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Wednesday, January 18, 2017

01/18/2017 Links of the Day: Gulfport Energy Awards Grants, EPA Approves Wastewater Discharge, and More

Bloomberg:  Meet the Obscure Group Influencing Trump's Energy Policy   -   "An obscure Washington policy group that opposes almost any government aid for renewable energy has emerged as an influential force in shaping Donald Trump’s plans to dismantle Obama administration climate..."

Stow Sentry:  Company Seeks to Drill Natural Gas Well   -   "A proposal to drill a natural gas well on private property adjacent to Kimpton Middle School may be in the Board of Education's future to consider. David Beck of Beck Energy in Ravenna told the Board members at their Dec. 5 meeting that he is working with the Armbrusts who own 27 acres at..."

The Motley Fool:  Top Gas Stocks to Buy in 2017   -   "Natural gas' growing presence on the world stage demands the attention of investors. But how you buy into the fuel is the important question. Royal Dutch Shell (NYSE:RDS-A) (NYSE:RDS-B), Enterprise Products Partners (NYSE:EPD), and Rice Energy(NYSE:RICE) are three top gas stocks that could find their way onto..."

Forbes:  Despite OPEC Production Cut, Another Year of Low Oil Prices is Likely   -   "An OPEC production cut offers oil producers hope for higher prices in 2017. But there is a dark cloud hanging over that expectation. Global storage inventories must be substantially reduced before higher oil prices can be sustained. Some of U.S. tight oil has nowhere to go but into storage because..."

Business Journal Daily:  Second Lordstown Energy Plant to Be Announced Today   -   "Officials will formally announce plans for the construction of a second electrical generation plant along Henn Parkway during a ceremony this afternoon. “It’s a bigger investment than the first one,” Guy Coviello, vice president of government affairs at the Youngstown Warren Regional Chamber, said Tuesday. “It’s rare for a community to have..."

Press release:  Rex Energy Announces Closing of Ohio Utica Warrior South Asset Sale   -   "Rex Energy Corporation (Nasdaq:REXX) ("Rex Energy") today announced that it has closed on the previously announced sale of its Ohio Utica Warrior South assets to Antero Resources Corporation ("Antero"). The sale of the Warrior South assets includes 14 gross wells and approximately 4,100 net acres in Guernsey, Noble and..."

WKSU:  Another Round of Lease Deals in the Utica Shale Are in the Works   -   "Since development of the Utica Shale play began in 2010, Ohio property owners have be paid an estimated $2 billion in bonuses for signing drilling leases. After seven years, with many leases expiring, some -- but not all -- of those owners may get paid..."

Scene & Heard:  Ohio EPA Will Allow Proposed Ethane Cracker to Discharge Wastewater into Ohio River   -   "The Ohio EPA began 2017 by granting PTT Global Chemical a water permit that will allow the company to discharge wastewater from a massive ethane cracker into the Ohio River. The cracker, a proposed..."

The Daily Jeffersonian:  Gulfport, Foundation for Appalachian Ohio Awards Grants   -   "The Gulfport Energy Fund at the Foundation for Appalachian Ohio announced its second round of 2016 grantees at its annual grantee celebration. Ten grant recipients received more than $50,000 in grant awards supporting projects related to environmental stewardship and health and human services. The grants supported nonprofit and public organizations in Belmont, Guernsey, Harrison, Jefferson, Monroe and..."

Bloomberg:  Oil Drillers Are Expanding Again After Losing Half-Million Jobs   -   "The oil industry is expected to boost spending for the first time in three years after slashing almost half a million jobs globally during the downturn, according to industry consultant Graves & Co. More than three quarters of the 440,131 oil jobs eliminated..."

Energy in Depth:  Bureau of Land Management to Lease Another 1,186 Acres in Ohio   -   "The Bureau of Land Management (BLM) announced late last week it will lease another 1,186 acres in Ohio’s Wayne National Forest (WNF) in an upcoming auction set for March 23. In doing so, the BLM has increased the acreage up for sale by 65 percent over the..."

Daily World:  Feds: Oil May Linger at Mid-$50 Range   -   "Federal forecasts for oil and gas prices may show a mixed bag for Acadiana over the next two years. The U.S. Energy Information Administration suggests in its January Short-Term Energy Outlook that West Texas Intermediate oil prices will average about..."

WKSU:  Evolution of Cracker Project Nears an End   -   "The decision on whether to build a multi-billion-dollar cracker plant in eastern Ohio is expected by the end of March and key environmental permits may already be in place. The Ohio EPA issued wastewater discharge permits and a water quality certification for the Belmont County complex..."

Wall Street Journal:  For Shale Drillers, Rising Oil Prices Also Come with Rising Costs   -   "U.S. shale drillers that proved resilient during the oil downturn face a new test in 2017: Can they make money producing more now that prices have stabilized? The price of crude is hovering just below $55 a barrel—the level many energy companies said they needed to make a profit—and that is setting off a race to..."

Toward Freedom:  'The Power to Create a New World': Trump and the Climate Challenges Ahead   -   "The catastrophic climate change is no longer a subject for argument, at least on a mainstream level within the science community. Yet, as temperatures continue to rise, American efforts to combat global warming sadly seem to decline. President Elect Donald Trump is more concerned by the..."


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