Tom ShepstoneShepstone Management Company, Inc. I had an opportunity a few minutes ago to speak to Pipeliners Union 798 at their annual Steward School in Tulsa, Oklahoma. Here’s what I told them. When Guy Williams asked me if I would come to speak with you, I jumped at the chance. I met Guy and
Read More...Tom ShepstoneShepstone Management Company, Inc. New Jersey must not follow New York in stopping pipelines to secure the rewards of green political correctness. It will only yield higher energy prices. NJ Spotlight, a news blog normally given to anti-gas drivel from the likes of the Delaware Riverkeeper and Jumpin’ Jeff Tittel at the Sierra
Read More...President Trump today will sign an executive order designed to prevent states from blocking pipelines and other energy infrastructure by using authority they feel is afforded them under the federal Clean Water Act, Kallanish Energy reports. Under Section 401 of the Clean Water Act, companies must obtain certifications from a state before they can build federally-approved
Read More...Daniel B. Markind, Esq.Flaster Greenberg PC West Virginia’s Governor vetoed a strong bipartisan supported bill to plug up nearly 4000 abandoned oil and natural gas wells. Why? To support coal? West Virginia Governor Jim Justice made one of the most curious gubernatorial moves in recent years recently, when he vetoed a bill that would have directed
Read More...Houston-based independent producer Callon Petroleum said Monday it’s entered into a deal to sell certain non-core assets in the Midland Basin to an unnamed buyer for $260 million in cash. The agreement also provides for potential incremental cash payments of up to $60 million based upon future commodity prices with upside participation starting at the $60/Bbl West Texas Intermediate level,
Read More...Pressure pumper horsepower will increase in Q2, rebounding from a sluggish end to 2018, according to the new U.S. Horsepower Outlook report, offered by Westwood’s Global Energy Group. A 9% increase in hydraulic horsepower (Hhp) demand from Q4’18-Q4’19 could lead to a tighter Hhp market and potential undersupply in certain regions, Kallanish Energy learns. Westwood’s quarterly
Read More...Tom ShepstoneShepstone Management Company, Inc. Green energy fans proclaim renewables are necessary to reduce CO2 emissions and will soon replace gas but the oil and gas industry keeps innovating CO2 away. It’s always amusing to read every year how renewables are coming down in price and will soon compete with natural gas, while also
Read More...Tom ShepstoneShepstone Management Company, Inc. President Donald Trump is going to Houston on Wednesday and will announce the pipeline executive order he’s issuing. It’s more than pipelines; it’s justice! We are two days away from an in-your-face Executive Order President Trump is issuing to deliver some justice to states such as New York where
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 and Sundays on YesFM, talked about gas storage, U.S. crude oil buyers, offshore drilling and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH
Read More...Tom ShepstoneShepstone Management Company, Inc. The Utica Shale has brought $70 billion of investment to Ohio and there’s more to be had. The Utica also underlies most of the Marcellus. Imagine that! When we think Utica Shale, we tend to think Ohio because that’s where the oil and gas industry has put $70 billion
Read More...Petroleo Brasileiro SA (Petrobras) agreed to sell its 90% stake in a Brazilian natural gas pipeline company to France’s Engie SA and Canadian pension fund Caisse de Depot et Placement du Quebec for $8.6 billion. Engie and Caisse won the bidding war for the unit, Transportadora Associada de Gas, known as Tag, beating out Australia’s Macquarie
Read More...... … … There’s no excuse for what Germany has done to itself. It is now boxed in, with but two alternatives; Russian gas or our LNG. They should choose wisely. The European Union (EU) has realized natural gas will have to complement intermittent renewable sources like solar and wind in order for European nations
Read More...Tom ShepstoneShepstone Management Company, Inc. First, FERC and now the D.C. Court of Appeals. Cuomo’s New York and his Public Service Commission are being slapped left and right by those onto his game. There is still more good bad news for Andrew Cuomo and great news for the pipeline industry, adjoining states and New
Read More...Tom ShepstoneShepstone Management Company, Inc. Some states just can’t get their energy acts together. Plagued by political correctness, urban states tilt at windmills while Pennsylvania heats their homes. Pennsylvania is, sadly, bordered on three sides by hopeless urban states (Maryland, New Jersey and New York) that can’t shoot straight when it comes to energy.
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW 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. FERC Blows Away DEC FERC is firing on Andrew Cuomo’s DEC with the big guns now. It just rejected
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