The share of U.S. total utility-scale electricity generation from natural gas-fired power plants will rise from 35% in 2018, to 38% in 2019, and then decline slightly in 2020, according to the latest Steo, Short-Term Energy Outlook, produced by the Energy Information Administration. EIA/Steo forecasts the share of U.S. generation from coal will average 24%
Read More...Why do attorney general offices no longer tout their association with billionaire environmentalist Michael Bloomberg and the environmental law center he created at New York University (NYU)? Has this program, the State Energy & Environmental Impact Center (SEEIC), which has placed “Special Assistant Attorneys General” in eight state attorney general offices to push Bloomberg’s political
Read More...Pretium Packaging LLC is spending $2 million on equipment and infrastructure upgrades at a manufacturing site in Alabama. New reheat stretch blow molding equipment for PET is able to produce both hot-fill and cold-fill containers ranging in size from 6 ounces to 2 liters. Neck finishes range from 24 to 45 millimeters. Growing demand in
Read More...Pretium Packaging LLC prides itself on being different than the typical rigid plastic packaging company. And the vision of success has evolved for CEO Paul Kayser not only over his career but also during his 3½ years as leader of the Chesterfield, Mo.-based company. Pretium is not interested in being a company that consolidates acquisitions,
Read More...The United States is increasingly meeting its own energy needs thanks to American natural gas, new federal data show. Ninety percent of the natural gas used in the United States last year was produced here, according to the Energy Information Administration. For the first time since 1966, the nation experienced back-to-back years where dry natural
Read More...Toby Rice – New EQT CEO (photo credit: Pittsburgh Post-Gazette) Monumentally BIG NEWS! The Rice boys, Toby and Derek, have won the proxy fight to elect their candidates to the EQT board. In a joint announcement made this morning, preliminary results show the Rice boys prevailed in a huge upset (80% of the vote) to
Read More...Last July a group of 100+ southwestern Pennsylvania landowners sued EQT for failure to pay them rental fees for storing natural gas under their properties (see 100+ PA Landowners Sue EQT re Gas Storage Field Payments). That same group has just filed a request in U.S. District Court to upgrade the lawsuit to class action
Read More...Montage stock performance last 6 mo (click for larger version) Montage Resources, which formed in a merger of Eclipse Resources and Blue Ridge Mountain Resources (formerly Magnum Hunter Resources) in March of this year, issued an operational update on Monday. The update says the company will produce more gas than it previously forecast for the
Read More...Little by little, piece by piece, the evidence continues to mount that PTT Global Chemical and their partner Daelim Chemical will make a positive final investment decision (FID) to build a multi-billion dollar ethane cracker in Belmont County, OH. On Monday we told you the State of Ohio is investing another $30 million in the
Read More...Location of Steubenville, halfway between Monaca, PA and Dilles Bottom, OH Several weeks ago MDN editor Jim Willis attended the 2019 Northeast Petrochemical Conference and Expo in Pittsburgh. A major reason for attending such events is to connect with others in the industry. On this trip, Jim had the pleasure of meeting and talking with
Read More...In March 2016, the Federal Energy Regulatory Commission (FERC) approved Tennessee Gas Pipeline’s (TGP) Connecticut Expansion project (see FERC Approves TGP Connecticut Expansion Pipeline Project). The project involves building 13.42 miles of new pipeline loops in three states: Connecticut, Massachusetts and New York. When completed, the new looping will serve an additional 72,100 dekatherms of
Read More...New York State is so screwed. Let’s just be honest–there’s no saving the Empire State now. (We can say these things because we live here.) Following the passage of a recent law (see New York Pulls the Trigger, Commits Energy Suicide with New Law), businesses and residents are beginning to move out of the state.
Read More...MARCELLUS/UTICA REGION: Only explosion from natural gas leak came on social media; Thrasher says WV’s economy could slow after natural gas boom; Three permits issued in Ohio’s Utica-Point Pleasant; OTHER U.S. REGIONS: Berkeley to consider prohibiting natural gas in new buildings; NATIONAL: In 2018, 90% of the natural gas used in the United States was
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STEUBENVILLE — With one ethane cracker plant nearing completion and another inching closer to a construction announcement, Commercial real estate specialist Bryce Custer told Steubenville business leaders Monday they’re right where any entrepreneur would want to be: In the middle. Custer, a broker with NAI Ohio River Corridor, told members of the Steubenville Revitalization Group
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Energy independence is the result of a shale revolution that is now allowing the United States to produce 90% of its natural gas domestically and export too! Energy independence doesn’t get much clearer than this; 90% of our natural gas is now produced right here in the United
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