In December 2020, then-Gov. Tom Wolf announced a $2.5 million contract had been awarded to the University of Pittsburgh (Pitt) Graduate School of Public Health to “conduct research on the potential health effects of hydraulic fracturing in Pennsylvania” (see Pitt Researchers Get $2.5M for Fake Study to Link Shale & Kid Cancer). As we have…
Read More...Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. The latest monthly report, issued Tuesday, predicts that U.S. natural gas production AND demand will rise to record highs in 2023. EIA projected…
Read More...For the fourth week in a row and the 13th time in the last 14 weeks, the U.S. active rig count lost rigs. It’s grueling. Last week the number decreased by five rigs after falling five rigs the week before–now down to 659 active rigs across both oil and gas. The Marcellus dropped one rig…
Read More...According to analysis by John Kemp at Reuters, lower prices for oil and a slowdown in drilling activity are finally causing crude oil output to peak and turn down. In May, crude and condensates production for the Lower 48 states (excluding Gulf of Mexico production) rose by just 19,000 barrels per day compared with April….
Read More...The U.S. Energy Information Administration (EIA) published a post noting the increase in the use of energy in the U.S. from 2020 to 2021. Energy usage increased by 25%, adjusted for inflation, in 2021. Why? In 2020 we were deep in the throes of lockdowns due to COVID. Nobody was going anywhere, pretty much, which…
Read More...For the third week in a row and the 12th time in the last 13 weeks, the U.S. active rig count lost rigs. Last week the number decreased by five rigs after falling six rigs the week before (see U.S. Rig Count Drops Another 6 Rigs, Now Lowest Level in 16 Mos.). Both the Marcellus…
Read More...For the second week in a row and the 11th time in the last 12 weeks, the U.S. active rig count lost rigs. Last week the number decreased by six rigs, after falling five rigs the week before (see U.S. Rig Count Drops 5 Erasing Most Gains – M-U Stays Even 2nd Wk). Fortunately, the…
Read More...Kimmeridge Energy, a private investment firm focused on the energy sector, yesterday published a white paper entitled, “I Still Haven’t Found What I’m Looking For.” The thesis of the Kimmeridge report is that there are still too many (and too small) drillers in the shale sector. Kimmeridge believes we need consolidation into fewer, and bigger,…
Read More...Researchers with the University of Pittsburgh (Pitt) recently published a study in the journal Ecological Indicators. The study’s intent was to measure whether or not frack waste dumped in local landfills has radiation that is leaking out in groundwater (leachate) from those facilities. Research like this, if legitimate (and accurate), is a good thing. We…
Read More...PJM is the largest electric grid operator in the U.S. It serves 65 million people in 13 states plus the District of Columbia (including PA, OH, and WV). PJM came under withering criticism for an almost blackout during the Christmas cold snap last Dec. 23-25. If not for certain gas-fired peaker plants, like that in…
Read More...The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for July issued yesterday (below) shows the EIA believes shale gas production across the seven major plays tracked in the monthly DPR for August will *decrease* production from the prior month of July. This is the first month-over-month decrease prediction for the combined…
Read More...The yo-yo behavior of the national rig count continues. Two weeks ago, the U.S. rig count broke a nine-week-straight decline by adding six rigs (see U.S. Rig Count Goes Up First Time in 10 Weeks – M-U Stays Even). The trend had been pretty dismal for the past several months. Then that ray of sunshine….
Read More...This one has us laughing our considerably fat rear-ends off. The left long ago corrupted science, turning it from the pursuit of objective facts into forced obedience to political opinions (i.e., global warming is caused by fossil fuels). The left issues mountains of data–graphs, tables, pictures–that supposedly prove they are correct with their opinions and…
Read More...The analysts at the U.S. Energy Information Administration (EIA) have been looking at natural gas production in the Marcellus/Utica (i.e., Appalachia) for 2022. The M-U is the largest-producing natural gas shale play in the world. Pennsylvania is the second-largest producer of natural gas in the U.S. after Texas. The EIA looked at PA’s production, specifically…
Read More...Yesterday the International Gas Union (IGU) released its 14th annual 2023 World LNG Report–the world’s most comprehensive public source of information on key developments and trends in the LNG sector (full copy below). With the Russian invasion of Ukraine, the gas markets went wild last year. The IGU report calls 2022 the “most turbulent year…
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