Each year, the Oil & Gas Journal updates oil and natural gas reserves by each O&G-producing country. It’s a fascinating look at where the biggest (and smallest) oil and gas supplies exist on the planet. Would it surprise you to learn that three other countries have more (far more) natural gas reserves than we have…
Read More...NOTE: This post was updated on 12/8/23 with comments from Constellation. See below. This past May, MDN told you about a coming real-life nightmare that the Everett LNG import terminal, which accepts and regasifies foreign-sourced natural gas, may shut down following the closure of New England’s biggest natural gas-fired power plant, the Mystic Generating Station…
Read More...Pennsylvania Democrats face a conundrum. They love getting other people’s money (i.e., “government” money). They love any energy source *other* than fossil fuels (they have an irrational and deep-seated hatred of fossil energy). They even love the idea of hydrogen as an alternative energy source. But they don’t know what to do with the coming…
Read More...In May, MDN told you that since taking office in January, Pennsylvania Gov. Josh Shapiro has been a major dud — someone who doesn’t know how to lead (see Secretive PA Gov. Josh Shapiro a Major Dud Since Taking Office). He’s bereft of any idea of what to do and how to do it, especially…
Read More...Last December, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys Co….
Read More...After more than three years of “study,” the Massachusetts Department of Public Utilities (DPU) issued an order yesterday meant to signal gas utilities that they don’t have a long-term future in the state. With Order 20-80, the DPU aims to “guide the evolution of the natural gas distribution industry to clean energy” with an eye…
Read More...In early November, MDN warned you about delays with LPG (propane) and LNG ships transiting the Panama Canal on their way to Asia (see Drought Along Panama Canal Causing Delays in Propane, LNG Exports). According to the Panama Canal Authority (APC), water levels at Gatún Lake are the lowest since at least 1995 due to…
Read More...A small group of uppity Virginia landowners don’t want Mountain Valley Pipeline (MVP) crossing their horse pastures, leaving a mark. So they conspired with Big Green lawyers in a lawsuit challenging the right of the Federal Energy Regulatory Commission (FERC) to use eminent domain to build pipelines across private land. In October, the landowners filed…
Read More...Dominion Energy wants to build a liquified natural gas (LNG) storage facility in Person County, North Carolina, to enhance natural gas service reliability for residential and business customers in the growing region (see NC Residents Freak Out Over Proposed Dominion LNG Storage Tank). Dominion studied several potential sites and collected a boatload of data during…
Read More...Earlier this year, Roulette Oil & Gas LLC received approval from the federal EPA to build a shale wastewater injection well in Clara Township in Potter County, PA (see EPA Approves Potter County, PA Injection Well, Waiting Now for DEP). On March 31, the Clara Town Board passed an amended version of its 1987 ordinance…
Read More...On August 17, the Pennsylvania Dept. of Environmental Protection (DEP) posted an Interim Final Environmental Justice Policy to guide DEP’s permit application reviews and outreach efforts in environmental justice areas throughout the Commonwealth (see PA DEP Issues Interim “Final” Shale-Drilling-is-Racist Regulation). New Environmental Justice (or EJ) policies are a euphemism for regulations that prohibit drilling…
Read More...There’s been a lot of news coming from the UN COP28 climate event in Dubai. In some respects, we feel like it’s a firehose of news about leftists targeting fossil energy (even though the event is being hosted by the CEO of a fossil fuel company). COP28 runs from Nov. 30 to Dec. 12, so…
Read More...The Ohio Dept. of Natural Resources (ODNR) released production numbers for the third quarter of 2023 late last week, and nobody noticed…except MDN (thanks to a tip from a good friend). ODNR no longer issues a press release to summarize the results as they once did. We’ve got the full spreadsheet with oil and gas…
Read More...Yesterday, the Pennsylvania Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report for July through September 2023 (full copy below). There were 102 new horizontal wells spud (drilled) in 3Q23, a huge decrease of 56 wells (-35%) compared to 3Q22. However, 3Q’s spud number was up nicely from the 89 drilled in…
Read More...Yet another top-notch speaker at Hart Energy’s DUG Appalachia event in Pittsburgh was leading energy trader Dennis Kissler from BOK Financial. During his talk, Kissler said, “New England has dodged a bullet because they’ve actually seen mild winter followed by mild summer and a mild winter to the start of this year.” And, says Kissler,…
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