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 Energy Transfer, injection wells, Spire STL Pipeline 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 guests, we had John Cosgrove, Executive Director of AllOne Foundation & Charities, Tom Pyle of the American Energy Alliance and Institute for Energy Research This week, as guests, we had Tom Pyle of the American Energy Alliance and Institute for Energy Research and Mike Atchie, Public Outreach Business Partner at Williams.

The Shale Gas News, typically, is broadcast live. On the November 27th show (click above), we covered the following new natural gas territory (see news excerpts below):

• Shell CEO Admits Defeat – Says Fossil Fuels on the Way Out. Whether Royal Dutch Shell CEO Ben van Beurden actually believes in the mythology of man-made global warming, or whether he doesn’t believe it but just pays lip service to it, one thing is clear: van Beurden believes in the not-too-distant future Shell will not be in the oil and gas business but instead in the so-called renewables business, including hydrogen. That was clear from comments made by van Beurden during the Web Summit conference held in Lisbon, Portugal, on Tuesday.
• ODNR Issues Permits to 2 Belmont Injection Wells to Allow Startup. We have some exciting, and exclusive, news to share with the MDN audience. We previously told you that the Ohio Dept. of Natural Resources (ODNR) was behaving like a child, dragging its collective heels to prevent two side-by-side injection wells in Belmont County developed by Omni Energy from beginning operation. Omni had to sue the ODNR, for a second time, in Ohio Supreme Court, over ODNR’s refusal to issue the permits and attempts to add new conditions not found in the regulatory code. The good news is that ODNR, under intense pressure, relented and on Friday issued permits for both wells to begin operations.
• Chesapeake 3Q: Upper Marcellus is “Star Performer” – Chesapeake Energy released its third quarter update yesterday. The company has newfound energy (pun intended) since emerging from bankruptcy earlier this year and ejecting most (but not all) of its top management along with an entire refresh of the board. The company reports a net loss of $345 million during 3Q21, which is better than the $745 million net loss in 3Q20. There’s no one big reason for the loss. Revenues were down a bit ($890 million in 3Q21 vs. $960 million the year before), marketing costs were up a bit ($625 million vs. $450 million), etc. The financial loss didn’t phase investors as the stock price popped up by 3.3% from the day before.
• Energy Transfer’s Warren: Calls for the End of Fossil Fuels “Insanity” – During a question-and-answer session at a Texas Oil & Gas Association conference in Dallas, TX, Kelcy Warren, founder and executive chairman of pipeline giant Energy Transfer, said that oil and natural gas are not going away any time soon–if ever. Commenting on an editorial from the lefties at the Dallas Morning News who claim so-called net-zero carbon policies would ultimately mean oil is no longer needed, Warren said, “It is insanity for them to even say such things.” Finally! A major oil and gas figure of a publicly-owned company who is unafraid to stand up and say irrational anti-fossil fuelers are truly insane.
• Budweiser Beer Warns of Dire Consequences if Spire STL Pipe Closes. You can add a shortage of Budweiser Beer to the list of dire consequences if the Spire STL pipeline in the St. Louis region shuts down permanently one month from now due to a lawsuit brought by the uber-left radicals of the Environmental Defense Fund. Spire STL is a 65-mile pipeline that connects to and flows Marcellus/Utica gas from the Rockies Express (REX) pipeline to residents and businesses in the St. Louis, MO area. Parent company Spire has been warning (for months) of extreme consequences, including no heat and potential death for some residents, if natgas supplies on the pipeline are forced to stop. Now businesses in the region, including Anheuser-Busch, are adding their very loud voice to Spire’s voice.

The Shale Gas News sponsored by Linde Corporation