Watching Government: Gas outlook

Industry spokesmen are trying to remain optimistic, but the US appears headed for tighter natural gas supplies and much higher prices this winter.Sen. Frank Murkowski (R-Alas.) recently held an energy and natural resources committee hearing on the outlook for US gas production.Referring to the Clinton Administration's energy policies, Murkowski said, "We've put all our energy eggs in the natural gas basket, but we have not concentrated on producing more eggs."The US Energy Information Administration predicts gas use will increase from 21 tcf/year now to nearly 30 tcf by 2015 and 32 tcf by 2020.In the shorter term, Murkowski predicted a public outcry over natural gas prices this wi...

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