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• EIA: Pa.'s gas output posts first annual drop in 17 years
  Pennsylvania's marketed natural gas output slipped by...
  Pennsylvania's marketed natural gas output slipped by 2% to 20.5 Bcf/d in 2022, marking the first annual decline in production since 2005, the Energy Information Administration reported. The lack of new intrastate pipeline capacity, along with a slowdown in drilling activity amid producers' stronger emphasis on capital discipline, contributed to the decrease, according to the EIA.
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• Devon Energy prioritizes balance in volatile market
  Devon Energy is taking a balanced operational approach to navigating market volatility and economic uncertainty,...
  Devon Energy is taking a balanced operational approach to navigating market volatility and economic uncertainty, with a strategy focused on long-term development plans and capital discipline. CEO Rick Muncrief emphasized the importance of maintaining a stable workforce, keeping the market well supplied, ensuring steady work for service companies and fostering environmental responsibility.
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• Mont. gas plant project loses key permit
  A Montana judge has revoked the air quality permit for a $250 million natural gas power plant NorthWestern...
  A Montana judge has revoked the air quality permit for a $250 million natural gas power plant NorthWestern Energy is building along the Yellowstone River over climate concerns, a decision the company plans to appeal. The judge ruled that Montana regulators did not properly assess the project's long-term emissions footprint and mandated a more comprehensive environmental review.
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• ☕️What Else is Brewing Tuesday Morning
  The mother of the six-year-old who shot a teacher in Virginia has been charged with child neglect and...
  The mother of the six-year-old who shot a teacher in Virginia has been charged with child neglect and recklessly leaving a loaded firearm so as to endanger a child.
  
  The Rutgers University faculty began a strike yesterday, with 9,000 people walking off the job after a year of unsuccessful contract negotiations.
  
  The Dalai Lama has apologized for a video that shows him kissing a young boy and asking him to “suck my tongue.”
  
  Apple’s shipments of Macs fell 40.5% year over year in Q1 2023 as people bought fewer computers, according to a new report.
  
  
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• Closing Oil & Gas Prices for Monday
  West Texas Intermediate crude fell 94 cents or 0.1% to $79.74 a barrel on the New York...
  West Texas Intermediate crude fell 94 cents or 0.1% to $79.74 a barrel on the New York Mercantile Exchange.
  
  Global benchmark Brent crude settled down 96 cents a barrel or 0.2% and closed at $84.58 on ICE Futures Europe.
  
  May natural gas rose 16 cents to $2.17 per 1,000 cubic feet.
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