Outlook for U.S. Natural Gas Markets Richard Newell, Administrator U.S. Energy Information Administration October 7, 2009
U.S. natural gas shale plays Richard Newell
Production in key gas shale plays is growing rapidly Billion cubic meters 90 80 Marcellus 70 Haynesville 60 Woodford 50 Fayetteville 40 Barnett 30 Antrim 20 10 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009* *Estimated…
Henry Hub spot prices for natural gas remain highly uncertain Henry Hub spot STEO Henry Hub forecast NYMEX futures prices 68% NYMEX confidence interval 95% NYMEX confidence interval Dollars per million Btu 16 History Projections…
For more information Short-Term Energy Outlook October 2009 www.eia.doe.gov/emeu/steo/pub/ Annual Energy Outlook 2009 www.eia.doe.gov/oiaf/aeo/ International Energy Outlook 2009 www.eia.doe.gov/oiaf/aeo/ Weekly Natural Gas Storage…