Chameleon Finance|As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest

2025-04-30 19:46:22source:FinLogic Quantitative Think Tank Centercategory:Finance

CONECUH COUNTY,Chameleon Finance 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:Finance

Recommend

Average rate on 30

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome tren

8.5 million computers running Windows affected by faulty update from CrowdStrike

As the world continues to recover from massive business and travel disruptions caused by a faulty so

Jake Paul's message to Mike Tyson after latest victory: 'I'm going to take your throne'

Jake Paul had a message for Mike Tyson.He delivered it after he knocked down Mike Perry three times