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Oil, Gas, And Fracking News Reads: 21February 2021

The natural gas storage report from the EIA for the week ending February 12th indicated that the amount of natural gas held in underground storage in the US fell by 237 billion cubic feet to 2,281 billion cubic feet by the end of the week, which left our gas supplies 105 billion cubic feet, or 4.4% below the 2,386 billion cubic feet that were in storage on February 12th of last year, but 57 billion cubic feet, or 2.6% above the five-year average of 2,224 billion cubic feet of natural gas that have been in storage as of the 12th of February in recent years..the 237 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast of a 251 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but much more than the 141 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, as well as the average withdrawal of 142 billion cubic feet of natural gas that have typically b

Louisiana coastal worker alleges dredge company ordered coverup of 2016 oil spill

Louisiana coastal worker alleges dredge company ordered coverup of 2016 oil spill Tristan Baurick NEW ORLEANS A marine contractor who ruptured an oil pipeline during a Louisiana coastal restoration project itself stemming from the BP oil disaster blames the company leading the operation for the resulting spill and says it directed him to cover up evidence and keep quiet. James Tassin, a heavy equipment operator from Harvey, is providing evidence to federal prosecutors for possible water pollution charges against Great Lakes Dredge and Dock Co., the Houston-based company that the government hired to rebuild a Plaquemines Parish island six years after the 2010 Deepwater Horizon disaster oiled it.

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