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Oil, Gas, And Fracking News Read14March 2021

The natural gas storage report from the EIA for the week ending March 5th indicated that the amount of natural gas held in underground storage in the US fell by 52 billion cubic feet to 1,793 billion cubic feet by the end of the week, which left our gas supplies 257 billion cubic feet, or 12.5% below the 2,050 billion cubic feet that were in storage on March 5th of last year, and 141 billion cubic feet, or 7.3% below the five-year average of 1,934 billion cubic feet of natural gas that have been in storage as of the 5th of March in recent years..the 52 billion cubic feet that were drawn out of US natural gas storage this week was less than the average forecast of a 65 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, and was also less than 72 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and less than the average withdrawal of 89 billion cubic feet of natural gas that have been pulled out of nat

Empowering Native Communities, One Business at a Time

Tribes Worry Line 5 Tunnel Construction Could Bring Sex Trafficking, Violence To Native Communities

March 7, 2021 When oil and gas companies employ hundreds of out-of-town, typically male workers to work on pipeline projects, an uptick in that area s rates of sexual violence and sex trafficking usually follows. Subscribe That s becoming a concern for Michigan s Indigenous people, who cite Canadian oil company Enbridge s impending Line 5 pipeline tunnel project in the Mackinac Straits as a reason to worry for their already-vulnerable tribal communities nearby. The correlation between extractive industry construction like pipeline projects and sex trafficking is well-documented. Temporary housing communities for the labor force building the pipelines, often called man camps, result in a temporary population boom in often-rural areas. These create a strain on the area s social infrastructure and can stretch police services thin if crimes occur.

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