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Ohio Utica Shale

Natural gas prices reflect decreasing seasonality, EIA says

By Bob Downing Published: November 20, 2013

From the U.S. Energy Information Administration today:

Nov 20, 2013


Graph of natural gas contracts, as explained in the article text

Source: U.S. Energy Information Administration, based on Bloomberg
Note: The numbers above represent the average price spread during October trading between the Henry Hub futures contract for delivery in November of the same year and February of the next year on the New York Mercantile Exchange (e.g., the 2010 bar is the February 2011 contract price minus the November 2010 contract price during October 2010 trading). The November contract represents an average non-peak autumn month, and the February contract represents a peak winter month.

North American natural gas markets exhibit seasonal variation, with higher prices in winter because of increased heating demand. This seasonality of prices can be seen in natural gas futures contracts traded on the New York Mercantile Exchange (Nymex).

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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.

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Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

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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.

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

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Penn State Marcellus Center.

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

Allegheny Front, environmental public radio for Western Pennsylvania.