first we’ll take a quick look at some of the critical figures and data in the energy markets this week. (Click to enlarge) (Click to enlarge) Chart of the Week (Click to enlarge) • U.S. natural gas production hit another record in 2015, topping 79 billion cubic feet per day, which was an increase of 5 percent over 2014. • Most of the growth came from five states, which account for 35 percent of the country’s natural gas production – Pennsylvania, Ohio, West Virginia, Oklahoma and North Dakota. • The top three states sit on the Marcellus and Utica shales. The Marcellus is the most prolific shale gas basin in the United States, but drillers have shifted their sights more recently to the less developed Utica shale. Marcellus production is down while Utica’s is rising. Market Movers • Goodrich Petroleum filed for chapter 11 bankruptcy last week, which it […]