Watching Government: Natural gas policy

05/29/2000
A National Petroleum Council report on the US gas supply dilemma has been getting a lot of attention recently.NPC-the Energy Secretary's oil and gas advisory committee-issued a study last December urging a government strategy to develop gas supplies (OGJ, Dec. 20, 1999, Newsletter).The NPC study said gas demand could grow to 29 tcf by 2010 from the current 22 tcf/year."This growth will be driven primarily by growth in the economy and the increased reliance on natural gas for electricity generation. Almost 50% of the 7 tcf increase in demand will come from the electricity generation sector. Environmental regulations that favor natural gas usage could drive the demand even higher."NPC ...
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