U.S. gas deliverability, output gap widens

Lower 48 Gas Monthly Output, Capacity [45,646 bytes] The U.S. Energy Information Administration reports that continuing increases in natural gas productive capacity in the U.S. Lower 48 this year will be more than adequate to meet normal production demand. It noted that the largest U.S. gas producing area, the Gulf of Mexico, is expected to meet its historical market share of U.S. production and maintain substantial surplus productive capacity. But EIA said that, beyond 1998, a sufficient number of discoveries or imports must be added to ensure an adequate gas capacity and supply. Capacity on the upswing The EIA report said that the decline in gas produ...

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