US gas market to surge in coming decade

The North American natural gas sector will experience unprecedented growth over the coming decade, with increasing demand coming mostly from growing needs in the power generation sector. That the industry will be able to meet this increased demand in the coming decade is evident, in part, through a steady increase in gas-directed drilling in the US.These were some of the key findings of a joint study on North American natural gas trends by Arthur Andersen and Cambridge Energy Research Associates (CERA).Consolidations will continue to dominate the industry, moving from the integrated and upstream sectors to the midstream and energy distribution sectors, the companies predict. In addition, ...

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