All CATEGORIES
☰ Menu
Ohio Utica Shale

Is the U.S. too dependent on natural gas for electricity, magazine asks

By Jim Mackinnon Published: March 29, 2013

U.S. News & World Report wonders if growing dependence on natural gas is too much of a good thing.

"According to the Energy Information Administration, natural gas accounted for just 19 percent of the nation's electricity generation in 2005. Now that figure is closer to 30 percent. If projections about the decline in nuclear and coal capacity are correct, some industry watchers say natural gas will generate close to half of the nation's electricity in coming years.

[SEE: Fracking a Game-Changer for U.S. Economy]

"That might be an encouraging prospect with prices at historic lows, but given industry efforts to soften the slide in prices — including scaled-back gas production and new storage facilities to prevent supply gluts — shale gale or not, rock-bottom costs for natural gas can't last forever. As of Thursday, natural gas futures were at $4.05 per million BTUs, according to Reuters, up from $1.82 around this time last year.

"While that's still competitive with coal, rising natural gas prices could ultimately make it more economical for existing power plants to burn more coal. The EIA actually projects coal-generated electricity generation to pick up over the next two years as gas prices trend upward."

Read the whole story here.

SUBSCRIBE VIA RSS

OHIO.COM VIDEOS

See the most recent drilling report and an injection wells map From NewsOutlet.org
  • Main Blog Promo
  • Cavs Blog Promo
  • Browns Blog Promo
  • Indians Blog Promo
  • Beer Blog Promo
  • Fracking Blog Promo
  • High School Blog Promo
  • Zips Blog Promo
  • Akron Dish Food Blog
Prev Next

Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.