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.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
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.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.
Ftrom Bloomberg News:
By Grant Smith
The Organization of Petroleum Exporting Countries forecast the world will need less of its crude next year, even as global oil demand growth rebounds to its strongest pace since 2010, amid competing supply sources.
“The million-dollar question is what is going on with non-OPEC supply, and when we speak about non-OPEC we are speaking definitely about the U.S. market,” said Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt. “Otherwise, it’s a balanced outlook for the next year, and growth is likely to increase, though maybe OPEC are a little too optimistic on China.”
Dependence on OPEC’s crude is slipping as the U.S. and Canada unlock unconventional oil supplies from deep underground shale deposits with new drilling techniques. Brent crude futures have slipped 2.5 percent this year, trading at about $108 a barrel on the London-based ICE Futures Europe exchange today, amid signs of slowing growth in China and uneven recovery in the U.S., the world’s biggest oil consumers.
World oil consumption will advance by 1 million barrels a day, or 1.2 percent to 90.7 million next year as emerging nations expand and developed economies continue to recover, the organization’s Vienna-based secretariat said in its monthly market report today. China’s oil use will climb by 3.3 percent to 10.4 million barrels a day in 2014, a similar percentage gain to that predicted for this year, OPEC said.
Demand estimates for 2013 were kept mostly unchanged, with an anticipated growth rate of about 800,000 barrels a day, or 0.9 percent, to 89.6 million.
“Higher growth in the U.S. and a recovery in the euro zone are the main drivers behind the forecast,” OPEC said. “Emerging economies continue to expand at levels below the high rates seen in past years.”
Supplies from outside OPEC will rise by 1.1 million barrels a day next year to 55.1 million, compared with an increase of 1 million estimated for this year, according to the report. The expansion will be led by the U.S. and Canada, and assisted by nations including Brazil, Kazakhstan and South Sudan.
Estimates for non-OPEC supply expansion are “associated with a high level of risk,” as a range of political, technical and price-related dangers may cause output to increase less than forecast, according to OPEC.
Iran’s Oil Minister Rostam Qasemi warned that the size of U.S. shale oil supplies “should not be exaggerated.”
“Everything must be assessed realistically,” Qasemi said while attending a conference in Frankfurt today. “In the long run it can have effects on pricing and our certainties of supply. Based on a study by OPEC, we do not believe that there will be vast amounts of energy production in the U.S. In some countries it might not be possible to use those technologies.”
OPEC’s 12 members cut production by 309,100 barrels a day to 30.38 million in June as disruptions in Libya curbed the North African nation’s output by 206,700 barrels a day to 1.2 million, data from the report showed. The next-largest reductions were in Nigeria and Angola.
Saudi Arabia (OPCRSAUD), the group’s biggest member and de facto leader, boosted output by 50,000 barrels a day to 9.6 million. Group production for all of OPEC is about 380,000 barrels a day higher than the collective target of 30 million a day, which the organization ratified for a third time at its most recent meeting on May 31.
The International Energy Agency, an adviser to oil-consuming nations, will publish its first assessments for 2014 in a report published at 10 a.m. Paris time tomorrow.