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Wednesday, August 30, 2017

Links of the Day: Get Caught Up on More of the News from the Past Week

After being off last week, we've tried to catch you up to some of the most relevant stories we missed getting a chance to post about.  There are a couple more of those coming, but here is a quick rundown of some more just to get caught up.  It's today's Links of the Day.

U.S. EIA:  Natural Gas Pipeline Projects Lead to Smaller Price Discounts in Appalachian Region   -   "As new pipeline projects and expansions are completed, the difference between the Henry Hub national benchmark price and daily spot natural gas prices at pricing hubs in the Appalachian region has narrowed. Through the first seven months of 2017, the difference between prices at the Henry Hub in Louisiana and at Dominion South in southwestern Pennsylvania averaged $0.53 per million British thermal units (MMBtu), about two-thirds..."

Rigzone:  Energy Transfer Offering Exposes Pipeline Parent Trap   -   "Investors gave a thumbs up on Tuesday to Energy Transfer Partners LP's decision to raise as much as $1.16 billion by issuing new units. They just happened to express their enthusiasm by driving up the price of a different stock, Energy Transfer Equity LP: Energy Transfer Equity is, of course, the parent of what is variously called the Energy Transfer group, complex or empire. The reason the parent's units..."

Press release:  EQT Foundation Awards Nearly $4M During First Half of 2017   -   "The EQT Foundation awarded grants and scholarships during the first and second quarters of 2017 totaling nearly $4 million. Approximately 44 non-profit organizations throughout Pennsylvania and West Virginia received funding for programs that focus on education, diversity, community & economic development, environment, and arts & culture throughout EQT Corporation’s operating..."

WTOV News:  How Can Steubenville Benefit From the Oil and Gas Industry?   -   "Mike Chadsey, director of public relations for the Ohio Oil and Gas Association was on hand to answer questions in Steubenville and provide some industry insight. He told a group of about 30 people, including council and port authority members, along with the Steubenville revitalization committee, that the industry is rebounding. The representative said what happens with the proposed cracker plant in Belmont County will be telling for the future of oil and gas in the area and that Steubenville could be..."

Washington Examiner:  New Trump Executive Order Will Hasten Oil and Gas Pipeline Permits: Industry Officials   -   "President Trump is expected to sign an executive order Tuesday afternoon that the oil and gas industry sees as essential to speeding up pipeline reviews and permitting, in addition to other energy infrastructure projects, according to senior representatives of the oil and gas industry and unions. "We also look forward to President Trump as he signs an executive order aimed at streamlining the permitting process for..."

PlasticsNews:  dlhBowles Opens Assembly Plant in Mexico, Closing Ohio Plant   -   "The opening of the Reynosa factory is not directly related to dlhBowles’ decision to close an assembly plant in Carrollton, Ohio, and lay off 94 people by March 31. Saxon said the Carrollton work will be absorbed into other existing manufacturing facilities in Ohio, Maryland and Mexico. Fracking optimism in Carrollton Carrollton is a small city southeast of Canton that has seen other recent closings that cost jobs. But a local economic development official is upbeat about luring future plastics-related companies..."

WTOV News:  PTT Global Offering Families Purchase Option Agreements   -   "PTT Global has offered several families purchase option agreements who live or own property near the footprint of the projected cracker plant site at Dilles Bottom. These individuals have the option to sell their property to the company. The families who have signed are currently receiving good faith payments. A spokesperson says eight..."

Reuters:  U.S. Gasoline Price Jumps, Crude Falls as Harvey Hits Refiners   -   "Gasoline prices surged to two-year highs on Monday as Tropical Storm Harvey knocked out several refineries and disrupted fuel production, while a back up in crude supplies pushed U.S. crude oil futures down more than 2.5 percent. Massive floods caused by the storm forced several refineries to close along the U.S. Gulf Coast. Sources said..."

The Athens Messenger:  Highway Re-Opens After Natural Gas Fire   -   "Route 681 south of Albany re-opened to traffic at about 3 p.m. Friday after a natural gas fire was extinguished Thursday. Michael Barnes of Texas-based Enbridge Inc., an energy infrastructure company, said the fire, which started Wednesday, was put out at about 5:45 p.m. Thursday..."

Youngstown Vindicator:  Youngstown Council Votes to Accept Two Charter-Amendment Proposals   -   "The fate of two citizen-backed charter-amendment proposals now rests with the Mahoning County Board of Elections. Youngstown City Council voted Wednesday to accept the proposals and turn them over to the board of elections, which will consider putting them on the fall ballot. Council’s decision was strictly procedural as its members didn’t..."

MDN:  FERC Issues Rover 8 Commandments to Restart Horizontal Drilling   -   "Since April, FERC has blocked all new underground HDD for the Rover project. Rover has asked (begged, pleaded) FERC, several times, for permission to restart the HDD work–at least in a few select locations. In July FERC gave Rover an initial todo list to get back in its good graces, but still would not lift the ban on HDD (see Frustrated FERC Gives Rover Todo List, HDD Drilling Still Blocked). FERC has finally responded with a list of eight (big) things Rover must do before..."

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