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Fossil Fuels Received $5.9 Trillion In Subsidies in 2020, Report Finds

Yale E360

Coal, oil, and natural gas received $5.9 trillion in subsidies in 2020 — or roughly $11 million every minute — according to a new analysis from the International Monetary Fund. Read more on E360 ?.

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U.S. May Have Hit Peak Natural Gas Power Generation, Report Says

Yale E360

electricity generation using natural gas likely hit its peak in 2020, according to a new report from the Institute for Energy Economics and Finance (IEEFA), which finds that cheaper wind and solar are edging gas off the power grid. In the U.S., Read more on E360 ?.

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Baker Hughes: PA Natural Gas Drilling Rig Count Down To 12, Lowest In More Than 17 Years; Community Support Drops; Big Hole In DEP Budget

PA Environment Daily

On October 25, Baker Hughes reported the number of natural gas drilling rigs in Pennsylvania dropped to 12, the lowest number of rigs in the state since July 2007, according to Reuters. Natural gas companies are reducing the number of rigs and new wells they are bringing online in an attempt to raise the prices of natural gas.

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Wind Energy Accounted for 42 Percent of New U.S. Power in 2020

Yale E360

capacity in 2020, while solar supplied 38 percent and natural gas the remaining 20 percent. Wind energy accounted for the bulk of new power-generating capacity in the United States last year, according to a trio of new reports from the Department of Energy. In total, wind supplied 42 percent of new U.S. Read more on E360 ?.

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Sen. Bartolotta, Sen. Yaw Announce Bill To Withhold Gas Drilling Impact Fees To Municipalities That Set More Protective Standards On Natural Gas Development Than State Law, And While There Is a Legal Challenge To Local Restrictions

PA Environment Daily

Gene Yaw (R-Lycoming) announced plans to introduce legislation to prohibit municipalities from receiving Act 13 drilling impact fees if they set more protective standards on the development of natural gas than required in state or federal law and while a challenge to local restrictions is being litigated. Read more here.

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Independent Fiscal Office Reports Slight Increase In 3rd Quarter PA Natural Gas Production; Lowest Number Of New Shale Gas Wells Drilled Since 2008; Big Hole In DEP’s Budget

PA Environment Daily

On December 3, the Independent Fiscal Office reported third quarter natural gas production increased slightly from the second quarter to 1,838 billion cubic feet, but remains 1.7% Natural gas prices increased 9.8% In 2023, DEP received just over 663 shale gas permit applications.

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Protect PT, Three Rivers Waterkeeper Appeal DEP Permits For CNX Slickville Natural Gas, Shale Gas Wastewater Pipelines Project In Westmoreland County

PA Environment Daily

Both permits are associated with CNX Resource Corporation's Slickville Pipeline Project, which proposes to build a natural gas pipeline and a shale gas wastewater pipeline along a 13.9 mile route. However, the project implements none of these critical safety measures. “We