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Oil, Gas, And Fracking News Read 18April 2021

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

UL Lafayette and Tunica-Biloxi Tribe of Louisiana announce partnership

UL Lafayette and Tunica-Biloxi Tribe of Louisiana announce partnership UL Lafayette and Tunica-Biloxi Tribe announce partnership 04/21/2021 and last updated 2021-04-21 19:54:33-04 A new partnership has been formed between the University of Louisiana at Lafayette and the Tunica-Biloxi Tribe of Louisiana. UL Lafayette says that the partnership will advance the shared missions of improving Louisiana and provide resources for the Tribe s 1,300 Tribal citizens in Louisiana and around the country. The partnership was formalized by UL Lafayette president Dr. Joseph Savoie and Tunica-Biloxi Tribe chairman Marshall Pierite during a signing ceremony on Tuesday, April 20 at the LITE Center. Collaborations such as these are essential to our state. By aligning resources toward a common mission, this partnership between the University and the Tunica-Biloxi Tribe will strengthen the state s economic landscape today and nurture future economic growth, Savoie said.

Louisiana experts say renewable energy not a threat to state, economy

Louisiana experts say renewable energy not a threat to state, economy
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The real threat is not taking action : Experts say renewable energy poses an opportunity, not a threat, to Louisiana | Business

BATON ROUGE, La. - In his first week in office, President Joe Biden signed executive orders to eliminate many federal subsidies for fossil fuels starting next year and pause new oil and gas permits on federal lands. Louisiana congressional delegation expressed outrage about Biden’s decision. Sen. John Kennedy, a Republican, said the changes would be “devastating to Louisiana,” and Sen. Bill Cassidy, called Biden’s use of the term “Cancer Alley” a “slam upon our state.” Louisiana Attorney General Jeff Landry is leading a lawsuit against Biden’s moratorium on oil and gas leases. But local economic and environmental experts say it’s time for Louisiana to join the global shift to renewable energy, both to ease coastal erosion and to offset the economic and job losses that now seem inevitable. The state ranks 38th in the country in renewable energy production, according to the U.S. Energy Information Administration. Experts warn that if

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