SignalHub Quantitative Think Tank Center-As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest

2025-05-01 21:38:39source:Winimark Wealth Societycategory:Markets

CONECUH COUNTY,SignalHub Quantitative Think Tank Center Ala.—At the confluence of the Yellow River and Pond Creek in Alabama’s Conecuh National Forest, there’s a place of peace. 

It’s a small, icy blue, year-round freshwater spring where the locals often go to unplug. Nestled inside Conecuh National Forest, Blue Spring is surrounded by new growth—mostly pines replanted after the forest was clear cut for timber production in the 1930s.

Nearly a century after that clear cut, another environmental risk has reared its head in the forest, threatening Blue Spring’s peace: oil and gas development. 

As the Biden administration came to a close earlier this month, officials with the U.S. Forest Service (USFS) initiated the process of “scoping” the possibility of new oil and gas leases in Conecuh National Forest.

We’re hiring!

Please take a look at the new openings in our newsroom.

See jobs

More:Markets

Recommend

Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback

A federal appeals court blocked Nasdaq rules to increase boardroom diversity, saying that the Securi

Car drives through fence at airport, briefly disrupting operations, officials say

A car crashed through a fence at Maine’s busiest airport, traveled on a service road alongside a run

All We Want for Christmas Is to Go to Mariah Carey's New Tour: All the Concert Details

Mariah Carey is defrosting the icicles on her throne even earlier this year.The Queen of Christmas h