Nat Gas futures gain today 12/20/2012 on supply inventories fell more than expected

Natural gas adds to gains after EIA supply data ( NGF13 ) by Myra P. Saefong

SAN FRANCISCO (MarketWatch) -- Natural-gas futures gained more ground Thursday after the Energy Information Administration reported that inventories of the commodity fell more than expected, by 82 billion cubic feet for the week ended Dec. 14. Analysts polled by Platts forecasted a decline between 74 billion cubic feet and 78 bcf. Total stocks now stand at 3.724 trillion cubic feet, up 66 billion cubic feet from the year-ago level and 345 billion cubic feet above the five-year average, the government said. January natural gas (ngf13) was at $3.43 per million British thermal units, up 11 cents, or 3.3%. It was trading around $3.38 shortly before the data

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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.

This area has suffered immense environmental degradation…

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Posted by Char on May 29, 2025 at 14:42 — 4 Comments

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