Debate grows over US gas supply crisis as harbinger of global gas production peak

07/21/2003
Second in a series of six special reports on Future Energy SupplyConcerns over global natural gas supply are mounting.While most apprehension over future energy supply has centered on oil, speculation has grown recently over whether future gas supplies also will suffice to meet projected demand.Some of this concern is longer-term, as advocates of the theory of an imminent peak in world oil production also attempt to model a similar grim scenario for gas (OGJ, July 14, 2003, p. 18).Detractors of that view hold that applying a bell-shaped curve to model a near-term peak in world gas production, as former Shell Oil Co. geophysicist M. King Hubbert did famously with US Lower 48 oil, is even l...
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