Gas Demand Growth To Outstrip That Of Other Major Energy Sources To 2002

Natural gas will be the fastest-growing major source of energy during 1999-2002. Click here to enlarge imageAbundant reserves, competitive prices, and environmental advantages over the other hydrocarbon fuels ensures strong market growth for natural gas during the next 3 years. Gas consumption will increase more rapidly than overall energy demand, which will also move up significantly in response to worldwide economic growth (see related story, p. 43).Worldwide gas demand will increase 8.4% from the 1999 level, to 87.2 tcf, in 2002. Over the forecast period, this growth rate will only be exceeded by the "other fuels" category, which includes relatively smaller energy sources such as hydr...

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