Last summer MDN brought you the news that the Sierra Club lost a lawsuit aimed at blocking a landfill in New York State from accepting oil and gas drill cuttings from Pennsylvania (see Sierra Club Loses Court Case to Block Drill Cuttings in NY Landfill). The C&D Hakes Landfill in Painted Post, NY (near Elmira,
Read More...For the week ending March 3, the Enverus U.S. rig count soared by another 30 rigs, an indicator that activity is picking up in the oil and gas sector. The vast majority of the rigs (27) were brought online in oil-focused plays (12 of them in the Permian alone). Just 3 net rigs were brought
Read More...There is finally movement in Ohio to repeal an odious law passed by Ohio’s Republican-controlled legislature called House Bill 6, which funnels over $1 billion from Ohio ratepayers to FirstEnergy Corporation in order to keep the company’s unprofitable nuclear power plants running (while disadvantaging other power sources, like gas-fired plants). FirstEnergy is accused of bribing
Read More...Whether or not you agree with Pennsylvania Gov. Tom Wolf’s idiotic plan to join something called the Regional Greenhouse Gas Initiative (RGGI), a carbon tax that will force PA residents to pay $2.36 billion in higher electric costs over a 10-year period (and shut down coal and gas-fired power plants), there is one thing we
Read More...Duke Energy has plans to build multiple new clean-burning natural gas-fired power plants to supply its grid over the next 15 years–some 4.7 gigawatts of new gas-fired plants (see Duke Energy Plans Lots of New Gas-Fired Plants in NC/SC/Elsewhere). Of course, anti-fossil fuel wackos are objecting. They have a “better” plan in mind for you…This
Read More...Just two weeks ago we reported on the historical, insanely high natural gas spot prices being paid across the country (see Cash NatGas Price in Oklahoma Hits $999/MMBtu; M-U Thru Roof Too). The price of gas traded at $1,200/MMBtu at one point in Oklahoma. Insane! Prices here in the M-U went sky-high too. But all
Read More...This week is IHS Markit’s CERAWeek conference. Normally it’s a huge event with over 5,000 attendees gathered in Houston, TX. Because of the pandemic, this year’s event is virtual. But still just as relevant and important. During a session yesterday, Matthew Palmer, senior director at IHS Markit, expressed a sentiment and opinion we’ve seen expressed
Read More...On Monday PennEast Pipeline filed its opening brief in a case to be heard by the U.S. Supreme Court in April. The case appeals a lower court ruling that disallows PennEast from using eminent domain to build across land owned or controlled by the State of New Jersey. PennEast calls the previous ruling by the
Read More...Two EQT Corp. shareholders filed a lawsuit in Allegheny (PA) County Court earlier this week against former top EQT executives and former EQT board members (from 2017) alleging management and the board vastly exaggerated cost reductions and operating efficiencies that would result from a $6.7 billion takeover/merger of Rice Energy. The lawsuit says the former
Read More...Banpu is Thailand’s largest coal mining company. But Banpu is far more than just a coal company. It has multiple subsidiaries in various energy industries scattered around the globe. For example, here in the U.S. Banpu partners with Kalnin Ventures and operates BKV Corporation, the American shale drilling arm of Banpu. We spotted an article
Read More...click for larger version The Southwest Research Institute (SwRI) in San Antonio, Texas has been conducting a research project for the past six years looking for a better way to frack than using millions of gallons of water. They just may have found it. SwRI is now testing a combination of highly pressurized natural gas
Read More...Yesterday the Pennsylvania Independent Fiscal Office (IFO) released their latest quarterly Natural Gas Production Report for October through December 2020 (full copy below). There are two exciting bits of news coming from this report that (so far) nobody else is reporting: (1) After eight consecutive quarters (two years) of declining natgas production from shale (comparing
Read More...The pandemic did its best to shut the world down, and maybe it succeeded in shutting down other countries–but not here in the US of A. Against an onslaught of shutdowns (particularly in “blue” states), people staying home, businesses closing, anarchy and chaos in large Democrat cities…and against an onslaught against fossil fuels by environmental
Read More...Two weeks ago MDN brought you the news that Summit Natural Gas of Maine, a regional utility company, announced plans to extend their service territory into Maine’s Midcoast region with a $90 million pipeline project (see Summit Natural Gas of Maine Plans Small $90M Pipe in Midcoast). The company’s expansion into Knox and Waldo Counties
Read More...We’re done with the American Petroleum Institute (API) if they actually do what the Wall Street Journal says they’re about to do: Endorse and support a tax on carbon dioxide–the stuff you breathe out with every breath you take. Of course, API is largely controlled by huge multi-national corporations that don’t give a #[email protected]! about
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