External Affairs Coordinator, Cabot Oil & Gas
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 impact fees, Hydrogen, Renovo Energy Center 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 Congressman Fred Keller, U.S. Representative for Pennsylvania’s 12th congressional district.
The Shale Gas News, typically, is broadcast live. On the June 19th show (click above), we covered the following new natural gas territory (see news excerpts below):
- 2020 Impact Fee Collections Released in IFO Report. A report released yesterday by the Independent Fiscal Office contains the actual impact fee collections for 2020, a significant portion of which will be released to impacted townships by July 2021. Public Utility Commission reported revenues are $146.3 million for 2020, Collections were down $54.1 million, or 27%, compared to 2019.
- Oil prices continue to rise higher and higher. The COVID-19 pandemic had a huge impact on just about every major industry. The oil and gas industry was no exception. Now, the industry is back on an upward trajectory with prices like we haven’t seen in a long time. “We haven’t seen oil prices this good since 2018,” Kirk Edwards, president of Latigo and the former Permian Basin Petroleum Association chairman, said.
- TSA to lawmakers: Tougher pipeline cyber rules are coming, The Transportation Security Administration is preparing new oil and gas cybersecurity regulations following a massive Colonial pipeline hack that shut down the largest U.S. fuel pipeline system, a top official told lawmakers yesterday.
- Federal judge tosses suit to overturn natural gas drilling ban in the Delaware River Basin. A federal judge on Friday tossed a lawsuit over natural gas drilling in the Delaware River Basin as a political issue — not a legal one. U.S. Eastern District of Pennsylvania Judge Paul S. Diamond dismissed a lawsuit filed at the beginning of the year challenging a de facto fracking ban by the Delaware River Basin Commission for over a decade. That ban became official in February.
- How Japan’s Big Bet on Hydrogen Could Revolutionize the Energy Market. Japan built the world’s third-largest economy on an industrial base powered by imported oil, gas and coal. Now, it is planning to shift a big chunk of that power to hydrogen, in one of the world’s biggest bets on an energy source long dismissed as too costly and inefficient to be realistic.
- Diversified Expands Outside M-U Again, Buys Blackbeard in Barnett. Diversified Gas & Oil recently changed its name to Diversified Energy. Along with the name change came a strategy change. Until last month Diversified had concentrated on building the company by buying older (mature) oil and gas wells in the Appalachian Basin. In April the company announced it is branching out beyond Appalachia for the first time with a purchase of ~780 net operated wells and leases in the Cotton Valley/Haynesville region of Louisiana for $135 million.
- PA DEP Approves Renovo Energy Center in Clinton Cnty, Antis Appeal. Last fall MDN told you that a Marcellus-fired power plant planned for Clinton County, PA called the Renovo Energy Center, had come back to life as an even bigger project that will produce 1,240 megawatts of electricity when it gets built. We’ve just discovered that on April 29, the PA Dept. of Environmental Protection (DEP) approved the project, including an amended air quality permit.
The Shale Gas News sponsored by Linde Corporation
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