External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM “The Talker,” talked about budgets, taxes, BLM fracking regulations 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 Ari Mittleman of US Senator Bob Casey’s office:
- Low Prices Taking a Toll on Marcellus Shale Development: “We’ve seen probably $8-9 billion of planned capital expansion reduced in Pennsylvania as a result of pricing pressure on this industry,” said Coalition President David Spigelmyer.
- Gallup Poll on Fracking Shows it to be a Partisan/Political Issue: It’s a 40/40 split – 40% favor fracking and 40% oppose it. Republicans favor fracking, Democrats oppose it. Older folks (50+ years) are in favor of fracking, while inexperienced young people often oppose it.
- House Panel Blasts BLM Director Over Frack Rule: Natural Gas Intelligence conducts an interview with the Bureau of Land Management (BLM) about new fracking rules. Meanwhile, Wyoming became the first state to challenge the new rules.
- PA Counties Line Up Against Wolf Severance Tax, Distrust Assurances: Wolf tells counties they’ll still get what they were getting under the impact fee. They’re telling him, politely, that he’s full of beans.
- PA DEP Sec Quigley Pulls a Fast One, Changes Drilling Rules: Quigley fired the entire DEP Oil & Gas Technical Advisory Board once he took office, something no other incoming governor/administration has done in more than a generation.
- LPG Waterless Fracking Prospects Dim; LNG Fracking Debuts: Water is used because it’s economical to do so, but still, the western part of the country is water-constrained. Plus, it would sure be nice for everyone to reduce truck trips to the well pad.
- Lots of Interest in Building LNG Facility at PGW’s Philly Port: Despite Philadelphia City Council’s “unqualified” rejection nine years ago of a terminal for liquefied natural gas, the city is once again flirting with the money-making allure of LNG.