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April 2021 GO-WV News

Page 1

NEWS

The Voice of the Gas and Oil Industry

April 2021

GO-WV and WVU host HandSafe seminars

The GO-WV Safety Subcommittee, in cooperation with the WVU Safety and Health Extension program, is offering a train-the-trainer hand safety seminar on two dates in May. This program, “HandSafe for the Oil and Gas Employee,” is centered on struck-by and caught-between hazards, job safety analysis, hand and finger injuries and hazard assessments created for the high-hazard oil and gas industry. Each training date features a four-hour course divided into eight training modules. The modules cover: hand and finger facts; all about OSHA; safety culture; hand and finger hazards; personal protective equipment; machine guarding, tools and lockout tagout; job safety analysis; and hand safety and injury prevention for the oilfield industry. The first seminar is scheduled for Thursday, May 20, from 10:00 a.m. to 3:00 p.m. at the

Bridgeport Country Club. The second seminar is scheduled for Thursday, May 27, from 10:00 a.m. to 3:00 p.m. at Berry Hills Country Club in Charleston. Since this is a train-the-trainer event, registration is limited to 25 people at each session. Bob Radabaugh Lunch is included in the $75 Safety Committee per person registration fee. All Chair CDC guidelines and state orders will be followed including wearing face masks and social distancing. Please use the forms on pages 14 and 15, or visit www.gowv.com, to register by April 20. If you have any questions, please contact Lori Miller Smith at (304) 344-9867.

GO-WV hosts “Spring Swing” golf outing June 7 Register now to join the fun at the 2021 GOWV Spring Swing Golf Outing on Monday, June 7, at Berry Hills Country Club in Charleston. Activities begin at 9:00 a.m. with registration and a continental breakfast. The four-person scramble golf tournament features a shotgun start at 10:00 a.m. Lunch will be served during the round at the turn by the club house; awards and door prize drawings will take place at 3:00 p.m. Thanks to our sponsors, there is no charge to players for door prizes, breakfast, lunch or the snack and beverage cart. There will be a gift for all players. Mulligans and red tees will be available for purchase. Berry Hills Country Club permits soft spikes and requires collared shirts. Jeans and cargo pants are not allowed.

There will be skill prizes for the golfers and door prize drawings! Please know this GO-WV event will be following all applicable COVID-19 rules, including social distancing and the wearing of masks, according to guidance from the Centers for Disease Control (CDC) and Maribeth Anderson executive orders from West Vir- Co-Vice President ginia’s governor. and Program Chair The GO-WV Spring Swing Golf Outing will attract many decision makers in our industry in a setting that allows the participants to mix, mingle and network. As a leader in our industry, you recognize the importance of supporting GO-WV, and the Spring Swing Continued on page 11

INSIDE

2 Tom Westfall 3 Mark Clark 4 Charlie Burd 5 Michael Forbes 6 Jeff Isner 7 Industry news 8 Kathy Hill 9 Greg Kozera 10 Tim Bigler 11 Thomas Downs 14-15 Safety seminar forms 16-17 Spring Swing forms 18-19 GO-WV ad contracts

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Tom Westfall GO-WV Co-President

GO-WV mission statement forms association’s foundation “If you are going through hell, keep going.” ― Winston S. Churchill Sir Winston Churchill was certainly aware through his own personal experiences, that throughout our lives, we come across many obstacles that we feel are just too hard to overcome. I suspect there may be some that thought the merger of IOGA and WVONGA one such 2021 OFFICERS obstacle that could have never been achieved—but it happened. In all honesty, it is our ability to overcome such obstacles that makes us Presidents: who we are. Dealing with such obstacles is what gives us our unique Ben Sullivan/Thomas Westfall characteristics, and the experience necessary to overcome future diffiVice Presidents: culties with greater ease. Maribeth Anderson/Jeff Isner When you take a moment to consider all the economic and social Secretary: situations going on in the Country today, it can be hard to be optiJason Harshbarger mistic, not only about our country but also about our industry. About Treasurers: the only thing that we can count on is our own perseverance. This is Kelly Moss/Jim Pritt applicable for Covid-19, politics, and our industry. As the country “sort of” continues in its recovery from Covid-19 BOARD MEMBERS and immunizations from the virus are progressing and increasing, we John Bane, EQT Corp. have seen improvement, but the bottom line is: we still have a long Jim Crews, MPLX way to go and obstacles to overcome. Whether you agree with the Carrie Crumpton, CNX Resources wearing of masks, social distancing, and other restrictions designed to Ryan Cunningham, Cunningham provided protections to all citizens, the only way we can come out of Energy this is to keep doing all of the right things for as long as it takes and Doug Douglass, ConServ Inc. do the right things in consideration of others over self. Kevin Ellis, Antero Resources I think the same concept holds true for our industry. As we are all Jon Farmer, Arsenal Resources aware, things do not always go our way in life, politics, or in the econMichael Forbes, Greylock Energy Marc Halbritter, Blue Racer Midstream omy. In most cases, all we can do is to show our true character and keep doing the best we can. It is my observation that our industry has, David Haney, E&H Manufacturing Holly Hannold, XTO and will always, do the best it can to do the right things for our local Jon Hildreth, Roy G. Hildreth & Son communities, counties and state and as such, demonstrates our characPaul Hunter, Williams ter to overcome adversity which cannot be understated. Brittany LaPorta, TC Energy It is my honor to introduce GO-WV’s mission statement, developed Rhett Metz, Energy Transfer after careful consideration, and approved by the Board of Directors. I Christine Mitchell, Dominion Energy believe it is a very appropriate mission statement for all situations and Michael Poole, Highlands Drilling hits home as we deal with tough times while still working hard to help Bob Radabaugh, S&R Gas Ventures our state and nation meet its energy requirements: Mark Veltri, Crestwood Mistream GO-WV’s mission is to support and advocate for our 600 member Eric Vir, Northeast Natural Energy companies and their thousands of employees, as they contribute Chris Weikle, SWN to the growth and prosperity of West Virginia by safely providing Member Emeritus: reliable clean energy to meet the needs of our state and our nation. Ben Hardesty, Alta Energy With this mission statement as the foundation of our efforts, I believe Lloyd Jackson, Jackson Management we have a bright future even as we work to meet and overcome Bob Orndorff, Dominion Energy today’s challenges, hardship and obstacles.

2


Mark Clark Spilman Thomas & Battle, PLLC

EPA methane rule update In October 2019, we reported that the U.S. Environmental Protection Agency (“EPA”) proposed rulemaking revisions to the regulation of methane and volatile organic compounds (“VOCs”). That rulemaking proposed reconsideration amendments to the new source performance standards (NSPS). The amendments proposed to remove sources in the transmission and storage segment from the source category, rescind the NSPS (including both the volatile organic compounds (VOC) and methane requirements) applicable to those sources, and rescind the methane-specific requirements (the “methane requirements”) of the NSPS applicable to sources in the production and processing segments. On September 14, 2020, the EPA’s final policy amendments to the 2012 and 2016 NSPS for the oil and gas industry titled “Oil and Natural Gas Sector: Emissions Standards for New, Reconstructed, and Modified Sources Review” was published in the Federal Register and became effective the same day (the “Policy Rule”). A critically important aspect of the Policy Rule is that it, effectively, removed EPA’s ability to regulate existing oil and natural gas sources under Section 111(d) of the Clean Air Act (CAA). The Policy Rule also removes sources in the transmission and storage segment from the source category, rescinds the NSPS (including both the VOC and methane requirements) applicable to those sources, and separately rescinds the methane-specific requirements of the NSPS applicable to sources in the production and processing segments. In addition, the EPA adopted an interpretation of CAA section 111 under which the EPA, as a predicate to promulgating NSPS for certain air pollutants, must determine that the pertinent pollutant causes or contributes significantly to dangerous air pollution. The Policy Rule is clearly beneficial to oil and gas operators and reflected the efforts of the Trump administration to encourage oil and gas development and energy independence. As noted in a September IOGA News article the

Policy Rule could be subject to reversal pursuant to the 1996 Congressional Review Act (CRA), if certain events occurred. Because now President Biden won the election and the U.S. Senate is controlled, by the slimmest of margins, by Democrats and the U.S. House of Representatives remains controlled by Democrats, the CRA has become a viable option for reversing rules that were published in the Federal Register within a certain time before Congressional action. By introduction of Senate Joint Resolution 14 (SJR 14) on March 25, 2021, the Senate is proposing to utilize the CRA to effectively void the Policy Rule that became effective on September 14, 2021. Majority Leader Schumer has indicated in a letter that he intends to make this issue a priority following the Easter break. In order to void the Policy Rule pursuant to the CRA, both the Senate and House of Representatives will need to pass identical resolutions and be signed by President Biden. While passage of joint resolutions in the Senate would generally be subject to filibuster thus requiring 60 votes to be considered for adoption, the CRA contains a special provision allowing a joint resolution to be passed by a simple majority of 51 votes in favor. It is only because of this special provision in the CRA that SJR 14 has a possibility of adoption. Because the Policy Rule removes EPA’s ability to regulate existing oil and gas operations and removes the transmission and storage segments from regulation under the previously effective NSPS requirements, one or more Democratic Senators, such as Senator Manchin from West Virginia, may not support SJR 14. In the absence of all 50 Democratic Senators plus a tie breaking vote by V.P. Harris, SJR 14 could fail and the Policy Rule would remain in effect. Because SJR 14 is not subject to being filibustered, it can move toward a final vote fairly quickly if it is ultimately supported by 51 votes. In the event SJR is adopted by the Senate it will then be Methane rule update Continued on page 12

3


Charlie Burd GO-WV Executive Director

From the Burd’s Nest: A session to remember As we stated from the beginning, the 2021 West Virginia Legislative Session would be like no other ever witnessed. The House and Senate leadership’s COVID-19 precautions for requiring masking up, social distancing and limited access into the Capitol has thus far paid great dividends. In fact, except for one minor incident, the Legislature has been able commence and remain in session to conduct the important business of the State. Yes, there have been grumblings on the number of bills have been dealt with in a quicker than normal or expedited manor, and rumblings about the limited ability to lobby viewpoints. However, it’s been my observation that both Speaker Roger Hanshaw and President Craig Blair worked diligently to preserve the process through providing virtual access where possible and accommodating testimony remotely. As we enter the final stretch of the 2021 Session--that ends at midnight, Saturday, April 10-there have been well over 2,000 pieces of legislation introduced (720 Senate bills and 1,300+ House bills). And, at this point, we can boil this ton of legislation down to a couple dozen bills that will draw our full attention going forward. Those at the top of our list include: • House Bill 2581 that would redefine how oil and natural gas producing properties would be taxed for ad velorum purposes and provide an alternate method of appeal of the proposed valuations. This bill has passed through its committee reference and is currently proceeding through passage in the House. Once passed there, it will be communicated to the Senate for further possible consideration. • House Bill 2598 that would remove storage tanks of 210 barrels or less containing brine water or other fluids produced in connection with hydrocarbon production activities located in the Zone of Critical Concern from the onerous regu-

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lations placed on them as part of the 2014 Aboveground Storage Tank Act. This bill has passed the House of Delegates and currently awaits further possible consideration in the Senate Judiciary Committee. • House Bill 2842 that would prohibit communities and municipalities from banning the use of natural gas and other manufactured gases like propane. This bill has passed the House of Delegates and currently rests in Senate Energy, Industry and Mining Committee for further possible consideration. • House Bill 3089 that would establish utility workers as essential employees during a state of emergency and to ensure that utility services can continue to operate or be restored. Oil and gas production is defined under the definition of utility in West Virginia statute. This bill has passed its committee references and is working through passage in the House. Once passed in the House, it will be communicated to the Senate for further possible consideration. In the category of legislation either supported, or not objected to, by GO-WV that has already passed we have: • Senate Bill 175 is the State Tax Department rule relating to the Downstream Natural Gas Manufacturing Investment Tax Act Of 2020 that established a system of investment credits based on qualified investment property and new jobs created. • Senate Bill 404 that provides for and establishes the ability to modify a horizontal well permit for a fee of $2,500. • House Bill 2382 is the Department of Environmental Protection rule relating to requirements governing water quality standards and supported by GO-WV. Burd’s Nest

Continued on page 5


Michael Forbes Membership Chair

GO-WV Board welcomes two new members in March Please join the GO-WV Board of Directors in welcoming these members approved in March: Carper Well Service, Inc. Michael Lewis 12 Jonsen Drive Charleston, WV 25312 Phone: (740) 374-2567 Cell: (304) 382-5804 mikelewis25@aol.com

ISP

Middletown Tractor Sales Adam Boyers 2050 Boyers Drive Fairmont, WV 26554 Phone: (304) 366-4690 Fax: (304) 366-4698 adam@middletowntractor.com www. middletowntractor.com

ISP

Burd’s Nest Continued from page 4

The legislation presented here is but a sampling of the total bills being assessed by your GO-WV lobbing team of myself, Phil Reale, Jim Fealy and Daniel Hall with outstanding support of the Executive, Taxation and Governmental Affairs committees, their chairs and members. Should

you have any questions or need additional information, please call Charlie Burd at the GO-WV office. A full report on the 2021 Legislative Session will be presented in the May editions of the GOWV News.

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Jeff Isner Communication and Education Committee Chair

New advertising opportunities for oil and gas industry in 2021 Welcome to a new advertising opportunity in 2021! The Independent Oil and Gas Association of West Virginia (IOGA) and the West Virginia Oil and Natural Gas Association (WVONGA) have merged to become the Gas and Oil Association of WV, Inc. (GO-WV). This merger means that your ad in the GO-WV monthly newsletter will continue to reach the entire natural gas and oil industry in a single publication. The 2021 newsletter two-page advertising contract can be found on pages 18 and 19. Ad fees must be paid in full by check or credit card prior to publication. The deadline to place advertising is generally the Friday prior to the last full week of the month. For example, the deadline for the February issue was January 22, 2021. For those with multi-month contracts, you can change ad content, but you need to clearly mark your art-

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work as to the month of publication (i.e., Acme Inc. ad, January, March and August or Acme Inc. ad, January-June and Acme Inc. ad July-December). Ad­s must be summited according to sizes shown in the contract and should be 300-dpi resolution and can be either .jpg or .pdf format. Prior advertisers with either IOGA or WVONGA should submit re-sized ads for the GO-WV newsletter. You can be assured this merger will give you the opportunity to expand your outreach to this important market and keep your company name, products and services at top-of-mind awareness for your current and potential customers. Please direct any questions regarding advertising opportunities to Diane Slaughter at (304) 984-0308 or email her at dslaughter@gowv. com.


Industry Events

Various upcoming events planned for 2021 April 19-20, 2021 SPE Regional Meeting Nemacolin Woodlands Farmington, PA Info: www.spe.org May 15-18, 2021 IOGCC Annual Business Meeting Virtual Platform Info: http://iogcc.ok.gov/events May 19, 2021 2021 PIOGA Spring Meeting & Exhibition Rivers Casino Pittsburgh, PA Info: www.PIOGA.org > Events May 20, 2021 GO-WV HandSafe Safety Seminar Bridgeport Country Club Bridgeport, WV Info: www.gowv.com

August 1-3, 2021 GO-WV Summer Meeting The Greenbrier White Sulphur Springs, WV Info: www.gowv.com August 19, 2021 24th Annual Divot Diggers Golf Outing Tam O’Shanter Golf Club Hermitage, PA Info: www.PIOGA.org > Events September 17-18, 2021 GO-WV Sports Weekend Bridgeport Country Club/Mountaineer Field Bridgeport, WV/Morgantown, WV Info: www.gowv.com November 7-9, 2021 IOGCC Annual Conference Location TBA Santa Fe, NM Info: http://iogcc.ok.gov/events

May 27, 2021 GO-WV HandSafe Safety Seminar Berry Hills Country Club Charleston, WV Info: www.gowv.com

September 15-16, 2021 2021 PIOGA Annual Meeting/Sports Outing Locaation TBA Info: www.PIOGA.org > Events

June 7, 2021 GO-WV Spring Swing Golf Outing Berry Hills Country Club Charleston, WV Info: www.gowv.com

September 20, 2021 BHE GT&S Annual Charity Golf Outing Pete Dye Golf Course Clarksburg, WV Info: gina.m.palmer@dominionenergy.com

June 7, 2021 Ted Cranmer Memorial Golf Outing/Steak Fry Wanango Country Club Reno, PA Info: www.PIOGA.org > Events June 7-8, 2021 WVMA: MMDC Waterfront Place, Morgantown, WV Info: www.wvma.org June 21-23, 2021 OOGA Spring Meeting Columbus, OH Info: www.ooga.org

September 23, 2021 SOOGA Fall Trade Show ESB Community Building Marietta, OH Info: www.sooga.org November 7-9, 2021 IOGCC Annual Conference Sante Fe, NM Info: https://iogcc.ok.gov

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Kathy Hill Ergon

Monthly Appalachian Basin crude oil prices NYMEX AVG OIL PRICE 2020 AVG Price - $39.59/bbl 2021 AVG Price - $55.47/bbl

$80.00 $70.00 $60.00

$59.13 $51.81

$50.00

$47.23

$40.00

$38.37

$30.00

$40.76

$42.19

$39.63

$41.28

$39.44

$28.68

$20.00

$18.20

$10.00 $-

Mar-20

Series1

Mar-20 $30.60

Apr-20 Apr-20 $18.20

May-20 May-20 $28.68

Jun-20 Jun-20 $38.37

Jul-20 Jul-20 $40.76

Aug-20 Aug-20 $42.19

Sep-20 Sep-20 $39.63

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Oct-20 Oct-20 $39.44

Nov-20 Nov-20 $41.28

Dec-20 Dec-20 $47.23

Jan-21 Jan-21 $51.81

Feb-21 Feb-21 $59.13


Greg Kozera Learned Leadership LLC

Fool us again...what the Texas freeze means for you My wife, Lynnda and I don’t have our $1,400 stimulus checks yet but we already spent the money stimulating the economy. We were getting supplies to treat the water in our 10+ year old hot tub. It is what they call a soft tub. Fine for two people and crowded for four. The lining is worn and it has a slow leak. We were examining new hot tubs while waiting for the counter person. We saw what we wanted. For over 10 years we have been buying our hot tub supplies from this store. The salesman wandered over. He said, “If you are considering buying that tub, today is the day. We held our prices last year but we can’t eat another cost increase. The price of this tub is going up over $500 on Monday.” We all have heard the price is going up, buy today. It is one of the oldest sales tactics to entice us to buy now. I can still remember the line from a TV commercial the price is going to go up and the kids are going to grow up. That one gives us two reasons to buy. This time I knew the salesman was telling the truth. In the last three weeks I have attended three conferences where one of the major discussions was resin shortages and increasing costs to processors because of the February ice storm and subfreezing temperatures in Texas. Processors are the people who make the products we use like milk jugs, packaging, shoes and hot tubs. They need resin to make those products. To explain why we will be seeing increased prices, here is a brief explanation of how we get the many thousands of products we use every day. This isn’t an ad for plastics. Most product packaging and fresh fruit and vegetable packaging is made from plastics of some type. The purpose is to protect the product and keep it fresh. When I was a kid, things like ketchup, pickles, mustard and even milk were packaged in glass containers. They were heavy to ship, to carry and could break. Hearing the sound of breaking glass in the grocery store was common. Someone had to clean up the mess.

Food was brought home in paper bags. Now imagine if someone put that paper bag on a damp sink or countertop. When someone else, like me, picked up the bag, the bottom fell out. Now imagine three or four glass jars or a gallon of milk hitting the floor and breaking. The aftermath wasn’t pretty. We put our parents through a lot. When my kids dropped a plastic jar of mayonnaise, all we had to do was pick it up and put it back in the fridge. The raw materials to make food packaging and thousands of products like computers, TVs, cars (especially electric cars), healthcare PPE and my hot tub all come from petrochemicals. In the U.S., this starts with natural gas liquids (NGLs). These NGLs are produced from wells with the natural gas. The NGLs are then sent to a fractionator to break them into separate products like methane, ethane, propane and butane. These base carbon compounds are then turned into various intermediate or finished products. For example, the ethane can be sent to a cracker like Shell is building in Pittsburgh and turned into polyethylene. Crackers like Shell and PTT, if built in the Shale Crescent USA, would have remained in operation during the Texas cold just like they would have during Texas hurricanes. This will provide a dependable resin source for processors in our region. Today our ethane is sent out of the region since we don’t have any ethane crackers. Most goes to the Gulf Coast for their crackers. Some is sent to Europe by a specially built ship. Ethane can also be burned as part of the natural gas stream. It is much more valuable as a feedstock. Burning ethane is like lighting your fireplace with a $100 bill. Ethane crackers on the Gulf Coast turn the ethane into polyethylene pellets (resin). Most of these pellets are then shipped back to our region where, according to IHSMarkit, 70% of the demand for polyethylene is. Processors in our region turn the polyethylene into thousands of products. Fool us again

Continued on page 13

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Tim Bigler Direct Energy

Nymex natural gas futures contract

12-Month Forward Strip Average Prices Through 3/29/2021

$3.80 $3.60 $3.40 $3.20 $3.00 $2.80 $2.60 $2.40

NG 24M

Bloomberg; CME; For Informational Purposes Only

SAVE the DATE! GO-WV Summer Meeting August 1-4, 2021 The Greenbrier Room reservations are open, and they’re going fast. Make your reservation TODAY by calling 855-453-4858, Option 2

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NG 36M

3/13/2021

1/13/2021

9/13/2020

11/13/2020

7/13/2020

5/13/2020

3/13/2020

1/13/2020

9/13/2019

11/13/2019

7/13/2019

5/13/2019

3/13/2019

1/13/2019

9/13/2018

11/13/2018

7/13/2018

5/13/2018

3/13/2018

1/13/2018

9/13/2017

NG 12M

11/13/2017

7/13/2017

5/13/2017

3/13/2017

1/13/2017

11/13/2016

9/13/2016

7/13/2016

5/13/2016

3/13/2016

1/13/2016

9/13/2015

11/13/2015

7/13/2015

5/13/2015

$2.00

3/13/2015

$2.20


Thomas Downs WeatherBELL Analytics

WeatherBELL’s winter recap information

For more information about WeatherBELL’s services and to get the hot-off-the-press forecast updates, please visit our website www.weatherbell.com or contact us at sales@ weatherbell.com.

Spring Swing

La Niña certainly exerted its influence this past winter, with a volatile pattern from winter’s start to finish. December started with a major cold outbreak with an early snowstorm along the East Coast. By the end of the month, temperatures rebounded and warm weather ruled most of the eastern U.S. through January. A brutal February produced record cold temperatures in the Plains and Texas, with persistent snowfall from the Great Lakes and East Coast. March saw the warmth return. With the sharp contrast between the warm South and the cold North, an extreme severe weather and tornado season is still our expectation.

Continued from page 1

benefits of promoting your company’s image. Not only will you want to attend this great event, but you may want to get even more recognition as a sponsor. By becoming a Spring Swing sponsor, your company will receive special recognition throughout the industry by coverage during the event, in

GO-WV News, on www.gowv.com and on sponsor boards posted throughout the meeting venue. Diamond Event Sponsors can post their company banner at their sponsored event. Please register by April 20 using the forms on pages 16 and 17, or visit www.gowv.com.

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Methane rule update

Continued from page 3

sent to the House of Representatives for consideration. The House likewise could consider and adopt SJR 14 in relatively short order following which the Joint Resolution would be sent to President Biden who will likely sign it. At that point the Policy Rule will “have no force or effect.” As explained by the Congressional Research Service, the rule would be deemed not to have had any effect at any time. Even provisions that had become effective would be retroactively negated. A significant concern with negating rulemaking activities using the CRA is that the agency is barred from issuing another rule in “substantially the same form” as the disapproved rule unless Congress authorizes the agency to do so in a subsequent law. It is not clear that the Biden Administration has any interest in promulgating one or more provisions of the Policy Rule so that limitation may be of little importance in the near term. It is important to note that SJR 14 only relates to the Policy Rule. Indeed, a resolution may only address one rule in order to retain the special “fast track” provisions of the CRA. Thus, the “Oil and Natural Gas Sector: Emission Standards for New, Reconstructed, and Modified Sources Reconsideration” rule that became effective on November 16, 2020 (Technical Rule) is not negated and remains in effect. The Technical Rule is arguably more helpful to smaller oil and gas operators because if provides some regulatory relief by exempting “low-production” wells from expending significant funds to monitor leaks. Voiding the Policy Rule would certainly have a negative impact on oil and gas operators in West Virginia and throughout the country. However, the Technical Rule provides some important regulatory relief and it has not been the subject of a joint resolution as of March 26, 2021. But the possibility exists that the Technical Rule could be the subject of negation through the CRA as well in the future. We will continue to monitor and report on SJR 14 and other resolutions utilizing the CRA. If you have questions or comments regarding this article, please contact Mark Clark at MClark@Spilmanlaw.com.

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Fool us again

Continued from page 9

In February, during the ice storm and extreme cold weather in Texas, ethane crackers and other petrochemical plants on the Gulf Coast lost electric power and natural gas. With no way to prevent freezing, pipes and valves cracked, shutting down plants. Over 80% of U.S. polyethylene production was shutdown. Polypropylene used to make many products for the automobile industry and healthcare products like N-95 masks suffered a similar fate. This is worse than any hurricane. Until these recent conferences I didn’t understand how serious the damage was. We were told 50% of the production is now back on line. With so many plants damaged at the same time, there is a shortage of physical resources like valves and specialty piping. Experienced human resources who can repair the damaged units are also needed. The repair process could take months.

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This means processors who make the stuff we need and want can’t get resin to meet demand. Reduced supply has dramatically increased prices processors must pay for resin. In 2020 demand, for services like travel dramatically decreased. Demand for products globally increased. We can’t expect relief from overseas suppliers. People created home offices and did home improvements. Students needed pads and computers. My hot tub salesman had a banner year in 2020 selling pools and hot tubs to people stuck at home. Our region has some unique advantages. The utilities here are set up to deal with cold weather. Below zero temperatures are not uncommon. Our gas and oil industry is also set up to deal with extreme cold. There will be occasional freezes but we won’t be shut down. Many of you have been on drilling rigs and on frac jobs in subzero temperatures. I can still recall the smell of burning diesel rags thawing out tank valves. It is shocking how fast water freezes in a steel line when pumping is stopped. America needs a second petrochemical hub. This freeze is just another incident regional manufacturers supplied resin by the Gulf Coast have had to endure. How many hurricanes have and Gulf Coast floods have to happen to drive the point home we can’t have all of our resin eggs in the Gulf Coast basket? Shell’s cracker coming on line in 2022 will help. We need PTT or someone to build a second and a third cracker. This projects will need NGLs and natural gas from you! We can expect to pay more for everything like plastic pipe, food and everyday products like my hot tub made from petrochemicals like polyethylene and polypropylene. Some products may be in short supply. Our industry is an essential part to changing this. When the salesman said our hot tub was in stock, Lynnda told me, “You know what I want.” We bought the hot tub.

with confidence

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Safety seminar registration form

2021 GO-WV HandSafe Safety Seminar Registration Form May 20 or May 27, 2021 | 10:00 a.m. - 3:00 p.m.

____________________________________________________________________________________ Company Name ____________________________________________________________________________________ Address ____________________________________________________________________________________ City, State, Zip ____________________________________________________________________________________ Telephone Participant

Member Y/N

Email

Lunch is included in the registration fee. Attendance is limited to 25 people at each event. Registering for: _____ May 20, Bridgeport Registration Fees @ $50 per person TOTAL

_____ May 27, Charleston $ _________ $ _________

Please click here to register and pay online or mail registration with payment by April 20, 2021, to: GO-WV, 300 Summers Street, Suite 820, Charleston, WV 25301 For additional information, call Lori Miller Smith at (304) 344-9867. No refunds after April 20, 2021.

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Safety seminar sponsor form

2021 GO-WV HandSafe Safety Seminar Sponsor Form May 20 or May 27, 2021 | 10:00 a.m. - 3:00 p.m.

________________________________________________________________________________________________ Company Name ___________________________________________________________________________________________________ Contact Name __________________________________________________________________________________________ Address ___________________________________________________________________________________________________ City State Zip ___________________________________________________________________________________________________ Telephone

Email

Sponsorship opportunities: _____ Silver Sponsor

$1,000

(includes logo on signage, on web site and in newsletter)

_____ Bronze Sponsor $ 500

(includes logo on signage, on web site and in newsletter)

Sponsoring: _____ May 20, Bridgeport

_____ May 27, Charleston

Sponsor Fees

$ _________

TOTAL

$ _________

Please click here to register and pay online or mail registration with payment by April 20, 2021, to: GO-WV, 300 Summers Street, Suite 820, Charleston, WV 25301 For additional information, call Lori Miller Smith at (304) 344-9867.

Thank you for your continued support!

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GO-WV Spring Swing sponsor form

2021 GO-WV Spring Swing Golf Outing Berry Hills Country Club, Charleston, WV June 7, 2021

________________________________________________________________________________________________ Company Name ___________________________________________________________________________________________________ Contact Name __________________________________________________________________________________________ Address ___________________________________________________________________________________________________ City

State

Zip

___________________________________________________________________________________________________ Telephone

Email

Sponsorship opportunities:

Diamond Event Sponsor _____ _____ _____ _____ _____ _____ _____

$5,500 (includes foursome fee, banner at event, logo on signage, on web site and in newsletter) Registration and player gift Breakfast Lunch Snack and beverage cart Door prizes Player awards Entertainment

Hole Sponsor

$1,000 (includes foursome fee, logo on signage at hole, on web site and in newsletter) _____ Hole number desired (based on availability)

Bronze Sponsor

$500 (includes logo on signage, on web site and in newsletter)

_____ Bronze Sponsor Please click here to register and pay online or return this form to GO-WV by May 7, 2021. Be sure to email a high resolution (300-dpi minimum) version of your company’s color logo to lmillersmith@gowv.com.

Thank you for your continued support! 300 Summer Street, Suite 820 | Charleston, WV 25301 | (304) 344-9867

16


GO-WV Spring Swing registration form

2021 GO-WV Spring Swing Golf Outing Berry Hills Country Club, Charleston, WV June 7, 2021

________________________________________________________ Company Name ________________________________________________________ Address ________________________________________________________ City, State, Zip ________________________________________________________ Telephone

Please click here to register and pay or mail this registration form with payment by May 7, 2021 to: 300 Summers Street, Suite 820 Charleston, WV 25301 No Refunds after May 7, 2021 (unless event canceled) For additional information call Lori Miller Smith, (304) 3449867.

Note: Mulligans are $20 each, with a limit of two mulligans per player for a maximum of eight mulligans per team. Red tees are $20 each, with a maximum of four per team. One red tee allows all four players to shoot from the red tee. A full “mulligan and red tee package” per team is $240. Name

Employer

Phone

Email

Registration Fees Golf fee per foursome @ $900 Individual mulligans: #_____ @ $20 each Individual red tees: #_____ @ $20 each

$ __________ $ __________ $ __________

Full mulligan and red tee package per foursome @ $240 TOTAL

$ __________ $ __________

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GO-WV Advertising Contract

18


GO-WV Advertising Contract

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300 Summers Street, Suite 820 Charleston, WV 25301 Phone (304) 344-9867 Fax (304) 344-5836

h

GO-WV Members As USI Insurance Services, we bring over 25 years of industry experience, a proprietary risk analysis process and a local team all supported by the expertise of more than 4,500 professionals nationwide. Let us show you how the right plan and the right partner can help protect your company's people and physical assets.

Pete Thackston, Senior Vice President USI Insurance Services 418 8th Street, Suite 301, Huntington, WV 25701 304-638-7281 I Pete.Thackston@usi.comIwww.usi.com

mm. INSURANCE SERVICES

Risk Management I Property & Casualty I Employee Benefits I Personal Lines I Retirement Consulting

©2014 USI Insurance Services. All Rights Reserved.

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