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#naturalgas

3 posts2 participants0 posts today
Continued thread

US #stocks extended already deep losses as traders focused on remarks from #FederalReserve Chair #JeromePowell amid global economic turmoil caused by #Trump’s sweeping #tariffs.

The S&P 500 was last down 4.3%, while the Nasdaq was down by about the same amount.

#Oil plunged to its lowest level since 2021 & commodities including #NaturalGas & #soybeans also dived as #China retaliated against #Trump's aggressive tariffs.

Replied in thread

"Modern high-volume hydraulic fracturing is a technique used to enable the extraction of natural gas or oil from shale and other forms of “tight” rock (in other words, impermeable rock formations that lock in oil and gas and make fossil fuel production difficult). Large quantities of water, chemicals, and sand are blasted into these formations at pressures high enough to crack the rock": oklahomaminerals.com/fracking-

#Indiana natural gas bill would redefine the #FossilFuel as green energy

"Sen. Jim Buck, R-Kokomo, introduced Senate Bill 178 that, if passed, will allow #NaturalGas and propane the same status as #RenewableEnergy sources when applying federal money to clean or green energy projects.

Buck said he fashioned his bill after an Ohio law [backed by ALEC] that similarly defined methane as clean energy.

Buck is on ALEC’s board of directors."

indystar.com/story/news/enviro

Indianapolis Star · Indiana natural gas bill would redefine the fossil fuel as green energyBy Karl Schneider