Natural Gas Now Best Picks of the Week – February 20, 2021

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. Some Folks Just Aren’t Trustworthy Joe Manchin, the Democrat Senator from West Virginia who wants the trades to suppose he is

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Ohio’s Utica Shale – An “Underappreciated Economic Machine”

Aubrey McClendon, the co-founder of Chesapeake Energy and the guy most responsible for discovering and commercializing the Ohio Utica Shale, once famously said the Utica “is the best thing to hit the state of Ohio economically since maybe the plow.” And indeed it has been. The Utica is often overshadowed by its larger and more

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Generation Now Pleads Guilty in $61M FirstEnergy OH Nuke Scandal

On Friday, representatives of a “dark money” political action committee called Generation Now signed a guilty plea admitting their part in the biggest bribery scandal to ever hit Ohio. Generation Now was set up as a social welfare nonprofit but in reality was a shell organization that received “tens of millions of dollars” from FirstEnergy

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How Biden’s Drilling Ban on Federal Lands Affects the M-U

On Joe Biden’s first day in occupying the White House, he signed an Executive Order (EO) suspending new oil and gas leasing while the Interior Department reviews existing leases and permitting practices for 60 days. The aim is to make the federal lease ban permanent. However, some permits on existing leases will continue to be

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Monroe County, OH Developing Ohio River Site to Help Utica Shale

Clarington, OH The Monroe County, OH Port Authority has scored close to $3 million in grants and loans to fund a development project located at a former CONSOL Energy coal mining site south of Clarington, OH. The money will be used to build an access road and repair eight of 12 existing barge cells on

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Ohio AG Succeeds in Blocking $2B in Nuke Payments to FirstEnergy

Ohio AG Dave Yost We continue to peel back the layers of the rotten, smelly, stinky onion that is Ohio’s House Bill (HB) 6, a law granting billions (plural) to FirstEnergy in an attempt to prop up the company’s economically failing nuclear power plants. FirstEnergy is accused of bribing legislators to pass, and keep passed,

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OH Shale Crescent USA: Not Letting Biden’s Attacks Slow Them Down

In 2016 a group of business and government leaders from Ohio and West Virginia in the Mid-Ohio Valley banded together to form an economic development group called Shale Crescent USA, or SCUSA (see Group Promotes Mid-Ohio Valley for Petrochem: Shale Crescent USA). The aim of the group is to attract manufacturers (particularly petrochemical manufacturers) to

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Diversified Gas & Oil Buys 5 Utica Shale Wells in Monroe County, OH

Diversified Gas & Oil (DGO) owns close to 8 million acres of leases with some 60,000 (mostly) conventional oil and gas wells. Their focus has been to acquire quality production and cash flow–regardless of the well or commodity type (gas or oil)–in the Appalachian Basin. DGO currently owns over 400 Marcellus/Utica shale wells in their

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Big Green Jobs Killer Mows Down Blue Collar Workers

Clean Energy Doesn’t Happen Without Natural Gas! Tom ShepstoneShepstone Management Company, Inc. … … The Biden Administration is a big green jobs killer intent upon on courting the special interests of blue blood elites. Blue collar workers in America now know who their friends are and they do not include the Biden Administration, which has

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Liens Served on PA/OH Landowner Property re Risberg Pipeline

click for larger version In March 2019 MDN brought you the news that Wood Group had been awarded a $34 million contract to build 28 miles of the 60-mile Risberg Pipeline from Crawford County, PA to Ashtabula County, OH (see Wood Wins $34M Contract to Build PA to OH Risberg Pipeline). The portion Wood built

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Mountaineer NGL Storage Looks at Non-NGL Hydrogen Storage

Here’s an interesting twist. Just last week we told you about ongoing opposition from anti-fossil fuelers to a currently dormant project, the Mountaineer NGL Storage hub project in Monroe County, OH (see Opposition to Dormant Mountaineer NGL Storage Hub in Monroe, OH). Mountaineer wants to build an underground storage cavern to hold natural gas liquids,

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Clean Energy Doesn’t Happen Without Natural Gas!

Clean Energy Doesn’t Happen Without Natural Gas! Tom ShepstoneShepstone Management Company, Inc. … … Clean energy is, to a large extent, in the eye of the beholder, but one thing is surely clear; natural gas is critical to any of it. As a new administration takes shape in Washington, D.C. we enter a period of

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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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