Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Pennsylvania State Senators Bartolotta and Stefano have taken on Governor Tom Wolf’s phony “Restore PA” severance tax gambit and turned it upside down. Last month, MDN told you Pennsylvania State Senators Camera Bartolotta (Washington County) and Pat Stefano (Fayette County) had beaten PA Gov. Tom Wolf at his own
Read More...Robert Bradley, Jr.Founder and CEO of the Institute for Energy ResearchPrincipal, MasterResource: A Free-Market Energy Blog.. . .. Deep Green Resistance is too frequently dismissed as a fringe group not warranting our time but a close examination shows just the opposite. It’s dangerous. “When civilization ends, the living world will rejoice. We must be biophilic
Read More...Schaumburg, Ill. — Michael Plotzke is still learning after more than 30 years on the job at Plastipak Holdings Inc. “A big part of the CFO role is looking at infrastructure and systems,” Plotzke said in his keynote address at the 2019 Plastics News Financial Summit. “And you have to understand that technology is driven
Read More...The U.S. Supreme Court has rejected hearing a case appealed from a lower court by a group of Lancaster County landowners who claim Williams and their Atlantic Sunrise Pipeline project abused eminent domain authority by building the pipeline before litigating (for years) how much money landowners should receive–landowners who refused to negotiate in good faith
Read More...In April MDN told you that Pennsylvania State Senators Camera Bartolotta (Washington County) and Pat Stefano (Fayette County) had beaten PA Gov. Tom Wolf at his own game by offering to pay for his so-called Restore PA plan, not by using a severance tax on shale production, but instead by allowing more shale drilling on
Read More...In April, West Virginia Gov. Jim Justice, who is pro-coal (because much of his personal fortune comes from coal), took a swipe at shale drillers claiming shale is responsible for the poor condition of roadways in the Mountain State (see WV Gov. Justice Blames Shale for Bad Roads, Wants Higher Taxes). The shale industry begs
Read More...Pennsylvania Attorney General, Josh Shapiro, and the anti-drilling Pittsburgh Post-Gazette, continue their tag-team effort to criminalize and humiliate Range Resources. Shapiro, a sleazy politician, is investigating so-called environmental “crimes” committed by shale companies in a bid to boost his chances of being the next nominee to run for governor (see PA AG Investigates Shale Drillers
Read More...NUR-SULTAN, Kazakhstan—Russia will carefully consider extending its oil output reduction agreement with OPEC and other producers, Russian First Deputy Prime Minister Anton Siluanov told Reuters on May 29. Moscow will weigh, in particular, the deal’s positive effect on oil prices against losses in market share to United States companies, he said. “There are many arguments
Read More...JAX LNG (click for larger version) Something’s happening in Jacksonville, Florida with respect to LNG. It seems LNG plants of various types are popping up all over in Jacksonville! Nearly one year ago Eagle LNG opened its Maxville facility which liquefies natural gas into LNG for loading onto ships that use it as fuel (see
Read More...Schaumburg, Ill. — Top management at Vital Plastics Inc. has used a data-driven approach to improve results at the custom injection molder. “When I first got here, it looked like an 18-year-old startup company,” Vital President George Hauser said May 21 at the 2019 Plastics News Financial Summit in Schaumburg. “There was a lack of
Read More...The Eastern Eagle Ford Eagle Ford operators east of the San Marcos Arch are getting analysts’ attention. One has seen its stock jump 117% this year. Another said of this side of the downturn, “Now is the fun time.” Here’s the outlook from these Eagle Ford pure players. This post appeared first on Hart Energy.
Read More...Altus Midstream Co. acquired a stake in the Permian Highway Pipeline on May 29, joining a project aimed at easing takeaway constraints that recently sent natural gas prices in the prolific basin below zero. Houston-based Altus said it exercised and closed its option to acquire a 26.7% equity interest in the Permian Highway Pipeline for
Read More...The United States is experiencing record-breaking oil and natural gas production, led by America’s independent oil and natural gas producers, according to a new IHS Markit report. The report, which was commissioned by the Independent Petroleum Association of America, finds that these independent producers – companies that do not have midstream or refining operations –
Read More...The American Energy Alliance (AEA) today released the results of a series of surveys that examined the sentiments of likely voters about tax credits for electric vehicles. The surveys were administered to 800 likely voters statewide in each of nine states, all considered important to 2020 election cycle (Missouri, Pennsylvania, Iowa, Kentucky, Georgia, South Carolina,
Read More...Broomfield City Council in Bloomfield, Colo., approved a six-month moratorium on new natural gas and oil development in the city, becoming the seventh Colorado community to impose a ban since the introduction of Senate Bill 181 in March. The moratorium passed unanimously on second reading, halting the municipal approval process for energy development until December. “We
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