US gas demand decline led by lagging industrial use

09/24/2001
Natural gas consumption is expected to decline 1.3% this year from a year ago, reflecting sharp reductions in industrial gas demand.That's the forecast of the US Energy Information Administration. The US economic slowdown and the absence of any sustained and broad-based boost in fuel use from summer electricity demand have pushed up gas supplies, EIA said.At the end of August, working gas in storage amounted to about 2.603 tcf, 19% above the low year-ago levels and 7.6% above the previous 5-year average. Click here to enlarge imageAgency forecasters said the current gas situation is one that few, if any, foresaw when stocks fell to extraordinarily low levels at the end of the heatin...
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