Hurricances and Nat Gas --with on shore shale gas no longer issue

August 30, 2012

SAEFONG: HURRICANES DON’T SCARE NATURAL GAS ANYMORE

Even with much of the Gulf of Mexico’s energy production shut down as Hurricane Isaac approached the region earlier this week, the natural-gas market barely blinked — and that’s exactly what analysts said would happen. “Natural gas did not react like it has in previous storms because, with the rapid development of shale gas over the last several years, the Gulf is increasingly less important to overall gas supply,” said Kim Pacanovsky, managing director and senior research analyst for oil andgas at MLV & Co. in New York.

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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

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