shale gas news
Bill desRosiers
External Affairs Coordinator, Coterra Energy
Host, Shale Gas News

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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 gas prices, plastics, carbon border 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 guests, we had Brook Simmons, President of The Petroleum Alliance of Oklahoma.

The Shale Gas News, typically, is broadcast live. On the May 7th show (click above), we covered the following new natural gas territory (see news excerpts below):

• Why Are Gas Prices Still Going Up? Drivers in 2022 face an increasingly painful experience every time they fill up their gas tanks. National-average regular unleaded gas prices sit at $4.23 per gallon as of this writing – up 2% from $4.13 just a week ago, up 29% from $3.28 at the start of the year and 45% higher than the $2.91 national average a year ago.  Why are gas prices rising so much? And when will gas prices go back down again?
• Why Surging Natural-Gas Prices Haven’t Sparked a Drilling Boom – Natural-gas drilling has rarely been so profitable. Yet U.S. producers say they will retire debt, buy back shares and pay dividends rather than ramp-up output.  The pursuit of stock-boosting financial maneuvers has helped shares of Antero Resources Corp. AR -1.88% , EQT Corp. and others shine in a down market. It also adds to concerns about low supplies and suggests higher prices ahead for the heating and power-generation fuel, which has already contributed to the sharpest inflation in four decades.
• Carbon border fee gains traction, but hurdles remain. Sen. Joe Manchin’s bipartisan energy gang is trying to breathe life into a carbon border adjustment, but it is still struggling with the same political problems that have dogged past efforts to slap tariffs on carbon-intensive goods. Republicans emerged from a meeting of the group Monday pitching a vision for a carbon border adjustment that would penalize imports of high-emissions products from countries like India and China, without a domestic price on carbon in the United States (E&E Daily, May 3).
• EPA to weigh regulating common plastic as hazardous waste. EPA may finally classify a commonly used plastic as hazardous waste, following a long legal struggle with advocates. The Center for Biological Diversity said this afternoon that it has reached a deal with EPA over polyvinyl chloride, more well known as PVC or vinyl, following a decade of back-and-forth. Under the agreement, EPA must assess within nine months whether PVC constitutes hazardous waste under federal law.
• Looking to Invest in O&G Companies? M-U Drillers Offer Big Returns. One of the hottest of the hot sectors in which to invest (right now) is shale energy. That’s according to multiple sources, including a veteran finance writer, investor, engineer, and researcher. In an article appearing on the OilPrice.com website, Alex Kimani talks up mid-cap energy stocks as outperforming the supermajors. Among two of Kimani’s top three picks are two Marcellus/Utica drillers, who are having a stellar year in stock performance. We went looking for the stock performance of other M-U drillers too. We have a list to share showing just how much each driller’s share price has increased this year.
• Enverus Launches Free Online Tool to Track Mineral Rights, Royalties. It’s not often a new product announcement catches our attention. Enverus, previously known as Drillinginfo, sent MDN a product announcement for the company’s first consumer-facing product. It’s called MineraliQ and if you are an individual landowner or mineral rights owner, you are going to love this. MineraliQ is an online service that provides everything you need to know about your minerals in one place, including payments, well locations, and important activity near your minerals that you should know about. The new service will even help you estimate how much your mineral rights are worth now and in the future. This is seriously cool stuff. And it’s free!

The Shale Gas News sponsored by Linde Corporation