President Trump ordered a review of the economic benefits of hydraulic fracturing, aka fracking, during a weekend in which he crisscrossed Pennsylvania ahead of Election Day. He used the symbolic memorandum to magnify his support of the natural gas extraction technique used in the state’s Marcellus Shale – part of a late-stage effort to galvanize…
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Adelphia Gateway Natural Gas Pipeline Begins Construction in Eastern Pennsylvania
Given clearance by FERC and state regulators, Adelphia Gateway LLC has started pre-construction on its brownfield natural gas pipeline expansion project in eastern Pennsylvania. Backed by New Jersey Resources Corp., the Adelphia project proposes converting part of an existing oil pipeline to natural gas to serve customers in the Greater Philadelphia area. Adelphia, which received…
U.S. Power Sector Fueled Record Year for Natural Gas in 2019
Driven by demand from the electric power sector, the United States set new records in natural gas production, consumption and gross exports in 2019, the U.S. Energy Information Administration (EIA) reported Monday. In its Natural Gas Annual report, EIA said 2019 gas consumption increased 3%, led by a 7% increase in power sector demand that…
Pennsylvania Saw Another Banner Year for Natural Gas in 2019
Natural gas production again broke records last year in Pennsylvania even as activity declined amid a weak market. Unconventional natural gas volumes reached 6.8 Tcf in 2019, up from 6.1 Tcf in the prior year. Conventional gas production continued slipping as it has for years now to 71.4 Bcf in 2019 from 102.2 Bcf in…
Pennsylvania Sees More Natural Gas Production Declines Amid Price-Related Curtailments
Pennsylvania’s unconventional natural gas producers continued to curtail volumes in the second quarter as the state reported only the second sequential production decline in more than three years. Unconventional natural gas production was 1.717 Tcf in 2Q2020, down from 1.766 Tcf in 1Q2020, when the state also reported a quarter/quarter production decline, according to data…
PennFuture Urges Oil, Natural Gas Industry to Explore Green Initiatives, but PIOGA Calls Proposal ‘Laughable’
Citizens for Pennsylvania’s Future (PennFuture) is calling on the commonwealth to explore “green initiatives” for the oil and gas industry, which could help in the economic recovery from Covid-19. In a report titled “A Green Stimulus and Recovery Platform for Pennsylvania,” PennFuture said Pennsylvania’s economy will need to recover from the ongoing pandemic, and officials…
Pennsylvania Regulators Failed to Protect Public from Natural Gas Development Problems, Says Grand Jury
A Pennsylvania grand jury has accused state regulators of failing to adequately oversee unconventional natural gas development, recommending new laws to better protect water supplies and air quality. Attorney General (AG) Josh Shapiro said a report released by the grand jury following a two-year investigation shows “systematic failure” by the state’s top oil and…
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Total, Shell Cut Capex as Coronavirus Debilitates Operating Plans for 2020
Royal Dutch Shell plc has reduced capital spending by $5 billion and Total SA spending has been cut by $3 billion for the year in reaction to the pandemic and untenable oil prices.
Oil Demand Forecast to Slump Most in 40 Years as Total and Shell Revamp 2020 Plans
In reaction to the coronavirus pandemic and untenable oil prices, Royal Dutch Shell plc on Monday reduced capital spending by $5 billion and Total SA cut its spending by $3 billion.
Pennsylvania Regulators, Range Resources Face Off Over Problem NatGas Well
Pennsylvania regulators and Range Resources Corp. continue to quarrel over whether a natural gas well in the northeastern part of the state is responsible for fouled water nearby.