Natural-gas prices fall on rise in supply ( NGM13 ) by Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- Natural-gas futures lost more ground on Thursday, after the U.S. Energy Information Administration reported an 88 billion cubic foot increase in U.S. inventories for the week ended May 3. Analysts polled by Platts forecasted a climb between 86 billion cubic feet and 90 billion. Total stocks now stand at 1.865 trillion cubic feet, down 737 billion cubic feet from the year-ago level and 99 billion cubic feet below the five-year average, the government said. June natural gas (ngm13) was at $3.91 per million British thermal units, down 7 cents, or 1.8%. It was trading at $3.95 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
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