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Climate, bankruptcies: A 'perfect storm' for oil leaks?

Climate, bankruptcies: A 'perfect storm' for oil leaks?
eenews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eenews.net Daily Mail and Mail on Sunday newspapers.

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Four people injured after gas well explosion in Louisiana bayou

The victims were taken by helicopter and ambulance to hospitals in New Orleans and Lafayette, officials said.
Author: WWL Staff, David Hammer / Eyewitness Investigator
Published: 5:05 PM CDT May 25, 2021
Updated: 3:16 PM CDT May 26, 2021
Officials confirm four people were wounded in an explosion at a natural gas well in the inland waters of St. Mary Parish on Tuesday.
Workers from Wild Well Control, an oil spill response company, were trying to get a blowout under control at a well owned by Texas Petroleum Investment Co. when a spark ignited the natural gas coming from the well, according to Patrick Courreges of the Louisiana Department of Natural Resources. ....

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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 ....

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Louisiana's oil and gas industry lost thousands of jobs in pandemic

BATON ROUGE Employment in Louisiana’s oil and gas industry has been declining since 2014 and took another big hit during the COVID-19 pandemic, with layoffs of 7,500 more workers.
The high-paying jobs have not come back yet even though world oil prices have rebounded to pre-pandemic levels. And as President Joe Biden pushes to accelerate a shift to renewable energy sources, oil and gas workers from Lafayette to Houma are feeling increasingly uneasy about the future.
Loren Scott, an economist who does consulting work for the industry, said Louisiana has about 27,000 jobs in oil and gas extraction, or 7,500 fewer than in January 2020. That number reflects those working in oil and gas exploration and production. ....

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Louisiana oil & gas recovery lags behind other industries, economists say

Louisiana oil & gas recovery lags behind other industries, economists say
neworleanscitybusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neworleanscitybusiness.com Daily Mail and Mail on Sunday newspapers.

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