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Wednesday, April 5, 2017

04/05/17 Links of the Day: U.S. Oil Exports Hit New High, Rover Pipeline Progresses, and More

Times Reporter:  Plenty of Work for Building Trades   -   "Drilling in the Utica Shale and construction of the Johnson Controls Hall of Fame Village has generated plenty of work for building and construction trades workers. “There’s a lot of work in the surrounding counties and states,” said Dave Kirven, president of the East Central Ohio Building & Construction Trades..."

WMFD.com:  Rover Pipeline Underway in Richland Co.   -   "Construction of the Rover Pipeline has made its way to Richland County. The new interstate natural gas project to transport 3.25 billion cubic feet per day (Bcf/day) of domestically-produced natural gas to markets in the Midwest, Northeast, East Coast, Gulf Coast and Canada, with direct deliveries to Ohio, West Virginia, Michigan, and into the Dawn Hub in..."

The Times Leader:  Pipeline Progressing Across Belmont County   -   "Progress continues on the Rover Pipeline, which will pass through Belmont County and carry natural gas across 18 counties and four states. The Belmont County Board of Commissioners signed a road use maintenance agreement Wednesday, retroactive to Dec. 7, that includes Clover Ridge Road, a portion of..."

Bloomberg:  Shale Drillers Face an Uncertain 2018 with Most Hedges Expiring   -   "A surge in hedging contracts is helping U.S. shale drillers ride out the turmoil in global oil markets this year. Next year may not be so easy. As of March, the biggest explorers had hedged 28 percent of this year’s production, according to Warren Russell and Michael Cohen of..."

U.S. Energy Information Administration:  Total U.S. Energy Production Falls in 2016 After Six Consecutive Years of Increases   -   "U.S. primary energy production totaled 84.1 quadrillion British thermal units (Btu) in 2016, falling 4% from the 2015 level, the first annual decline in U.S. energy production since 2009. The decline in production coincided with an increase in both total energy imports and..."

Energy & Environmental Law Blog:  Ohio Court Rules Royalty Interests May Be Abandoned Under ODMA   -   "Deciding an issue of first impression in the state, Ohio’s Seventh District Court of Appeals recently held that oil and gas royalty interests may be abandoned under the Ohio Dormant Mineral Act (ODMA). See Devitis v. Draper (Mar. 20, 2017). In Draper, the court first looked to its prior..."

Forbes:  A Pillar of the Anti-Fracking Movement Takes a Hit. The Implications?   -   "A pillar of the anti-fracking movement has fallen now that a federal judge has set aside a lucrative jury award and has ordered a new trial. It involves the Dimock case that was spotlighted by the 2010 documentary “Gasland,” which sought to portray drilling as harmful..."

The Intelligencer:  Ethane Cracker Coming to the Heart of Texas   -   "PTT Global Chemical America officials are waiting until the end of 2017 to decide whether to build an ethane cracker in Belmont County, but one petrochemical project received a firm commitment this week — in Texas. French energy giant Total, which has some drilling operations in the Utica Shale, will build..."

Washington Examiner:  Supreme Court Denies Trump's Effort to Halt EPA Water Rule   -   "The Supreme Court on Monday denied the Trump administration's request to place a hold on litigation over former President Barack Obama's Waters of the U.S. rule so it can begin repealing it. The high court denied the administration's request without explanation. The Justice Department wanted the high court to hold off on..."

Reuters:  Environmental Groups Sue Trump Administration for Approving Keystone Pipeline   -   "Several environmental groups filed lawsuits against the Trump administration on Thursday to challenge its decision to approve construction of TransCanada Corp's controversial Keystone XL crude oil pipeline. In two separate filings to a federal court in Montana, environmental groups argued that the U.S. State Department, which granted the permit needed for..."

Breitbart:  EPA's Scott Pruitt Gets Eaten Alive by Fox   -   "I just watched Scott Pruitt, head of the Environmental Protection Agency, get eaten alive by Fox News Sunday anchor Chris Wallace. Not only was it an ugly and painful sight but it was also a very dispiriting..."

Bloomberg:  U.S. Petroleum Exports Climb to Record as Crude Output Grows   -   "When it comes to petroleum, the U.S. is the land of plenty. The year 2017 started off with a bang for American oil companies as total crude and petroleum products exports rose to a record 5.69 million barrels a day in January, government data show. A surplus of fuels means exports are..."

Oilprice.com:  Is Natural Gas in the Midst of a Boom-Bust Cycle?   -   "After six decades of relying on outside sources, the United States is poised to become a consistent net exporter of natural gas. The shale boom and the rush to embrace LNG has fueled the shift, one that will have significant consequences for natural gas prices around the..."


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