Tom ShepstoneShepstone Management Company, Inc. …. …. Medicine Hat, Alberta, threw a cool $12 million into a solar facility that still cannot compete with natural gas; it’s bitter medicine. This one is a pitch perfect illustration of the foolishness that is the premise green energy can compete with natural gas. It has to do with
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Colder weather? Who knew? The EIA says natural gas use is going up this winter due to this yet again “unexpected” development. The EIA put out a seemingly innocuous Today In Energy post yesterday about projected gas use this winter but it contained a somewhat surprising admission; it’s
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) “ET Go Home” seems to be the message as the Pennsylvania DEP engages in shameless projection against ET to distract from its own failures. The bad blood between Energy Transfer (ET) and the Pennsylvania Dept. of Environmental Protection (DEP) continues. ET’s Sunoco Pipeline subsidiary is desperately trying to complete
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about a methanol plant, Diversified Oil & Gas, Gulfport Energy and much more last week. The Shale Gas News has grown again to
Read More...Upper DelawareRiver Basin Citizens …. …. The UDRBC held another very successful candidate night last week and Jim Bognet exposed Cong. Cartwright as a rich Canadian interloper. The Beach Lake Fire Hall was the location of a Meet the Candidates evening hosted by the Upper Delaware River Basin Citizens (UDRBC) on October 20, 2020. The
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Anti-Fracking Crusade Running Out of Gas? Dan Markind does an election overview with respect to states where fracking has been an
Read More...Sterling BurnettSenior Fellow, Energy and Environment, The Heartland Institute … … [Editor’s Note: The real Biden/Harris Energy/Climate Plan is far more dangerous than their equivocating political statements this October.] Pundits have regularly opined about the possibility of an “October Surprise,” in the 2020 election race, a Hallowe’en trick that could change Presidential fortunes for one
Read More...Antero Resources reported a net loss of $536 million or $1.99 per diluted share in the third quarter 202, Kallanish Energy reports. That compares to a net loss of $879 million or $2.86 per share in the 3Q 2019. The loss was driven by a $749 million unrealized commodity hedge fair value loss as a
Read More...Chinese demand for natural gas is expected to grow by 10% year-on-year this winter, as a Covid-19 recovery spurs higher residential and industrial consumption, state oil companies said on Thursday. Presenting at a gas seminar in Beijing, the companies said demand during the 2020/21 peak winter season is estimated at 148 billion cubic meters (Bcm),
Read More...China’s Sinopec reported a net profit attributable to shareholders of 24.45 billion yuan ($3.64 billion) during the third quarter, while boosting natural gas sales and maintaining production levels, Kallanish Energy reports. The company said in its financial statement net profit was down 44.7% compared to the 44.22 billion yuan ($6.6 billion) recorded a year ago,
Read More...Russia’s largest independent gas producer, Novatek, saw its production rise 4.5% year-on-year during the third quarter of 2020, despite a slight decline in total sales volumes, Kallanish Energy reports. The company said in its Q3 results that total gas production reached 19.13 billion cubic meters (Bcm) in the July-September quarter, up from 18.31 Bcm a
Read More...Royal Dutch Shell said Thursday it is starting a new era of dividend growth, as it announced a portfolio reshape to meet cleaner energy needs, Kallanish Energy reports. The supermajor decided to raise its dividend by 4% to 16.65 cents in the third quarter and annually thereafter. In April, it had slashed the payout by
Read More...ConocoPhillips has reported a third quarter 2020 net loss of $450 million or 42 cents per share, Kallanish Energy reports. That compares to 3Q 2019 net earnings of $3.1 billion or $2.74 per share. Third quarter 2020 adjusted earnings were a loss of $300 million or 31 cents a share, compared with 3Q 2019 adjusted
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … Painterland is the name of a very special farm where natural gas and organic dairy products are still produced thanks to natural gas. October is Farm to School Month in Pennsylvania, and Oct. 12 was National Farmers Day. Many in the agricultural industry take this month to help people
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Lansing is the dying part of Planet Ithaca where no one can get the natural gas they need thanks to NYSEG and pipeline opponents. What is happening in Lansing, NY is absolute insanity possible only in the political correct worlds of places such New York and, especially Planet
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