SAN FRANCISCO (MarketWatch) -- Natural-gas futures turned lower Thursday after the Energy Information Administration reported a decline in U.S. inventories that was a bit smaller than expected. Supplies fell 172 billion cubic feet for the week ended Jan. 18, the EIA said. Analysts polled by Platts forecast a decline between 173 billion and 177 billion cubic feet. Total stocks now stand at 2.996 trillion cubic feet, down 157 billion cubic feet from the year-ago level and 320 billion cubic feet above the five-year average, the government said. February natural gas was at $3.54 per million British thermal units, down 2 cents, or 0.6%. It was trading higher around $3.58 shortly before the data.
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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42 — 4 Comments
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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