US, Russian gas supply vulnerable if 2002-03 winter unusually cold

The US and the Russian Federation (Russia) are not only the two largest producers of natural gas in the world, but its two largest consumers as well. Notwithstanding their sprawling gas industries and associated bountiful gas supplies, both countries might face natural gas supply problems if winter 2002-03 is unusually cold. But, if the approaching winter is as mild as last year's, they both could enter next spring with record gas reserves in storage.Gas productionFor the better part of the last decade, Russia's natural gas production slightly surpassed that of the US. With the dawn of the new century however, the top order was reversed (Fig. 1) in favor of the US; the crossover w...

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