As we’ve stated many times, we’re not fans of so-called “net zero.” Net zero emissions refer to balancing the amount of greenhouse gases (GHG) emitted into the atmosphere with an equivalent amount of GHG removed, resulting in no net increase in atmospheric GHG concentrations. Scope 1 and 2 emissions are part of the broader framework…
Read More...The volume of natural gas flowing to U.S. LNG export facilities on Friday was on track to hit 14.6 billion cubic feet (Bcf), just shy of the all-time high of 14.7 Bcf recorded one year ago, in December 2023. The reason for the near-record high is that all LNG export facilities, including the up down…
Read More...We don’t begin to get excited about the price of natural gas unless and until it’s above $3/MMBtu and it stays there for a while. We’re there. Yesterday, the “front month” contract for NYMEX Henry Hub natural gas closed up 6.2 cents (1.8%) at $3.43/MMBtu. Over the past two days, the price closed up 30.2…
Read More...Ravi Srivastava The hits continue to roll in from Hart Energy’s DUG Appalachia event held in Pittsburgh earlier this month (two days after the election). Jordan Blum, editorial director for Hart, did a sit-down interview with Ravi Srivastava, president of new technologies for CNX Resources. The conversation was ostensibly about the important role of data…
Read More...Miami LNG (click for larger version) We’ve talked plenty about the big LNG export facilities scattered along the Gulf Coast that export a fair amount of Marcellus/Utica molecules (and the two LNG export sites on the East Coast, both of which export 100% M-U molecules). We now and again talk about some of the smaller…
Read More...In October, MDN told you about a Congressional investigation looking into the Department of Energy’s use of a prematurely released “study” as an excuse to “pause” (i.e., ban) new LNG export approvals (see Congress Probes Role of Bob Howarth Study in DOE LNG Pause). Cornell professor Robert Howarth, using money from the anti-fossil fuel Park…
Read More...In the spirit of doing the maximum amount of damage to the fossil fuel industry before being pried out of their cushy offices in the D.C. swamp, the Biden EPA last week proposed yet another onerous new regulation aimed at strangling natural gas-fired power plants. This latest attack ups the limits on emissions of nitrogen…
Read More...In October 2023, the Biden Department of Energy (DOE) published a new rule that cracks down on gas furnaces in homes, essentially phasing out many existing models and requiring new ones to meet onerous new standards (see Bidenistas Attack Your Gas Furnace with New DOE Regulations). The new DOE rule requires a 95% annual fuel…
Read More...The incoming Trump administration will have a big emphasis on natural gas, including LNG (liquefied natural gas) exports. Lazy journalists and lazy economists try to scare the general public into believing more (new) LNG exports from this country will cause the price of domestic natural gas to skyrocket. Their arguments presume no increase in natgas…
Read More...The Pennsylvania Department of Environmental Protection (DEP) is aiding and abetting radical environmental groups in circumventing the state legislature. In what amounts to a classic leftist “sue-and-settle” case, radical environmental groups (including the Clean Air Council and Environmental Integrity Project) petitioned the state Environmental Quality Board (EQB), asking the board to amend 25 Pa. Code…
Read More...click for larger version Shell’s 97-mile Falcon ethane pipeline, which feeds 100,000 barrels a day of Marcellus/Utica ethane to the mighty cracker plant in Beaver County, PA, was built and running as of January 2021, well before the cracker itself was finished (see Shell Cracker Construction “in the Home Stretch” – Ready in 2022). Ironically,…
Read More...A key issue has come about with the rapid increase in carbon capture and sequestration (CCS) projects around the country, including right here in the Marcellus/Utica region. Where does one store (sequester) all that carbon dioxide (CO2)? The answer is underground in a Class VI injection well. Class VI wells are a relatively new classification…
Read More...We have fantastic news to share. Elba Island LNG, which accepts and liquefies Marcellus/Utica molecules just offshore from Savannah, Georgia, received approval from the Federal Energy Regulatory Commission (FERC) last Thursday to expand the facility to produce an extra 0.4 million metric tons/year (mmty). By our calculations, that would mean an extra 16.4 billion cubic…
Read More...The Federal Energy Regulatory Commission (FERC) was busy last Thursday during its latest open meeting. Not only did the commissioners approve an expansion for Elba Island LNG, they also approved a meter station project that will connect the Rover pipeline in Washington County, PA, to Energy Transfer’s Revolution Cryogenic Facility, a facility that extracts natural…
Read More...The analysts at the federal U.S. Energy Information Administration (EIA) are cautioning (we’d call it warning) that the global natural gas market may experience a tighter supply-demand balance this winter than in the prior two winters. Why? Several reasons, chief among is the coming colder winter. El Niño changes to La Niña this season. La…
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