Industrywide Issues

PA Legislature Could Block RGGI Carbon Tax by Passing SB 106

If you live in Pennsylvania and listen to (or read) the media at all, you have likely heard about Senate… Continue reading The post PA Legislature Could Block RGGI Carbon Tax by Passing SB 106 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Freeport LNG Restart Timeline Slips from October to November

The Freeport LNG export facility, located in Quintana Island, Texas, has been offline since June due to an explosion and… Continue reading The post Freeport LNG Restart Timeline Slips from October to November first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Apples-to-Apples Comparison of 2Q Revenue, Costs for M-U Drillers

Revenue, free cash flow, and even profitability for Marcellus/Utica drillers (in fact, pretty much all oil and gas drillers) were… Continue reading The post Apples-to-Apples Comparison of 2Q Revenue, Costs for M-U Drillers first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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HH Futures Price Comes Within a Whisker of Hitting $10/MMBtu

We’re carefully watching for the day when the futures price of Henry Hub natural gas passes the important psychological barrier… Continue reading The post HH Futures Price Comes Within a Whisker of Hitting $10/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Food & Water Watch Sues FERC to Block KM Pipe Expansion to NYC

Tennessee Gas Pipeline’s (TGP) plan to flow more Marcellus gas to Westchester County, NY, and New York City, to be… Continue reading The post Food & Water Watch Sues FERC to Block KM Pipe Expansion to NYC first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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21 State AGs, Led by WV, Will Challenge SEC Climate Regulations

The attorneys general for 21 U.S. states (nearly half!), led by the successful and victorious West Virginia Attorney General, Patrick… Continue reading The post 21 State AGs, Led by WV, Will Challenge SEC Climate Regulations first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Windfall Profits Tax on Ohio Oil & Gas Discussed by Economists

Earlier this year, one of the biggest nutjobs in Congress, Sen. Sheldon Whitehouse (Democrat-RI), introduced an excise tax, which he… Continue reading The post Windfall Profits Tax on Ohio Oil & Gas Discussed by Economists first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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O&G Private Equity Investment Picks Up in Europe, Falls Off in US

Even with huge profits the likes of which haven’t been seen since, well, maybe forever–fossil energy companies in the U.S…. Continue reading The post O&G Private Equity Investment Picks Up in Europe, Falls Off in US first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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NatGas Hottest Commodity in World – US Price Up 100%, Europe 700%

According to Bloomberg, natural gas is “the hottest commodity in the world” right now. Since the start of last year,… Continue reading The post NatGas Hottest Commodity in World – US Price Up 100%, Europe 700% first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Allegheny Co. Exec Vetoes Frack Ban Under Parks, Supports Alt Bill

As he promised to do, Allegheny County, PA County Executive Rich Fitzgerald vetoed a horrible bill passed by County Council… Continue reading The post Allegheny Co. Exec Vetoes Frack Ban Under Parks, Supports Alt Bill first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Conservatives Launch Funds to Counter Activist Climate Investing

Sometimes it’s hard not to despair when you see big investment firms aggressively trying to defund oil and gas companies… Continue reading The post Conservatives Launch Funds to Counter Activist Climate Investing first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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DOE Spends $2.6B from Infra Bill on Carbon Capture Projects, Pipes

Last November, Congressional Democrats (and a few RINO Republicans) passed the $1.2 trillion boondoggle referred to as the Biden infrastructure… Continue reading The post DOE Spends $2.6B from Infra Bill on Carbon Capture Projects, Pipes first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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API Grows a Spine: Attacks Biden Trip Begging for OPEC Oil

You know we’re not big fans of the American Petroleum Institute (API), an organization run by Big Oil companies (like… Continue reading The post API Grows a Spine: Attacks Biden Trip Begging for OPEC Oil first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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FERC’s Proposed Policy Changes Mean Uncertainty, Fewer Gas Projects

Under orders from the White House, earlier this year Federal Energy Regulatory Commission (FERC) Chairman Richard “Dick” Glick tried to… Continue reading The post FERC’s Proposed Policy Changes Mean Uncertainty, Fewer Gas Projects first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Tennesse Gas Pipe Explodes in McKean County – 125 MMcf/d Offline

A portion of Kinder Morgan’s Tennessee Gas Pipeline (TGP) running through Clermont, PA (in McKean County) exploded and caused a… Continue reading The post Tennesse Gas Pipe Explodes in McKean County – 125 MMcf/d Offline first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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