PITTSBURGH (AP) — Marcellus Shale natural gas production is rising even faster this year than energy experts predicted, and that’s having a national impact on energy.
Bentek, a Colorado company that analyzes energy trends, says that 2013 production in Pennsylvania and West Virginia is up about 50 percent compared to last year. Figures from the pipelines that take gas out of the Marcellus show that in the first six months of the year Pennsylvania produced about 1.5 trillion cubic feet of gas, with projections for a year-end total of about 3.2 trillion cubic feet.
That yearly number translates into the energy equivalent of about 550 million barrels of oil.
Diana Oswald, a Bentek analyst, says Marcellus production this year “has definitely outpaced our expectations” and is changing long-established national energy trends.