From Bloomberg News:
In 2011, the U.S. met 81 percent of its energy demand, the highest since 1992. The surge in hydraulic fracturing in shale formations played a major role, and has also resulted in a vast oversupply of natural gas. According to the Energy Department’s Short-Term Energy Outlook by the end of October natural gas inventories could reach a record of 3.95 trillion cubic feet.
New pipelines could boost deliveries of natural gas from the Marcellus shale deposit in the Northeast by as much as 30 percent. According to the US Department of Energy, there are approximately 1,000 Marcellus shale wells that are uncompleted due to a lack of pipeline access.
“There are new pipelines coming up and more Marcellus gas is going to flood storage going into winter,” Price Futures Group senior market analyst, Phil Flynn, said in a recent phone interview. “Unless you get a really cold winter, prices are going to be in the $2 range.”
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.