Natural gas production in Pennsylvania topped 15 billion cubic feet per day (Bcf/d) in 2017, a 3 percent increase from the year before. – The Marcellus and Utica shales are driving rapid growth, and the inauguration of new pipelines is allowing growth to continue to grow. – Two key pipelines – the Rover Pipeline (3.25 Bcf/d) and the NEXUS Gas Transmission Project (1.5 Bcf/d) – are expected to come online this year, adding more takeaway capacity, which will open up even more potential for upstream gas production. Market Movers • Lockheed Martin (NYSE: LMT) says it will launch a “flow” battery made of inexpensive, non-toxic materials next year. The flow batteries will last longer than lithium-ion batteries and allow utilities to use more renewable energy combined with energy storage. • BP (NYSE: BP) obtained approval to […]