Here are some more selected news articles for the week ending 26 December 2020. Go here for Part 1.
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Global Economic Intersection every Monday evening or Tueday morning.
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Scientist Dominic DiGiulio s Work Illuminated How Fracking Affects People and Environment - - People in communities across the nation have found themselves the participants in a fracking experiment. The practice is controversial because of its potential impacts to public health and the environment, specifically, it can poison drinking water. After years of research, scientist Dominic DiGiulio made this link. He found that people s groundwater can become contaminated under certain conditions. The pits that store fracking chemicals are one example. Such was the case in Pavillion, Wyoming, a community of roughly 230 people.Back in 2008, residents began complaining their water had a foul taste and smell
The natural gas storage report from the EIA for the week ending December 11th indicated that the quantity of natural gas held in underground storage in the US had decreased by 122 billion cubic feet to 3,726 billion cubic feet by the end of the week, which left our gas supplies 284 billion cubic feet, or still 8.3% higher than the 3,442 billion cubic feet that were in storage on December 11th of last year, and 243 billion cubic feet, or 7.0% above the five-year average of 3,483 billion cubic feet of natural gas that have been in storage as of the 11th of December in recent years..the 122 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast from an S&P Global Platts survey of analysts who had expected a 127 billion cubic foot withdrawal, but was higher than the average withdrawal of 105 billion cubic feet of natural gas that have typically been pulled out of natural gas storage during the same week over the past 5 years, and the