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Local woman testifies on environment | News, Sports, Jobs
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Brittany Patterson /
Originally published on April 16, 2021 1:36 pm
In Central Appalachia an estimated 538,000 unplugged oil and gas wells and 853,393 acres of abandoned mine lands sit unreclaimed, often polluting the air and water, and presenting public safety threats.
But according to two new reports from the regional think tank
Ohio River Valley Institute, these sites that now pose serious health risks to residents could be providing thousands of jobs for the region. The group’s findings indicate that, should the federal government take the risk seriously and invest in mitigation, not only would environmental risk be reduced, but thousands of well-paying jobs could potentially be created.
The natural gas storage report from the EIA for the week ending April 9th indicated that the amount of natural gas held in underground storage in the US rose by 61 billion cubic feet to 1,845 billion cubic feet by the end of the week, which left our gas supplies 242 billion cubic feet, or 11.6% below the 2,087 billion cubic feet that were in storage on April 9th of last year, but now 11 billion cubic feet, or 0.6% above the five-year average of 1,834 billion cubic feet of natural gas that have been in storage as of the 9th of April in recent years..the 61 billion cubic feet that were added to US natural gas storage this week was less than the average forecast of a 65 billion cubic foot addition from an S&P Global Platts survey of analysts, and was also less than the 68 billion cubic feet added to natural gas storage during the corresponding week of 2020, but it far surpassed the average addition of 26 billion cubic feet of natural gas that have typically been injected into natural ga
New Research: Reclamation of Abandoned Oil And Gas Wells, Mine Sites Could Create Thousands of Jobs
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Another Reason to Nationalize Big Oil
When BP or another company “goes green” and sells oil wells, other companies just keep pumping them.
Andrew Burton/Getty Images
A gas flare at an oil well site outside Williston, North Dakota
What gets left behind when a major oil company opts to go net-zero? Just because greenhouse gas emissions move off a corporate balance sheet doesn’t mean they disappear. That’s the upshot of a lengthy new investigation by Bloomberg’s Rachel Adams-Heard.
The story looks at BP, which, as part of its ongoing and implausible rebranding as a low-carbon company, sold off long-standing assets in Alaska’s North Slope in 2019 to the privately held driller Hilcorp International. Months after taking over, Hilcorp ramped up production by 4.7 percent. Greenhouse gas emissions rose by 8.2 percent.
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