A Different Take On Natural Gas Storage Numbers

http://seekingalpha.com/article/223167-why-natural-gas-storage-numb...

"Storage capacity is going to go up every year to stay on pace with rising demand, in fact since 2000 we’ve added on average about 100 bcf to our storage each year according to FERC. I would suggest a better indicator of our storage situation would be rather than compare our current storage number (3052) to the gross 5 year average of overall storage (2875); it would be more telling to take into account this new capacity and compare the percentage of storage capacity filled."

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Permalink Reply by Parkdota on August 31, 2010 at 13:40

Uh, that is simplistict yet brilliant....why can't EIA figure this out? I would assume producers have got to be pushing for this type of accounting system or a version similar to it.

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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

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.

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As 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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