Is fracking affecting natural gas prices?

• Autores: Emma Hughes
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 552, 2013
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • According to data from the US Energy Information Administration (EIA), which tracks the Henry Hub, the increased amount of fracking activity has driven prices consistently below the $5/MMBtu since the beginning of 2010.

    Between 2000 and 2009, natural gas prices fluctuated from spikes as high as $18.48/MMBtu in February 2003, settling down to an average of around $4/MMBtu in 2009.

    Here, natural gas prices have been falling consistently since gas production at the Marcellus shale began in 2009. Back then, prices were around $4/MMBtu. Now, prices sit around the $3.30/MMBtu mark.