Shale Gas News – November 30, 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 Senator Yudichak, wind energy, natural gas locomotives 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. A few weeks ago, PMA Perspective interviewed George Stark, Director of External Affairs at Cabot Oil & Gas, about the current state of the industry. This week we are playing part 2 of the interview.

In this week’s Shale Directories meet a member segment we were joined by Eddie Willets, CEO of Willets Midstream Services.

Shale Gas News

The Shale Gas News, typically, is broadcast live. On the November 30th show (click above), we covered the following new territory (see news excerpts below):

  • Pro-Gas Senator Yudichak Drops Out of Democrat Party!  As I noted here, State Senator John Yudichak has always been a stand-up guy. He’s been a relentless advocate for labor, supports natural gas development and is a fan of EnergizePA. He knows none of these things are popular with Democrats these days.  Every major Democrat candidate for President has come out against the fracking that has finally made America energy independent. Governor Wolf wants to throw away Pennsylvania’s progress on RGGI. Democrats in general have taken to lining up with elite environmental special interests against pipeline workers and energy-using consumers. Yudichak has said enough!
  • Wind Energy: Industrial Sized Environmental Problems and Lies. Wind energy promoters are facing huge problems. Among them are disposing of its fiberglass blades. But, bigger are the subsidies and the lies about them. We ran a post two weeks ago about wind energy problems with the disposing of old wind turbine blades. It has, to date, received over 13,400 page views and almost 7,000 Facebook likes. It turns out, though, the article may have understated the problem. A story from Iowa details the difficulties and they are serious. Even more serious, though, is the extent to which the industry has to lie to justify itself.
  • Natural Gas Locomotives Powering More and More Trains. Natural gas locomotives, only on the horizon a few years ago are now a reality, with lowered costs and lower emissions, albeit without the smell of diesel.  I’ve never been a rail fan per se (the kind who chases a train for hours to take pictures at every crossing) but I have some good, if occasionally grumpy, friends in that category who suddenly turn giddy at the mention of the four-letter word. I must also confess I do love the idea of rail and the sheer power of any locomotive. That power once came from coal and steam, of course, and later diesel, leading many modern rail fans to extol “the smell of diesel,” That smell isn’t going anywhere just yet, but more and more trains are running, or about to run, on natural gas as an alternative.
  • Fertilizer Made with Natural Gas Is Lifting Our World. Fertilizer, made with natural gas, has lifted nations out of near starvation, and made our modern lifestyles possible – shale gas is making it even better.  An interesting piece in Wall Street Daily titled “Everyone Wants to Dance with Shale Gas” focused on an aspect of natural gas that we don’t talk about nearly enough – its role as a feedstock for other industries. We have talked a bit about its importance to the petrochemical industry but this article addressed something we’ve only discussed in passing unit now – the value of our shale gas to agriculture, given its function as one of the key ingredients in fertilizer. Our ability here in the US to produce natural gas cheaply, moreover, has given us a tremendous comparative market advantage for attracting fertilizer manufacturing companies.
  • Arsenal Heads into Chapter 11 Bankruptcy for Second Time. On Feb. 4, 2019, the parent holding company for Marcellus driller Arsenal Resources, Arsenal Energy Holdings LLC, applied for what has to be the fastest “prepackaged bankruptcy” we’ve ever heard of. They sailed through the whole process in 10 days flat (see Arsenal Energy Exits Bankruptcy in 10 Days Flat). Less than 10 months later and the company is heading back into bankruptcy. However, this time it is Arsenal Resources, the driller itself (not the holding company) that’s heading into Chapter 11 bankruptcy. Arsenal drills on acreage in northern West Virginia.
  • Dirt Being Moved at PTT Ohio Ethane Cracker Site – Still no FID. It’s that time of year again, when we hear rumors that PTT Global Chemical will make a final investment decision (FID) about their $7.5 billion ethane cracker project planned for Dilles Bottom in Belmont County, OH. The decision is always “coming soon.” Hopefully. Maybe. Any day now. But maybe not until next year. Can you tell we’ve grown weary of the rumors? This time it might (underscore MIGHT) be different. This time it’s not rumor but some action that caught our interest. Steubenville, Ohio TV station WTOV has video of dirt being pushed around at the site. Which we take to be a good omen.
  • Range Resources Fracking Program – Meticulous & Thirsty. Washington (PA) Observer-Reporter reporter Rick Schrum recently went on a tour of fracking operations at a Range Resources site in Allegheny County, PA. Schrum interviewed Range’s water operations manager about how and where Range gets the water to drill and frack its wells.

The Shale Gas News sponsored by Linde Corporation

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2 thoughts on “Shale Gas News – November 30, 2019

  1. Pingback: Bill desRosiers Talks Energy, Shale and Growing Up in the Mining IndustryNatural Gas Now

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