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PIOGA eWeekly 7/6/20

Monday, July 6, 2020   (0 Comments)
Posted by: Matt Benson
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July 6, 2020

Developers cancel long-delayed, $8B Atlantic Coast Pipeline
(Associated Press) The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.

Despite a victory last month at the United States Supreme Court over a critical permit, Dominion Energy and Duke Energy said in a news release that "recent developments have created an unacceptable layer of uncertainty and anticipated delays" for the 600-mile (965-kilometer) project designed to cross West Virginia and Virginia into North Carolina.
The companies said a recent pair of court rulings that have thrown into question a permitting program used around the nation to approve oil and gas pipelines and other utility work through wetlands and streams presented "new and serious challenges."
"This new information and litigation risk, among other continuing execution risks, make the project too uncertain to justify investing more shareholder capital," the news release said.

PIOGA response to attorney general's report
In last Monday's eWeekly, we told you about the release of a report by Pennsylvania's attorney general that makes a wide range of allegations against the state departments of Environmental Protection and Health about allegedly lax management of the unconventional natural gas industry.

PIOGA has issued a detailed response to the main conclusions of the politically motivated report. The post in the News section of our website also includes links to a rebuttal by Energy In Depth and a very comprehensive defense of DEP's oil and gas program by former department Secretary Mike Krancer.
PIOGA launches video series
PIOGA is pleased to announce our new video series called PIOGA Points to Ponder. Watch Episode 1 as our President & Executive Director, Dan Weaver, talks about pipelines - history, facts/data about the crucial role pipelines play in moving energy, safety and new innovations.

This and future episodes will be posted on PIOGA's LinkedIn and Facebook pages.
Weekly News Clips
Articles of interest to Pennsylvania's oil and gas industry from publications around the region over the past week. Here are some highlights:
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Transportation safety training goes virtual. The PIOGATech refresher on Federal Motor Carrier Safety Administration regulations that was postponed earlier in the year is now on for July 21 and will take place via webinar. Organized by the PIOGA Safety Committee, the two-hour presentation will cover the drug and alcohol clearinghouse, new hours-of-service rules, the Crash Preventability Determination Program and end with Q&A. Continuing education credits are available. Find out more here and register by July 17.


Register now to attend, sponsor or exhibit at our water and waste management PIOGATech. The annual Water and Waste Management Training hosted by the PIOGA Environmental Committee is the best-attended PIOGATech of the year, and if you want to ensure your spot at the August 19 event in Wexford, you can act now. Our event page has all the details. Presenter opportunities are still available too.


Divot Diggers #23. If you're attending the August 19 PIOGATech in Wexford, why not also take in the 23rd Annual Divot Diggers Golf Outing the very next day?


UGI Save Smart Program. UGI Gas wants PIOGA members to know about an incentive program for commercial customers that can help pay for energy efficiency improvements for new and existing buildings. If your business is served by UGI, learn more about the program here.

Upcoming Events
PIOGA Clay Shoot Networking Event, July 9, Promise Land Sporting Clays, Freeport. Registration is closed.
PIOGATech: Water & Waste Management, August 19, The Chadwick, Wexford


23rd Annual PIOGA Divot Diggers Golf Outing, August 20, Tam O'Shanter of PA Golf Course, Hermitage


PIOGA Fall Conference, Technology Showcase and Sports Outing, September 22-24, Seven Springs Mountain Resort, Champion


Ted Cranmer Memorial Golf Outing and Steak Fry, October 8, Wanango Country Club, Reno


Find all PIOGA events here.

Energy Outlook Analysis: Navigating Through Current Market Conditions, July 6-10, INTL FCStone Financial, Inc. Summary: This year we've seen incredible volatility in the markets due to geopolitical issues, global unrest and environmental concerns among other issues. To help manage significant uncertainty, INTL FCStone Financial Inc. will conduct a free series of market outlook virtual events to address specific concerns for the crude oil, distillate, gasoline, NGLs and natural gas markets.
July 21
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