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 severance tax, natural gas tractors, the DALP lawsuit and much more last week.
The Shale Gas News has grown to THREE stations! We are now broadcasting with YesFM. YesFM will be airing the full 60 minute version of the program on Sunday mornings. YesFM broadcasts primarily in Sullivan and Bradford counties, with some ancillary coverage in neighboring counties and even over the border into New York.
Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week, as guests, we had Gordon Tomb, Senior Fellow, at the Commonwealth Foundation and Tom Shepstone of Natural Gas NOW.
The Shale Gas News, typically, is broadcast live. On the September 9th show (click above), we covered the following new territory (see news excerpts below):
- PA House Introduces Balanced Budget with NO Severance Tax. The Republicans in the Pennsylvania House of Representatives have done the hard work that PA Senate Republicans failed (or refused) to do: they have just introduced a budget bill that doesn’t raise a single tax, including no horrible severance tax–and yet they will balance a wildly overspent budget. How will they accomplish this feat of Houdini magic? By tapping into the bloated extra money budgeted but not spent by numerous state agencies.
- A PGW customer’s plea gets no sympathy from the PUC. Somebody ratted Patrick Kelly out to the Philadelphia Gas Works, which dispatched a revenue-protection team to his Fox Chase home in 2015 to inspect his incoming gas line. Investigators for PGW discovered a flexible metal hose attached to the house’s service line, bypassing the utility’s meter. The illegal line supplied free fuel to two furnaces, a hot water heater, a gas range, a gas dryer, and a swimming pool heater.
- East Meets West as Rocky Mountain Natural Gas is Set to Enter the Expanding Global LNG Export Market. The Jordan Cove Energy Liquefied Natural Gas (LNG) Project received top billing this year during the Colorado Oil and Gas Association Energy Summit. And for good reason: the Oregon LNG export terminal will provide key access to international markets for Colorado’s natural gas industry on the west slope, further bolstering the United States’ sudden ascendance as major LNG exporter.
- New Holland Develops NGT (Natural Gas Tractor). New Holland, one of the world’s leading manufacturers of farm equipment, already has a propane farm tractor and has now developed one that uses methane fuel. It’s being marketed as a “sustainable” farm tractor that burns farm-generated methane, but it can just as easily work off conventional natural gas, of course. New Holland already has a propane powered farm tractor, so this is the next logical step. It’s one sleek blue farm machine and provides one of those examples where renewables and natural gas overlap and are mutually supportive. I can’t wait to see one in action.
- Long Overdue DAPL Lawsuit Shows How to Fight Fractivism. Energy Transfer Partners, the company behind DAPL, is showing how to fight fractivism and the radical environmental enterprise with an overdue RICO lawsuit. This is somewhat old news given the fact the lawsuit was filed two weeks ago, but it’s taken me that long to get through the 187 page complaint filed by DAPL owner Energy Transfer’s against its radical tormentors. A copy of the complaint may be found here and, as usual, I have highlighted the most important parts as I see them. It is a comprehensive allegation that opponents of DAPL, led by Greenpeace, operated as a racketeering enterprise.
- Rover Pipeline Triples Volume of Gas Flowing, Prices Go Up. Phase 1A of the Rover Pipeline has been online for less than a week. As we reported on Sept. 1st, Energy Transfer planned to initially flow around 211 million cubic feet per day (MMcf/d) of Utica/Marcellus natural gas. However, according to flow data from Genscape (as reported by Natural Gas Intelligence), within a few days the pipeline ramped up and began flowing over 600 MMcf/d–triple the initial volume. The result? The commodity price at the Dominion South trading point popped.
- Chesapeake CEO Doug Lawler Gives Update on “World Class” Marcellus. British banking powerhouse Barclays is holding its annual Barclays CEO Energy-Power Conference this week in New York City (at the Sheraton in Times Square). Media is not allowed–we’ve tried to score a pass in the past and were turned down flat. The top brass for many different types of energy companies show up to brief investors on the latest goings on within their companies. Some of the companies showing up have a major presence in the Marcellus/Utica, including the largest natural gas producer in the U.S.–Chesapeake Energy.
The Shale Gas News sponsored by Linde Corporation