Natural gas is a commodity business and money is made in commodities by continually lowering costs. Cabot Oil & Gas has lowered its operating expenses 21%.
Cabot Oil & Gas has done something remarkable for a commodity business where lowering costs is the key to everything good. It has lowered its year over year first quarter operating expenses by an astounding 21%. The result is not only higher net income, but also improved cash flow. More…
ContinueAdded by Thomas J Shepstone on May 1, 2018 at 2:08am — No Comments
There is a lot of support for the Maryland wind farm project, but unfortunately, it all comes from environmentalists or the pressures they put on others.
Summer is right around the corner and as we see every year in Maryland, thousands of tourists and state residents will be voyaging to the Great Eastern Shore of Maryland to relax in the sun, enjoy off-shore fishing charters, and many will have just one-too-many drinks at the famous Secrets bar and…
ContinueAdded by Thomas J Shepstone on April 30, 2018 at 2:19am — No Comments
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about the New York frack ban, commercial shipping, shale growth and much more last week.
The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station! Gem 104 helps to solidify the Shale Gas News coverage in an important Marcellus region, PA’s northern tier. The Shale Gas News is now broadcasting in Bradford, Lackawanna, Lancaster, Lebanon, Luzerne,…
ContinueAdded by Thomas J Shepstone on April 30, 2018 at 2:05am — No Comments
There are two aspects of green energy insanity that never get adequate attention, the reliance on rare earth minerals and the demolition and wastes issues.
The lousy economics, especially compared to those of natural gas and its emissions cutting benefits, is part of the green energy insanity I wrote about a few days ago. I provided a followup in my …
ContinueAdded by Thomas J Shepstone on April 29, 2018 at 10:31am — No Comments
The good people of Youngstown, Ohio, need to take the offense against the CELDF extremists holding it hostage to repeated referendums every six months.
Although Youngstown, OH voters have voted down various versions of a proposed frack ban law six previous times, on Tuesday the Ohio Supreme Court voted 5-2 to allow a seventh such ballot measure to appear…
ContinueAdded by Thomas J Shepstone on April 29, 2018 at 1:47am — No Comments
Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.
Understanding New York and New England Fractivism
If you really want to understand what motivates the opposition of wealthy New Yorkers and Bay Staters to fracking and absolutely essential pipeline development in a region ever more dependent on natural gas, it’s worth reading…
ContinueAdded by Thomas J Shepstone on April 28, 2018 at 1:50am — No Comments
We all want green energy and as technology advances we’ll get more and more of it, but it’s time to stop the insanity of funding wildly uneconomic ventures.
One of our reader sent me an article yesterday indicating how irrational the push for green energy has become. Green energy is, of course, right up there with apple pie and motherhood as something to be desired and never criticized. We all want clean energy for as little cost as possible. Some folks,…
ContinueAdded by Thomas J Shepstone on April 27, 2018 at 5:18am — No Comments
New England is paying a big price for the political correctness and NIMBYIsm of Massachusetts and the demagoguery of its pols, not to mention New York’s.
New England has become heavily dependent on low cost natural gas, which accounts for about half of its power generation as the region has retired many of its coal and nuclear plants. However, because of a lack of pipeline infrastructure, New England has difficulty getting sufficient supplies of natural gas…
ContinueAdded by Thomas J Shepstone on April 27, 2018 at 1:47am — No Comments
The supposedly undocumented Andrew Cuomo is attempting to appease every special interest imaginable but this we know; he heats with oil and cooks with gas.
It’s easy to tell when Andrew Cuomo is lying; his voice goes into nauseating New York crime boss tone and he starts snarling. He did so the other day when he decided he needed to outflank Cynthia Nixon in welcoming illegal aliens, calling himself “undocumented.” It was a moment of ridiculousness, but the…
ContinueAdded by Thomas J Shepstone on April 26, 2018 at 2:07am — No Comments
The DRBC is willing to bully shale landowners over imagined threats to water quality but it won’t touch the real pollution down river where the power is.
Monday of this week I wrote about the absurdity of the DRBC attempting to ban fracking over speculated riskswhen, in fact, there was evidence of real pollution in the Delaware…
ContinueAdded by Thomas J Shepstone on April 25, 2018 at 3:26am — No Comments
Corrupt Andrew Cuomo and his DEC deny yet another important NY pipeline project claiming “incomplete” information on the water crossing permit application.
A new fight is shaping up in the (crumbling) Empire State. Once again Andrew Cuomo, at the prompting of Big Green groups (corrupted by their big donations to his campaign war chest) has instructed his lackeys who run the Dept. of Environment Conservation (DEC) to reject a modest pipeline expansion proposal…
ContinueAdded by Thomas J Shepstone on April 24, 2018 at 7:07am — No Comments
Pennsylvania is almost king of the hill in natural gas but success is threatened by Tom Wolf’s plan to take from landowners and give to public employees.
Tom Wolf, Pennsylvania’s trust-funder governor, owes his political success to public employee unions who have given him enormous sums of money to maintain their sweetheart pension deals. He has tried and tried to get a severance tax on natural gas for the purpose of paying them off. Fortunately, he’s failed…
ContinueAdded by Thomas J Shepstone on April 24, 2018 at 3:20am — No Comments
The DRBC’s justification for its proposed fracking ban rests largely on speculation of risks from accidental spills. So what about the commercial shipping?
Earlier this month, I summarized Marcellus Shale Coalition comments on the proposed DRBC fracking ban, noting the following, which is central to the MSC’s…
ContinueAdded by Thomas J Shepstone on April 23, 2018 at 2:36am — No Comments
The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about royalties, rule of capture, Mariner East 2 protesters and much more last week.
The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station! Gem 104 helps to solidify the Shale Gas News coverage in an important Marcellus region, PA’s northern tier. The Shale Gas News is now broadcasting in Bradford, Lackawanna, Lancaster, Lebanon, Luzerne,…
ContinueAdded by Thomas J Shepstone on April 23, 2018 at 2:10am — No Comments
Individuals and groups claiming to be environmentalists have successfully (to date) kept Marcellus Shale gas out of New England and brought us Russian LNG.
Environmentalists are winning in Massachusetts by getting natural gas infrastructure projects shelved. Natural gas consumers in the state, however, are losing out because those pipelines would supply natural gas to consumers at a lower cost than imported liquefied natural gas (LNG)—some of which is coming…
ContinueAdded by Thomas J Shepstone on April 21, 2018 at 11:15pm — No Comments
Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.
Our guest blogger, Robert Bradley, Jr., from the Institute for Energy Research, has a nice piece in Forbes making mincemeat of yet another failed Rolling Stone attempt at independent investigative reporting. The conclusion is a beautiful…
ContinueAdded by Thomas J Shepstone on April 20, 2018 at 10:52pm — No Comments
Fuel cell power plants made possible by the plentiful natural gas unleashed by the shale revolution are changing the world of heat and power as we know it.
A fuel cell is a source of power which will efficiently convert clean natural gas into virtually emissions free electricity. You can almost compare a fuel cell to a battery, but the fuel cell will never run down…
ContinueAdded by Thomas J Shepstone on April 20, 2018 at 4:38am — No Comments
Pennsylvania DEP shook down the Mariner East 2 for $12.6 million in penalties, with help from the usual suspects, and is now looking to reward some folks.
Pennsylvania’s Department of Environmental Protection (DEP) is passing out goodies—$12.6 million of them—and will undoubtedly use the opportunity to reward folks reliably likely to vote for Tom Wolf this Fall. The money comes from penalties imposed in February after a Mariner East 2 pipeline shutdown by…
ContinueAdded by Thomas J Shepstone on April 20, 2018 at 1:42am — No Comments
There’s something incredibly wrong when the ordinary citizens of a neighborhood are robbed through taxation to subsidize electric vehicles for the wealthy.
Electric vehicle (EV) subsidies are an often-overlooked yet pernicious example of handouts to the wealthy disguised as environmentalism.
The federal government provides tax credits of up to …
ContinueAdded by Thomas J Shepstone on April 19, 2018 at 2:43am — No Comments
Hydraulic fracturing is apparently confusing for some judges, while pipelines are cause for civil war in Canada. DEP data, though, is cause to celebrate.
It has been nearly two weeks since Judge Musmanno, writing for the Pennsylvania Superior Court, ruled in the case of Briggs v. Southwestern Energy Company that the Pennsylvania “Rule of Capture” does not apply to hydraulic fracturing situations, and confusion still reigns.
For the…
ContinueAdded by Thomas J Shepstone on April 19, 2018 at 2:00am — No Comments
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