 |
WTI Crude •10 mins | 24.62 | +0.99 | +4.19% |
 |
Brent Crude •2 hours | 31.87 | -1.18 | -3.57% |
|
Natural Gas •10 mins | 1.886 | +0.034 | +1.84% |
|
Mars US •2 hours | 20.63 | -4.45 | -17.74% |
|
Opec Basket •2 days | 23.48 | +0.47 | +2.04% |
|
Urals •19 hours | 24.10 | -0.75 | -3.02% |
|
Louisiana Light •2 days | 22.21 | -0.90 | -3.89% |
|
Marine •19 hours | 25.24 | -0.07 | -0.28% |
|
Murban •19 hours | 25.62 | -0.15 | -0.58% |
|
Iran Heavy •19 hours | 21.80 | +1.25 | +6.08% |
|
Basra Light •19 hours | 30.90 | -3.14 | -9.22% |
|
Saharan Blend •19 hours | 22.32 | +0.40 | +1.82% |
|
Bonny Light •19 hours | 26.73 | +0.44 | +1.67% |
|
Canadian Crude Index •34 mins | 11.40 | +0.00 | +0.00% |
|
Western Canadian Select •18 hours | 10.68 | -2.26 | -17.47% |
|
Canadian Condensate •18 hours | 26.93 | -2.26 | -7.74% |
|
Premium Synthetic •18 hours | 26.48 | -2.26 | -7.86% |
|
Sweet Crude •18 hours | 21.83 | -2.26 | -9.38% |
|
Peace Sour •18 hours | 16.08 | -2.26 | -12.32% |
|
Louisiana Light •2 days | 22.21 | -0.90 | -3.89% |
|
Domestic Swt. @ Cushing •19 hours | 20.25 | -2.50 | -10.99% |
|
Giddings •19 hours | 14.00 | -2.50 | -15.15% |
|
ANS West Coast •5 days | 29.05 | +3.37 | +13.12% |
|
West Texas Sour •19 hours | 17.58 | -2.45 | -12.23% |
|
Eagle Ford •19 hours | 21.53 | -2.45 | -10.22% |
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Fracking is Worth Over $100 Billion a Year to US Consumers
Energy production is one of the few bright spots in the American economy. A back of the envelope cost-benefit calculation from a Yale-associated group estimates that recent increases in shale gas production have been worth just over $100 billion annually to US consumers. In comparison, the authors estimates that groundwater contamination costs $250 million per year, a 400 to 1 benefit to cost ratio.
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