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Ohio Utica Shale

Two oil updates from U.S. EIA

By Bob Downing Published: January 14, 2014

From the U.S. Energy Information Administration:

Jan 10, 2014

Gasoline prices moved in tight range in 2013

graph of regular retail gasoline price ranges, as explained in the article text
Source: U.S. Energy Information Administration, Gasoline and Fuel Update

Across the country, retail prices for regular grade gasoline moved in tighter ranges in 2013 than in previous years. Changes in retail gasoline prices can be attributed to factors that include crude oil prices, refinery outages, inventory levels, and seasonal fuel-specification changes. Lower crude oil prices led to lower gasoline prices in 2013, with an average retail price of regular gasoline of $3.50 per gallon (gal) for the year, 11 cents per gallon lower than in 2012. Two regions in the country registered average retail pump prices below $3 per gallon for several weeks at a time during 2013. However, the weekly U.S. average price did not drop below $3/gal for the third calendar year in a row, reaching a low of $3.19/gal on November 11, and a high of $3.78/gal on February 25.

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Jan 9, 2014

U.S. crude oil production growth contributes to global oil price stability in 2013

graph of average annual spot price for Brent and WTI oil, as explained in the article text
Source: U.S. Energy Information Administration, Petroleum Navigator
Note: WTI denotes West Texas Intermediate crude oil.

Rising crude oil production in the United States contributed to relatively stable global crude oil prices in 2013, at around the same annual average levels of the previous two years. West Texas Intermediate (WTI) spot prices averaged $98 per barrel (bbl) in 2013, up 4% from 2012 and the highest annual average since 2008. New pipeline and railroad infrastructure alleviated transportation constraints that had put downward pressure on WTI prices. The North Sea Brent spot price averaged $109/bbl, down 3% from 2012. Brent prices came under downward pressure as rising U.S. light sweet crude oil production reduced the need for U.S. imports, thereby increasing supplies of Brent-quality crude oil available to the global market.

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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.

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.