12th at Oglebay Resort in Wheeling, West
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) PennEast Pipeline is working its way through the usual morass of enviro lawsuits and the courts are treating it fairly, which is annoying the PovertyKeeper. It’s hard to keep track of the multiple lawsuits filed against every single new natural gas pipeline project in the Marcellus/Utica. But we try!
Read More...The U.S. Supreme Court has agreed to hear Dominion Energy’s Inc.’s case to earn a key permit that would let the company’s proposed Atlantic Coast Pipeline cross under the Appalachian Trail, according to Bloomberg. The Supreme Court has agreed to rule on this permit, following a federal appeals court’s decision to throw out the permit,
Read More...courtesy Canton Repository The trucking company will begin using trains to transport its product into Carrollton. CARROLLTON James “Jim” Griffeth’s project to build a railroad track spur at a vacant industrial plant not only is expected to greatly increase his ability to bring product here, but it also will serve to return freight train traffic to
Read More...Norway’s Martin Linge offshore oil and gas project will cost $865 million more than previously expected and take an extra half year to come online, the government and operator Equinor announced on Oct. 7. The government has also raised its estimate for redevelopment of the Njord Field in the Norwegian Sea by 4.4 billion Norwegian
Read More...Enterprise Products Partners has announced it has long-term agreements that support additional expansion of the Midland to Echo crude oil pipeline system. The midstreaming giant will build a pipeline that connects the partnership’s 6-million-barrel (Mmbbl) Midland, Texas, storage facility to its Echo Terminal through its Eagle Ford system in South Texas. This line will have
Read More...The Trump administration on Oct. 4 announced it would open up over 720,000 acres of federal land in California for oil and gas development, ending a five-year moratorium on leases in the state. The U.S. Department of the Interior’s Bureau of Land Management (BLM) approved a resource management plan for the oil-rich Central California coastal
Read More...Consumer goods giant Unilever has pledged that it will cut its use of virgin plastics in half by 2025, reflecting a fundamental rethink of its products and a shift towards new business models and materials. With a plastic packaging footprint of around 700 kilotonnes per annum, the owner of brands such as Dove, Ben & Jerry’s, Lipton
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