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US gas growth to rely heavily on Canada, Gulf of Mexico
01/22/2001
The following article is a summary of the Gas Technology Institute's report, The Long-Term Trends in US Gas Supply and Prices: 2000 Edition of the Gas Research Institute Baseline Projection of US Energy Supply and Demand to 2015.North American natural gas production grew to near-record levels during the 1990s despite gas prices averaging only one half of the 1980s levels (in real 1998 dollars). While year-to-year fluctuations in gas production are likely, current expectations are that US gas production will continue to set records in the future. Furthermore, other potential sources of gas supply-not addressed in the 2000 Gas Research Institute (GRI) Baseline Projection, for economic ...
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