No Nuke Subsidies: Let the Free Market Work

 ... … … The Institute for Energy Research explains why nuke subsidies in Pennsylvania are a terrible idea and why we should just let the free market work. There are currently bills working their way through the Pennsylvania House of Representatives and Senate that would provide subsidies to help prop-up unprofitable nuclear power plants in the state. Senate

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Gas Revolution Fueled by Innovation and Markets, Not Picking of Winners

Kelsey MulacCabot Oil & GasExternal Affairs, Pittsburgh … … A recent “Think About Energy” briefing in Carlisle, Pennsylvania brought home the reality of what the gas revolution has brought us via innovation and markets. The “Think About Energy Briefing” series made a stop in Carlisle, Pennsylvania, on Thursday, April 24. With Pennsylvania natural gas production topping 6

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BP not interested in Anadarko, other O&G deals

A battle between Chevron and Occidental Petroleum, which now includes billionaire investor extraordinaire Warren Buffett, to take control of U.S. independent producer Anadarko Petroleum, is fueling speculation about more deals to come. But oil supermajor BP Plc CEO Bob Dudley Tuesday said his employer will not get involved. BP acquired BHP Billiton’s U.S. shale assets for

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Kenney sworn in as Alberta’s premier

United Conservative Party leader Jason Kenney was sworn in Tuesday as the 18th premier of Canada’s largest crude-producing province, Alberta, and named a cabinet he says will go to bat for the energy sector, Kallanish Energy reports. Kenney, a former conservative federal cabinet minister, won the election in a landslide victory against Rachel Notley’s New

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New York City to Face Consequences of Cuomo Pipeline Decision

Daniel B. Markind, Esq.Flaster Greenberg PC We’re getting to a decision on the Northeast Supply Enhancement (NESE) project. A Cuomo pipeline decision will have profound consequences for New York City. While little noticed outside of the energy industry, New York Governor Andrew Cuomo is about to make one of the seminal decisions of his tenure. Before

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Tom Wolf Wants A Severance Tax to Pay for Philly Buses and Trains

Tom ShepstoneNatural Gas NOW … …  A report from Pennsylvania’s Auditor General shows why giving severance tax money to Tom Wolf would simply further subsidize Philadelphia buses and trains. Every year Governor Tom Wolf tells his Pennsylvania constituents he needs a severance tax on natural gas. He says he needs it for one thing one

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Shale Gas News – April 27, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about a wastewater plant, longest onshore laterals, Gene Yaw’s bill and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our

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New Nature Study Affirms the Climate Benefits of Increased Natural Gas Use

The increased use of natural gas in electricity generation contributes to long-term “climate stabilization objectives,” according to a new study published in Nature. Notably, the study’s top line finding should address concerns that natural gas is less effective at reducing emissions than initially anticipated: “We found that the coal-to-gas shift is consistent with climate stabilization

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Analysis: Methane Emissions Intensity Declines in Top Shale Basins

Increased natural gas consumption has generated a truly incredible story for the environment as U.S. greenhouse gas emissions have fallen to their lowest levels since 1992. But the air quality improvements go even further, as a new Energy In Depth analysis shows: The U.S. oil and gas industry is also making incredible progress in reducing

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Oil and Gas Workers Among the Best Paid in America

Thanks to America’s energy renaissance, the energy and utility sector has the highest median salary of any industry in the S&P 500, with the typical worker at one energy company earning almost $200,000 annually, according to the Wall Street Journal. An analysis of annual pay disclosures by the Journal found that Phillips 66, Anadarko Petroleum

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FERC Report Tells the Story as the Shale Revolution Moves Ever Forward

Tom ShepstoneNatural Gas NOW … …  The recently released FERC State of the Markets Report, 2018″ report is an update on the progress of the shale revolution as it moves forward claiming new territory. The highlights say it all (emphasis added): Natural gas markets experienced record high demand and supply. Natural gas storage fell to

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Sempra completes $2.5B sale of U.S. renewables, gas storage assets

Energy infrastructure company Sempra Energy has completed the sale of its U.S. renewables business and non-utility natural gas storage assets for roughly $2.5 billion in cash, Kallanish Energy reports. The announcement comes with Monday’s completion of the sale of its remaining ownership interests in operating and development-stage wind assets to American Electric Power for $584 million in cash.

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Murphy announces $1.38B deepwater Gulf of Mexico acquisition

Murphy Oil Corp. announced its Murphy Exploration & Production Company – USA unit is acquiring deepwater Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for $1.38 billion in cash, Kallanish Energy reports. Additional contingent consideration payments are based on the following: up to $200 million in the event revenue from certain

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Big Green, Inc. – The Sources of the Money Behind Fractivism

 ... … … Fractivism is anything but grassroots. Rather, it is funded and orchestrated Big Green, Inc. and the Institute for Energy Research is documenting it all. Last year, as readers might recall, IER launched Big Green, Inc. to began exposing the under-the-radar funders that underwrite the anti-American energy movement and its anti-fracking ballot measures,

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The Extraordinary Environmental Benefits of Natural Gas

Kelsey MulacCabot Oil & GasExternal Affairs, Pittsburgh … … The environmental benefits of natural gas are truly extraordinary, although fractivists are loathe to admit they exist. The truth is in the numbers, though. Did you know that natural gas is clean burning? This is good news for the atmosphere: replacing traditional dirtier energy sources with

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