The Denver Post has long been a mainstay of objectivity and news reporting in Colorado. But when we picked up the paper over the weekend and read a story titled, “What does $80 million buy oil and gas interests?,” we wondered how a story that reads like an anti-oil and gas activist blog made it…
An environmental activist group called CDP, formerly the Carbon Disclosure Project, is out with a new report claiming that major oil companies are supposedly responsible for the vast majority of historic greenhouse gas emissions. But a deeper look into the report shows that CDP is simply repackaging old data from one of the groups behind…
It is often forgotten that California has a robust, century-old oil and gas industry that has helped power the state’s rise into a cultural and economic superpower, all while operating under the strictest environmental regulations in the nation. This is why recent anti-industry attacks from activists suggesting California should curb its oil production are far…
It seems like Marcellus gas-fired electric generating plants are popping up faster than early summer dandelions around Pennsylvania. However, appearances can be deceiving. Decisions and plans to build these vitally important energy infrastructure projects aren’t made at the drop of a hat. They take years. For example, we spotted an article about the groundbreaking for…
Hollywood actor James Cromwell is not only a privileged, spoiled 77-year old, he’s also self-loathing–because he’s white. That’s what we take from an article appearing in People magazine and its interview with Cromwell, who starred in movies like Babe, The Sum of All Fears and (one our favorites), Star Trek: First Contact. Cromwell, a Manhattanite,…
Private equity firm EnerVest owns a lot of acreage and wells (most of them conventional) in the Marcellus/Utica region. In addition to investing in land and wells, EnerVest also has its own upstream subsidiary, EV Energy Partners. In March of this year, EnerVest put 360,621 acres of leases and 1,100 wells in the Appalachian Basin…
The true colors of PennFuture, a radical anti-drilling group, are now revealed for all to see. In June, MDN warned you that Big Green groups like PennFuture are attempting to “weaponize” a recent PA Supreme Court ruling (see PA Anti Strategy: Weaponize Recent Court Ruling Against Shale Dev). The Supremes, in a sharply divided decision,…
As recently as July 7th, Energy Transfer Partners, builders of the mighty 711-mile Rover Pipeline project that will run from PA, WV and eastern OH through OH into Michigan and eventually into Canada, said that a portion of Phase 1–from Cadiz, OH to Defiance, OH–will be completed and go online this month, in July (see…
In May 2015, Rover purchased a house in Carroll County, OH, located near where the pipeline, and a compressor station for that pipeline, is due to run. Rover bought the house to use for offices for several Rover affiliate companies. After buying it, Rover determined the house was “ill-suited for its intended purpose” and decided…
One of our favorite oil and gas analysts, Richard Zeits, says it’s a long shot at best that the corporate raiders at Jana Partners will be able to scuttle EQT’s planned purchase of Rice Energy. In June, EQT announced a deal to buy out Rice Energy for $6.7 billion in cash and stock, and assume…
Yesterday, MDN’s favorite government agency, the U.S. Energy Information Administration (EIA), issued our favorite monthly report–the Drilling Productivity Report (DPR). The DPR is the EIA’s best guess, based on expert data crunchers, as to how much each of the U.S.’s seven major shale plays will produce for both oil and natural gas in the coming…
Mark Zuckerberg is the very wealthy and quite young founder and CEO of Facebook. As is typical of his generation and in the tech world, Zuckerberg is a flaming liberal. But you have have to give the guy credit. He not only founded Facebook, he grew it–to one of the biggest companies (value-wise) in the…
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: M-U rig counts double those of a year ago; natgas is saving farms and building communities in PA; discrimination lawsuit in the Marcellus; it’s not your father’s Haynesville Shale; China opening up to US oil; why nuclear…
Institute for Energy Research …. …. Decarbonization has no place in America’s energy plan. It relies on technology not developed yet, to reduce carbon dioxide, which natural gas is already doing at record rates. “With a clean electricity system comes opportunities to reduce fossil fuel usage in these sectors: for example, electric vehicles displace…