Natural-gas reserves are under streets


November 11, 2013 at 12:00a.m.

Natural-gas reserves are under streets

PITTSBURGH

Natural-gas maps show considerable reserves beneath Pittsburgh, but that’s where they’ll stay, at least for the time being.

The Pittsburgh Post- Gazette reported Sunday that the reddest spot on a heat map of western Pennsylvania is the Pittsburgh metropolitan area.

Drillers say they’re not looking at bringing in rigs, given the region’s urban development and surface topography.

The city council passed a ban on hydrofracking three years ago that no one has sought to challenge.

Other areas of Allegheny County are being drilled, and the county is considering whether to allow it beneath a promising 1,200-acre property known as Deer Lakes.

1 dead, scores hurt in Bangladesh protest

DHAKA, BANGLADESH

Opposition activists in Bangladesh clashed with police and ruling party members Sunday on the first day of a four-day general strike amid concerns by businesses that the country will suffer terribly if the ongoing chaos does not stop.

At least one man died, and scores were injured as the opposition enforced the strike to force Prime Minister Sheikh Hasina to quit and form a caretaker government made up of people from outside of mainstream political parties.

The latest spate of violenceSFlbcame after at least 18 people died during similar protests over the last two weeks as the opposition enforced shutdowns totaling 120 hours.

Vindicator wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .61, 24.93 —.29

Avalon Holdings,5.11.00

Clear Channel, .61 25.81 —.39

Cortland Bancorp, 9.75.00

Farmers Nat., .126.31 .01

First Energy, 2.20, 38.85.53

FirstMerit Corp., .64,22.44 .57

First Niles Financial, .32,6.50.00

First Place Fin., .0026.0008

FNB Corp., .48,12.85.46

General Motors,36.68.76

General Electric, .76,27.04.44

Motors Liquidation, .0422.00

Huntington Bank, .20, 9.015.305

JP Morgan Chase, 1.52,53.952.30

Key Corp, .22,13.02.56

LaFarge, 17.38 —.15

Macy’s, 1.00, 46.18.22

Parker Hannifin, 1.80, 116.121.59

PNC, 1.76,75.552.65

RTI Intl. Metals,34.65—.17

Simon Prop. Grp.,4.60,152.95—2.37

Stoneridge 11.90 —.14

United Community Fin. 3.78.10

Selected prices at 4 p.m. Friday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.