Last week’s Air Quality Control Commission hearing revealed deep ideological divisions among its members, but also an acknowledgement that oil and natural gas should play a crucial role in Colorado’s economy. After the Colorado State Assembly passed HB 1261 in 2019 that mandated reducing statewide GHG pollution 26 percent by 2025, 50 percent by 2030,
Tom ShepstoneShepstone Management Company, Inc. …. …. Something remarkable has happened thanks to Joe Biden, whose fracking debacle has gotten pushback and much deserved media attention. Our former guest blogger, Dan Markind, has moved on to writing some excellent energy columns for Forbes magazine. Dan was always an observer par excellence when it came to
EQT Corp. wants to acquire rival CNX Resources Corp., according to Kallanish Energy. If realized, the deal would make EQT, which is already the No. 1 natural gas producer in the United States, even bigger. The company recently sent a takeover proposal to CNX; however, no decision has been reached and EQT could decide not
Roger CaiazzaIndependent Researcher and Publisher,Pragmatic Environmentalist of New York … The 76West competition has spent millions to promote and build clean energy in New York, but it still doesn’t matter near as much as fracking. Governor Cuomo announced this year’s winners of the 2020 76West Clean Energy Competition on October 19, 2020. This post discusses
Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) PA DEP hassles Mariner East 2 pipeline project over Snitz Creek spill of what amounts to harmless kitty litter. Once again the Mariner East 2 pipeline project is up Snitz Creek…without a paddle? There have been a number of “inadvertent returns” or mud spills in Snitz Creek, place where
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 natural gas-fired generators, Joe Biden, Cabot production and much more last week. The Shale Gas News has grown again to the Williamsport
Paul DriessenCommittee For A Constructive Tomorrow …. …. Joe Biden, while denying it, has proposed a Green New Deal that would be nothing less than disastrous for Americans and others. Some 90% of all US wells are now hydraulically fractured. Fracked wells in shale formations open up vast supplies of oil, natural gas and petroleum
The future of U.S. energy is an important topic this election cycle – and always – as candidates debate on the best path forward to enhance energy security, reliability, affordability and reduce energy-related emissions. This has especially been evident in the recent debates and the sheer number of times the candidates have talked about fracking
EQT, the largest producer of natural gas in the United States, reported a net loss of $601 million or $2.35 in the third quarter 2020, Kallanish Energy reports. That compares to a loss of $361 million or $1.41 per share in 3Q 2019. That loss was smaller than had been expected with lower operating costs
Radon is the second leading cause of lung cancer in the United States and is found in high concentrations in homes, schools and businesses across the country. Despite its long prevalence in regions such as Appalachia, researchers continue to attempt to link the gas, and its known health impacts, to more recent unconventional oil and
Gulfport Energy, a major player in Ohio’s Utica Shale, is expected to file for a Chapter 11 reorganization in the coming days, Kallanish Energy has learned. The company, its revolver lenders and unsecured bondholders are expected to seek approval for a restructuring support agreement that includes debtor-in-possession financing. The Oklahoma-based company is dealing with about
Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) Nick DeIuliis continues to impress as he lays out CNX plans for adroitly positioning the company’s capital by being “ruthlessly rational.” A few months ago CNX Resources bought out and merged in the remaining amount of CNX Midstream the company didn’t already own (see CNX Resources Buying/Merging in Rest of
The COVID-19 pandemic and accompanying shutdowns threw the American economy—and the energy industry—a curve ball this year, but domestic production will be a key part of the economy recovery. A new released by the Department of Energy (DOE) shows the benefits of increased domestic energy production and the opportunities to continue production in the future,
Tom ShepstoneShepstone Management Company, Inc. …. …. We told you Rep. Wendy Ullman was only into doing political theater as a legislator but now she’s proven it by her comment to Tom Wolf. Senator Lisa Baker and Rep. Jonathan Fritz have been long pursuing legislation that would treat any Delaware River Basin Commission fracking as
Brazilian state-run oil company Petrobras may have to start a new bidding process for the lease of a liquefied natural gas (LNG) regasification terminal in Bahia, Kallanish Energy reports. The company said late last week it opened bids from three companies: bp, Compass Gas e Energia and Golar Power. Only one commercial proposal was received,