The great folks at Steel Nation, headquartered in Canonsburg, PA, have built over 2,200 compressor stations and other structures for the oil and gas industry in the Marcellus/Utica (and beyond) over the past 17 years. Last November, Steel Nation announced it had launched a new division to build electric microgrids for companies looking to create…
Read More...For the fourth week in a row, the Baker Hughes U.S. rig count added rigs—to the highest level since last June! Three weeks ago, the rig count gained four rigs to 586. Two weeks ago, the count regained another two rigs to 588. Last week, the count added four new rigs for 592. Note that…
Read More...On President Trump’s very first day in office, he signed an executive order called “Declaring a National Energy Emergency” (see Trump EO Declares National Energy Emergency – “Drill, Baby, Drill!”). Trump’s EO prioritizes completing energy infrastructure projects, like pipelines. It specifically talks about the Clean Water Act’s Sections 403 and 404, which states like New…
Read More...EQT President and CEO Toby Rice joined CNBC’s ‘Mad Money’ host Jim Cramer on Friday to talk about the state of the energy sector, natural gas prices, energy development, and more. Rice claimed that natural gas will be a major source of power for the burgeoning AI boom. “We firmly believe that natural gas is…
Read More...Pennsylvania State Senator Katie Muth (Democrat from Berks, Chester, and Montgomery counties) is clever and dedicated in her mission to halt shale drilling in the Keystone State. We’ve written plenty about Muth over the years (see our stories here). She’s attempted to block shale wastewater treatment facilities from getting built. She has a new target:…
Read More...We’re still coming to grips with understanding how the power generation market works with respect to providing electricity for AI data centers. Data centers can potentially be huge and important new customers for natural gas—especially Marcellus/Utica molecules, as some 25% of all the data centers currently operating in the country are located in northern Virginia,…
Read More...At the end of December, Venture Global’s Plaquemines LNG export facility officially shipped its first cargo…to Germany (see Venture Global’s Plaquemines LNG Ships First Cargo to Germany). Unfortunately for Venture Global’s contracted customers, they will have to wait to receive their legally contracted shipments. Venture Global has admitted it will (as it has with its…
Read More...For years, we’ve warned you about the potential for insanely high natural gas costs and even blackouts in New England. We’ve written post after post after post about Massachusetts then-Attorney General (now Governor) Maura Healey, a radical leftist who has consistently blocked new pipeline projects that would deliver cheap, clean, abundant Marcellus gas to her…
Read More...An Austrian-based company claims its hydrogen-to-power projects are demonstrating the viability of using hydrogen gas engines, with some installations in Germany, the Netherlands, and South Korea using 100% hydrogen. At a company-hosted event, representatives discussed how natural gas-fired plants are adaptable for future hydrogen conversion and detailed the technical modifications required to support this energy…
Read More...The Ohio Natural Energy Institute (ONEi) is a nonprofit organization of professionals who educate people about the essential energy that makes life better, specifically focusing on natural gas and oil production. ONEi provides trusted, factual information through teacher workshops, first responder training, guest speaker programs, and more. The organization used to be called Ohio Oil…
Read More...Pennsylvania Gov. Josh Shapiro, himself a swampy career politician, has nominated another swampy career politician to stop “Acting” and become the full Secretary of the Department of Environmental Protection (DEP). Jessica Shirley, with a bachelor’s degree in political science and a master’s in public administration, has been Interim Acting Secretary of the DEP since October…
Read More...Yesterday, MDN noted the NYMEX “front month” futures price of natural gas had jumped 28.2 cents to close just above $4/MMBtu (see Wx Drives March NYMEX Price to Close at $4/MMBtu, Spot Price Higher). The price did it again. Yesterday, the NYMEX price for March delivery closed +6.8% to $4.280/MMBtu, a new 52-week high and…
Read More...Two days ago, President Trump signed yet another executive order, this one called “Ensuring Accountability for All Agencies.” We’ve lost count of how many he’s signed! This latest EO is a really, hairy, big deal. This EO gives the president sweeping control over the budgets, policies, and regulations of independent U.S. agencies that oversee the…
Read More...In January 2024, MDN brought you the news that the Pennsylvania Dept. of Environmental Protection (DEP) approved a plan by Catalyst Energy to convert an existing conventional gas production well on Route 646 in Cyclone (Keating Township, McKean County, PA) into a shale wastewater injection well (see PA DEP Approves Shale Wastewater Injection Well in…
Read More...Hold on, everyone. The NYMEX natural gas price roller coaster is climbing up the next hill, and there is no telling how high it will go—or how quickly it will go down again. Yesterday, the NYMEX “front month” (March contract) for natural gas futures based on the price at the Henry Hub soared 28.2 cents…
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