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Posted May 5, 2016Today in Energy

Hydraulically fractured wells provide two-thirds of U.S. natural gas production ›

For decades, hydraulic fracturing had been referred to as an unconventional completion technique, but over the past 10 years it has become the technique by which most natural gas is produced in the United States. Based on the most recent data from states, EIA estimates that natural gas production from hydraulically fractured wells now makes up about two-thirds of total U.S. marketed gas production. More

Source: EIA, based on IHS Global Insight and DrillingInfo Inc.


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Data Highlights

WTI crude oil futures price

5/4/2016: $43.78/barrels

down$1.55 from week earlier
down$16.62 from year earlier

Natural gas futures price

5/4/2016: $2.141/MMBtu

up$0.146 from week earlier
down$0.639 from year earlier

Natural gas inventories

4/29/2016: 2,625 Bcf

up68 Bcf from week earlier
up861 Bcf from year earlier

Crude oil inventories

4/29/2016: 543.4 million barrels 

up2.8 million barrels from week earlier
up56.4 million barrels from year earlier

Weekly coal production

4/30/2016: 11.259 million tons

up0.927 million tons from week earlier
down6.132 million tons from year earlier


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