External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM “The Talker,” talked about pipelines, OPEC, carbon, Fox and much more this week.
Every Saturday, Kevin Lynn of Linde Corporation and I co-host a morning radio show to discuss all things natural gas.
The Shale Gas News is typically broadcast live and this past Saturday’s program, the podcast of which is available here, covered the following new territory (see news excerpts below) and, among many more topics, included an interview with Dan Eberhart of Canary LLC:
- Southwestern Sells Pipeline Gathering System in NEPA for $500M. Southwestern Energy will sell its local gathering pipeline network in Bradford and Lycoming counties. It plans to use the half billion to pay down a loan coming due in December 2016.
- U.S. Oil Prices Fall to Six-Year Low. The Organization of the Petroleum Exporting Countries (OPEC) published a report suggesting the cartel remained reluctant to intervene to prop up prices.
- OPEC Says American Shale Boom Over by End of 2015. The cartel questions the ability of US producers to withstand the dramatic collapse in oil prices and predicts that global oil supply will equal demand. Well, that’s not a surprise, coming from OPEC!
- Marcellus Gas Could Battle Polar Vortex Via Transco Expansion. A new study says 60% of the estimated benefits of Atlantic Sunrise would have accrued in January 2014 alone because of the high level of gas demand associated with the polar vortex in that month.
- Surprise! Economy Speeds up, Pollution Stalls. Global emissions of carbon dioxide stalled in 2014, marking the first time in four decades that economic growth has not resulted in more greenhouse gases.
- Penn State Says Atlantic Sunrise Pipeline Means $75.5 Million for Lancaster County. The jobs include 60 direct jobs during a nine-month construction period —another 241 “indirect” jobs created in supporting industries, and spinoff needs that would equal about another 536 jobs.
- Fight Against Fracking in Williamsport. Josh Fox rose to fame after investigating fracking, the process of extracting natural gas. Now, he’s raising awareness on alternatives, such as solar and wind energy, supposed “solutions” to the problem he has contrived.