Shale Gas News – December 17, 2022

shale gas news
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 Geothermal drilling, FERC, fracking ban 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. This week we more of the podcast from the Power Hour with Alex Epstein with Toby Rice, the CEO of America’s largest natural gas producer, on America’s strangled natural gas potential.

Shale Gas News

The Shale Gas News, typically, is broadcast live. On the December 17th show (click above), we covered the following new natural gas territory (see news excerpts below):

  • U.S. House Investigation Of Big Oil Produces ‘Nothingburger’ Report. The U.S. House Committee on Oversight and Reform has dropped its report on a year-long investigation into the internal communications of major oil companies. The investigation promised to reveal the companies’ role in spreading “climate disinformation” and resistance to taking action to address climate change. Rep. Ro Khanna, D-Califiornia, who led the probe, told E&E News in the leadup to the report that the investigation’s findings would be a resource for climate activism for the next decade.
  • Biden Turns the U.S. Into a Shadow Member of OPEC. President Biden has urged the Organization of the Petroleum Exporting Countries to increase production of oil and criticized the cartel harshly when it declines to do so—most recently on Dec. 4. But actions speak louder than words. Under the Biden administration, the U.S. has been acting as shadow member of the cartel. America has committed itself to constrain its own supply through regulations and legislation, which has enabled OPEC to achieve record profits.
  • U.S. Department of Energy Announces Over $15 Million to Drive Down Costs of Geothermal Drilling. The U.S. Department of Energy (DOE) today announced over $15 million in funding for two projects that will reduce the cost of developing geothermal energy by generating at least a 25% improvement in geothermal drilling rates. DOE has set a goal of powering at least 40 million American homes with renewable geothermal power by 2050. Expanding this firm, flexible source of clean electricity will help meet President Biden’s goals of a clean electricity grid by 2035 and net-zero economy by 2050.
  • FERC climate reviews in limbo as Glick departs. The head of the Federal Energy Regulatory Commission had big plans at the start of the Biden administration for assessing planet-warming emissions from new gas pipelines.  But with FERC Chair Richard Glick’s time at the agency likely coming to an end, the commission’s path forward on climate assessments is as murky as ever. Glick was known in the Trump era for frequent dissents on natural gas pipeline orders, which he often said were legally infirm by not assessing whether facilities would significantly contribute to climate change.
  • End of the line for permitting bill, but 2023 fight looms. Sen. Joe Manchin’s attempt to overhaul environmental rules for energy projects failed in the Senate on Thursday, ending a monthslong effort from the West Virginia Democrat.  After the 47-47 vote, Manchin blasted Senate Republicans — most of whom voted against the measure.  “Once again, Mitch McConnell and Republican leadership have put their own political agenda above the needs of the American people,” Manchin said in a statement, citing high energy costs and the Mountain Valley pipeline, a contentious natural gas project in his state whose advancement was included in the bill.
  • The Left Cooks Up a Recipe to Ban Fracking in PA Municipalities. The leftist members of the Allegheny, PA County Council have proven just how leftward they have lurched (and how unhinged they have become). In July, the Council voted to overturn the veto of a ban on drilling for natural gas under (never on top of) county parks. The Council’s action denies taxpayers millions of dollars in revenue to fix and repair and expand county parks. County Executive Rich Fitzgerald, a Democrat himself, vetoed the idiotic ban, but the Democrats of the County Council just couldn’t help themselves.

The Shale Gas News sponsored by Linde Corporation

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