Shale Gas News – April 29, 2023

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Shale Gas NewsBill desRosiers
External Affairs Coordinator, Coterra Energy
Host, Shale Gas News

The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about Chesapeake Energy, Renovo power plant, natgas production and much more last week.

The Shale Gas News has grown again to the Williamsport area on stations WEJS 1600 AM & 104.1 FM. The Shale Gas News is now broadcasting in Bradford, Lackawanna, Lancaster, Lebanon, Luzerne, Lycoming, Pike, Sullivan, Susquehanna, Tioga and Wayne Counties, as well as in greater central PA and now the Williamsport area. The Shale Gas News is aired on Saturday or Sunday depending on the station.

Every Saturday Rusty Fender, Matt Henderson and I host a morning radio show to discuss all things shale gas.

Shale Gas News

The Shale Gas News, typically, is broadcast live. On the April 29th show (click above), we covered the following new natural gas territory (see news excerpts below):

  • Chesapeake Makes Slow Progress Cleaning Up Spills at NE PA Pad.  There is an ongoing issue with cleanup at a Chesapeake Energy well pad in Bradford County, PA. The Pennsylvania Dept. of Environmental Protection (DEP) showed up at the site to conduct an inspection earlier this year, in January. The DEP inspector found “multiple pools and puddles on the site contaminated with drilling wastewater and possible fracking chemical fluids.” The DEP issued a notice of violation (NOV) for failing to prevent contamination from being discharged on the site. Chesapeake promised to get it cleaned up. Yet, in multiple repeat inspections since then, inspectors have continued to find contaminated fluids on the ground.
  • Forest Service Issues Final EIS to Mountain Valley Pipe 3rd Time. Yesterday the 303-mile, 94% complete Mountain Valley Pipeline project received a Final Supplemental Environmental Impact Statement from the U.S. Forest Service, clearing the way for the pipeline to get built through a piddly 3.5 miles of Jefferson National Forest. Ring the bells! Dance for joy! Blow the party noisemakers, right? Wrong. This is the third time this same permit has been issued. Nobody was impressed. We only found a single news story about it. The stock of Equitrans, the builder, moved up one penny on the news. Why the muted response? Because everyone has seen this movie before.
  • Natural Gas is the New Oil – World Events Affect Price Everywhere. Some interesting insights from S&P Global Commodity Insights into how the world has changed. S&P’s analysts say the Russia-Ukraine war is in the process of “resetting” the energy sector, with natural gas turning into a global and interconnected market affected by events and dynamics far beyond its traditional physical scope. In fact, S&P says natural gas is now similar, to some extent, to what oil used to be for decades. We will explain.
  • PA NatGas Production Dropped in 2022 – 1st Time Since Shale Began.  We spotted a post by the U.S. Energy Information Administration (EIA) that, at first glance, we thought, “Yeah, we know that, and we’ve talked about it.” But on second glance, and after searching our own archives, we came to the conclusion that perhaps we haven’t talked about it. At least not plainly. The “it” we’re talking about is this: In 2022, Pennsylvania’s annual natural gas production *decreased* for the first time since the shale revolution began. Which is notable.
  • Bad Guys Win – Builder Cancels $1B Renovo Gas-Fired Power Plant. The same three radicalized environmental groups that have repeatedly attacked the $1.1 billion Renovo Energy Center (REC), a Marcellus gas-fired power plant planned for Clinton County, PA, have finally won. The Clean Air Council, PennFuture, and the Center for Biological Diversity (all completely radicalized fossil fuel bigots) have repeatedly challenged permits for REC. Last week the builder of the project, Bechtel Corp., announced it is pulling out of the project which has been in the planning stages for eight years. The reason for canceling the project is because of “the ongoing appeals from environmental groups.” What a tragedy.

The Shale Gas News sponsored by Linde Corporation

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