On Saturday, June 3, President Biden signed the Fiscal Responsibility Act (FRA) of 2023, also known as the “debt ceiling” bill, into law. Part of the new law is a provision that forces government agencies (on every level) to finish granting any outstanding permits to the long-stalled, 303-mile Mountain Valley Pipeline (MVP) project. The new…
Read More...The weekly rig count for the U.S. has continued to be anemic over the past two months. Baker Hughes, with its venerable rig count, reported last Friday that overall, the U.S. rig count continued to bleed rigs–down another five rigs to 682 in the week ending June 23. That’s the lowest count since April 2022…
Read More...The weekly rig count in the U.S., particularly in gas-focused plays, continues to be of concern. That is, it keeps decreasing and then not recovering the decrease. Last Thursday, Baker Hughes said the U.S. lost another eight rigs total (oil and gas)–the seventh week in a row the rig count has decreased. Two weeks ago,
Read More...On June 8, the West Virginia Dept. of Environmental Protection issued a renewed Section 401 water quality certification for the 303-mile Mountain Valley Pipeline (MVP) project. In a court filing by MVP that shoves the news in the faces of the corrupt Democrat three-judge panel of the U.S. Court of Appeals for the Fourth Circuit,
Read More...Last year after the shocking news that U.S. Senator Joe Manchin (from West Virginia) had sold out his state and the entire country by agreeing to support the misnamed Inflation Reduction Act (IRA) bill, the details began to come out about just how bad this law really is for the oil and gas industry. First
Read More...In May, the Bidenistas at the Environmental Protection Agency (EPA) released a hellscape of new regulations aimed at forcing coal- and natural gas-fired power plants to close (see New Biden EPA Regs a “Death Sentence” for Fossil-Fuel Power Plants). West Virginia coal, oil, and natural gas stakeholders, along with state politicians, are unhappy. There is
Read More...According to Baker Hughes, which has tracked rig counts since 1944, drillers cut the rig count once again last week (overall by a single rig), the sixth week in a row when the rig count has gone down. This is the first time the U.S. oil & gas rig count has gone down six weeks
Read More...Hope Gas, a Local Distribution Company (LDC), otherwise known as a utility company, provides gas service to approximately 112,000 residential,… Continue reading The post Equitrans Selling 900 Miles of WV Gathering Pipes to Hope Gas first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...It literally took an Act of Congress, but the 303-mile Mountain Valley Pipeline will be, according to the builder and… Continue reading The post Equitrans Announces Mountain Valley Pipe to Get Completed in 2023 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Although U.S. Senator Joe Manchin “absolutely thinks” that Congress will pass the debt ceiling bill negotiated by President Joe Biden… Continue reading The post If Debt Bill Passes, All 4th Circuit Lawsuits re MVP Dismissed first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Big news over the weekend. President Biden and House Speaker Kevin McCarthy agreed to a compromise deal to raise the… Continue reading The post Biden-McCarthy Debt Ceiling Deal Includes Finishing MVP PDQ first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Today’s lead story shares the good news that Mountain Valley Pipeline (MVP) is finally getting a literal “act of Congress”… Continue reading The post DC Circuit Deals MVP Another Gut Punch in Friday Decision first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Last Friday, Form Energy, a Boston-based firm building a utility-scale battery factory just across the Pennsylvania border in Weirton, West… Continue reading The post Desperate Joe Manchin Predicts WV Will Win Fed Hydrogen Hub Project first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Last Thursday, a Congressman from Pennsylvania, John Joyce (a physician from Altoona, PA), introduced House of Representatives Bill (HR) 3500,… Continue reading The post New Bill Introduced by PA Congressman Would Finish MVP This Year first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Two weeks ago, the Bidenistas at the Environmental Protection Agency (EPA) released a hellscape of new regulations aimed at forcing… Continue reading The post WV to Lead New Legal Challenge of EPA Power Plant Emissions Regs first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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