External Affairs Coordinator, Cabot Oil & Gas
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM talked about TransCanada, high prices of firewood, a PA Marcellus-powered electric plant and much more last week.
Every Saturday, Kevin Lynn of Linde Corporation and I co-host a morning radio show to discuss all things natural gas. This week we had Jude Clemente as a guest.
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The Shale Gas News is typically broadcast live and our November 7th program (click above) covered the following new territory (see news excerpts below):
- TransCanada reverses course, asks State Department to pause Keystone review. Experts see the owner-operator’s move taking allowing a smoothing over of ruffled feathers between the U.S. and Canada, giving the next President the job of saying yeah or nay. Obama quickly moved to then turn the whole thing dow, though.
- DEC official: State could lose authority if it withholds pipeline decisions. Withholding certifications could cost the state some of its oversight ability, said Jared Snyder, assistant DEC commissioner for air, climate and energy.
- Puh-Leeze! Blame PA Fracking for…the High Price of Firewood? Hydraulic fracturing well sites in Pennsylvania’s Marcellus Shale formation are using construction “mats” made of hardwood logs.
- Update on Panda Power’s Huge Marcellus-Powered PA Electric Plant. A whopping 1,000-megawatt plant on the site of a recently retired coal-fired plant near Shamokin Dam in Snyder County, PA.
- Dominion Files Pipeline Route Change to Avoid Salamanders, Swamp. Changes are made to minimize impacts on salamanders in two locations, to minimize impacts on a historic district, and to avoid crossing a swamp (yes, a swamp).
- Dartmouth Research: Fracking’s Benefits Extend Hundreds of Miles. “Every million dollars of oil and gas extracted produces $66,000 in wage income, $61,000 in royalty payments, and 0.78 jobs within the county.
- Cabot O&G 3Q15: Production Up a Little, Profits Down a Little. Even the mighty Cabot can’t overcome wicked low prices for natural gas in northeastern Pennsylvania–the lowest in the country. This year? They lost $15 million.