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Oil, Gas, And Fracking News Read 09May 2021


The natural gas storage report from the EIA for the week ending April 30th indicated that the amount of natural gas held in underground storage in the US rose by 60 billion cubic feet to 1,958 billion cubic feet by the end of the week, which left our gas supplies 345 billion cubic feet, or 15.0% below the 2,303 billion cubic feet that were in storage on April 30th of last year, and 61 billion cubic feet, or 3.0% below the five-year average of 2,019 billion cubic feet of natural gas that have been in storage as of the 30th of April in recent years..the 60 billion cubic feet that were added to US natural gas storage this week was more than the average forecast of a 51 billion cubic foot addition from an S&P Global Platts survey of analysts, but was well below the average addition of 81 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 103 billion cubic feet added to natur ....

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Mid-Ohio Valley Climate Corner: Methanol facility a bad idea for valley | News, Sports, Jobs


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The company West Virginia Methanol, Inc. submitted a permit application in November 2020 to build a facility in Pleasants County on a former carbon black site along the Ohio River. The West Virginia Department of Environmental Protection accepted public comments and held an online public hearing this week on the facility. This facility is yet another bad industrial idea for the Ohio River Valley.
If built, the permit application for this facility states that it will use 36 million cubic feet of natural gas per day to create 1,000 tons of methanol per day. All of that gas has to come from hydraulic fracturing, or fracking, of shale deposits. On Dec. 14, 2020, Concerned Health Professionals of New York along with Physicians for Social Responsibility released the 7th Edition of the Compendium of Scientific, Medical, and Media Findings Demonstrating Risks and Harms of Fracking (Unconventional Gas and Oil Extraction). This fully referenced compila ....

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