Earlier this year, one of the biggest nutjobs in Congress, Sen. Sheldon Whitehouse (Democrat-RI), introduced an excise tax, which he… Continue reading The post Windfall Profits Tax on Ohio Oil & Gas Discussed by Economists first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...God help you if you are a midstream company that has to wade through the mountain of federal regulations and… Continue reading The post FERC Aggressively Expands Enforcement, Fines Utica NGL Pipe $30K first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Ascent Resources, originally founded as American Energy Partners by gas legend Aubrey McClendon, is a privately-held company that focuses 100%… Continue reading The post Ascent Resources Buys Another 27K Utica Acres for $270 Million first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Sources whispering to Bloomberg say that Gulfport Energy, the third-largest driller in the Ohio Utica Shale (by the number of… Continue reading The post Utica Driller Gulfport Energy Considers Merger with Encino Energy first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Ohio Lt. Gov. Jon Husted was in Marietta, OH on Thursday for a roundtable discussion regarding the oil and gas… Continue reading The post Ohio Roundtable with Lt Gov Tackles Critical Role of Fossil Energy first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Riverbend Energy Group invests in oil and gas wells. The company mainly invests in non-operated oil and gas wells, although… Continue reading The post Riverbend Energy Sells Non-Operated Wells in Ohio Utica, Elsewhere first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...On May 24, Cleveland State University researchers quietly published the “Shale Investment Dashboard in Ohio Q1 and Q2 2021” (full… Continue reading The post Ohio Utica Shale Dashboard Shows 73% of New Drilling Done by 2 Cos. first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...There is finally movement in Ohio to repeal an odious law passed by Ohio’s Republican-controlled legislature called House Bill 6, which funnels over $1 billion from Ohio ratepayers to FirstEnergy Corporation in order to keep the company’s unprofitable nuclear power plants running (while disadvantaging other power sources, like gas-fired plants). FirstEnergy is accused of bribing
Read More...The pandemic did its best to shut the world down, and maybe it succeeded in shutting down other countries–but not here in the US of A. Against an onslaught of shutdowns (particularly in “blue” states), people staying home, businesses closing, anarchy and chaos in large Democrat cities…and against an onslaught against fossil fuels by environmental
Read More...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
Read More...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
Read More...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
Read More...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,
Read More...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
Read More...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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