Natural gas prices are at $2.92/MMBtu, a significant drop over the course of the month. The weather is expected to be mild, and gas storage is at a reasonable level, so of course prices are going to go down.

Drilling rigs are at 539, down from 544 last month.

Gas storage is at 3,186 Bcf, below last year’s 3,265 Bcf, but above the five-year average.

Homer City Redevelopment is building an enormous data center in Pennsylvania. It will be run by natural gas. EQT will be providing all of that gas to them.

A separate data center project by the Frontier Group of Companies will also be using EQT natural gas.

In order to capitalize on the data center craze, PA is looking at passing some laws to make it easier to build them. West Virginia has already done this.

A well that was being fracked up in PA leaked a bunch of frack water.

Ohio is studying whether to build a pipeline to carry natural gas from eastern Ohio to Lake Erie. It would supply counties along the route and a liquefaction plant on the lake. This wouldn’t directly benefit West Virginia, but I can see it taking some of the pressure off some existing pipelines, thus allowing additional West Virginia gas to supply existing pipelines. As this one would be entirely within the State of Ohio, it would not be subject to FERC regulation, thus making it harder for opposition to stop it.

If you’d like to, you can read EQT’s 2Q25 report and some analysis over at Seeking Alpha.

EQT plans to boost pressure in the Mountain Valley Pipeline so they can go from 2.0 Bcf of gas per day to 2.5 Bcf of gas per day.

West Virginia’s Attorney General wrote an op-ed in the New York Post deriding New York’s new law that makes oil and gas companies retroactively responsible for harming the environment.

Coterra Energy has been fined for allowing natural gas to migrate to water sources up in PA. Natural gas in your water is an annoyance, but not poisonous. It could explode if you leave the water running and ignite it. The more concerning thing would be if fracking fluid made its way to your water source. That stuff’s nasty. Always get a water sample before drilling begins.

The EU has agreed with the Trump Administration to buy $750 billion worth of energy (oil, LNG, and nuclear tech) from the U.S. over the next four years. That’s an enormous number, and I’m not sure how that’s going to happen. It should result in significant increases of exported LNG, though, even if the total number might be a little…aspirational.

Trump’s executive order declaring AI a national priority is going to make it easier to build massive data centers.

LNG exports will probably be driven primarily by gas from the Appalachian Basin. We’ll need some new pipelines out of West Virginia if we’re going to provide any more than we do today.

A bi-partisan bill has been introduced in the U.S. House of Representatives that has the goal of speeding up the permitting process for energy projects. This would be a great benefit to West Virginia.

Back in the day, Cunningham Energy was drilling horizontal wells into old oil producing formations in central West Virginia. They have a new name, Surya Oil and Gas, they have a new technology for subsurface imaging (which I’ll bet uses AI), and they are beginning operations again in West Virginia.

You can find Antero’s 2Q25 quarterly report and some analysis over at Seeking Alpha.

Freeport LNG went down again, this time because power for the City of Freeport was out. No backup generators? Weird.

The Ohio River Valley Institute (which is anti-fracking) has published a study which shows that only one West Virginia county that produces Marcellus Shale gas has seen an increase in jobs–Monongalia County. That job growth was probably from WVU and the hospitals. The other counties have lost jobs. Interestingly, the GDP of all of the counties has gone up. I don’t think this study is much of a surprise to those of us who live here. A lot of the gas rights are owned by people who live out of state, the gas is almost entirely shipped out of state before it has any value added (turned into petrochemical feedstocks or electricity or sold to a utility), and historically West Virginia has been a state that exports its people. West Virginia really needs to add value to the gas before shipping it out of state. Manufacturing is a challenge here because of the lack of flat land, but we need to do something with the gas we have.

Shell is selling the cracker plant it built up in Monaco, PA.

Four Wetzel County families are suing EQT for releasing harmful pollutants that made their kids sick.