Natural-gas prices continue higher after EIA data ( NGZ13 )
SAN FRANCISCO (MarketWatch) -- Natural-gas futures continued to gain ground on Thursday after the U.S. Energy Information Administration reported that supplies of natural gas rose 35 billion cubic feet for the week ended Nov. 1. Analysts surveyed by Platts expected a climb of between 34 billion cubic feet and 38 billion cubic feet. Total stocks now stand at 3.814 trillion cubic feet, down 112 billion cubic feet from a year ago but 57 billion cubic feet above the five-year average, the government said. December natural gas (ngz13) was at $3.58 per million British thermal units, up nearly 9 cents, or 2.5%. It was trading at around that same level 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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