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Shale Gas News – January 13, 2018

shale gas news - desRosiers_headshotBill desRosiers
External Affairs Coordinator, Cabot Oil & Gas

 

The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about Invenergy, the Transco Pipeline, Russian LNG and much more last week.

The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station! Gem 104 helps to solidify the Shale Gas News coverage in an important Marcellus region, PA’s northern tier. The Shale Gas News is now broadcasting in Bradford, Lackawanna, Lancaster, Lebanon, Luzerne, Lycoming, Pike, Sullivan, Susquehanna, Tioga and Wayne Counties, as well as in greater central PA. The Shale Gas News is aired on Saturday or Sunday depending on the station.

Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week, as a guest, we had Karen Moreau, the New York Executive Director of American Petroleum Institute.

shale gas news

The Shale Gas News, typically, is broadcast live. On the January 13th show (click above), we covered the following new territory (see news excerpts below):

  • Jessup Town Board Continues Effort to Stop Gas-Fired Elec Plant. We don’t know how many times we have to keep ringing the bell–this is a five-alarm situation! Wake up! A group of Democrats elected to the Jessup, PA Borough Council (Scranton suburb) are actively trying to block the completion of the state’s largest natural gas-fired electric generating plant–the first phase of which will be ready to go online in a little over a month. A bunch of ninny nanny antis didn’t like that they couldn’t stop the project, so they used money and help from Big Green groups last November to launch successful campaigns to defeat incumbent Council members who voted to authorize the Lackawanna Energy Center to be built by Invenergy.
  • Williams Marcellus Buildout Leads to Record Transco Pipe Volumes. Williams’ Transcontinental Gas Pipe Line (Transco) is the largest natural gas pipeline (by volume pumped) in the United States. Transco and its various branches stretch from the Texas Gulf Coast all the way to New York City. As MDN previously reported, Transco completed five important expansion projects in 2017: Gulf Trace, Hillabee Phase 1, Dalton, New York Bay, and Virginia Southside II. Because of those expansions, Transco flowed a record-breaking, all-time high of 15.58 million dekatherms (15.58 billion cubic feet, or Bcf) of natural gas in a single day–on Jan. 5, 2018.
  • WV Update on China Investment: “Dirt Could be Flying This Year”  West Virginia State Commerce Secretary Woody Thrasher, the man who brokered an unbelievable deal with China, getting China to agree to spend a mind-blowing $83.7 BILLION in the Mountain State over the next 20 years, gave an update to WV legislators yesterday on the China deal. In early November Thrasher visited China as part of a trade delegation with President Trump. On that trip, China agreed to invest a total of $250 billion in American (mostly energy) projects, $83.7B of which (a full third!) will go to investments in WV.
  • Former Ormet Site in SE OH Changes Hands, Gas-Fired Plant Coming. Back in 2014 MDN told you that the former Ormet aluminum plant in Hannibal (Monroe County), OH had been purchased out of bankruptcy by Niagara Worldwide and turned into the Center Port Transload Facility, with an emphasis on providing services for the Marcellus/Utica industry. In April 2017, we brought you news about plans to build a 485-megawatt Utica gas-fired electric plant at the Center Port location. A lot has happened since that time. Most of the facility (not all) changed hands again, selling to Fortress Transportation and Infrastructure for $30 million last June.
  • Russian LNG Coming to Boston to Alleviate NatGas Shortage?! This is so wrong on so many levels. Our blood pressure went through the roof when we spotted a story that a shipload of Russian-produced LNG (liquefied natural gas) is almost certainly coming to Boston and will be delivered on Jan. 22nd. We suspect it may be an illegal shipment. Here’s what happened. The LNG tanker Christophe de Margerie loaded a shipment of LNG at Russia’s Yamal LNG plant–in the Russian Arctic–delivering it to the UK at the Isle of Grain terminal in Kent. The LNG was offloaded and stored, but not pumped into the UK grid.
  • NatGas Trading in NYC Hits $175/Mcf – Highest Ever Recorded! Brrrr! If you live anywhere in the northeastern part of the country, you’re likely bundled up sitting at home, or bundled up sitting at work. Most schools dismissed today because of the brutally low wind chill values–minus 30 degrees Fahrenheit in upstate NY where MDN is headquartered. Over the past couple of days MDN has highlighted the news that with this latest winter ‘bomb cyclone’ as it’s called, the lack of natural gas pipelines to New England–to feed both homeowners who heat with gas and utilities that use gas to generate electricity–can no longer be ignored.

The Shale Gas News sponsored by Linde Corporation

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