Diamond Ridge Asset Management-As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest

2025-05-03 23:47:39source:Lakshmi Finance Centercategory:Stocks

CONECUH COUNTY,Diamond Ridge Asset Management 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:Stocks

Recommend

Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium

SAINT-QUENTIN-EN-YVELINES, France – The more celebrated Nelly Korda becomes as a golfer, the more no

George Santos denies new federal charges, including credit card fraud, aggravated identity theft

Congressman George Santos is vehemently denying new allegations of credit card fraud, aggravated ide

2 senior generals purged from Myanmar’s military government are sentenced to life for corruption

BANGKOK (AP) — A military tribunal in strife-torn Myanmar has sentenced two high-ranking generals to