Shale Gas News – May 25, 2019

Bill desRosiers
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 renewable natural gas, Atlantic Coast Pipeline, severance tax and much more last week.

The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station! Gem 104 helps to solidify the Shale Gas News coverage in an important Marcellus region, PA’s northern tier. The Shale Gas News is now broadcasting in Bradford, Lackawanna, Lancaster, Lebanon, Luzerne, Lycoming, Pike, Sullivan, Susquehanna, Tioga and Wayne Counties, as well as in greater central PA. The Shale Gas News is aired on Saturday or Sunday depending on the station.

Every Saturday Rusty Fender and I host a morning radio show to discuss all things natural gas. This week we played an interview with Dave Williams of the PA Farm County Radio Network.

Shale Gas News

Renewable natural gas (RNG) production facility in Fair Oaks, Indiana.

The Shale Gas News, typically, is broadcast live. On the May 25th show (click above), we covered the following new territory (see news excerpts below):

  • Shale Magazine: How Shale is Reviving Rural America. Have you checked out the Shale Magazine? If you haven’t yet, do so. It’s an excellent online journal chronicling the continuously unfolding shale revolution. I’ve been fortunate enough to have contributed a couple of articles, including this one about “How Shale is Reviving Rural America.” Here are a few excerpts from my article: The shale revolution has turned North Dakota, which I once cited as the example of a disappearing rural America, into an economic miracle of sorts.
  • Stamford Finds It Can’t Pave Its Streets with Political Correctness. Stamford, Connecticut, signed onto a fractivist initiative thinking there were only political points to be scored, but now finds it can’t fix its streets without creating more pollution.  Stamford, Connecticut, is the third largest city in the Nutmeg State. It has no shale gas but is home to roughly 131,000 free energy riders, many of whom suppose their natural gas and their petroleum products will always be delivered somehow. The majority of Stamford’s elected officials, in fact, imagined they could pander to fractivists and those unaware constituents by enacting a “frack wastes ban.”
  • Gas Moratoriums Starting to Plague the Northeast: “Unexpectedly” – Gas moratoriums are now taking place in both Massachusetts and New York State. Urban residents with their heads buried in the sand act surprised, but… When things don’t turn out as advocates promise everyone they must and will, the explanation from reporters is, sadly, seldom to question the assumptions behind the bad predictions. Instead, what we too often get is a description of what turned out to be reality as “unexpected.”
  • Gov. Wolf Holds Hiking Trail Hostage – Won’t Reopen w/o Sev. Tax. Pennsylvania’s worst governor in a generation, Tom Wolf, continues his Santa Claus routine. Only this time with a twist…he’s become Bad Santa. Wolf has traipsed around the state for the past few months touting his so-called Restore PA program–a program that will fund all sorts of projects around the state–to the tune of a massive $4.5 billion. However, the only revenue source Wolf will consider to fund his Santa Claus giveaways is a Marcellus-killing severance tax.
  • UPS Makes a Wrong Turn – Buys into “Renewable” NatGas Hype. UPS, the package delivery company, is so excited they’re about to burst. The company issued a press release yesterday to announce they cut a deal to purchase 170 million gallon equivalents of so-called renewable natural gas (RNG) through 2026. It is “the largest commitment for use of RNG to date by any company in the United States.” Horray!!! What’s that? What is “renewable” natural gas? That’s methane from pig and cow poop, and from landfills. Somehow because the word “renewable” is slipped into the label, companies like UPS mistakenly believe Big Green will be pleased. We hate to burst their bubble…
  • Whispers Begin that Dominion May Abandon Atlantic Coast Pipeline. It would be a crushing defeat by the forces of evil (i.e. the Sierra Club and other radical leftist “green” groups) if Dominion Energy decides to give up on building the 600-mile Atlantic Coast Pipeline (ACP) from West Virginia to North Carolina. The decision on whether to build or not appears to come down to this: If the U.S. Supreme Court refuses to hear Dominion’s appeal about crossing the Appalachian Trail (56 other pipelines have done in the past), some analysts say Dominion will give up the fight.
  • EQT Urges Shareholders to Skip White Proxy Card, Wait for Gold Card. The battle to control EQT continues. Yesterday we brought you the news that Toby and Derek Rice–the Rice brothers, formerly owners of Rice Energy that sold itself to EQT in 2017–sent an open letter to EQT shareholders asking them to vote on the white proxy card that will soon be issued. Today we have EQT’s response, which is a letter to shareholders asking them to “ignore any solicitation materials and discard any white proxy cards you may receive” and instead wait for EQT’s soon-to-be-issued gold proxy card.

The Shale Gas News sponsored by Linde Corporation

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