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Oil, Gas, And Fracking News Read 02May 2021

The natural gas storage report from the EIA for the week ending April 23rd indicated that the amount of natural gas held in underground storage in the US rose by 15 billion cubic feet to 1,898 billion cubic feet by the end of the week, which left our gas supplies 302 billion cubic feet, or 13.7% below the 2,200 billion cubic feet that were in storage on April 23rd of last year, and 40 billion cubic feet, or 2.1% below the five-year average of 1,938 billion cubic feet of natural gas that have been in storage as of the 23rd of April in recent years..the 15 billion cubic feet that were added to US natural gas storage this week was more than the average forecast of a 9 billion cubic foot addition from an S&P Global Platts survey of analysts, but measured well below the average addition of 67 billion cubic feet of natural gas that have typically been injected into natural gas storage during the same week over the past 5 years, as well as well below the 66 billion cubic feet added to natur

Several petrochemical companies to pay $5 5 million for years of pollution in area waters

Several petrochemical companies to pay $5.5 million for years of pollution in area waters Several petrochemical companies will pay $5.5 million to the federal government for costs incurred while investigating and addressing contamination of the Calcasieu Estuary Site. (Source: KPLC) By Johnathan Manning | April 26, 2021 at 5:03 PM CDT - Updated April 26 at 5:13 PM LAKE CHARLES, La. (KPLC) - Several petrochemical companies will pay $5.5 million to the federal government for costs incurred while investigating and addressing contamination of the Calcasieu Estuary Site. The pollution occurred over a number of years as the plants released chemicals into area waterways, according to the complaint filed in federal court.

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