Locator: 48687B.
East Coast LNG export terminal:
- Penn America Energy Holdings
- LNG plant on Delaware River
- 7.2 million tons of LNG annually
- Marcellus natural gas resources
- very, very, very early in planning stages: I don't see this happening in my investment lifetime
- nor does that matter
- PAE has been working years on this idea
- always stymied by pipeline issues
- link here;
Putting another nail into the hydrogen coffin? See RBN Energy below.
Succinct and says it all, link here:
GlobalFoundries: link here.
- boosts investment plans to $16 billion, with research focus
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Back to the Bakken
WTI: $63.81. Quite a change overnight.
New wells:
- Friday, June 6, 2025: 22 for the month, 175 for the quarter, 389 for the year,
- 41311, conf, CLR, Kenneth 6-17H,
- Thursday, June 5, 2025: 21 for the month, 174 for the quarter, 388 for the year,
- None.
RBN Energy:changes to 45V tax credit would deal a major blow to low-carbon hydrogen.
The U.S. outlook for low-carbon hydrogen was bright and sunny just a year or two ago, with billions in federal funding and policy support, but to no one’s surprise, things have darkened considerably this year. Several clean-energy initiatives have faced resistance from Republicans in Washington, with the budget reconciliation bill currently making its way through Congress on track to produce the most significant changes yet. In today’s RBN blog, we’ll look at how the bill could dramatically scale back the 45V tax credit for hydrogen production and deal a mighty blow to dozens of projects under development.
