Industry panel warns of possible US gas supply crisis

03/08/2004
The future near and midterm supply of US and Canadian natural gas came under close scrutiny during a panel discussion by industry participants Feb. 20 at the second annual Energy Finance Conference. The conference was hosted jointly by the Center for Energy Finance Education & Research and ConocoPhillips at the University of Texas at Austin.One panel member forecast a "flat" gas production outlook for US and Canada over the next decade, while another contended that the US in particular is heading toward a critical point in the next 5-10 years with regard its supply-demand balance.Also, the effects of gas supply and demand on near and midterm gas prices in the US were a hot topic among pan...
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