Hydraulic Fracturing Equals Energy Security: A Ban Would Be Insane

Tom ShepstoneShepstone Management Company, Inc. … … The Department of Energy just issued a comprehensive report about the dangers of banning hydraulic fracturing in this country. The Executive Summary follows: Abundant American oil and natural gas reserves are a strategic asset in driving sustained, long-term economic growth, achieving environmental goals, and enhancing the national security

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OH AG Asks Judge to Block FirstEnergy Nuke Bailout Rate Increases

Ohio Attorney General Dave Yost continues to hammer FirstEnergy Corporation. In November Yost filed a lawsuit to block the collection of $150 million provided for under House Bill (HB) 6, aimed at propping up FirstEnergy’s unprofitable nuclear power plants in the state (see OH AG Files 2nd Lawsuit to Block FirstEnergy $150M Nuke Payments). Yost

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Report: Cumulative oil and gas investment totals $86.4B in Ohio

Cleveland State University researchers recently released a report on shale-related investment in Ohio that found cumulative oil and gas investment through December of 2019 is around $86.4 billion, according to The Heartland Institute. The researchers also found a $9 billion increase in investment in Ohio’s shale sector from 2018 to the fourth quarter of 2019.

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Columbiana County Asks OH Gov. to OK Shale Gas Pipe to Lake Erie

click for larger version Two weeks ago Trumbull County, OH’s Board of Commissioners sent a letter to Gov. Mike DeWine requesting DeWine order a feasibility study on a “lake-to-river natural gas pipeline” project that will extend along the State Route 11 corridor from Columbiana County all the way to Ashtabula Harbor on Lake Erie. The

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FirstEnergy Nuke Bailout Payments Blocked by Ohio Supreme Court

FirstEnergy is up to its metaphorical rear-end in alligators. Not only has the Ohio Supreme Court blocked (for now) the collection of annual $150 million payments from the residents of Ohio given to FirstEnergy to prop up its uneconomic nuclear power plants, but multiple (over a dozen) lawsuits have been filed against the company by

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Ohio Gov. DeWine Signs Bill Designating New State Fossil Fish

Dunkleosteus terrelli We’ve heard of fossil fuels, but until we spotted a press release from Ohio, we’d never heard of a fossil fish. Ohio Gov. Mike DeWine has just signed a bill into law designating the fossil fish species Dunkleosteus terrelli (a mean-looking critter) as the official Fossil Fish of Ohio. Dunkleosteus is the second

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Weekly Shale Drilling Permits for PA, OH, WV: Dec 14-18

Last week Pennsylvania issued 25 new shale well drilling permits in both northeast and southwest PA, although most of the permits for SWPA. Ohio issued 4 new shale well permits, all of them to the same company (Encino Energy) and the same well pad (in Harrison County). West Virginia issued 6 new shale well permits,

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OH Supremes Say Landowner Looked Hard Enough, Keeps Mineral Rights

The Ohio Supreme Court just delivered a decision that affects one particular landowner (and former mineral rights owner), but also has implications for all Ohio landowners and rights owners. And by extension, implications for drillers that pay royalty payments. The Supremes found in Gerrity v. Chervenak that the landowners in the case (the Chervenaks) did

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Ohio Passes Bill Punishing Illegal Protesters at O&G Sites

Anti-fossil fuelers love to protest things. Fine. Let them protest. This is (still) America. But when antis tip over into illegal acts like blocking legal activities of building pipelines or drilling wells, or when antis tip over into acts of vandalism like destroying equipment, that’s NOT okay. Antis call it “protesting.” We call it criminal

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ONE Future Group Gains A New Member: UGI Corporation

Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: UGI Corporation has joined “Our Nation’s Energy Future.” otherwise known as ONE Future, which is dedicated to reducing methane emissions.] UGI Corporation, which operates natural gas and electric utilities in Pennsylvania and midstream (pipeline) assets in Pennsylvania, Ohio, and West Virginia, has just become the newest member

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PA is Nation’s Top Electricity Net Exporter Thx to Marcellus Shale

Yesterday MDN brought you a post about the dramatic increase in natural gas-fired electric plants in the Marcellus/Utica, particularly Pennsylvania (see NatGas-Fired Power Plants in M-U See Dramatic Increase 2015-2019). Today we have another post (also from the U.S. Energy Information Administration) about gas-fired electric power. Gas-fracking giant Pennsylvania was the largest net exporter of

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Jul-Dec 2019 Private Investment in Ohio Utica Shale: $3 Billion

click for larger version Each year Cleveland State University publishes a report for JobsOhio looking at how much money has been invested by the private sector in the Utica Shale (and related) industry. The CSU’s eighth report (full copy below) was recently released and shows some eye-popping numbers. Total shale investment from July through December

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Report: Estimated $87 Billion Investment in Ohio’s Shale To Date

Prolific natural gas and oil development continues to drive investments in the Buckeye State. The total investment in shale-related activities in Ohio reached $86.4 billion as of Q4 2019, an increase of $9 billion since 2018, according to Cleveland State University’s latest shale investment report. This is the eighth annual report CSU has conducted for

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Ascent Resources Selling Some Ohio Assets in “Core” of Utica Play

Ascent Resources has listed for sale two “packages” of its assets in the core of the Utica Shale in Ohio. One package contains a non-operated interest in 68 wells and 1,362 net leasehold acres. The second package includes a royalty interest in 10 wells and 106 net revenue interest acres. Details on where the assets

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