Natural-gas supply up 89 billion cubic feet: EIA ( NGM13 ) by Myra P. Saefong
SAN FRANCISCO (MarketWatch) - Natural-gas futures moved higher on Thursday after the U.S. Energy Information Administration reported a rise of 89 billion cubic foot in inventories for the week ended May 17. Analysts polled by Platts forecasted a climb between 90 billion cubic feet and 94 billion cubic feet. Total stocks now stand at 2.053 trillion cubic feet, down 680 billion cubic feet from the year-ago level and 84 billion cubic feet below the five-year average, the government said. June natural gas (ngm13) was at $4.23 per million British thermal units, up 4 cents, or 1%. It was trading at $4.18 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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