IPAA panel says US gas output, demand gap to widen

07/02/2001
Click here to enlarge imageAn Independent Petroleum Association of America panel predicts US natural gas demand will increase 1.8%/year for the foreseeable future, rising to 24.8 tcf by 2005, to 28.1 tcf in 2010, and 30.7 tcf in 2015.The long-term forecast from IPAA's Supply and Demand Committee said US gas production would grow 1.9% this year but only 1.3%/year through 2005."Although this is a slower growth rate than shown by consumption, total gas output should hit 20.5 tcf by the year 2005 and 24.8 tcf by 2015. Total gas imports, mainly from Canada, are expected to rise to 4.95 tcf by 2005, up from 3.73 tcf in 2000. Imports of 6.05 tcf in 2015 will account for nearly 20% of tota...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected