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Shale Gas News – November 26, 2016

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, talked about petroleum products, OPEC, energy infrastructure and much more last week.

Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week, as a guest, we had Gina Suydam, President of Wyoming County Chamber of Commerce, discussing their Holiday Marketplace and the upcoming Energy Infrastructure Bootcamp.

shale gas news

The Shale Gas News, typically, is broadcast live. On the November 26th show (click above), we covered the following new territory (see news excerpts below):

  • Infographic: Fracking Powers the Thanksgiving Holiday.Thanksgiving just wouldn’t be the same without the petroleum byproducts that are unlocked by fracking. Watching the Macy’s Thanksgiving Day Parade this year? The balloons, floats, and even Santa’s red suit are made from petroleum produces. With the majority of U.S. power being generated by natural gas it’s safe to say that whether you cook on gas or electric, you can thank fracking for that delicious Thanksgiving feast.
  • It’s Time To Stop Paying Attention To OPEC. Why are there no analogues to an OPEC meeting in any other globally traded commodity, like cars, eggs, paintings, or perfume? Let us momentarily set that question aside, and focus on the seemingly unrelated fact that the OPEC news cycle has become excruciatingly predictable.
  • Energy Infrastructure Bootcamp. On behalf of the Wyoming County Chamber of Commerce, I want to extend an invitation to you to attend our upcoming Energy Infrastructure Bootcamp, co-hosted with the American Petroleum Institute, Pennsylvania Energy Citizens and Energy Nation. I urge you to attend this important educational and training event, which takes place on Thursday, 1 December in Tunkhannock.
  • ETE Merging Sunoco Logistics and Energy Transfer Partners. Energy Transfer Equity (ETE) is a big and (on paper) complex company with a number of subsidiaries. Roughly speaking, ETE is the mother ship/parent, and under it are two subsidiaries–Regency Energy Partners and Energy Transfer Partners (ETP)–the company building the Dakota Access Pipeline. Under Energy Transfer Partners are other divisions and subsidiaries–notably Sunoco Logistics Partners, which is the builder of the Mariner pipeline projects.
  • EIA: new infrastructure aims to increase takeaway capacity of natural gas from Utica region.  A number of pipeline projects that have been approved, or are in various stages of the approval process, would increase capacity to transport natural gas from the Utica production region in Ohio to natural gas markets. Collectively, these projects could add up to 6.8 billion ft3/d of takeaway capacity out of the Utica region by the end of 2018.
  • TransCanada sells U.S. power assets to help pay for Columbia Pipeline. TransCanada Corp. unveiled a series of multibillion-dollar moves Tuesday as it revised and nailed down its strategy to absorb a major U.S. pipeline company it bought for $10.3 billion in July. It announced it would realize US$3.7 billion from the sale of its U.S. Northeast power business, put on the market to help repay a bridge loan used to buy the Columbia Pipeline Group.

The Shale Gas News sponsored by Linde Corporation

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