NGSA: US gas supplies may be tight during heating season

There continues to be a tight balance between supply and demand in the US natural gas market, which could mean higher fuel costs for consumers this winter, the Natural Gas Supply Association (NGSA) said Oct. 3 in its third annual winter outlook for the 2003-04 heating season."Certainly, fears of a major upheaval in the marketplace have eased due to the very strong recovery this summer of natural gas inventories, but that doesn't mean we're 'out of the woods' in terms of supply costs," said NGSA Chairman William L. Transier.NGSA stressed that it does not project actual cost figures for wholesale or retail markets. But when analyzing publicly reported pricing data, the group...

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