Natural-gas prices pare loss after EIA data for week ending Nov 8---- maybe last injection for season since this week is cold

Natural-gas prices pare loss after EIA data                                 (                                     NGZ13                                 )                               

SAN FRANCISCO (MarketWatch) -- Natural-gas futures pared their losses on Thursday after the U.S. Energy Information Administration reported that supplies of natural gas rose 20 billion cubic feet for the week ended Nov. 8. That was on the low end of market expectations. Analysts surveyed by Platts expected a climb of between 20 billion cubic feet and 24 billion cubic feet. Total stocks now stand at 3.834 trillion cubic feet, down 80 billion cubic feet from a year ago but 58 billion cubic feet above the five-year average, the government said. December natural gas     (ngz13)   was at $3.54 per million British thermal units, down 2.5 cents, or 0.7%. It was trading at $3.50 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.

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

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