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Oil, Gas, And Fracking News Reads: 06February 2021

The natural gas storage report from the EIA for the week ending January 29th indicated that the amount of natural gas held in underground storage in the US fell by 192 billion cubic feet to 2,689 billion cubic feet by the end of the week, which left our gas supplies 41 billion cubic feet, or 1.5% higher than the 2,648 billion cubic feet that were in storage on January 29th of last year, and 198 billion cubic feet, or 7.9% above the five-year average of 2,491 billion cubic feet of natural gas that have been in storage as of the 29th of January in recent years..the 192 billion cubic feet that were drawn out of US natural gas storage this week was a bit less than the average forecast of a 195 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but more than the 155 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and also more than the average withdrawal of 146 billion cubic feet of natural gas that have

Marathon to fund projects in southwest Detroit to settle refinery emissions violations

Marathon to fund projects in southwest Detroit to settle refinery emissions violations The state Department of Environment, Great Lakes, and Energy on Wednesday released the final terms of its agreement with the southwest Detroit refinery that includes an anticipated investment of $539,000 into environmental safeguards for the neighborhood in the 48217 ZIP code. The agreement, signed Jan. 22, lays out costs that exceed what was an anticipated $360,000 investment in a tentative deal from August. The order was effective on Monday.  The majority of the supplemental funding or about $500,000 will go toward installing an air filtration system at Mark Twain School for Scholars in southwest Detroit. The school is located about two miles from the refinery in the community that ranks among the state s most polluted. 

Marathon Offers to Purchase Property in Southwest Detroit to Create Green Space

DBusiness Magazine Marathon Offers to Purchase Property in Southwest Detroit to Create Green Space Ohio-based Marathon Petroleum Corp. has announced it will offer to purchase residential properties in the Boynton neighborhood in southwest Detroit in 2021 with the goal of creating green space as well as a buffer for residents from I-75 and the area’s industrial neighbors. Marathon plans to offer to purchase residential properties Boynton neighborhood in Detroit in 2021 to create green space. The Boynton neighborhood is in the lower left corner of the map. // Photo courtesy of the city of Detroit Ohio-based Marathon Petroleum Corp. has announced it will offer to purchase residential properties in the Boynton neighborhood in southwest Detroit in 2021 with the goal of creating green space as well as a buffer for residents from I-75 and the area’s industrial neighbors.

Marathon to purchase houses near refinery; develop green space expansion program

Marathon Petroleum Corp. has announced a property purchase program in a southwest Detroit neighborhood, which borders Downriver, beginning in 2021 that will allow it to develop green space. Marathon said it will offer to purchase properties in the Boynton neighborhood of southwest Detroit, with the objective of creating a green space in the area and providing residents a buffer from I-75 and the area’s industrial neighbors. The purchase program is focused on houses closest to I-75, including Edsel and S. Patricia Streets. - Advertisement - MPC is also negotiating with the city of Detroit Land Bank Authority to purchase or lease 38 abandoned houses and approximately 140 vacant lots owned by the city or the DLBA in the north Boynton neighborhood, with the objective of demolishing the abandoned homes and maintaining all vacant lots.

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