shale gas news
External Affairs Coordinator, Coterra Energy
Host, Shale Gas News
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about Keystone XL, U.S. Shale production, Russian Oil and much more last week.
The Shale Gas News has grown again to the Williamsport area on stations WEJS 1600 AM & 104.1 FM. 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 and now the Williamsport area. The Shale Gas News is aired on Saturday or Sunday depending on the station.
Every Saturday Rusty Fender, Matt Henderson and I host a morning radio show to discuss all things shale gas. This week, as a guest, we had State Representative Jonathan Fritz, representing the 111th Legislative District in the Pennsylvania House of Representatives, serving parts of Wayne and Susquehanna counties.
The Shale Gas News, typically, is broadcast live. On the April 23rd show (click above), we covered the following new natural gas territory (see news excerpts below):
- 16 AGs urge Biden to reinstate Keystone XL pipeline. Sixteen Republican attorneys general, led by Montana Attorney General Austin Knudsen, have called on President Joe Biden to reinstate the permit for the Keystone XL pipeline after learning that his administration wants to increase oil imports from Canada. “The oil you now want to import from Canada is the same oil that would have flowed through the Keystone XL pipeline, which would have transported nearly a million barrels per day – not only from Canada but from the Bakken oilfields in Montana and North Dakota – to American refineries,” the attorneys general write.
- U.S. Oil Production Climbs Despite Cautious Drillers. A couple of recent forecasts have projected sizeable increases in U.S. shale oil production this year, sparking optimism for an industry that has for the last two years maintained a culture of discipline and caution. According to the industry itself, caution will prevail. Marathon Oil has no plans to boost production this year, Petroleum Economist reported last month, despite booming oil prices. Pioneer Natural Resources also made it clear it was not going to change its strategy because of prices, with its chief executive Scott Sheffield saying on several occasions that a change of strategy was highly unlikely for both his company and most of the industry.
- EIA: U.S. Shale Production To See Sizeable Increase In May. U.S. Shale production in the seven most prolific shale basins is set to increase 132,000 bpd in May to 8.649 million bpd, according to the Energy Information Administration’s latest Drilling Productivity Report published on Monday. It would be the largest monthly production increase since March 2020, according to EIA data.
- U.S. refiners receiving last Russian oil cargoes before wind-down. Nine tankers carrying Russian-origin crude and fuel oil have discharged in the United States in April, likely the last ones to deliver before a wind-down set by Washington expires this week, customs and tanker tracking data showed. The United States last month set an April 22 ban on imports of Russian crude and refined products. The United States gave importers of Russian petroleum, liquefied natural gas and coal 45 days to take en route and under-contract.
- The West Is Still Buying Russian Oil, but It’s Now Harder to Track. Russia ramped up oil shipments to key customers in recent weeks, defying its pariah status in world energy markets. One increasingly popular method for delivery: tankers marked “destination unknown.” Oil exports from Russian ports bound for European Union member states, which historically have been the biggest buyers of Russian crude, have risen to an average of 1.6 million barrels a day so far in April, according to TankerTrackers.com. Exports had dropped to 1.3 million a day in March following the Ukraine invasion. Similar data from Kpler, another commodities data provider, showed flows rose to 1.3 million a day in April from 1 million in mid-March.
- National Grid offers ‘fossil free’ vision for gas system in New York. National Grid, which serves the largest number of gas customers in New York, is pushing a vision for a “fossil free” gas system to continue providing heat and energy to buildings for decades to come. The utility’s vision released Tuesday relies on blending hydrogen into the pipeline system and displacing the gas extracted from underground with renewable natural gas produced from landfills, cow manure and wastewater treatment plants. The company is offering the plan as an alternative to the predominantly gas-free plans of the state’s climate council, which is tasked with achieving an 85 percent reduction in emissions from 1990 levels by 2050.
The Shale Gas News sponsored by Linde Corporation
This post appeared first on Natural Gas Now.