The experts at NGI (Natural Gas Intelligence) have poured over the numbers found in Form 552s filed with the Federal Energy Regulatory Commission (FERC). Form 552 is the Annual Report of Natural Gas Transactions–the buying and selling of natural gas. From the data, NGI produced two very useful lists. One is the top 25 buyers
Read More...Last year after the shocking news that U.S. Senator Joe Manchin (from West Virginia) had sold out his state and the entire country by agreeing to support the misnamed Inflation Reduction Act (IRA) bill, the details began to come out about just how bad this law really is for the oil and gas industry. First
Read More...Freeport LNG’s export terminal with three liquefaction “trains” shut down in June 2022 after an explosion and fire (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). What was originally thought to be a three-week outage lasted for ten months! The plant finally returned online at the end of March this year
Read More...It took an Act of Congress, but the 303-mile Mountain Valley Pipeline (MVP), which stretches from Wetzel County, WV, to Pittsylvania County, VA, will be, according to the builder and primary owner, Equitrans, completed and online by the end of this year (see Equitrans Announces Mountain Valley Pipe to Get Completed in 2023). Equitrans had
Read More...In May, the Bidenistas at the Environmental Protection Agency (EPA) released a hellscape of new regulations aimed at forcing coal- and natural gas-fired power plants to close (see New Biden EPA Regs a “Death Sentence” for Fossil-Fuel Power Plants). West Virginia coal, oil, and natural gas stakeholders, along with state politicians, are unhappy. There is
Read More...The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for June issued yesterday (below) shows a slowdown in the growth of natural gas production for the seven shale plays covered in the report. That does not mean we will produce less gas from shale in the coming month; it means the growth
Read More...Two major Marcellus/Utica drillers–Seneca Resources and Northeast Natural Energy (NNE)–have joined the CG Hub, the world’s first commodities trading platform focused exclusively on certified natural gas and certified natural gas certificates. Seneca and Northeast now provide access to a combined 1+ billion cubic feet per day (Bcf/d) of certified natural gas to traders via the
Read More...Is shale energy beginning to peter out? We’re beginning to see stories in oil and gas publications about how the best locations to drill for shale oil and gas are gone, and the less desirable, less productive locations are now left. We don’t know if that’s true, but it seems people whose multi-billion-dollar businesses depend
Read More...According to Baker Hughes, which has tracked rig counts since 1944, drillers cut the rig count once again last week (overall by a single rig), the sixth week in a row when the rig count has gone down. This is the first time the U.S. oil & gas rig count has gone down six weeks
Read More...Last June (one year ago), the story broke that Penn LNG, headed by Franc James, a native of Philadelphia, had “quietly lined up support to build a $6.4 billion liquefied natural gas export terminal near Philly.” Not wanting this golden opportunity to die from opposition by radicalized environmentalists, Pennsylvania State Rep. Marina White (Republican from
Read More...Researchers with Ohio Northern University recently published a study that finds that fracking for Utica Shale sometimes (“episodically”) reduces small Eastern Ohio River basin stream levels. The fluctuations in those stream levels “could” (but not necessarily do) negatively impact aquatic life (ecosystems) in those areas. The situation should, according to the researchers, be confirmed by
Read More...We spotted a press release from an energy company that works in New York State called Dandelion Energy. (Interesting to name your company after a weed.) Dandelion is delighted with the leftists who rule in NY and are poised to enact a new law that allows drilling deep wells for geothermal systems (that Dandelion sells),
Read More...Last week the U.S. Energy Information Administration (EIA) shared some information that, strangely, has not been written about by mainstream media. Not a mention, not a peep. EIA found that U.S. electricity generation from natural gas was the highest it has ever been this past winter, 2022-23. U.S. electricity generation from natural gas reached a
Read More...In 2021 as he was running for the office of Governor in Virginia, Glenn Youngkin pledged if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). True to his word, after winning, Younkin pledged to ax RGGI with an
Read More...A radicalized left-wing organization hellbent on forcing the end of fossil energy called Evergreen Action, along with another radical nonprofit called Ceres, partnered and paid a for-profit company called Synapse Energy Economics (that works exclusively for left-wing groups) to produce a completely sham and false “report” that (try not to laugh) claims Pennsylvania residents will
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